Provident Bancorp Inc Financials
Provident Bancorp Inc (PVBC) reported $86.3M in revenue over the twelve months to Sep 30, 2025, down 4.0% from the prior twelve months. This page shows its 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).
Funding-cost pressure is the dominant mechanic: Provident Bancorp maintained revenue while its balance sheet contracted and earnings weakened.
Revenue was nearly unchanged from FY2023, yet interest expense rose from$32.1M to$39.0M . That cost shift coincided with net margin falling to8.1% from12.1% , indicating that earnings pressure came more from funding economics than from top-line demand.
The balance sheet is shrinking rather than expanding: total assets fell from
Cash conversion changed materially: operating cash flow was 1.6x net income in FY2024 versus 0.5x in FY2023. Free cash flow also rose from
Financial Health Signals
Scored against banks for FY2024. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Provident Bancorp Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Provident Bancorp Inc passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
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
Earnings & Revenue
Provident Bancorp Inc generated $89.5M in revenue in fiscal year 2024. This represents a decrease of 0.9% from the prior year.
Provident Bancorp Inc reported $7.3M in net income in fiscal year 2024. This represents a decrease of 33.6% from the prior year.
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.
Not reported for fiscal year 2024.
Cash & Balance Sheet
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.
Provident Bancorp Inc held $169.1M in cash against $9.6M in long-term debt as of fiscal year 2024.
Not reported for fiscal year 2024.
Margins & Returns
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.
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.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Capital Allocation
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.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
PVBC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.3M0.0% | $21.3M+3.5% | $20.6M-11.0% | $23.1M+3.1% | $22.4M+2.5% | $21.9M-0.7% | $22.0M-6.5% | $23.6M |
| SG&A Expenses | $7.7M+5.6% | $7.3M-3.1% | $7.6M+8.8% | $7.0M-4.2% | $7.3M-0.4% | $7.3M-10.5% | $8.1M+19.1% | $6.8M |
| Interest Expense | $8.1M+4.5% | $7.8M+0.9% | $7.7M-18.7% | $9.5M-5.4% | $10.0M+1.0% | $9.9M+3.9% | $9.5M-4.5% | $10.0M |
| Income Tax | $1.1M-13.3% | $1.2M+83.6% | $665K-56.8% | $1.5M+1065.9% | $132K+110.4% | -$1.3M-174.3% | $1.7M+60.1% | $1.1M |
| Net Income | $2.7M-5.5% | $2.8M+30.1% | $2.2M-55.6% | $4.9M+581.8% | $716K+121.6% | -$3.3M-166.4% | $5.0M+70.3% | $2.9M |
| EPS (Diluted) | $0.16-5.9% | $0.17+30.8% | $0.13-55.2% | $0.29+625.0% | $0.04+120.0% | -$0.20-166.7% | $0.30+66.7% | $0.18 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income.
PVBC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.5B-3.2% | $1.5B-0.8% | $1.6B-2.5% | $1.6B-3.3% | $1.6B+0.1% | $1.6B-0.7% | $1.7B-0.7% | $1.7B |
| Cash & Equivalents | $128.9M0.0% | $128.9M+3.1% | $125.0M-26.1% | $169.1M+22.0% | $138.7M-19.2% | $171.6M-10.1% | $190.9M-13.4% | $220.3M |
| Total Liabilities | $1.3B-4.1% | $1.3B-1.2% | $1.3B-3.1% | $1.4B-4.2% | $1.4B0.0% | $1.4B-0.6% | $1.4B-1.2% | $1.4B |
| Long-Term Debt | $4.5M-53.0% | $9.5M-0.4% | $9.5M-0.4% | $9.6M-0.4% | $9.6M-0.3% | $9.6M-0.3% | $9.7M-0.4% | $9.7M |
| Total Equity | $241.0M+1.5% | $237.4M+1.4% | $234.0M+1.3% | $231.1M+2.2% | $226.2M+0.8% | $224.3M-1.3% | $227.2M+2.4% | $221.9M |
| Retained Earnings | $121.2M+2.3% | $118.6M+2.4% | $115.7M+1.9% | $113.6M+4.5% | $108.7M+0.7% | $108.0M-3.0% | $111.3M+4.7% | $106.3M |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities.
PVBC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.9M+10.4% | $4.5M+113.4% | $2.1M-57.6% | $4.9M+55.8% | $3.2M-50.0% | $6.3M+349.5% | -$2.5M-145.5% | $5.6M |
| Capital Expenditures | $101K-63.7% | $278K+2427.3% | $11K-66.7% | $33K-74.2% | $128K+4.1% | $123K+43.0% | $86K+132.4% | $37K |
| Free Cash Flow | $4.8M+15.3% | $4.2M+101.2% | $2.1M-57.5% | $4.9M+61.2% | $3.0M-51.1% | $6.2M+336.6% | -$2.6M-147.4% | $5.5M |
| Investing Cash Flow | $47.7M+150.5% | $19.0M+498.3% | -$4.8M-105.6% | $85.1M+330.6% | -$36.9M-129.6% | -$16.1M-26.2% | -$12.7M-58.6% | -$8.0M |
| Financing Cash Flow | -$52.7M-168.9% | -$19.6M+52.8% | -$41.5M+30.4% | -$59.6M-7611.9% | $793K+108.4% | -$9.5M+33.2% | -$14.2M+90.1% | -$143.6M |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Share Buybacks.
PVBC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 12.5%-0.7pp | 13.3%+2.7pp | 10.5%-10.6pp | 21.1%+17.9pp | 3.2%+18.3pp | -15.1%-37.7pp | 22.6%+10.2pp | 12.4% |
| Return on Equity | 1.1%-0.1pp | 1.2%+0.3pp | 0.9%-1.2pp | 2.1%+1.8pp | 0.3%+1.8pp | -1.5%-3.7pp | 2.2%+0.9pp | 1.3% |
| Return on Assets | 0.2%0.0pp | 0.2%0.0pp | 0.1%-0.2pp | 0.3%+0.3pp | 0.0%+0.2pp | -0.2%-0.5pp | 0.3%+0.1pp | 0.2% |
| Debt-to-Equity | 0.020.0x | 0.040.0x | 0.040.0x | 0.040.0x | 0.040.0x | 0.040.0x | 0.040.0x | 0.04 |
| FCF Margin | 22.7%+3.0pp | 19.7%+9.6pp | 10.1%-11.1pp | 21.2%+7.6pp | 13.6%-14.8pp | 28.4%+40.3pp | -11.9%-35.4pp | 23.5% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
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Where Provident Bancorp Inc Ranks
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%.
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.
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 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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 35 out of 100 on our Financial Health Score, indicating weak standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.