Provident Financial Holdings Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 5.36
Dividend & Yield0.56$ (3.86%)
Beta 0.45
Market capitalization 104.8M
Operating cash flow 11.01M
ESG Scores unknown

Company description

Provident Financial Holdings, Inc. operates as the holding company for Provident Savings Bank, F.S.B. that provides community banking services to consumers and small to mid-sized businesses in the Inland Empire region of Southern California. The company's deposit products include checking, savings, and money market accounts, as well as time deposits; and loan portfolio consists of single-family, multi-family, commercial real estate, construction, mortgage, commercial business, and consumer loans. It also offers investment services comprising the sale of investment products, such as annuities and mutual funds; and trustee services for real estate transactions. The company operates through 12 full-service banking offices in Riverside County and one full-service banking office in San Bernardino County. Provident Financial Holdings, Inc. was founded in 1956 and is headquartered in Riverside, California.

Sector: Financial Services - Industry: Banks—Regional

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Similar Companies
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Financial Statements

Cashflow Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Change To Liabilities 1.86M -2.95M -658k 484k
Total Cashflows From Investing Activities 17.29M -48.91M -55.87M -51.75M
Net Borrowings -25.06M 39.94M -40.06M -15.98M
Total Cash From Financing Activities -97.05M 86.36M -1.47M -6.9M
Change To Operating Activities 765k -2.8M -2.67M -2.11M
Issuance Of Stock 553k 215k 981k
Net Income 4.42M 7.69M 7.56M 9.09M
Change In Cash 27.33M 45.4M -45.76M -46.86M
Effect Of Exchange Rate
Total Cash From Operating Activities 107.09M 7.95M 11.57M 11.79M
Depreciation 3.08M 3.39M 6.27M 4.85M
Change To Account Receivables
Other Cashflows From Financing Activities -66.33M 51.7M 45M 17.53M
Change To Netincome 96.97M 2.62M 1.08M -524k
Capital Expenditures -449k -229k -225k -165k

Income Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Research Development
Income Before Tax 5.92M 10.9M 10.19M 12.86M
Net Income 4.42M 7.69M 7.56M 9.09M
Selling General Administrative 37.71M 25.72M 22.05M 22.36M
Gross Profit 51.16M 39.8M 35.92M 38.77M
Ebit
Operating Income 9.3M 11.13M 10.74M 13.4M
Interest Expense
Income Tax Expense 1.5M 3.21M 2.63M 3.77M
Total Revenue 51.16M 39.8M 35.92M 38.77M
Cost Of Revenue
Total Other Income ExpenseNet -3.38M -227k -552k -543k
Net Income From Continuing Ops 4.42M 7.69M 7.56M 9.09M
Net Income Applicable To Common Shares 4.42M 7.69M 7.56M 9.09M

Balance Sheet Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Total Liabilities 964.21M 1.05B 1.06B 1.06B
Total Stockholder Equity 120.64M 123.98M 127.28M 128.65M
Other Current Liabilities
Total Assets 1.08B 1.18B 1.18B 1.19B
Common Stock 181k 181k 183k 183k
Other Current Assets 3.42M 3.27M 3M 2.97M
Retained Earnings 190.84M 194.34M 197.73M 202.68M
Treasury Stock -164.73M -166.14M -168.61M -173.04M
Cash 70.63M 116.03M 70.27M 23.41M
Total Current Liabilities 862.91M 939.74M 974M 1.01B
Other Stockholder Equity 161k 104k 72k 2k
Property, Plant, and Equipment 8.23M 10.25M 9.38M 8.83M
Total Current Assets 85.08M 129.88M 86.46M 40.14M
Net Tangible Assets 120.64M 123.98M 127.28M 128.65M
Net Receivables
Accounts Payable 862.91M 908.99M 953.02M 971.22M


Insider Transactions

Here are the insider transactions of stock shares related to Provident Financial Holdings Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
BLUNDEN CRAIG GStock Award(Grant) at price 0.00 per share.D2022-08-12Chief Executive Officer7.5k
BRUNNER-SALTER LILIAN NStock Award(Grant) at price 0.00 per share.D2022-08-12Officer3.35k
TERNES DONAVON PStock Award(Grant) at price 0.00 per share.D2022-08-12President7.5k
WERTZ GWENDOLYN LStock Award(Grant) at price 0.00 per share.D2022-08-12Officer3.35k
WEIANT DAVID SStock Award(Grant) at price 0.00 per share.D2022-08-12Officer3.35k
RITTER ROBERT SCOTTStock Award(Grant) at price 0.00 per share.D2022-08-12Officer3.35k
MICHALAK KATHYStock Award(Grant) at price 0.00 per share.D2021-12-16Director1k
TAYLOR ROY HUGHSale at price 17.00 per share.D2021-03-11Director4k
THOMAS WILLIAM ESale at price 16.90 per share.D2021-03-10Director8.81k
THOMAS WILLIAM EConversion of Exercise of derivative security at price 7.43 per share.D2021-03-10Director20k
BENNETT BRUCE WSale at price 16.81 per share.D2021-03-08Director13.3k
BENNETT BRUCE WSale at price 17.00 per share.D2021-03-05Director1.7k
BLUNDEN CRAIG GSale at price 16.80 per share.D2021-03-04Chief Executive Officer26.1k
BLUNDEN CRAIG GConversion of Exercise of derivative security at price 7.43 per share.D2021-03-04Chief Executive Officer48k
TAYLOR ROY HUGHConversion of Exercise of derivative security at price 7.43 per share.D2021-03-03Director10k
TERNES DONAVON PConversion of Exercise of derivative security at price 7.43 per share.D2021-03-01President19k
TERNES DONAVON PSale at price 16.60 per share.D2021-02-25President26k
TERNES DONAVON PConversion of Exercise of derivative security at price 7.43 per share.D2021-02-25President26k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Provident Financial Holdings Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Provident Financial Holdings Inc

