Provident Bancorp Inc (Maryland) reports results for the quarter ended in March - Earnings Summary

Provident Bancorp (Maryland)

23/04/2021 18:41

* Provident Bancorp Inc (Maryland)  PVBC.OQ  reported quarterly
adjusted earnings of 24 cents​​ per share for the quarter ended
in March. The mean expectation of two analysts for the quarter
was for earnings of 14 cents per share.
* Revenue rose 23.5% to $14.91 million from a year ago​; 
analysts expected $13.98 million.
* Provident Bancorp Inc (Maryland)'s reported EPS for the
quarter was 24 cents​.
* The mean earnings estimate of analysts had risen by
about 17.4% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates and  
* Provident Bancorp Inc (Maryland) shares had risen by 4.2% this
quarter and gained 25.0% so far this year.
* The company reported quarterly net income of $4.3 million.
* Wall Street's median 12-month price target for Provident
Bancorp Inc (Maryland) is $12.25 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
This summary was machine generated April 23 at 05:41 p.m. GMT.
​All figures in US Dollars.​