Provident Financial (NASDAQ:PROV) issued its quarterly earnings results on Tuesday. The financial services provider reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.11, Fidelity Earnings reports. Provident Financial had a net margin of 8.35% and a return on equity of 4.14%. The company had revenue of $10.69 million during the quarter, compared to the consensus estimate of $11.00 million.
Shares of NASDAQ:PROV traded up $0.24 during trading on Wednesday, hitting $20.80. 3,098 shares of the company were exchanged, compared to its average volume of 12,311. The stock has a market capitalization of $157.52 million, a PE ratio of 29.71 and a beta of 0.50. The company has a quick ratio of 1.06, a current ratio of 1.09 and a debt-to-equity ratio of 0.83. Provident Financial has a 12-month low of $14.67 and a 12-month high of $21.81. The company has a 50 day moving average of $20.99.
Several brokerages have recently weighed in on PROV. FIG Partners downgraded shares of Provident Financial from an “outperform” rating to a “market perform” rating in a research report on Tuesday, April 30th. ValuEngine upgraded shares of Provident Financial from a “hold” rating to a “buy” rating in a research report on Saturday, May 4th.
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.
Featured Story: Preferred Stock
Receive News & Ratings for Provident Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Provident Financial and related companies with MarketBeat.com's FREE daily email newsletter.