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  • Apr 25, 2024

      Show headlines and story abstract
    • 4:17PM ET on Thursday Apr 25, 2024 by MT Newswires
      Companies Mentioned: PVBC
      04:17 PM EDT, 04/25/2024 (MT Newswires) -- ...
    • 4:06PM ET on Thursday Apr 25, 2024 by PR Newswire
      Companies Mentioned: PVBC

      Provident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported net income for the quarter ended March 31, 2024 of $5.0 million, or $0.30 per diluted share, compared to $2.9 million, or $0.18 per diluted share, for the quarter ended December 31,2023 and $2.1 million, or $0.13 per diluted share, for the quarter ended March 31, 2023. The Company's return on average assets was 1.26% for the quarter ended March 31, 2024, compared to 0.70% for the quarter ended December 31, 2023, and 0.53% for the quarter ended March 31, 2023. The Company's return on average equity was 8.93% for the quarter ended March 31, 2024, compared to 5.33% for the quarter ended December 31, 2023, and 4.01% for the quarter ended March 31, 2023.

    • 4:06PM ET on Thursday Apr 25, 2024 by Dow Jones
      Companies Mentioned: PVBC

      Provident Bancorp, Inc. Reports First Quarter Net Income of $5.0 Million

      PR Newswire

      AMESBURY, Mass., April 25, 2024

      AMESBURY, Mass., April 25, 2024 /PRNewswire/ -- Provident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported net income for the quarter ended March 31, 2024 of $5.0 million, or $0.30 per diluted share, compared to $2.9 million, or $0.18 per diluted share, for the quarter ended December 31,2023 and $2.1 million, or $0.13 per diluted share, for the quarter ended March 31, 2023. The Company's return on average assets was 1.26% for the quarter ended March 31, 2024, compared to 0.70% for the quarter ended December 31, 2023, and 0.53% for the quarter ended March 31, 2023. The Company's return on average equity was 8.93% for the quarter ended March 31, 2024, compared to 5.33% for the quarter ended December 31, 2023, and 4.01% for the quarter ended March 31, 2023.
    • 4:05PM ET on Thursday Apr 25, 2024 by Dow Jones
      Companies Mentioned: PVBC

      Provident Bancorp, Inc. Reports First Quarter Net Income of $5.0 Million

      PR Newswire

      AMESBURY, Mass., April 25, 2024

      AMESBURY, Mass., April 25, 2024 /PRNewswire/ -- Provident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported net income for the quarter ended March 31, 2024 of $5.0 million, or $0.30 per diluted share, compared to $2.9 million, or $0.18 per diluted share, for the quarter ended December 31,2023 and $2.1 million, or $0.13 per diluted share, for the quarter ended March 31, 2023. The Company's return on average assets was 1.26% for the quarter ended March 31, 2024, compared to 0.70% for the quarter ended December 31, 2023, and 0.53% for the quarter ended March 31, 2023. The Company's return on average equity was 8.93% for the quarter ended March 31, 2024, compared to 5.33% for the quarter ended December 31, 2023, and 4.01% for the quarter ended March 31, 2023.

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