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Provident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported net income for the quarter ended March 31, 2024 of $5.0 million, or $0.30 per diluted share, compared to $2.9 million, or $0.18 per diluted share, for the quarter ended December 31,2023 and $2.1 million, or $0.13 per diluted share, for the quarter ended March 31, 2023. The Company's return on average assets was 1.26% for the quarter ended March 31, 2024, compared to 0.70% for the qua
Provident Bancorp, Inc. (NASDAQ: PVBC), is pleased to announce the appointment of Julienne Cassarino to its Board of Directors, as well as the Board of Directors of its operating subsidiary, BankProv, a future-ready commercial bank that offers technology-driven banking solutions to its clients. With over two decades of experience as a distinguished bank analyst and investor, Ms. Cassarino brings a wealth of knowledge and expertise to the board.
BankProv (NASDAQ: PVBC), a future-ready commercial bank that offers technology-driven banking solutions to its clients, is pleased to announce the addition of Sandra Ennin to the organization as Vice President (VP), Business Banking Officer. Ennin joins BankProv with over 15 years of industry experience working with various financial institutions.
Provident Bancorp, Inc. (NASDAQ: PVBC) is pleased to announce the appointment of Dennis Pollack to its Board of Directors as well as to the Board of Directors of its operating subsidiary, BankProv, a future-ready commercial bank that offers technology-driven banking solutions to its clients. Mr. Pollack brings a wealth of experience to the role, having served in various executive positions, including most recently as President and CEO of Prudential Bank in Philadelphia, PA.
Provident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported net income for the quarter ended December 31, 2023 of $2.9 million, or $0.18 per diluted share, compared to $2.5 million, or $0.15 per diluted share, for the quarter ended September 30, 2023, and $2.7 million, or $0.16 per diluted share, for the quarter ended December 31, 2022. The Company reported net income of $11.0 million, or $0.66 per diluted share, for the year ended December 3
BankProv (NASDAQ: PVBC), a future-ready commercial bank that offers technology-driven banking solutions to its clients, is pleased to announce the addition of Curt Murray to its team in the role of Assistant Vice President (AVP), Business Banking Officer. With over two decades of experience in financial institutions across the greater New Hampshire Seacoast, Curt brings a wealth of expertise to his new position.
Provident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported net income for the quarter ended September 30, 2023 of $2.5 million, or $0.15 per diluted share, compared to $3.5 million, or $0.21 per diluted share, for the quarter ended June 30, 2023. The Company reported a net loss of $35.3 million, or ($2.15) per diluted share, for the quarter ended September 30, 2022. Net income for the nine months ended September 30, 2023 was $8.0 million, or
BankProv (NASDAQ: PVBC), a future-ready commercial bank that offers technology-driven banking solutions to its clients, is pleased to welcome Tricia Abood to the organization as Vice President, Business Development Officer. Tricia brings a wealth of financial services knowledge and a proven track record in the industry.
Provident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported net income for the quarter ended June 30, 2023 of $3.5 million, or $0.21 per diluted share, compared to $2.1 million, or $0.13 per diluted share, for the quarter ended March 31, 2023, and $5.6 million, or $0.33 per diluted share, for the quarter ended June 30, 2022. Net income for the six months ended June 30, 2023 was $5.6 million, or $0.34 per diluted share, compared to $11.1 milli
BankProv (NASDAQ: PVBC), a future-ready commercial bank that offers technology-driven banking solutions to its clients, is pleased to welcome Lisa Gainty to the organization as Vice President of Business Development for Retail Banking. As an experienced industry professional with deep ties to the local business community, Lisa is already hard at work connecting new and existing customers with BankProv's suite of retail banking services.