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Provident Bancorp (Provident Bancorp) Net Margin % : 19.69% (As of Dec. 2023)


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What is Provident Bancorp Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Provident Bancorp's Net Income for the three months ended in Dec. 2023 was $2.92 Mil. Provident Bancorp's Revenue for the three months ended in Dec. 2023 was $14.85 Mil. Therefore, Provident Bancorp's net margin for the quarter that ended in Dec. 2023 was 19.69%.

The historical rank and industry rank for Provident Bancorp's Net Margin % or its related term are showing as below:

PVBC' s Net Margin % Range Over the Past 10 Years
Min: -26.75   Med: 19.75   Max: 24.49
Current: 17.1


PVBC's Net Margin % is ranked worse than
73.18% of 1458 companies
in the Banks industry
Industry Median: 25.41 vs PVBC: 17.10

Provident Bancorp Net Margin % Historical Data

The historical data trend for Provident Bancorp's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Provident Bancorp Net Margin % Chart

Provident Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.75 20.66 24.49 -26.75 17.09

Provident Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.19 12.00 21.20 16.03 19.69

Competitive Comparison of Provident Bancorp's Net Margin %

For the Banks - Regional subindustry, Provident Bancorp's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Provident Bancorp's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Provident Bancorp's Net Margin % distribution charts can be found below:

* The bar in red indicates where Provident Bancorp's Net Margin % falls into.



Provident Bancorp Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Provident Bancorp's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=10.954/64.078
=17.09 %

Provident Bancorp's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=2.924/14.847
=19.69 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Provident Bancorp  (NAS:PVBC) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Provident Bancorp Net Margin % Related Terms

Thank you for viewing the detailed overview of Provident Bancorp's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Provident Bancorp (Provident Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
5 Market Street, Amesbury, MA, USA, 01913
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.
Executives
Joseph Stilwell 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Investments, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Fund, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Value Llc 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Partners L P 10 percent owner 111 BROADWAY, 12TH FL., NEW YORK NY 10006
Kathleen Chase Curran director 5 MARKET STREET, AMESBURY MA 01913
Carol L Houle officer: Co-President, Co-CEO and CFO 5 MARKET STREET, AMESBURY MA 01913
Barbara Piette director 5 MARKET STREET, AMESBURY MA 01913
Laurie H Knapp director 5 MARKET STREET, AMESBURY MA 01913
Joseph Mancini officer: Chief Operating Officer 5 MARKET STREET, AMESBURY MA 01913
Mohammad Shaikh director 5 MARKET STREET, AMESBURY MA 01913
Cousins Frank G Jr director 5 MARKET STREET, AMESBURY MA 01913
James A Deleo director 5 MARKET STREET, AMESBURY MA 01913
Jay E Gould director 5 MARKET STREET, AMESBURY MA 01913
Lisa Destefano director 5 MARKET STREET, AMESBURY MA 01913