Provident Bancorp (PVBC) AI Stock Analysis

• Market Cap: $224.79M
• Dividend Yield: N/A
• Average Volume (3M): 35.77K
• Price to Earnings (P/E): 20.2
• Beta (1Y): 0.58
• Revenue Growth: -3.01%
• EPS Growth: 48.26%
• Country: US
• Employees: 177
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.17
• Shares Outstanding: 17,784,048
• 10 Day Avg. Volume: 42,617
• 30 Day Avg. Volume: 35,767
• PEG Ratio: -0.75
• Price to Book (P/B): 0.83
• Price to Sales (P/S): 2.02
• P/FCF Ratio: 16.54
• Enterprise Value/Market Cap: 1.03
• Enterprise Value/Revenue: 2.49
• Enterprise Value/Gross Profit: 3.97
• Enterprise Value/Ebitda: 15.49
• 1Y Price Target: $13.50
• Price Target Upside: 7.23% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 61 Neutral
• Price Target: $13.50 ▲(7.23% Upside)

Provident Bancorp's overall stock score is driven by its stable financial performance and conservative leverage, though it faces challenges in revenue and cash flow growth. Technical analysis indicates a lack of strong momentum, and valuation metrics suggest the stock is fairly valued. The absence of earnings call insights and corporate events limits additional context.

Provident Bancorp Business Overview & Revenue Model

Company Description

Provident Bancorp, Inc. (PVBC) is a publicly traded bank holding company based in the United States, primarily engaged in providing a range of banking and financial services through its wholly-owned subsidiary, Provident Bank. The company operates in the banking sector, offering services such as commercial and residential real estate loans, consumer loans, and various deposit products including checking accounts, savings accounts, and certificates of deposit. Provident Bancorp focuses on serving individuals, businesses, and communities, with an emphasis on delivering personalized banking solutions.

How the Company Makes Money

Provident Bancorp generates revenue primarily through the interest earned on loans and investments, which constitutes its main revenue stream. The bank provides a variety of loans, including commercial loans, real estate loans, and consumer loans, charging interest that contributes significantly to its income. Additionally, the company earns revenue from fees associated with deposit accounts, transaction services, and other banking services. Other revenue streams may include gains from the sale of investment securities. The bank also engages in strategic partnerships with local businesses and community organizations to enhance its service offerings and expand its customer base, further contributing to its earnings.

Provident Bancorp Financial Statement Overview

Summary

Provident Bancorp shows a stable financial position with strong cash flow management. However, declining profitability and inconsistent revenue growth present challenges. The balance sheet indicates moderate leverage, and there is a need for improved equity returns.

Income Statement

Provident Bancorp shows a mixed performance in its income statement. The TTM gross profit margin stands at 52.88%, indicating efficient cost management. However, the TTM net profit margin has decreased to 4.81% from 7.71% in the last annual report, reflecting declining profitability. Revenue growth is inconsistent, showing a decline in recent periods. Margins such as EBIT and EBITDA have also worsened over the last year, indicating operational challenges.

Balance Sheet

The balance sheet reveals a stable equity position with an equity ratio of 15.06% in TTM. The debt-to-equity ratio increased to 0.56 in TTM, signaling moderate leverage but within acceptable limits for a regional bank. Return on equity decreased to 1.91% in TTM, highlighting decreased efficiency in generating profits with shareholders' equity.

Cash Flow

Cash flow metrics present a promising outlook with a strong operating cash flow to net income ratio of 3.71 in TTM, indicating robust cash generation relative to profits. Free cash flow remains positive, with a growth rate of 40.85% from the last annual report, signaling efficient capital expenditure management and potential for reinvestment or debt reduction.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	92.73M	94.24M	96.20M	84.55M	69.27M	63.95M
Gross Profit	58.02M	54.27M	64.76M	23.82M	62.01M	52.42M
EBITDA	14.88M	10.46M	15.87M	-26.16M	23.12M	17.70M
Net Income	10.59M	7.27M	10.95M	-21.47M	16.14M	11.98M
Balance Sheet
Total Assets	1.54B	1.59B	1.67B	1.64B	1.73B	1.51B
Cash, Cash Equivalents and Short-Term Investments	128.91M	169.14M	248.90M	109.23M	189.95M	116.03M
Total Debt	40.43M	48.42M	108.87M	131.11M	17.89M	17.99M
Total Liabilities	1.30B	1.36B	1.45B	1.43B	1.50B	1.27B
Stockholders Equity	237.37M	231.09M	221.90M	207.54M	233.78M	235.86M
Cash Flow
Free Cash Flow	14.21M	11.53M	5.21M	21.64M	23.90M	17.27M
Operating Cash Flow	14.66M	11.90M	5.55M	21.91M	24.31M	18.18M
Investing Cash Flow	62.46M	19.38M	104.73M	-22.34M	-155.72M	-360.45M
Financing Cash Flow	-119.83M	-82.47M	29.42M	-72.05M	200.70M	366.43M

Provident Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.59
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PVBC, the sentiment is Positive. The current price of 12.59 is above the 20-day moving average (MA) of 12.53, below the 50-day MA of 12.66, and above the 200-day MA of 11.95, indicating a neutral trend. The MACD of -0.05 indicates Negative momentum. The RSI at 53.10 is Neutral, neither overbought nor oversold. The STOCH value of 53.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PVBC.

Provident Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LCNB	70 Outperform	$209.94M	9.78	8.28%	5.98%	14.84%	169.99%
CFFI	70 Neutral	$224.71M	9.05	10.67%	2.62%	11.71%	32.12%
FUNC	70 Neutral	$224.65M	9.30	13.36%	2.66%	11.73%	55.87%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
ISTR	64 Neutral	$211.45M	9.62	8.53%	1.90%	3.25%	47.03%
PVBC	61 Neutral	$224.79M	20.16	4.59%	―	-3.01%	48.26%
BPRN	57 Neutral	$201.97M	31.76	2.70%	3.94%	16.39%	-72.87%

Provident Bancorp Corporate Events

Provident Bancorp Faces Legal Challenges Post-Merger Announcement

On June 5, 2025, NB Bancorp, Inc. and its subsidiary Needham Bank entered into a merger agreement with Provident Bancorp, Inc. and its subsidiary BankProv. This transaction involves a series of mergers, with Needham ultimately acquiring Provident and BankProv. However, following the announcement, Provident faced lawsuits and demand letters from stockholders alleging false and misleading proxy statements. Provident denies these allegations but has made additional disclosures to avoid litigation delays and costs.