---
schema_version: "secwatch.filing_event.v1"
accession: "0000939057-23-000193"
form_type: "8-K"
ticker: "PROV"
cik: "0001010470"
company_name: "PROVIDENT FINANCIAL HOLDINGS INC"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:05:47.686933+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Provident Financial Q4 net income $1.81M, down 27% YoY; EPS $0.26

## Summary
- Net income $1.81M ($0.26 EPS) in Q4 FY2023, down from $2.46M ($0.34 EPS) a year ago; FY net income $8.59M vs $9.09M.
- Net interest margin 2.88%, down 5 bps YoY; net interest income up 9% to $9.23M on higher earning asset balances.
- Loans held for investment increased 15% YoY to $1.08B; total deposits decreased 1% to $950.6M.
- Asset quality strong: non-performing assets / total assets = 0.10%; allowance for loan losses $5.9M (0.55% of gross loans).
- Company repurchased 51,498 shares at avg $12.64 in Q4; remaining buyback authority 61,540 shares.

## SEC filing metadata
- accession: 0000939057-23-000193
- form_type: 8-K
- ticker: PROV
- cik: 0001010470
- company_name: PROVIDENT FINANCIAL HOLDINGS INC
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1010470/000093905723000193/0000939057-23-000193-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1010470/000093905723000193/8k72623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939057-23-000193
- JSON: https://secwatch.observer/filing/0000939057-23-000193.json
- Plain text: https://secwatch.observer/filing/0000939057-23-000193.txt

## Key facts
- Earnings Releases
  PROVIDENT FINANCIAL HOLDINGS INC reported the quarter ended June 30, 2023 results: net income $1.81 million, EPS $0.26 per diluted share.
  - Period: the quarter ended June 30, 2023
  - Net income: $1.81 million
  - EPS: $0.26 per diluted share
  - Result: reported results
  source text: For the quarter ended June 30, 2023, the Company reported net income of $1.81 million, or $0.26 per diluted share (on 7.07 million average diluted shares outstanding), down 27 percent from net income of $2.46 million, or $0.34 per diluted share (on 7.32 million average diluted shares outstanding), in the comparable period a year ago.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1010470/000093905723000193/0000939057-23-000193-index.htm
- Earnings Releases
  PROVIDENT FINANCIAL HOLDINGS INC reported the fiscal year ended June 30, 2023 results: net income $8.59 million, EPS $1.19 per share.
  - Period: the fiscal year ended June 30, 2023
  - Net income: $8.59 million
  - EPS: $1.19 per share
  - Result: reported results
  source text: For the fiscal year ended June 30, 2023, net income decreased $501,000, or six percent, to $8.59 million from $9.09 million in the prior fiscal year. Diluted earnings per share for the fiscal year ended June 30, 2023 decreased two percent to $1.19 per share (on 7.19 million average diluted shares outstanding) from $1.22 per share (on 7.45 million average diluted shares outstanding) for the fiscal year ended June 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1010470/000093905723000193/0000939057-23-000193-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.