Provident BancorpPVBC
PVBC
About: Provident Bancorp Inc provides a range of banking products and services to small and medium-sized commercial customers. It attracts deposits from the general public and uses those funds to originate loans, commercial real estate, construction and land, and commercial business loans, and to invest in securities. The company lending activities include providing commercial real estate loans, multi-family residential real estate loans, commercial business loans, construction and land development loans, one-to four-family residential loans, home equity loans & lines of credit, and consumer loans.
Employees: 179
0
Funds holding %
of 7,312 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
9,250% more call options, than puts
Call options by funds: $187K | Put options by funds: $2K
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
8% more funds holding
Funds holding: 65 [Q4 2024] → 70 (+5) [Q1 2025]
0% more capital invested
Capital invested by funds: $91.6M [Q4 2024] → $92M (+$453K) [Q1 2025]
0.09% less ownership
Funds ownership: 45.3% [Q4 2024] → 45.21% (-0.09%) [Q1 2025]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 1 (-1) [Q1 2025]
52% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 29
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$12.50
3%
downside
Avg. target
$12.50
3%
downside
High target
$12.50
3%
downside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Stephens & Co. Matt Breese | 3%downside $12.50 | Equal-Weight Maintained | 8 May 2025 |
Financial journalist opinion
Neutral
GlobeNewsWire
1 month ago
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PVBC, KNW, HLGN on Behalf of Shareholders
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Neutral
Business Wire
1 month ago
PROVIDENT BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Provident Bancorp, Inc. - PVBC
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Provident Bancorp, Inc. (NasdaqCM: PVBC) to NB Bancorp, Inc. (NasdaqCM: NBBK). Under the terms of the proposed transaction, shareholders of Provident can elect to receive either: (i) 0.691 shares of NB Bancorp common stock or (ii) $13.00 in cash, for each share of Provident that they own. KSF is see.
Neutral
GlobeNewsWire
1 month ago
$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Provident Bancorp, Inc. (NASDAQ: PVBC)
NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Provident Bancorp, Inc. (NASDAQ: PVBC ) related to its sale to NB Bancorp, Inc. Under the terms of the proposed transaction, Provident shareholders will receive for each share of Provident common stock, at the holder's election, either (i) 0.691 shares of NB Bancorp common stock or (ii) $13.00 in cash.
Neutral
GlobeNewsWire
1 month ago
PVBC STOCK ALERT: Halper Sadeh LLC is Investigating Whether the Sale of Provident Bancorp, Inc. is Fair to Shareholders
NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Provident Bancorp, Inc. (NASDAQ: PVBC) to NB Bancorp, Inc. is fair to Provident shareholders. Under the terms of the proposed transaction, Provident shareholders will receive for each share of Provident common stock, at the holder's election, either (i) 0.691 shares of NB Bancorp common stock or (ii) $13.00 in cash.
Neutral
GlobeNewsWire
1 month ago
SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Provident Bancorp, Inc. (Nasdaq - PVBC)
BALA CYNWYD, Pa., June 06, 2025 (GLOBE NEWSWIRE) -- Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Provident Bancorp, Inc. (“Provident” or the “Company”) (Nasdaq - PVBC) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to NB Bancorp, Inc. (“Needham”) (Nasdaq – NBBK). Under the terms of the stock and cash transaction, stockholders of Provident will receive for each share of Provident common stock, at the holder's election, either (i) 0.691 shares of Needham common stock or (ii) $13.00 in cash subject to allocation procedures.
Neutral
Business Wire
1 month ago
PVBC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Provident Bancorp, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Provident Bancorp, Inc. (NASDAQ: PVBC) to NB Bancorp, Inc. is fair to Provident shareholders. Under the terms of the proposed transaction, Provident shareholders will receive for each share of Provident common stock, at the holder's election, either (i) 0.691 shares of NB Bancorp common stock or (ii) $13.00 in cash. Halper Sadeh encourages Provident shareholders to click here to learn.
Neutral
PRNewsWire
1 month ago
NB Bancorp, Inc. and Provident Bancorp, Inc. Enter Into Definitive Merger Agreement
Key Highlights: Merger expands Needham Bank's branch footprint into the North Shore of Massachusetts and New Hampshire The merger is expected to be approximately 19% accretive to NB Bancorp, Inc.'s earnings per share in 2026, the first full year of combined operations, assuming full phase-in of cost savings Needham Bank will remain well capitalized with high levels of liquidity after the merger NEEDHAM, Mass. and AMESBURY, Mass.
Neutral
PRNewsWire
2 months ago
Provident Bancorp, Inc. Reports Results for the March 31, 2025 Quarter
AMESBURY, Mass. , April 25, 2025 /PRNewswire/ -- Provident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported net income for the quarter ended March 31, 2025 of $2.2 million, or $0.13 per diluted share, compared to $4.9 million, or $0.29 per diluted share, for the quarter ended December 31, 2024, and $5.0 million, or $0.30 per diluted share, for the quarter ended March 31, 2024.
Positive
Zacks Investment Research
4 months ago
What Makes Provident Bancorp (PVBC) a New Strong Buy Stock
Provident Bancorp (PVBC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Neutral
PRNewsWire
5 months ago
Provident Bancorp, Inc. Reports Fourth Quarter Net Income of $4.9 Million
AMESBURY, Mass. , Jan. 23, 2025 /PRNewswire/ -- Provident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported net income for the quarter ended December 31, 2024 of $4.9 million, or $0.29 per diluted share, compared to net income of $716,000, or $0.04 per diluted share, for the quarter ended September 30, 2024, and net income of $2.9 million, or $0.18 per diluted share, for the quarter ended December 31, 2023.
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