Provident Financial Holdings, Inc.
- Open
- 18.35
- Day high
- 18.74
- Day low
- 18.30
- Prev close
- 18.35
- Volume
- 15K
- Mkt cap
- $115M
- P/E (TTM)
- 17.8
- EPS (TTM)
- $1.03
- P/B
- 0.9
- P/S
- 1.9
- Yield
- 3.06%
- Per share
- $0.56
- ▼Insiders net selling -$81K over the last 3 months (0 open-market buys, 3 sales)
- 🏛Institutions reducing (13F)
Provident Financial Holdings, Inc. (PROV) is a Financial Services company listed on NASDAQ. The stock is up 18% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 3 sales (SEC Form 4).
Provident Financial Holdings, Inc. (PROV) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
PROV earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jul 30, 2026 | $0.29 | $0.35 | +20.7% | $11M | +5.9% |
| Apr 29, 2026 | $0.29 | $0.21 | -27.6% | $10M | -2.2% |
| Jan 27, 2026 | $0.30 | $0.22 | -26.7% | $10M | -2.6% |
| Oct 28, 2025 | $0.29 | $0.25 | -13.8% | $10M | -7.2% |
| Jan 28, 2025 | $0.29 | $0.13 | -55.2% | $10M | -4.2% |
| Jan 29, 2024 | $0.26 | $0.31 | +19.2% | $10M | -3.5% |
| Oct 25, 2023 | $0.28 | $0.25 | -10.7% | $10M | -2.9% |
| Jul 26, 2023 | $0.33 | $0.26 | -21.2% | $10M | -0.0% |
| Jan 27, 2023 | $0.34 | $0.33 | -2.9% | $10M | -0.6% |
| Jul 26, 2022 | $0.23 | $0.34 | +47.8% | $10M | +8.7% |
| Jan 26, 2022 | $0.22 | $0.30 | +36.4% | $9M | +3.8% |
| Jul 28, 2021 | $0.18 | $0.44 | +144.4% | $9M | +25.7% |
PROV insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Aug 13, 2026 | TERNES DONAVON Pofficer: President & CEO | Tax | 1,346 | $18.02 |
| Aug 13, 2026 | Van Stockum Michael Scottofficer: Senior Vice President | Tax | 272 | $18.02 |
| Aug 13, 2026 | Wertz Gwendolynofficer: Senior Vice President | Tax | 601 | $18.02 |
| Aug 13, 2026 | Sunarto Haryanto Leeofficer: Vice President | Tax | 357 | $18.02 |
| Aug 13, 2026 | Ritter Robert Scottofficer: Senior Vice President | Tax | 601 | $18.02 |
| Jul 31, 2026 | Webb Matthewdirector | Option | 7,000 | $12.09 |
| Jul 27, 2026 | Van Stockum Michael Scottofficer: Senior Vice President | Grant | 6,000 | — |
| Jun 10, 2026 | Weiant Davidofficer: Senior Vice President | Sell | 2,732 | $17.12 |
| Jun 9, 2026 | Weiant Davidofficer: Senior Vice President | Sell | 1,012 | $17.00 |
| Jun 5, 2026 | Weiant Davidofficer: Senior Vice President | Sell | 1,000 | $17.10 |
| Jun 2, 2026 | Weiant Davidofficer: Senior Vice President | Sell | 3,000 | $16.92 |
| Nov 13, 2025 | Wertz Gwendolynofficer: Senior Vice President | Sell | 4,800 | $15.64 |
| Jun 11, 2025 | Wertz Gwendolynofficer: Senior Vice President | Sell | 1,940 | $15.40 |
| May 23, 2025 | Fan Peter Chaiofficer: Senior Vice President - CFO | Grant | 12,000 | $15.03 |
| May 23, 2025 | Fan Peter Chaiofficer: Senior Vice President - CFO | Grant | 7,500 | — |
Source: PROV SEC Form 4 filings, latest Aug 13, 2026. For informational purposes only — not investment advice.
See the full PROV insider & 13F page →Provident Financial Holdings, Inc. company profile
Overview
Provident Financial Holdings, Inc. (NASDAQ:PROV) is a community banking company that operates through its wholly-owned subsidiary, Provident Savings Bank, F.S.B. Founded in 1956 and publicly traded since 1996, the company has established itself as a regional financial institution serving the Inland Empire region of Southern California. Based in Riverside, California, Provident operates 13 full-service banking offices across Riverside and San Bernardino counties, focusing on providing traditional banking services to consumers and small to mid-sized businesses in its local market area.
Business
Provident Financial Holdings operates in the regional banking industry, which involves collecting deposits from customers and lending those funds to borrowers at higher interest rates. The company generates revenue primarily through the net interest margin - the difference between what it pays depositors for their funds and what it charges borrowers for loans. The company's core banking services include traditional deposit products such as checking accounts, savings accounts, money market accounts, and certificates of deposit (CDs). These deposit accounts serve as the primary funding source for the bank's lending operations. On the lending side, Provident maintains a diversified loan portfolio consisting of single-family residential mortgages, multi-family properties, commercial real estate loans, construction loans, commercial business loans, and consumer loans. The bank's loan portfolio totals approximately $1.05 billion as of recent quarters. Beyond traditional banking, Provident offers investment services through partnerships that allow the sale of investment products including annuities and mutual funds to customers seeking wealth management solutions. The company also provides trustee services for real estate transactions, leveraging its expertise in the local real estate market. As a community bank, Provident focuses on relationship-based banking, emphasizing personal service and local market knowledge to compete against larger national banks and credit unions in its service area.
