Welcome to our dedicated page for Provident Finl Hldgs news (Ticker: PROV), a resource for investors and traders seeking the latest updates and insights on Provident Finl Hldgs stock.
Provident Financial Holdings Inc (NASDAQ: PROV) delivers community-focused banking and mortgage services across Southern California's Inland Empire. This news hub provides investors and stakeholders with essential updates about the company's financial performance, regulatory developments, and market initiatives.
Access timely press releases covering earnings reports, dividend announcements, and leadership changes alongside regulatory filings with the SEC. Our curated collection simplifies tracking PROV's strategic decisions in mortgage lending operations, commercial real estate financing, and community banking services.
Discover updates on key business areas including single-family residential loans, multi-family property financing, and deposit account innovations. The archive maintains complete records of material events affecting PROV's position as a regional banking leader since 1956.
Bookmark this page for streamlined access to PROV's financial communications. Verify critical information directly from source documents while monitoring the company's ongoing commitment to localized decision-making and customer-centric service models.
Provident Financial Holdings, Inc. (NASDAQ: PROV) reported a net income of $2.32 million for the third quarter of fiscal 2023, up 37% from $1.70 million year-over-year. The earnings per share were $0.33, consistent with the previous quarter. The company's net interest margin improved by 39 basis points to 3.00%, driven by higher yields on loans and a $1.86 million increase in net interest income. Loans held for investment rose 15% to $1.08 billion, while total deposits increased 3% to $983 million. Non-performing assets remained low at 0.07% of total assets. However, a 2% decrease in sequential earnings reflects a rise in non-interest expenses. Overall, the company maintains a strong financial foundation.
Provident Financial Holdings, Inc. (Nasdaq GS: PROV) announced its plan to release earnings for the third quarter of fiscal 2023 before the market opens on April 26, 2023. The company will provide insights during a conference call for institutional investors and bank analysts on April 27, 2023, at 9:00 a.m. (Pacific). Participants can join the call by dialing 1-877-692-8955 with access code 3665390. An audio replay will be available until May 4, 2023.