Provident Bancorp Balance Sheet Health
Financial Health criteria checks 4/6
Provident Bancorp has total assets of $1.6B and total equity of $226.2M. Total deposits are $1.3B, and total loans are $1.4B earning a Net Interest Margin of 3.7%. It has insufficient allowance for bad loans, which are currently at 2.6% of total loans. Cash and short-term investments are $138.7M.
Key information
7.3x
Asset to equity ratio
3.7%
Net interest margin
| Total deposits | US$1.29b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 2.6% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | US$138.67m |
Recent financial health updates
Recent updates
Here's Why We Think Provident Bancorp (NASDAQ:PVBC) Might Deserve Your Attention Today
Oct 20
BankProv announces strategic integration with Republic
Aug 16Provident Bancorp goes ex-dividend tomorrow
Aug 10Provident Bancorp (NASDAQ:PVBC) Has Affirmed Its Dividend Of $0.04
Aug 02Provident Bancorp Q2 GAAP EPS, revenue up Y/Y
Jul 28Provident Bancorp's (NASDAQ:PVBC) Dividend Will Be US$0.04
May 03Here's Why I Think Provident Bancorp (NASDAQ:PVBC) Might Deserve Your Attention Today
Jun 07Provident Bancorp goes ex-dividend tomorrow
May 05With EPS Growth And More, Provident Bancorp (NASDAQ:PVBC) Is Interesting
Mar 03Provident Bancorp, Inc. (NASDAQ:PVBC) Passed Our Checks, And It's About To Pay A US$0.03 Dividend
Feb 05
Provident Bancorp, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Feb 01Should Provident Bancorp, Inc. (NASDAQ:PVBC) Be Part Of Your Dividend Portfolio?
Jan 27Did Provident Bancorp's (NASDAQ:PVBC) Share Price Deserve to Gain 79%?
Dec 21What Is The Ownership Structure Like For Provident Bancorp, Inc. (NASDAQ:PVBC)?
Nov 25Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: PVBC's Assets to Equity ratio (7.3x) is low.
Allowance for Bad Loans: PVBC has a low allowance for bad loans (59%).
Low Risk Liabilities: 91% of PVBC's liabilities are made up of primarily low risk sources of funding.
Loan Level: PVBC has an appropriate level of Loans to Assets ratio (84%).
Low Risk Deposits: PVBC's Loans to Deposits ratio (108%) is appropriate.
Level of Bad Loans: PVBC has a high level of bad loans (2.6%).
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 04:29 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Provident Bancorp, Inc. is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Kitsis | Piper Sandler Companies |
| null null | Stephens, Inc. |
| Matthew Breese | Stephens, Inc. |