Provident Bancorp Inc Financials

PVBC

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Provident Bancorp Inc (PVBC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 51/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Provident Bancorp Inc's revenue declined 0.9% year-over-year, from $90.3M to $89.5M. This contraction results in a growth score of 26/100.

Leverage

100

Provident Bancorp Inc carries a low D/E ratio of 0.04, meaning only $0.04 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow

Provident Bancorp Inc has a free cash flow margin of 12.9%, earning a moderate score of 64/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Provident Bancorp Inc generates a 3.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 13/100. This is down from 4.9% the prior year.

Piotroski F-Score Neutral

4/9

Provident Bancorp Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.64x

For every $1 of reported earnings, Provident Bancorp Inc generates $1.64 in operating cash flow ($11.9M OCF vs $7.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Revenue

$89.5M

YoY-0.9%

5Y CAGR+11.7%

Provident Bancorp Inc generated $89.5M in revenue in fiscal year 2024. This represents a decrease of 0.9% from the prior year.

EBITDA

N/A

Free Cash Flow

$11.5M

YoY+121.1%

5Y CAGR+0.5%

Provident Bancorp Inc generated $11.5M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 121.1% from the prior year.

Net Income

$7.3M

YoY-33.6%

5Y CAGR-7.6%

Provident Bancorp Inc reported $7.3M in net income in fiscal year 2024. This represents a decrease of 33.6% from the prior year.

EPS (Diluted)

$0.43

YoY-34.8%

5Y CAGR-6.4%

Provident Bancorp Inc earned $0.43 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 34.8% from the prior year.

Cash & Debt

$169.1M

YoY-23.2%

5Y CAGR+23.2%

Provident Bancorp Inc held $169.1M in cash against $9.6M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

18M

YoY+0.6%

5Y CAGR-1.8%

Provident Bancorp Inc had 18M shares outstanding in fiscal year 2024. This represents an increase of 0.6% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

8.1%

YoY-4.0pp

5Y CAGR-12.8pp

Provident Bancorp Inc's net profit margin was 8.1% in fiscal year 2024, showing the share of revenue converted to profit. This is down 4.0 percentage points from the prior year.

Return on Equity

3.1%

YoY-1.8pp

5Y CAGR-1.5pp

Provident Bancorp Inc's ROE was 3.1% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1.8 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$370K

YoY+9.1%

5Y CAGR-43.2%

Provident Bancorp Inc invested $370K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 9.1% from the prior year.

PVBC Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$89.5M-0.9%	$90.3M+13.8%	$79.3M+22.4%	$64.8M+7.3%	$60.4M+17.2%	$51.5M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$39.0M+21.3%	$32.1M+647.6%	$4.3M+27.5%	$3.4M-43.2%	$5.9M-27.2%	$8.1M
Income Tax	$2.1M-44.8%	$3.8M+166.0%	-$5.8M-197.2%	$6.0M+28.7%	$4.6M+21.4%	$3.8M
Net Income	$7.3M-33.6%	$11.0M+151.0%	-$21.5M-233.3%	$16.1M+33.1%	$12.1M+12.0%	$10.8M
EPS (Diluted)	$0.43-34.8%	$0.66+150.8%	$-1.30-239.8%	$0.93+40.9%	$0.66+10.0%	$0.60

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$21.3M0.0%	$21.3M+3.5%	$20.6M-11.0%	$23.1M+5.7%	$21.9M-0.7%	$22.0M-6.5%	$23.6M+1.5%	$23.2M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$8.1M+4.5%	$7.8M+0.9%	$7.7M-18.7%	$9.5M-4.4%	$9.9M+3.9%	$9.5M-4.5%	$10.0M+7.1%	$9.3M
Income Tax	$1.1M-13.3%	$1.2M+83.6%	$665K-56.8%	$1.5M+221.4%	-$1.3M-174.3%	$1.7M+60.1%	$1.1M+69.7%	$628K
Net Income	$2.7M-5.5%	$2.8M+30.1%	$2.2M-55.6%	$4.9M+247.6%	-$3.3M-166.4%	$5.0M+70.3%	$2.9M+18.6%	$2.5M
EPS (Diluted)	$0.16-5.9%	$0.17+30.8%	$0.13-55.2%	$0.29+245.0%	$-0.20-166.7%	$0.30+76.5%	$0.17+13.3%	$0.15

