Provident Bancorp (PVBC) Projected to Post Quarterly Earnings on Thursday

Provident Bancorp (NASDAQ:PVBCGet Free Report) is projected to issue its quarterly earnings data before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.05 per share and revenue of $13,500.00 billion for the quarter.

Provident Bancorp Trading Up 0.6 %

PVBC stock opened at $10.94 on Wednesday. Provident Bancorp has a 12 month low of $7.36 and a 12 month high of $12.32. The firm’s 50-day moving average is $11.31 and its 200 day moving average is $10.90. The company has a market capitalization of $193.97 million, a PE ratio of 34.19 and a beta of 0.48. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.09 and a quick ratio of 1.09.

Analyst Upgrades and Downgrades

Separately, Stephens raised their target price on shares of Provident Bancorp from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 20th.

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Provident Bancorp Company Profile

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Provident Bancorp, Inc is a Maryland corporation that was formed in 2019 to be the successor corporation to Provident Bancorp, Inc, a Massachusetts corporation, and the holding company for The Provident Bank. The Provident Bank, a subsidiary of Provident Bancorp, Inc is an innovative, commercial bank that finds solutions for its business and private clients.

Further Reading

Earnings History for Provident Bancorp (NASDAQ:PVBC)

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