Provident Financial (NASDAQ:PROV) Posts Earnings Results, Misses Estimates By $0.08 EPS

Provident Financial (NASDAQ:PROV) posted its quarterly earnings results on Tuesday. The financial services provider reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.08), Zacks reports. The company had revenue of $14.87 million during the quarter, compared to analyst estimates of $10.10 million. Provident Financial had a net margin of 10.97% and a return on equity of 5.13%.

Provident Financial Stock Performance

Shares of Provident Financial stock opened at $16.20 on Thursday. The stock has a market cap of $104.81 million, a price-to-earnings ratio of 18.00 and a beta of 0.31. Provident Financial has a twelve month low of $12.98 and a twelve month high of $16.35. The company’s fifty day moving average is $15.81 and its 200 day moving average is $15.62. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.66.

Provident Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 12th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Thursday, February 12th. Provident Financial’s payout ratio is 62.22%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Piper Sandler cut their target price on shares of Provident Financial from $16.50 to $16.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. Zacks Research upgraded Provident Financial from a “strong sell” rating to a “hold” rating in a research note on Monday, December 29th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Provident Financial in a research report on Thursday, January 22nd. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Provident Financial has a consensus rating of “Hold” and a consensus price target of $16.00.

Insider Transactions at Provident Financial

In other Provident Financial news, SVP Gwendolyn Wertz sold 4,800 shares of Provident Financial stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $15.64, for a total transaction of $75,072.00. Following the transaction, the senior vice president directly owned 20,537 shares of the company’s stock, valued at approximately $321,198.68. The trade was a 18.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 11.49% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Provident Financial

An institutional investor recently bought a new position in Provident Financial stock. Susquehanna International Group LLP acquired a new position in Provident Financial Holdings, Inc. (NASDAQ:PROV) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 17,357 shares of the financial services provider’s stock, valued at approximately $273,000. Susquehanna International Group LLP owned 0.27% of Provident Financial at the end of the most recent reporting period. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Provident Financial

Here are the key news stories impacting Provident Financial this week:

• Positive Sentiment: Provident Bank was named one of America’s Best Regional Banks by Newsweek for 2026, boosting brand / local-deposit franchise credibility and customer trust. Article Title
• Positive Sentiment: Q2 results showed revenue/interest income strength and meaningful YoY profit improvement (net income up ~65% vs prior year quarter), supporting the business’ underlying earnings power. Management emphasized margin tailwinds on the call. Article Title
• Positive Sentiment: Net interest margin expanded to 3.03% and net interest income increased — a key profitability driver for the bank if the yield curve continues to normalize. This helps justify investor optimism despite a small franchise. Slide Deck / Press Release
• Positive Sentiment: Balance-sheet and shareholder actions: improved asset quality (lower non-performing assets), continued share repurchases and a consistent cash dividend, all supportive of per?share value. QuiverQuant Summary
• Neutral Sentiment: Management held an earnings call; commentary reiterated margin tailwinds but flagged competitive growth risks (deposit/loan competition and local market sensitivity). Read the transcript for detail on management’s outlook. Earnings Call Transcript
• Negative Sentiment: EPS missed consensus ($0.22 vs $0.30 expected). That miss, driven partly by a sequential decline in net income and a $214k one?time pre?litigation settlement, offsets some of the revenue/interest income positives. Earnings Snapshot
• Negative Sentiment: Short interest rose sharply in January (about +67% month-over-month), raising the potential for increased volatility or pressure if sentiment turns negative; there was also an insider sale noted (small volume). (Source: aggregated news feeds)

About Provident Financial

Provident Financial Services, Inc (NASDAQ: PROV) is a bank holding company headquartered in Jersey City, New Jersey, that conducts its operations through its wholly owned subsidiary, Provident Bank. With origins dating back to 1839, the company has grown into a full-service financial institution offering a broad spectrum of products and services to individuals, small businesses and commercial clients.

The company’s principal business activities include retail banking, commercial lending, mortgage finance and wealth management.