secwatch.observer — SEC 8-K summary
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Issuer:     PROVIDENT FINANCIAL HOLDINGS INC (PROV)
CIK:        0001010470
Form:       8-K
Filed at:   2024-07-29T23:59:59+00:00
Accession:  0000939057-24-000194
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Provident Financial Q4 EPS $0.28, up 8% YoY; net interest margin slips to 2.74%
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- Net income $1.95M ($0.28 diluted EPS) vs $1.81M ($0.26) YoY; full-year net income $7.35M ($1.06) down 14%.
- Net interest margin 2.74% vs 2.88% YoY; loans held for investment $1.05B (-2%) and deposits $888.3M (-7%).
- Non-interest income up 29% to $1.47M on $541k gains from VISA share conversion; non-interest expense down 6% to $7.17M.
- Non-performing assets doubled to $2.6M (0.20% of assets) from $1.3M (0.10%) a year ago.
- Repurchased 48,476 shares at avg $13.00 in Q4; 189,116 shares remain under current buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1010470/000093905724000194/0000939057-24-000194-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1010470/000093905724000194/prov8k72924.htm
  HTML page:      https://secwatch.observer/filing/0000939057-24-000194

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