PVBC Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$1.6B-4.6%	$1.7B+2.1%	$1.6B-5.4%	$1.7B+14.8%	$1.5B+34.2%	$1.1B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$169.1M-23.2%	$220.3M+173.3%	$80.6M-47.3%	$153.1M+82.7%	$83.8M+40.5%	$59.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.4B-6.0%	$1.4B+1.4%	$1.4B-4.5%	$1.5B+17.8%	$1.3B+42.6%	$890.9M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$9.6M-1.4%	$9.7M-47.1%	$18.3M+35.8%	$13.5M0.0%	$13.5M-46.0%	$25.0M
Total Equity	$231.1M+4.1%	$221.9M+6.9%	$207.5M-11.2%	$233.8M-0.9%	$235.9M+2.1%	$230.9M
Retained Earnings	$113.6M+6.8%	$106.3M+12.3%	$94.6M-19.9%	$118.1M+13.0%	$104.5M+11.0%	$94.2M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$1.5B-3.2%	$1.5B-0.8%	$1.6B-2.5%	$1.6B-3.3%	$1.6B-0.7%	$1.7B-0.7%	$1.7B-7.6%	$1.8B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$128.9M0.0%	$128.9M+3.1%	$125.0M-26.1%	$169.1M-1.4%	$171.6M-10.1%	$190.9M-13.4%	$220.3M-39.9%	$366.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.3B-4.1%	$1.3B-1.2%	$1.3B-3.1%	$1.4B-4.2%	$1.4B-0.6%	$1.4B-1.2%	$1.4B-9.0%	$1.6B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$4.5M-53.0%	$9.5M-0.4%	$9.5M-0.4%	$9.6M-0.7%	$9.6M-0.3%	$9.7M-0.4%	$9.7M-0.3%	$9.7M
Total Equity	$241.0M+1.5%	$237.4M+1.4%	$234.0M+1.3%	$231.1M+3.0%	$224.3M-1.3%	$227.2M+2.4%	$221.9M+2.0%	$217.6M
Retained Earnings	$121.2M+2.3%	$118.6M+2.4%	$115.7M+1.9%	$113.6M+5.2%	$108.0M-3.0%	$111.3M+4.7%	$106.3M+2.8%	$103.4M

PVBC Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$11.9M+114.3%	$5.6M-74.7%	$21.9M-9.9%	$24.3M+33.7%	$18.2M+3.8%	$17.5M
Capital Expenditures	$370K+9.1%	$339K+29.4%	$262K-36.4%	$412K-54.8%	$911K-85.4%	$6.2M
Free Cash Flow	$11.5M+121.1%	$5.2M-75.9%	$21.6M-9.4%	$23.9M+38.4%	$17.3M+53.3%	$11.3M
Investing Cash Flow	$19.4M-81.5%	$104.7M+568.9%	-$22.3M+85.7%	-$155.7M+56.8%	-$360.5M-209.0%	-$116.6M
Financing Cash Flow	-$82.5M-380.3%	$29.4M+140.8%	-$72.1M-135.9%	$200.7M-45.2%	$366.4M+181.5%	$130.2M
Dividends Paid	$0	N/A	$2.0M-22.3%	$2.6M+56.5%	$1.6M	N/A
Share Buybacks	N/A	N/A	$2.9M-84.4%	$18.3M+134.5%	$7.8M	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$4.9M+10.4%	$4.5M+113.4%	$2.1M-57.6%	$4.9M-22.1%	$6.3M+349.5%	-$2.5M-145.5%	$5.6M+244.6%	-$3.9M
Capital Expenditures	$101K-63.7%	$278K+2427.3%	$11K-66.7%	$33K-73.2%	$123K+43.0%	$86K+132.4%	$37K+68.2%	$22K
Free Cash Flow	$4.8M+15.3%	$4.2M+101.2%	$2.1M-57.5%	$4.9M-21.1%	$6.2M+336.6%	-$2.6M-147.4%	$5.5M+242.8%	-$3.9M
Investing Cash Flow	$47.7M+150.5%	$19.0M+498.3%	-$4.8M-105.6%	$85.1M+629.4%	-$16.1M-26.2%	-$12.7M-58.6%	-$8.0M-138.7%	$20.8M
Financing Cash Flow	-$52.7M-168.9%	-$19.6M+52.8%	-$41.5M+30.4%	-$59.6M-527.6%	-$9.5M+33.2%	-$14.2M+90.1%	-$143.6M-378.2%	$51.6M
Dividends Paid	$0	$0	$0	$0	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

