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Provident Bancorp, Inc. (PVBC)

Stock Price: $8.68 USD 0.20 (2.36%)
Updated Oct 21, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 169.02M
Revenue (ttm) 44.98M
Net Income (ttm) 10.54M
Shares Out 19.47M
EPS (ttm) 0.60
PE Ratio 14.47
Forward PE 12.72
Dividend $0.12
Dividend Yield 1.38%

Stock Quote

Trading Day Oct 21, 2020
Last Price $8.68
Previous Close $8.48
Change ($) 0.20
Change (%) 2.36%
Day's Open 8.50
Day's Range 8.47 - 8.70
Day's Volume 58,470
52-Week Range 7.21 - 12.92

More Stats

Market Cap 169.02M
Enterprise Value 177.40M
Earnings Date (est) n/a
Ex-Dividend Date Jul 29, 2020
Shares Outstanding 19.47M
Float 6.97M
EPS (basic) 0.60
EPS (diluted) 0.60
FCF / Share 1.02
Dividend $0.12
Dividend Yield 1.38%
Earnings Yield 6.91%
FCF Yield 10.98%
Payout Ratio 5.00%
Shares Short 54,575
Short Ratio 1.04
Short % of Float 0.78%
Beta 0.89
PE Ratio 14.47
Forward PE 12.72
P/FCF Ratio 9.11
PS Ratio 3.76
PB Ratio 0.67
Revenue 44.98M
Operating Income 14.39M
Net Income 10.54M
Free Cash Flow 18.56M
Net Cash -8.38M
Net Cash / Share -0.43
Gross Margin 93.76%
Operating Margin 31.98%
Profit Margin 23.40%
FCF Margin 41.26%
ROA 0.86%
ROE 5.73%
ROIC 1.20%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (2)

Buy 0
Overweight 0
Hold 2
Underweight 0
Sell 0

Analyst Consensus: Hold

Price Target

$8.75*
(0.81% upside)
Low
8.50
Current: $8.68
High
9.00
Target: 8.75
*Average 12-month price target from 2 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013
Revenue42.1837.9839.0829.8426.2823.4422.98
Revenue Growth11.06%-2.83%30.97%13.55%12.13%1.98%-
Gross Profit42.1837.9839.0829.8426.2823.4422.98
Operating Income14.6212.5615.339.365.196.025.62
Net Income10.819.337.926.343.664.393.84
Shares Outstanding17.9618.6818.5918.5519.2019.20-
Earnings Per Share0.600.500.430.34---
EPS Growth20%17.65%24.63%----
Operating Cash Flow17.5116.759.488.616.827.652.51
Capital Expenditures-6.16-2.40-3.43-0.87-1.81-0.58-0.54
Free Cash Flow11.3514.366.057.745.017.071.97
Cash & Equivalents59.6628.6147.6910.7120.469.5615.36
Total Debt28.8868.0226.8449.8657.4239.2440.99
Net Cash / Debt30.78-39.4120.85-39.15-36.96-29.68-25.63
Assets1,122974902796743659625
Liabilities891848786686642583555
Book Value23112611610910175.7969.83
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Provident Bancorp, Inc.
Country United States
Employees 131
CEO David P. Mansfield

Stock Information

Ticker Symbol PVBC
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: PVBC
IPO Date July 16, 2015

Description

Provident Bancorp operates as a holding company for The Provident Bank that provides various financial services to individuals and small businesses in the United States. It offers checking, negotiable order of withdrawal, money market, and savings accounts, as well as certificates of deposit. The company also provides commercial real estate, multi-family residential real estate, commercial business, construction and land development, one- to four-family residential, and consumer loans, as well as home equity loans and lines of credit. As of December 31, 2018, it operated through its main office and seven branch offices located in Amesbury and Newburyport, Massachusetts; and Bedford, Exeter, Hampton, Portsmouth, and Seabrook, New Hampshire, as well as four loan production offices located in Boston and Dedham, Massachusetts, and Nashua and Portsmouth, New Hampshire. The company was founded in 1828 and is headquartered in Amesbury, Massachusetts.