Provident Bancorp Statistics

Total Valuation

PVBC has a market cap or net worth of $143.22 million. The enterprise value is $31.75 million.

Market Cap	143.22M
Enterprise Value	31.75M

Important Dates

The next estimated earnings date is Tuesday, May 7, 2024, after market close.

Earnings Date	May 7, 2024
Ex-Dividend Date	n/a

Share Statistics

PVBC has 17.66 million shares outstanding. The number of shares has increased by 0.68% in one year.

Shares Outstanding	17.66M
Shares Change (YoY)	+0.68%
Shares Change (QoQ)	+0.13%
Owned by Insiders (%)	13.26%
Owned by Institutions (%)	47.59%
Float	12.59M

Valuation Ratios

The trailing PE ratio is 12.29 and the forward PE ratio is 31.80.

PE Ratio	12.29
Forward PE	31.80
PS Ratio	2.17
Forward PS	2.34
PB Ratio	0.65
P/FCF Ratio	27.47
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 2.00, with an EV/FCF ratio of 6.09.

EV / Earnings	2.90
EV / Sales	0.48
EV / EBITDA	2.00
EV / EBIT	2.15
EV / FCF	6.09

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	0.49
Debt / EBITDA	6.86
Debt / FCF	20.88
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 5.10% and return on invested capital (ROIC) is 3.31%.

Return on Equity (ROE)	5.10%
Return on Assets (ROA)	0.60%
Return on Capital (ROIC)	3.31%
Revenue Per Employee	$350,585
Profits Per Employee	$58,266
Employee Count	188
Asset Turnover	0.04
Inventory Turnover	n/a

Taxes

In the past 12 months, PVBC has paid $3.82 million in taxes.

Income Tax	3.82M
Effective Tax Rate	25.87%

Stock Price Statistics

The stock price has increased by +12.95% in the last 52 weeks. The beta is 0.50, so PVBC's price volatility has been lower than the market average.

Beta (1Y)	0.50
52-Week Price Change	+12.95%
50-Day Moving Average	9.18
200-Day Moving Average	9.63
Relative Strength Index (RSI)	38.52
Average Volume (30 Days)	38,174

Short Selling Information

The latest short interest is 187,096, so 1.06% of the outstanding shares have been sold short.

Short Interest	187,096
Short Previous Month	196,764
Short % of Shares Out	1.06%
Short % of Float	1.49%
Short Ratio (days to cover)	5.44

Income Statement

In the last 12 months, PVBC had revenue of $65.91 million and earned $10.95 million in profits. Earnings per share was $0.66.

Revenue	65.91M
Gross Profit	65.91M
Operating Income	14.78M
Pretax Income	14.78M
Net Income	10.95M
EBITDA	15.87M
EBIT	14.78M
Earnings Per Share (EPS)	$0.66

Full Income Statement

Balance Sheet

The company has $220.33 million in cash and $108.87 million in debt, giving a net cash position of $111.46 million or $6.31 per share.

Cash & Cash Equivalents	220.33M
Total Debt	108.87M
Net Cash	111.46M
Net Cash Per Share	$6.31
Equity / Book Value	221.90M
Book Value Per Share	12.57
Working Capital	n/a

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $5.55 million and capital expenditures -$339,000, giving a free cash flow of $5.21 million.

Operating Cash Flow	5.55M
Capital Expenditures	-339,000
Free Cash Flow	5.21M
FCF Per Share	$0.31

Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 22.42% and 16.62%.

Gross Margin	100.00%
Operating Margin	22.42%
Pretax Margin	22.42%
Profit Margin	16.62%
EBITDA Margin	24.08%
EBIT Margin	22.42%
FCF Margin	7.91%

Dividends & Yields

PVBC does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-0.68%
Shareholder Yield	-0.68%
Earnings Yield	7.65%
FCF Yield	3.64%

Dividend Details

Analyst Forecast

Price Target	n/a
Price Target Difference	n/a
Analyst Consensus	n/a
Analyst Count	n/a
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock Splits

The last stock split was on October 17, 2019. It was a forward split with a ratio of 2021:1000.

Last Split Date	Oct 17, 2019
Split Type	Forward
Split Ratio	2021:1000

Scores

Altman Z-Score	n/a
Piotroski F-Score	4