Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
The latest update is out from Provident Financial Holdings ( (PROV) ).
On May 12, 2025, Provident Financial Holdings announced the appointment of Peter C. Fan as Senior Vice President, Chief Financial Officer, and Corporate Secretary, effective immediately. Mr. Fan brings extensive financial leadership experience from his previous roles at Royal Business Bank and Pacific Western Bank. His appointment is expected to strengthen Provident’s community banking focus and enhance its strategic corporate initiatives, liquidity and capital planning, and asset-liability management.
The most recent analyst rating on (PROV) stock is a Hold with a $16.50 price target. To see the full list of analyst forecasts on Provident Financial Holdings stock, see the PROV Stock Forecast page.
Spark’s Take on PROV Stock
According to Spark, TipRanks’ AI Analyst, PROV is a Outperform.
Provident Financial Holdings exhibits strong financial stability with a debt-free balance sheet and healthy cash flow, contributing positively to its stock score. The stock shows short-term bullish momentum in technical analysis, but caution is advised due to potential overbought conditions. While the valuation is reasonable with a solid dividend yield, challenges from economic uncertainty and increased expenses are notable risks. The earnings call and recent corporate events provide optimism but highlight areas needing improvement, such as loan origination and cost management.
To see Spark’s full report on PROV stock, click here.
More about Provident Financial Holdings
Provident Financial Holdings, Inc., the holding company for Provident Savings Bank, F.S.B., is the largest independent community bank headquartered in Riverside County, California. With over $1.3 billion in total assets and 13 retail banking centers, Provident has been serving the financial needs of its community since 1956. The bank’s operations primarily involve accepting deposits and investing in various types of loans, including single-family, multi-family, commercial real estate, and consumer loans.
Average Trading Volume: 5,536
Technical Sentiment Signal: Buy
Current Market Cap: $101.7M
For an in-depth examination of PROV stock, go to TipRanks’ Stock Analysis page.