Revenue model
Provident Financial Holdings generates revenue primarily through net interest income, which is the spread between interest earned on loans and investments and interest paid on deposits and borrowed funds. The company's net interest margin has ranged between 2.74% and 3.02% in recent quarters, meaning for every dollar of interest-earning assets, the bank generates approximately 2.7 to 3.0 cents in net interest income annually. The bank's customers consist of individual consumers, families, and small to mid-sized businesses in the Inland Empire region of Southern California. Depositors provide the primary funding source by placing their money in various account types, while borrowers pay interest on loans for real estate purchases, business operations, and personal needs. The company also generates fee income from investment product sales, trustee services, and various banking service charges, though these represent a smaller portion of total revenue compared to net interest income. Several factors significantly impact Provident's profitability margins. Rising interest rates generally benefit the bank's net interest margin since many of its loans are adjustable-rate products that reprice upward faster than deposit costs increase. Conversely, an inverted yield curve (where short-term rates exceed long-term rates) pressures margins and reduces loan demand. Local economic conditions in the Inland Empire, particularly real estate market activity, directly affect loan origination volumes and credit quality. Competition from other banks, credit unions, and online lenders can compress loan pricing and force higher deposit rates. Additionally, regulatory compliance costs and the need to maintain adequate capital levels create ongoing expense pressures that can impact profitability margins.
Competitive moat
Provident Financial Holdings operates with a relatively narrow economic moat, typical of smaller community banks. The company's primary competitive advantages stem from its local market expertise and established relationships within the Inland Empire region of Southern California. Having operated in this market since 1956, Provident has developed deep knowledge of local real estate trends, business conditions, and customer needs that larger national banks may lack. This local presence allows for more personalized service and faster decision-making on loan applications. However, the banking industry faces significant competitive pressures that limit moat strength. The company competes against larger regional and national banks with greater resources, technology capabilities, and branch networks. Credit unions often offer more attractive deposit rates due to their tax-exempt status, while online banks can provide higher yields without the overhead of physical branches. Additionally, non-bank lenders and fintech companies increasingly compete for loan originations, particularly in residential mortgages. The regulatory environment also constrains competitive positioning, as banks must maintain specific capital ratios and comply with numerous regulations that create ongoing compliance costs. Provident's small size limits its ability to invest heavily in technology infrastructure or offer the sophisticated digital banking platforms that customers increasingly expect. The company's concentration in a single geographic region, while providing local market advantages, also creates vulnerability to regional economic downturns or natural disasters, as evidenced by management's monitoring of Southern California wildfire impacts on the loan portfolio.
Risks & safety
Provident Financial Holdings presents a moderate margin of safety profile with mixed indicators across key financial metrics. • Liquidity and Solvency: The company maintains strong cash positions with $50.9 million in cash and short-term investments as of Q3 2025. However, the debt-to-equity ratio of 1.67 reflects typical banking leverage where customer deposits constitute the majority of liabilities. No significant solvency concerns given regulatory capital adequacy. • Valuation Metrics: Trading at attractive valuation levels with P/E ratio of 13.1x and price-to-book ratio of 0.76x, suggesting the stock trades below tangible book value. EV/EBITDA of 19.3x appears reasonable for a profitable regional bank. • Profitability: Return on equity of 1.4% appears low but reflects recent quarterly performance. Net interest margin improvement to 3.02% demonstrates operational efficiency gains. • Credit Quality: Non-performing assets decreased to $1.4 million with allowance for credit losses at 62 basis points, indicating well-managed credit risk. • Capital Management: Company maintains dividend payments and active share buyback program, distributing significant portion of earnings to shareholders while maintaining adequate capital levels.
Recent development
Over the past few years, Provident Financial Holdings has undergone a strategic shift from conservative balance sheet management to a more growth-oriented approach. During 2023 and early 2024, management maintained tightened underwriting requirements and increased pricing across product lines due to economic uncertainty and an inverted yield curve environment. However, beginning in late 2024 and continuing through 2025, the company loosened some underwriting requirements and decreased pricing to encourage loan origination activity. A significant operational development has been the establishment of a government deposits desk, which allowed the bank to remix its liability profile and reduce reliance on more expensive wholesale funding sources like Federal Home Loan Bank advances. This strategic move helped improve the net interest margin from 2.74% in mid-2024 to 3.02% by Q3 2025. The company has also enhanced its focus on capital efficiency through an active share repurchase program and consistent dividend payments. Management has distributed between 88% to 119% of net income through dividends and stock buybacks over recent periods, reflecting confidence in the business model and commitment to returning capital to shareholders. Additionally, Provident has been monitoring and managing its exposure to commercial real estate, particularly office building loans, which represent approximately $41.5 million or 3.9% of the loan portfolio, demonstrating proactive risk management in a challenging commercial real estate environment.
PROV company profile · for informational purposes only — not investment advice.
Track PROV with Drillr
SEC filings, earnings calls, insider activity, alt-data signals — all queryable through Drillr's AI terminal and MCP API.
Try Drillr for free