secwatch.observer — SEC 8-K summary
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Issuer:     PROVIDENT FINANCIAL HOLDINGS INC (PROV)
CIK:        0001010470
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0000939057-25-000011
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Provident Financial Q2 net income falls 59% to $872K; provision for credit losses swings to $586K
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- Net income $872K ($0.13 diluted EPS) vs $2.14M ($0.31) a year ago, down 59%.
- Net interest margin expanded 13 bps to 2.91%; net interest income flat at $8.76M.
- Recorded $586K provision for credit losses vs $720K recovery in prior year; non-interest expenses up 6% to $7.79M.
- Loans held for investment $1.05B, unchanged from June 30; deposits $867.5M, down 2%.
- Repurchased 63,556 shares at avg $16.04; new stock repurchase plan approved by Board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1010470/000093905725000011/0000939057-25-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1010470/000093905725000011/prov8k12825.htm
  HTML page:      https://secwatch.observer/filing/0000939057-25-000011

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