Provident Financial (NASDAQ:PROV – Get Free Report) posted its quarterly earnings results on Monday. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.03, Zacks reports. The firm had revenue of $14.97 million during the quarter, compared to the consensus estimate of $9.74 million. Provident Financial had a return on equity of 5.67% and a net margin of 12.53%. During the same quarter in the previous year, the business earned $0.25 earnings per share.
Provident Financial Price Performance
PROV stock opened at $15.47 on Wednesday. The stock has a 50-day simple moving average of $14.46 and a 200-day simple moving average of $13.37. The firm has a market cap of $104.73 million, a P/E ratio of 14.59 and a beta of 0.40. The company has a debt-to-equity ratio of 1.84, a quick ratio of 1.23 and a current ratio of 1.23. Provident Financial has a 1 year low of $10.16 and a 1 year high of $15.70.
Provident Financial Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 14th will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 3.62%. The ex-dividend date is Thursday, November 14th. Provident Financial’s payout ratio is 52.83%.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on Provident Financial
About Provident Financial
Provident Financial Holdings, Inc operates as the holding company for Provident Savings Bank, F.S.B. that provides community banking services to consumers and small to mid-sized businesses in the Inland Empire region of Southern California. The company's deposit products include checking, savings, and money market accounts, as well as time deposits; and loan portfolio consists of single-family, multi-family, commercial real estate, construction, mortgage, commercial business, and consumer loans.
Featured Articles
- Five stocks we like better than Provident Financial
- Stock Market Sectors: What Are They and How Many Are There?
- Advanced Micro Devices is Building Momentum with AI: Buy the Dip
- Market Cap Calculator: How to Calculate Market Cap
- Can Evolv Stock Recover From Its Massive Self-Inflicted Drop?
- What to Know About Investing in Penny Stocks
- 3 ETFs With Low Fees and Market-Beating Returns
Receive News & Ratings for Provident Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Provident Financial and related companies with MarketBeat.com's FREE daily email newsletter.