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Provident Bancorp, Inc. (PVBC)
Key financial summary
Financials in USD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total net revenue | $m | 48 | 58 | 66 | 80 | 64 | 55 | 58 |
| Operating profit | $m | 9 | 17 | |||||
| Net profit | $m | 11 | 12 | 16 | -21 | 11 | 7 | 13 |
| EPS reported | $ | 0.43 | 0.75 | |||||
| Operating cashflow per share | $ | 0.71 | 0.68 | |||||
| Capex per share | $ | 0.02 | 0.02 | |||||
| FCF per share | $ | 0.69 | 0.66 | |||||
| Free cash flow | $m | 12 | 16 | |||||
| Net debt | $m | -125 | -140 | |||||
| Book value equity | $m | 231 | 241 | |||||
| Book value per share | $ | 13.77 | 14.19 | |||||
| Number of shares | m | 16.78 | 16.98 | |||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 26.51 | 18.00 | |||||
| P/B LTM | x | 0.83 | 1.00 | |||||
| P/S LTM | x | 3.45 | 4.10 | |||||
| P/FCF LTM | x | 16.54 | 15.00 | |||||
| EV/EBITDA LTM | x | 6.69 | 5.58 | |||||
| EV/Sales LTM | x | 0.74 | 1.71 | |||||
| Earnings Yield LTM | % | 3.77% | 5.56% | |||||
| FCF Yield | % | 6.04% | 6.67% | |||||
| Quality | ||||||||
| ROE | % | 3.15% | 3.23% | |||||
| ROIC | % | 2.56% | 2.96% | |||||
| Operating margin | % | 9.95% | 15.74% | |||||
| Gross margin | % | 57.59% | 66.17% | |||||
| FCF/Sales | % | 12.23% | 16.48% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | -34.85% | +132.49% | |||||
| Sales Growth YoY | % | -13.74% | +5.58% | |||||
| Net Income Growth YoY | % | -33.62% | +136.14% | |||||
| FCF Growth | % | +121.10% | +31.57% | |||||
| Operating Profit Growth | % | -36.52% | +145.02% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | 0.00% | 0.00% | |||||
| Payout Ratio | % | 0.00% | 0.00% | |||||
| FCF/Debt | x | 0.24 | 1.20 | |||||
| Net Debt/EBITDA | x | -11.55 | -10.26 | |||||
| EBIT/Net interest | x | 0.24 | 0.45 | |||||
| Net debt/market cap | % | -65.33% | -58.34% | |||||
| Net debt/Equity | x | -0.54 | -0.58 | |||||
| Gross debt/equity | x | 0.21 | 0.06 | |||||
Company overview
Provident Bancorp, Inc. serves as the bank holding company for The Provident Bank, delivering a wide array of financial products and services to both individual consumers and small businesses throughout the United States. Its deposit offerings encompass checking, term certificate, negotiable order of withdrawal (NOW), money market, and savings accounts, alongside certificates of deposit. The corporation additionally provides a diverse suite of lending options, including commercial real estate, multi-family residential real estate, commercial business, construction and land development, mortgage warehouse, one-to-four family residential, and consumer loans, as well as home equity loans and lines of credit. Beyond banking services, it also makes investments in securities and state and municipal bonds. As of December 31, 2021, Provident Bancorp operated from its main office and six branch locations across Amesbury and Newburyport, Massachusetts, and Bedford, Exeter, Portsmouth, and Seabrook, New Hampshire. Furthermore, it managed two loan production offices situated in Boston, Massachusetts, and Ponte Vedra, Florida. The company, established in 1828, maintains its corporate headquarters in Amesbury, Massachusetts.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Provident Bancorp, Inc. (PVBC)
Provident Bancorp, Inc. serves as the bank holding company for The Provident Bank, delivering a wide array of financial products and services to both individual consumers and small businesses throughout the United States. Its deposit offerings encompass checking, term certificate, negotiable order of withdrawal (NOW), money market, and savings accounts, alongside certificates of deposit. The corporation additionally provides a diverse suite of lending options, including commercial real estate, multi-family residential real estate, commercial business, construction and land development, mortgage warehouse, one-to-four family residential, and consumer loans, as well as home equity loans and lines of credit. Beyond banking services, it also makes investments in securities and state and municipal bonds. As of December 31, 2021, Provident Bancorp operated from its main office and six branch locations across Amesbury and Newburyport, Massachusetts, and Bedford, Exeter, Portsmouth, and Seabrook, New Hampshire. Furthermore, it managed two loan production offices situated in Boston, Massachusetts, and Ponte Vedra, Florida. The company, established in 1828, maintains its corporate headquarters in Amesbury, Massachusetts.
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