Education
About Us
Working with TipRanks
Follow Us
Provident Financial Holdings, Inc (PROV)
NASDAQ:PROV
Earnings Data
Report Date
May 04, 2026Before Open (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.37Last Year’s EPS
0.28Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted several positive operational and financial trends — stronger loan originations, improved asset quality, slightly higher net interest margin, lower funding costs, and solid capital positions with ongoing shareholder returns. These positives were partially offset by elevated loan payoffs that reduced quarter-end loan balances and pressured NIM through accelerated deferred cost amortization, a modest rise in operating expenses (including a settlement), and some uncertainty around loan repricing in June 2026 that could affect growth. On balance, the company appears fundamentally stable with opportunities for margin improvement, but near-term growth is subject to payoff and repricing dynamics.Company Guidance
Strong Increase in Loan Originations
Originations of loans held for investment were $42.1M in the quarter, a 42% increase from $29.6M in the prior sequential quarter, and loan pipelines are moderately higher suggesting March 2026 originations within the recent range of $28M–$42M.
Improved Credit Metrics and Asset Quality
Nonperforming assets declined to $990K (0.08% of total assets) from $1.9M the prior quarter; no loans in early delinquency; recorded a $158K recovery of credit losses; allowance for credit losses was 55 bps of gross loans (down slightly from 56 bps).
Net Interest Margin and Funding Cost Improvement
Net interest margin increased by 3 basis points to 3.03%; average cost of deposits decreased to 1.32% (down 2 bps) and cost of borrowing decreased 20 bps to 4.39%, supporting potential margin expansion.
New Loans Priced Above Existing Portfolio
Weighted average rate of loans originated in the quarter was 6.15% versus a 5.22% weighted average for loans held for investment, indicating new production is earning higher yields than the existing portfolio.
Funding Repricing Opportunity
Approximately $109M of wholesale funding maturing in March 2026 (weighted avg rate 4.12%) and $79.5M maturing in June 2026 (4.15%) present an opportunity to reprice funding lower given current market rates, suggesting potential NIM expansion in March 2026.
Capital Strength and Shareholder Returns
The company remains well-capitalized by a significant margin, maintained its cash dividend, repurchased approximately $1.5M of common stock in the fiscal second quarter (and $96K in the December quarter), and distributed $906K of cash dividends in the quarter.
Lean Staffing and Efficiency Focus
FTE count was 163 (vs 162 a year ago) and management continues to pursue operating efficiencies with an expected quarterly operating expense run rate of $7.6M–$7.7M for the remainder of fiscal 2026.
PROV Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PROV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 27, 2026 | $16.13 | $16.11 | -0.12% |
Oct 28, 2025 | $15.56 | $15.55 | -0.06% |
Jul 28, 2025 | $15.21 | $14.92 | -1.91% |
Apr 28, 2025 | $14.21 | $14.51 | +2.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Provident Financial Holdings, Inc (PROV) report earnings?
Provident Financial Holdings, Inc (PROV) is schdueled to report earning on May 04, 2026, Before Open (Confirmed).
What is Provident Financial Holdings, Inc (PROV) earnings time?
Provident Financial Holdings, Inc (PROV) earnings time is at May 04, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PROV EPS forecast?
PROV EPS forecast for the fiscal quarter 2026 (Q3) is 0.37.