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Provident Financial Holdings

Market Cap


Last Updated

2021/07/31 05:41 UTC

Data Sources

Company Financials +

Executive Summary

Provident Financial Holdings, Inc. operates as the holding company for Provident Savings Bank, F.S.B. More Details


PE ratio (16.7x) is below the US market (18x)

Pays a reliable dividend of 3.32%

Risk Analysis

No risks detected for PROV from our risk checks.

Snowflake Analysis

Excellent balance sheet average dividend payer.

Similar Companies

Share Price & News

How has Provident Financial Holdings's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: PROV is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: PROV's weekly volatility (4%) has been stable over the past year.

Market Performance

7 Day Return




US Mortgage


US Market

1 Year Return




US Mortgage


US Market

Return vs Industry: PROV underperformed the US Mortgage industry which returned 48.6% over the past year.

Return vs Market: PROV exceeded the US Market which returned 35.9% over the past year.

Shareholder returns

7 Day-2.6%0.9%-0.5%
30 Day-3.7%-4.6%0.3%
90 Day3.7%-12.5%3.1%
1 Year43.6%38.2%53.0%48.6%38.0%35.9%
3 Year1.6%-7.9%24.8%15.3%62.9%52.7%
5 Year1.6%-13.1%64.3%39.8%121.7%97.3%

Long-Term Price Volatility Vs. Market

How volatile is Provident Financial Holdings's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is Provident Financial Holdings undervalued compared to its fair value and its price relative to the market?


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: PROV ($16.86) is trading above our estimate of fair value ($7.59)

Significantly Below Fair Value: PROV is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: PROV is poor value based on its PE Ratio (16.7x) compared to the US Mortgage industry average (12x).

PE vs Market: PROV is good value based on its PE Ratio (16.7x) compared to the US market (18x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PROV's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: PROV's PB Ratio (1x) is in line with the US Mortgage industry average.

Future Growth

How is Provident Financial Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?


Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if PROV's forecast earnings growth is above the savings rate (2%).

Earnings vs Market: Insufficient data to determine if PROV's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PROV's revenue (3.8% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: PROV's revenue (3.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PROV's Return on Equity is forecast to be low in 3 years time (5.5%).

Past Performance

How has Provident Financial Holdings performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PROV has high quality earnings.

Growing Profit Margin: PROV's current net profit margins (21%) are higher than last year (19.3%).

Past Earnings Growth Analysis

Earnings Trend: PROV's earnings have grown by 4.3% per year over the past 5 years.

Accelerating Growth: PROV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PROV had negative earnings growth (-1.7%) over the past year, making it difficult to compare to the Mortgage industry average (39.5%).

Return on Equity

High ROE: PROV's Return on Equity (5.9%) is considered low.

Financial Health

How is Provident Financial Holdings's financial position? (This company is analysed differently as a bank or financial institution)

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: PROV's Assets to Equity ratio (9.3x) is low.

Allowance for Bad Loans: PROV has a low allowance for bad loans (86%).

Low Risk Liabilities: 89% of PROV's liabilities are made up of primarily low risk sources of funding.

Loan Level: PROV has an appropriate level of Loans to Assets ratio (72%).

Low Risk Deposits: PROV's Loans to Deposits ratio (91%) is appropriate.

Level of Bad Loans: PROV has an appropriate level of bad loans (1.1%).


What is Provident Financial Holdings's current dividend yield, its reliability and sustainability?


Current Dividend Yield

Upcoming Dividend Payment

TodayJul 31 2021Ex Dividend DateAug 11 2021Dividend Pay DateSep 02 202122 days from Ex DividendBuy in the next 10 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: PROV's dividend (3.32%) is higher than the bottom 25% of dividend payers in the US market (1.31%).

High Dividend: PROV's dividend (3.32%) is low compared to the top 25% of dividend payers in the US market (3.54%).

Stability and Growth of Payments

Stable Dividend: PROV's dividends per share have been stable in the past 10 years.

Growing Dividend: PROV's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (55.4%), PROV's dividend payments are covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average board tenure


Craig Blunden (73 yo)





Mr. Craig G. Blunden has been Chief Executive Officer of Provident Savings Bank since 1991. Mr. Blunden has been the Chairman and Chief Executive Officer of Provident Financial Holdings, Inc. since its for...

CEO Compensation Analysis

Compensation vs Market: Craig's total compensation ($USD542.68K) is about average for companies of similar size in the US market ($USD548.02K).

Compensation vs Earnings: Craig's compensation has been consistent with company performance over the past year.

Board Members

Experienced Board: PROV's board of directors are seasoned and experienced ( 24.5 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Provident Financial Holdings, Inc.'s company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Provident Financial Holdings, Inc.
  • Ticker: PROV
  • Exchange: NasdaqGS
  • Founded: 1956
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$126.729m
  • Shares outstanding: 7.52m
  • Website:

Number of Employees


  • Provident Financial Holdings, Inc.
  • 3756 Central Avenue
  • Riverside
  • California
  • 92506
  • United States



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 E...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/31 05:41
End of Day Share Price2021/07/30 00:00
Annual Earnings2021/06/30

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.