Provident Financial (PROV) Scheduled to Post Earnings on Monday

Provident Financial (NASDAQ:PROV) is scheduled to announce its earnings results before the market opens on Monday, April 29th. Analysts expect Provident Financial to post earnings of $0.23 per share for the quarter.

Provident Financial (NASDAQ:PROV) last announced its earnings results on Monday, January 29th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.05. Provident Financial had a return on equity of 6.20% and a net margin of 14.43%. The firm had revenue of $9.65 million during the quarter, compared to analysts’ expectations of $10.00 million. On average, analysts expect Provident Financial to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Provident Financial Trading Down 2.5 %

NASDAQ:PROV opened at $13.05 on Tuesday. The company’s 50 day moving average is $13.86 and its 200-day moving average is $13.00. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.87. Provident Financial has a 12 month low of $10.16 and a 12 month high of $15.40. The firm has a market cap of $90.44 million, a price-to-earnings ratio of 11.35 and a beta of 0.40.

Provident Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 7th. Investors of record on Thursday, February 15th were paid a $0.14 dividend. The ex-dividend date was Wednesday, February 14th. This represents a $0.56 dividend on an annualized basis and a yield of 4.29%. Provident Financial’s payout ratio is presently 48.70%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of Provident Financial in a report on Tuesday, April 16th. They set a “hold” rating for the company.

About Provident Financial

Provident Financial Holdings, Inc operates as the holding company for Provident Savings Bank, F.S.B. that provides community banking services to consumers and small to mid-sized businesses in the Inland Empire region of Southern California. The company's deposit products include checking, savings, and money market accounts, as well as time deposits; and loan portfolio consists of single-family, multi-family, commercial real estate, construction, mortgage, commercial business, and consumer loans.