Provident Financial
PROV
$15.82 -0.44%
Exchange: NASDAQ | Sector: Financial Services | Industry: Banks Regional
Q3 2025
Published: May 8, 2025

Earnings Highlights

  • Revenue of $15.34M up 63% year-over-year
  • EPS of $0.28 increased by 27.3% from previous year
  • Gross margin of 90.5%
  • Net income of 1.86M
  • "We remixed the liability profile in the March quarter. For the first time in a while, we opened up our government deposits desk again. And so we accumulated some government deposits in the March quarter. As a result of that, we had available liquidity to pay down Federal Home Loan Bank advances. And I think we paid down a little bit of brokered CDs as well." - Donavon Ternes
PROV
Company PROV

Executive Summary

Provident Financial Holdings Inc (PROV) delivered a solid Q3 2025 (quarter ended March 31, 2025) with revenue of $15.34 million, up 63.03% year over year and 3.16% quarter over quarter, and net income of $1.86 million ($0.28 per share). The company benefited from a 11 basis point expansion in net interest margin (NIM) to 3.02% driven by a 7 bp rise in the yield on total interest-earning assets and a 1 bp reduction in the cost of total interest-bearing liabilities, supplemented by a small positive impact from lower net deferred loan costs and a credit loss recovery of $0.394 million. Operating profit was $2.654 million and gross profit reached $13.875 million on revenue of $15.336 million, yielding a gross margin of roughly 68.5% and an operating margin near 17.3%. Net income rose 24.2% year over year and 113% quarter over quarter, with EPS of $0.28. The balance sheet remains liquidity-rich and conservatively sourced, supported by a well-capitalized profile and ongoing capital returns to shareholders through dividends and modest share repurchases.

Key Performance Indicators

Revenue
Increasing
15.34M
QoQ: 3.16% | YoY: 63.03%
Gross Profit
Increasing
13.88M
90.47% margin
QoQ: 44.47% | YoY: 49.47%
Operating Income
Decreasing
2.65M
QoQ: 116.83% | YoY: -14.14%
Net Income
Increasing
1.86M
QoQ: 112.96% | YoY: 24.21%
EPS
Increasing
0.28
QoQ: 115.38% | YoY: 27.27%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 14.15 0.25 -8.0% View
Q3 2025 15.34 0.28 +63.0% View
Q2 2025 14.87 0.13 +54.1% View
Q1 2025 10.21 0.28 +3.3% View
Q4 2024 15.38 0.28 +9.5% View