Provident Bancorp, Inc. (PVBC) News
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Latest PVBC News From Around the Web
Below are the latest news stories about PROVIDENT BANCORP INC that investors may wish to consider to help them evaluate PVBC as an investment opportunity.
Provident Bancorp, Inc. Reports Results for the September 30, 2023 QuarterProvident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported net income for the quarter ended September 30, 2023 of $2.5 million, or $0.15 per diluted share, compared to $3.5 million, or $0.21 per diluted share, for the quarter ended June 30, 2023. The Company reported a net loss of $35.3 million, or ($2.15) per diluted share, for the quarter ended September 30, 2022. Net income for the nine months ended September 30, 2023 was $8.0 million, or |
BankProv Adds Business Banking Expert To Support New ClientsBankProv (NASDAQ: PVBC), a future-ready commercial bank that offers technology-driven banking solutions to its clients, is pleased to welcome Tricia Abood to the organization as Vice President, Business Development Officer. Tricia brings a wealth of financial services knowledge and a proven track record in the industry. |
Provident Bancorp, Inc. Reports Results for the June 30, 2023 QuarterProvident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported net income for the quarter ended June 30, 2023 of $3.5 million, or $0.21 per diluted share, compared to $2.1 million, or $0.13 per diluted share, for the quarter ended March 31, 2023, and $5.6 million, or $0.33 per diluted share, for the quarter ended June 30, 2022. Net income for the six months ended June 30, 2023 was $5.6 million, or $0.34 per diluted share, compared to $11.1 milli |
BankProv Hires New Vice President of Business DevelopmentBankProv (NASDAQ: PVBC), a future-ready commercial bank that offers technology-driven banking solutions to its clients, is pleased to welcome Lisa Gainty to the organization as Vice President of Business Development for Retail Banking. As an experienced industry professional with deep ties to the local business community, Lisa is already hard at work connecting new and existing customers with BankProv's suite of retail banking services. |
Provident Bancorp, Inc. Reports Results for the March 31, 2023 QuarterProvident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported net income for the quarter ended March 31, 2023 of $2.1 million, or $0.13 per diluted share, compared to $2.7 million, or $0.16 per diluted share, for the quarter ended December 31, 2022 and $5.5 million, or $0.32 per diluted share, for the quarter ended March 31, 2022. |
BankProv Donates Over $300,000 to CharitiesBankProv, a future-ready commercial bank that offers technology-driven banking solutions to its clients, has donated more than $300,000 over the last year to charities and non-profit organizations as part of its ongoing commitment to give back to the community. |
BankProv Appoints Two New Members to Executive Leadership TeamBankProv, a future-ready commercial bank that offers technology-driven banking solutions to its clients, is pleased to announce that it has recently appointed Janine Jakubauskas to the role of Chief Risk Officer and David Gagnon to the role of Chief Credit Officer. |
BankProv Joins the MaxMyInterest Platform to Offer Premium High-Yield Savings AccountBankProv, a future-ready commercial bank that offers technology-driven banking solutions to its clients, is pleased to announce its nationwide partnership with MaxMyInterest (Max), an intelligent cash management platform for individual investors and financial advisors. Through this partnership, BankProv is joining the Max platform to provide its clients and Max members an easy-to-open, high-interest savings account.1 The account, BankProv Max Savings, is offered exclusively on the Max platform w |
BankProv Announces Co-CEO Leadership TeamProvident Bancorp, Inc. (the "Company") (Nasdaq:PVBC), the holding company for BankProv (the "Bank"), announced today that its Board of Directors ("Board") has officially appointed Carol Houle and Joe Reilly as Co-CEOs and Co-Presidents effective immediately. The team served as interim Co-CEO's since December 23, 2022. Carol Houle will continue to serve as CFO in addition to her new role as Co-CEO. |
Provident Bancorp, Inc. Reports Results for the December 31, 2022 QuarterProvident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported net income for the quarter ended December 31, 2022 of $2.7 million, or $0.16 per diluted share, compared to a net loss of $35.3 million, or ($2.15) per diluted share, for the quarter ended September 30, 2022 and net income of $3.6 million, or $0.21 per diluted share, for the quarter ended December 31, 2021. Net loss for the year ended December 31, 2022 was $21.5 million, or ($1.30) p |