Provident Financial (PROV) Announces Quarterly Earnings Results

Provident Financial (NASDAQ:PROV) issued its quarterly earnings data on Monday. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.24, MarketWatch Earnings reports. Provident Financial had a net margin of 6.63% and a return on equity of 5.37%. The company had revenue of $13.91 million during the quarter, compared to the consensus estimate of $14.50 million.

Shares of NASDAQ:PROV opened at $17.26 on Wednesday. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.13 and a quick ratio of 1.02. Provident Financial has a 52-week low of $16.70 and a 52-week high of $19.78. The company has a market capitalization of $126.06 million, a price-to-earnings ratio of 24.66 and a beta of 0.03.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 6th. Shareholders of record on Thursday, November 15th will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 3.24%. The ex-dividend date of this dividend is Wednesday, November 14th. Provident Financial’s dividend payout ratio (DPR) is 80.00%.

Provident Financial Company Profile

Provident Financial Holdings, Inc operates as the holding company for Provident Savings Bank, F.S.B. that provides community and mortgage banking services to consumers and small to mid-sized businesses in the Inland Empire region of Southern California. It operates through two segments, Provident Bank and Provident Bank Mortgage.

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Earnings History for Provident Financial (NASDAQ:PROV)

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