Welcome to our dedicated page for Provident Finl Hldgs news (Ticker: PROV), a resource for investors and traders seeking the latest updates and insights on Provident Finl Hldgs stock.
Provident Financial Holdings, Inc. (NASDAQ: PROV) is the holding company for Provident Savings Bank, F.S.B., a community bank serving consumers and small to mid-sized businesses in the Inland Empire region of Southern California. This news page aggregates company-issued updates and regulatory disclosures so readers can follow how the bank’s community banking model, loan portfolio, and funding mix evolve over time.
News items for Provident Financial Holdings frequently include quarterly and annual earnings releases, where the company discusses net income, net interest margin, loan and deposit balances, credit loss provisions or recoveries, and asset quality metrics such as non-performing assets and classified assets. These releases provide detail on interest income from loans, investment securities, and interest-earning deposits, as well as interest expense on deposits and borrowings.
Investors can also expect dividend announcements describing the company’s quarterly cash dividend on common stock, along with related Form 8-K filings. In addition, Provident periodically issues news about corporate governance and management changes, such as the appointment of a Senior Vice President, Chief Financial Officer, and Corporate Secretary, and commentary from the President and Chief Executive Officer on operating conditions, credit quality, and balance sheet trends.
Other updates include notices of earnings conference calls for institutional investors and bank analysts, with details on timing and access information. Together, these items offer a view into Provident’s performance as a publicly traded community bank, its approach to credit risk and funding, and its long-standing focus on serving local customers and communities. Readers who monitor PROV news can track how management responds to economic conditions, interest rate movements, and regional developments in its California markets.
Provident Financial Holdings (NASDAQ:PROV), the holding company for Provident Savings Bank, F.S.B., has scheduled its fourth quarter and fiscal year 2025 earnings release and conference call. The company will release its earnings report before market open on Monday, July 28, 2025.
A conference call for institutional investors and bank analysts will be held on Tuesday, July 29, 2025, at 9:00 a.m. (Pacific). Participants can join by dialing 1-800-715-9871 with Conference ID 7361828. An audio replay will be available until August 5, 2025, accessible by dialing 1-800-770-2030 using the same Conference ID.
Provident Financial Holdings (NASDAQ: PROV) has appointed Peter C. Fan as Senior Vice President, Chief Financial Officer, and Corporate Secretary, effective May 12, 2025. Fan joins from Royal Business Bank, where he served as SVP - Director of Finance and Treasury, and previously held a senior finance position at Pacific Western Bank. He brings extensive experience in strategic corporate initiatives, liquidity planning, and asset-liability management.
Fan holds an MBA from UCLA and a BS in Accounting from USC, along with an inactive CPA license in California. Provident, with over $1.3 billion in total assets and 13 retail banking centers, is the largest independent community bank headquartered in Riverside County, California, focusing on deposits and various lending services since 1956.
Provident Financial Holdings (NASDAQ: PROV) reported strong financial results for Q3 FY2025, with net income reaching $1.86 million ($0.28 per diluted share), up 113% from the previous quarter and 24% year-over-year. The company's performance was driven by a $653,000 increase in net interest income and a $391,000 recovery of credit losses.
Key metrics include:
- Net interest margin improved to 3.02%, up 11 basis points sequentially
- Loans held for investment reached $1.06 billion, up 1% from June 2024
- Total deposits grew to $901.3 million, a 2% increase from June 2024
- Non-performing assets ratio decreased to 0.11% from 0.20%
The company maintained its quarterly cash dividend and remained active in its stock repurchase plan. However, for the nine months ended March 31, 2025, net income decreased 14% to $4.63 million compared to the same period in fiscal 2024.
Provident Financial Holdings (NASDAQ: PROV) has announced a quarterly cash dividend of $0.14 per share. The dividend will be distributed to shareholders of record as of the close of business on May 15, 2025, with the payment scheduled for June 5, 2025.
Provident Financial Holdings (Nasdaq: PROV) has scheduled its third quarter fiscal 2025 earnings release and conference call. The company will announce earnings before market open on Monday, April 28, 2025, followed by a conference call for institutional investors and bank analysts on Tuesday, April 29, 2025 at 9:00 a.m. Pacific time.
The conference call will be accessible by dialing 1-800-715-9871 with Conference ID 7361828. An audio replay will be available through May 6, 2025, by calling 1-800-770-2030 using the same Conference ID.
Provident Financial Holdings (NASDAQ: PROV), parent company of Provident Bank, announced its Community Partnership Program has contributed over $931,000 to local non-profits since 2006. In 2024, the bank donated more than $39,000 to various organizations in Riverside and San Bernardino Counties.
The Program enables non-profit organizations to receive annual donations by linking their unique ID number to Provident Bank customer accounts. Organizations can increase their earnings as more members link their accounts. Provident Bank, with approximately $1.3 billion in total assets, is the largest independent community bank headquartered in Riverside County, California.
Provident Financial Holdings (NASDAQ: PROV) reported net income of $872,000 ($0.13 per diluted share) for Q2 FY2025, showing a significant decline of 59% from $2.14 million ($0.31 per diluted share) year-over-year. The decrease was primarily due to a $586,000 provision for credit losses and increased non-interest expenses.
Key financial metrics include: net interest margin of 2.91% (up 13 basis points YoY), loans held for investment at $1.05 billion (unchanged from June 2024), and total deposits of $867.5 million (down 2% from June 2024). The company maintained strong credit quality with a non-performing assets ratio of 0.20%.
The company remains active in its stock repurchase plan, with 63,556 shares repurchased at an average cost of $16.04 during Q2 FY2025.
Provident Financial Holdings (NASDAQ: PROV) has announced a quarterly cash dividend of $0.14 per share. The dividend will be distributed to shareholders who own the company's common stock at the close of business on February 13, 2025. Payment is scheduled for March 6, 2025. The announcement comes from the holding company of Provident Savings Bank, F.S.B.
Provident Financial Holdings (NASDAQ: PROV) has announced a new stock repurchase program authorized by its Board of Directors. The plan allows for the repurchase of up to 5% of the company's common stock, approximately 334,773 shares, starting January 24, 2025.
The repurchase program will be executed over a one-year period through open market or privately negotiated transactions. The timing and amount of purchases will depend on market conditions, capital requirements, and available cash. The company also announced the cancellation of its September 2023 stock repurchase program, which had 21,691 remaining eligible shares, effective January 24, 2025.
Provident Financial Holdings (Nasdaq GS: PROV) has announced it will release its second quarter fiscal 2025 earnings before the market opens on Tuesday, January 28, 2025. The company will host a conference call for institutional investors and bank analysts at 9:00 a.m. (Pacific) on the same day.
Interested parties can access the conference call by dialing 1-800-715-9871 with Conference ID 7361828. An audio replay will be available through Tuesday, February 4, 2025, accessible by dialing 1-800-770-2030 with the same Conference ID.