Here is the result of two systematic investment strategies applied to Provident Financial Holdings Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Provident Financial Holdings Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Provident Financial Holdings Inc:

Provident Financial Holdings Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -0.39% on the backtest period.

Performance at glance

Performance

-0.39 %

Latent gain

-8.77 $

Invested capital

2234.46 $

Annualized return

-0.09 %
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Momentum strategy results on Provident Financial Holdings Inc

This is the result of two momentum investment strategies applied to Provident Financial Holdings Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Provident Financial Holdings Inc

The following chart shows all the entries opened by the momentum investment system on Provident Financial Holdings Inc:

Provident Financial Holdings Inc momentum entries
  • The first momentum investment strategy would give 1.12% of return on Provident Financial Holdings Inc. That represents 78.49$ of latent gain with 7006.34$ of employed capital.
  • The second momentum investment strategy would give 3.23% of return on Provident Financial Holdings Inc. That represents 153.77$ of latent gain with 4756.34$ of employed capital.
Performance at glance (1Q Momentum)

Performance

1.12 %

Latent gain

78.49 $

Invested capital

7006.34 $

Annualized return

3.76 %
Performance at glance (2Q Momentum)

Performance

3.23 %

Latent gain

153.77 $

Invested capital

4756.34 $

Annualized return

0.88 %

Momentum equity curve on Provident Financial Holdings Inc

The following chart shows the equity curve of the two momentum strategies applied to Provident Financial Holdings Inc:

Provident Financial Holdings Inc momentum equity

Note: the dividends potentially given by Provident Financial Holdings Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Provident Financial Holdings Inc

The following chart shows the employed capital evolution of the two momentum strategies on Provident Financial Holdings Inc since the beginning:

Provident Financial Holdings Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Provident Financial Holdings Inc

Buy the dip entry openings on Provident Financial Holdings Inc

Provident Financial Holdings Inc

The performance achieved by the robo-advisor on Provident Financial Holdings Inc is 8.04%. That represents 40.48$ of latent gain with 503.2$ of employed capital. The following chart shows Provident Financial Holdings Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Provident Financial Holdings Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

8.04 %

Latent gain

40.48 $

Invested capital

503.2 $

Annualized return

3.76 %

Equity curve of the strategy applied to Provident Financial Holdings Inc

The following chart shows the result of the investment strategy applied to Provident Financial Holdings Inc:

Provident Financial Holdings Inc

Note: the dividends potentially given by Provident Financial Holdings Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Provident Financial Holdings Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Provident Financial Holdings Inc:

Provident Financial Holdings Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Provident Financial Holdings Inc

In this section, I will compare the three previous investment strategies applied to Provident Financial Holdings Inc.

Equity curve comparison on Provident Financial Holdings Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Provident Financial Holdings Inc investment strategy comparison

Employed capital comparison on Provident Financial Holdings Inc

Provident Financial Holdings Inc investment comparison

Performance comparison on Provident Financial Holdings Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -0.39% -8.77$ 2234.46$ -0.09%
Momentum 1 quarter 1.12% 78.49$ 7006.34$ 0.29%
Momentum 2 quarters 3.23% 153.77$ 4756.34$ 0.88%
Non-directional 8.04% 40.48$ 503.2$ 3.76%
Annualized return comparison

Automatic investment

-0.09 %

Momentum 1Q

0.88 %

Momentum 2Q

0.88 %

Non-directional

3.76 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Provident Financial Holdings Inc:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months


Note: The algorithm computes the probability of correlation between Provident Financial Holdings Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Provident Financial Holdings Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Provident Financial Holdings Inc
Country United States
City Riverside
Address 3756 Central Avenue
Phone 951 686 6060
Website www.myprovident.com
FullTime employees 110
Industry Banks—Regional
Sector Financial Services
Exchange XNAS
Ticker PROV
Market www.nasdaq.com

Provident Financial Holdings Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown