Provident Bancorp, Inc. (PVBC)

Provident Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	82.19	83.18	79.47	77.25	63.87	59.39
Interest Income on Investments	5.24	6.28	10.83	2.07	0.93	1.01
Total Interest Income	87.43	89.46	90.3	79.33	64.8	60.4
Interest Paid on Deposits	32.36	36.68	30.59	3.58	3.09	5.2
Interest Paid on Borrowings	2.62	2.29	1.54	0.72	0.29	0.73
Total Interest Expense	34.98	38.97	32.13	4.3	3.37	5.93
Net Interest Income	52.45	50.49	58.17	75.03	61.43	54.47
Net Interest Income Growth (YoY)	1.08%	-13.20%	-22.47%	22.13%	12.78%	25.54%
Other Non-Interest Income	3.77	3.1	3.4	2.95	2.59	2.21
Total Non-Interest Income	6.64	5.91	7.06	6.15	4.47	3.54
Non-Interest Income Growth (YoY)	1.06%	-16.27%	14.83%	37.62%	26.11%	-13.82%
Revenues Before Loan Losses	59.1	56.4	65.23	81.18	65.9	58.02
Provision for Loan Losses	-0.26	1	-0.68	56.43	3.89	5.6
Revenue	59.36	55.4	65.91	24.75	62.01	52.42
Revenue Growth (YoY)	0.65%	-15.95%	166.29%	-60.09%	18.31%	24.29%
Salaries and Employee Benefits	28.22	28.75	30.48	30.44	27.37	22.33
Federal Deposit Insurance	1.28	1.31	1.51	1.02	0.48	0.42
Amortization of Goodwill & Intangibles	2.31	2.36	2.01	1.45	1.01	0.96
Selling, General & Administrative	8.88	9.49	10.78	11.08	8.29	6.94
Other Non-Interest Expense	4.52	4.12	6.35	8.01	2.76	4.66
Total Non-Interest Expense	45.21	46.02	51.13	52.01	39.92	35.31
EBT Excluding Unusual Items	14.15	9.38	14.78	-27.26	22.09	17.11
Other Unusual Items	-	-	-	-	-	-0.5
Pretax Income	14.15	9.38	14.78	-27.26	22.09	16.61
Income Tax Expense	3.56	2.11	3.82	-5.79	5.95	4.63
Net Income	10.59	7.27	10.95	-21.47	16.14	11.99
Net Income to Common	10.59	7.27	10.95	-21.47	16.14	11.99
Net Income Growth	49.96%	-33.62%	-	-	34.66%	10.89%
Basic Shares Outstanding	17	17	17	16	17	18
Diluted Shares Outstanding	17	17	17	16	17	18
Shares Change (YoY)	1.28%	1.13%	0.68%	-4.74%	-4.57%	0.36%
EPS (Basic)	0.63	0.43	0.66	-1.30	0.96	0.66
EPS (Diluted)	0.62	0.43	0.66	-1.30	0.93	0.66
EPS Growth	47.48%	-34.85%	-	-	40.91%	10.00%
Dividend Per Share	-	-	-	0.120	0.150	0.090
Dividend Growth	-	-	-	-20.00%	66.67%	-
Effective Tax Rate	25.14%	22.49%	25.87%	-	26.95%	27.84%

Updated May 8, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q