Provident Bancorp, Inc.

NasdaqCM:PVBC Stock Report

Market Cap: US$156.4m

Provident Bancorp Management

Management criteria checks 4/4

Provident Bancorp's CEO is Joe Reilly, appointed in Feb 2024, has a tenure of less than a year. total yearly compensation is $646.54K, comprised of 70.3% salary and 29.7% bonuses, including company stock and options. directly owns 0.44% of the company’s shares, worth $680.63K. The average tenure of the management team and the board of directors is 2 years and 7.7 years respectively.

Key information

Joe Reilly

Chief executive officer

US$646.5k

Total compensation

CEO salary percentage70.3%
CEO tenureless than a year
CEO ownership0.4%
Management average tenure2yrs
Board average tenure7.7yrs

Recent management updates

Recent updates

Here's Why We Think Provident Bancorp (NASDAQ:PVBC) Might Deserve Your Attention Today

Oct 20
Here's Why We Think Provident Bancorp (NASDAQ:PVBC) Might Deserve Your Attention Today

BankProv announces strategic integration with Republic

Aug 16

Provident Bancorp goes ex-dividend tomorrow

Aug 10

Provident Bancorp (NASDAQ:PVBC) Has Affirmed Its Dividend Of $0.04

Aug 02
Provident Bancorp (NASDAQ:PVBC) Has Affirmed Its Dividend Of $0.04

Provident Bancorp Q2 GAAP EPS, revenue up Y/Y

Jul 28

Provident Bancorp's (NASDAQ:PVBC) Dividend Will Be US$0.04

May 03
Provident Bancorp's (NASDAQ:PVBC) Dividend Will Be US$0.04

Here's Why I Think Provident Bancorp (NASDAQ:PVBC) Might Deserve Your Attention Today

Jun 07
Here's Why I Think Provident Bancorp (NASDAQ:PVBC) Might Deserve Your Attention Today

Provident Bancorp goes ex-dividend tomorrow

May 05

With EPS Growth And More, Provident Bancorp (NASDAQ:PVBC) Is Interesting

Mar 03
With EPS Growth And More, Provident Bancorp (NASDAQ:PVBC) Is Interesting

Provident Bancorp, Inc. (NASDAQ:PVBC) Passed Our Checks, And It's About To Pay A US$0.03 Dividend

Feb 05
Provident Bancorp, Inc. (NASDAQ:PVBC) Passed Our Checks, And It's About To Pay A US$0.03 Dividend

Provident Bancorp, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Feb 01
Provident Bancorp, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Should Provident Bancorp, Inc. (NASDAQ:PVBC) Be Part Of Your Dividend Portfolio?

Jan 27
Should Provident Bancorp, Inc. (NASDAQ:PVBC) Be Part Of Your Dividend Portfolio?

Did Provident Bancorp's (NASDAQ:PVBC) Share Price Deserve to Gain 79%?

Dec 21
Did Provident Bancorp's (NASDAQ:PVBC) Share Price Deserve to Gain 79%?

What Is The Ownership Structure Like For Provident Bancorp, Inc. (NASDAQ:PVBC)?

Nov 25
What Is The Ownership Structure Like For Provident Bancorp, Inc. (NASDAQ:PVBC)?

CEO Compensation Analysis

How has Joe Reilly's remuneration changed compared to Provident Bancorp's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

US$14m

Dec 31 2023US$647kUS$455k

US$11m

Sep 30 2023n/an/a

US$11m

Jun 30 2023n/an/a

-US$27m

Mar 31 2023n/an/a

-US$25m

Dec 31 2022US$50kn/a

-US$21m

Sep 30 2022n/an/a

-US$21m

Jun 30 2022n/an/a

US$20m

Mar 31 2022n/an/a

US$17m

Dec 31 2021US$50kn/a

US$16m

Sep 30 2021n/an/a

US$17m

Jun 30 2021n/an/a

US$15m

Mar 31 2021n/an/a

US$15m

Dec 31 2020US$242kn/a

US$12m

Sep 30 2020n/an/a

US$10m

Jun 30 2020n/an/a

US$11m

Mar 31 2020n/an/a

US$10m

Dec 31 2019US$39kn/a

US$11m

Sep 30 2019n/an/a

US$11m

Jun 30 2019n/an/a

US$10m

Mar 31 2019n/an/a

US$10m

Dec 31 2018US$261kn/a

US$9m

Compensation vs Market: Joe's total compensation ($USD646.54K) is below average for companies of similar size in the US market ($USD1.58M).

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


CEO

Joe Reilly (66 yo)

less than a year

Tenure

US$646,538

Compensation

Mr. Joseph B. Reilly, also known as Joe, is President, CEO & Director of Provident Bancorp, Inc. from February 09, 2024. He was Co-CEO, Co-President & Director of Provident Bancorp, Inc. until February 09,...


Leadership Team

NamePositionTenureCompensationOwnership
Joseph Reilly
Presidentless than a yearUS$646.54k0.44%
$ 680.6k
Joseph Mancini
Executive VP & COO3.1yrsUS$631.47k0.13%
$ 204.8k
Kenneth Fisher
Executive VP & CFOless than a yearno datano data
Kathleen Barrett
VP & Director of Marketingno datano datano data
Anne Lapointe
Executive VP & Chief of Staff of Provident Bank8.4yrsno datano data
Kevin Barton
Senior Vice President of Provident Bank3.3yrsno datano data
Joseph Kenney
Executive VP & CLO of The Provident Bankno datano datano data
Janine Jakubauskas
Executive VP & Chief Risk Officer of BankProv2yrsno datano data
Jean Kim
Senior Vice President of Sponsor Finance1.9yrsno datano data
Kimberly Scholtz
Corporate Secretaryno datano datano data
Denise Gallant
Vice President of Loan Operations at The Provident Bankno datano datano data

2.0yrs

Average Tenure

46yo

Average Age

Experienced Management: PVBC's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Joseph Reilly
Presidentno dataUS$646.54k0.44%
$ 680.6k
Dennis Pollack
Directorless than a yearno data0.087%
$ 136.0k
Frank Cousins
Independent Director21.3yrsUS$49.50k0.18%
$ 287.1k
Laurie Knapp
Independent Board Chair26.3yrsUS$77.75k0.33%
$ 519.7k
Lisa DeStefano
Independent Director8yrsUS$43.75k0.16%
$ 254.4k
Julienne Cassarino
Directorless than a yearno data0.067%
$ 104.7k
Arthur Sullivan
Independent Director8yrsUS$43.25k0.60%
$ 941.5k
James DeLeo
Independent Director7.7yrsUS$49.25k0.13%
$ 199.5k
Barbara Piette
Independent Director4.4yrsUS$54.50k0.12%
$ 194.5k
Kathleen Curran
Independent Director2.3yrsUS$51.50k0.094%
$ 146.7k

7.7yrs

Average Tenure

64yo

Average Age

Experienced Board: PVBC's board of directors are considered experienced (7.7 years average tenure).


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