PVBC Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	8.1%-4.0pp	12.1%+39.2pp	-27.1%-51.9pp	24.8%+4.8pp	20.0%-0.9pp	21.0%
Return on Equity	3.1%-1.8pp	4.9%	N/A	6.9%+1.8pp	5.1%+0.4pp	4.7%
Return on Assets	0.5%-0.2pp	0.7%+2.0pp	-1.3%-2.2pp	0.9%+0.1pp	0.8%-0.2pp	1.0%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.040.0	0.04-0.0	0.09+0.0	0.060.0	0.06-0.1	0.11
FCF Margin	12.9%+7.1pp	5.8%-21.5pp	27.3%-9.6pp	36.9%+8.3pp	28.6%+6.7pp	21.9%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	12.5%-0.7pp	13.3%+2.7pp	10.5%-10.6pp	21.1%+36.2pp	-15.1%-37.7pp	22.6%+10.2pp	12.4%+1.8pp	10.6%
Return on Equity	1.1%-0.1pp	1.2%+0.3pp	0.9%-1.2pp	2.1%	N/A	2.2%+0.9pp	1.3%+0.2pp	1.1%
Return on Assets	0.2%0.0pp	0.2%+0.0pp	0.1%-0.2pp	0.3%+0.5pp	-0.2%-0.5pp	0.3%+0.1pp	0.2%+0.0pp	0.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.02-0.0	0.040.0	0.040.0	0.040.0	0.040.0	0.040.0	0.040.0	0.04
FCF Margin	22.7%+3.0pp	19.7%+9.6pp	10.1%-11.1pp	21.2%-7.2pp	28.4%+40.3pp	-11.9%-35.4pp	23.5%+40.2pp	-16.7%

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Frequently Asked Questions

What is Provident Bancorp Inc's annual revenue?

Provident Bancorp Inc (PVBC) reported $89.5M in total revenue for fiscal year 2024. This represents a -0.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Provident Bancorp Inc's revenue growing?

Provident Bancorp Inc (PVBC) revenue declined by 0.9% year-over-year, from $90.3M to $89.5M in fiscal year 2024.

Is Provident Bancorp Inc profitable?

Yes, Provident Bancorp Inc (PVBC) reported a net income of $7.3M in fiscal year 2024, with a net profit margin of 8.1%.

What is Provident Bancorp Inc's earnings per share (EPS)?

Provident Bancorp Inc (PVBC) reported diluted earnings per share of $0.43 for fiscal year 2024. This represents a -34.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

How much debt does Provident Bancorp Inc have?

As of fiscal year 2024, Provident Bancorp Inc (PVBC) had $169.1M in cash and equivalents against $9.6M in long-term debt.

What is Provident Bancorp Inc's net profit margin?

Provident Bancorp Inc (PVBC) had a net profit margin of 8.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Provident Bancorp Inc's return on equity (ROE)?

Provident Bancorp Inc (PVBC) has a return on equity of 3.1% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Provident Bancorp Inc's free cash flow?

Provident Bancorp Inc (PVBC) generated $11.5M in free cash flow during fiscal year 2024. This represents a 121.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Provident Bancorp Inc's operating cash flow?

Provident Bancorp Inc (PVBC) generated $11.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Provident Bancorp Inc's total assets?

Provident Bancorp Inc (PVBC) had $1.6B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Provident Bancorp Inc's capital expenditures?

Provident Bancorp Inc (PVBC) invested $370K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does Provident Bancorp Inc have outstanding?

Provident Bancorp Inc (PVBC) had 18M shares outstanding as of fiscal year 2024.

What is Provident Bancorp Inc's debt-to-equity ratio?

Provident Bancorp Inc (PVBC) had a debt-to-equity ratio of 0.04 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Provident Bancorp Inc's return on assets (ROA)?

Provident Bancorp Inc (PVBC) had a return on assets of 0.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Provident Bancorp Inc's Piotroski F-Score?

Provident Bancorp Inc (PVBC) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Provident Bancorp Inc's earnings high quality?

Provident Bancorp Inc (PVBC) has an earnings quality ratio of 1.64x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Provident Bancorp Inc?

Provident Bancorp Inc (PVBC) scores 51 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.