earnings
confidence high
sentiment neutral
materiality 0.60
Provident Financial Q2 net income $1.44M (EPS $0.22); NIM 3.03%; NPL ratio 0.08%
PROVIDENT FINANCIAL HOLDINGS INC
2026-Q2 EPS reported
$0.47
- Net income of $1.44M, up 65% YoY from $872K but down 15% from sequential Q1 ($1.68M).
- Net interest margin expanded 12 bps YoY to 3.03%; net interest income rose 2% to $8.92M.
- Recorded a recovery of credit losses of $158K vs provision of $586K in prior-year quarter.
- Non-performing assets fell 30% to $990K, 0.08% of total assets; no charge-offs.
- Repurchased 96,260 shares at avg $15.80; 54,061 shares remain under buyback program.