Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Provident Bancorp stock | $16.88

Learn how to easily invest in Provident Bancorp stock.

Provident Bancorp, Inc
NASDAQ: PVBC - USD
BANKS-REGIONAL
$15.78
-$0.44 (-2.71%)

Provident Bancorp, Inc is a banks-regional business based in the US. Provident Bancorp shares (PVBC) are listed on the NASDAQ and all prices are listed in US Dollars. Provident Bancorp employs 149 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Provident Bancorp

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – PVBC – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Provident Bancorp stock price (NASDAQ: PVBC)

Use our graph to track the performance of PVBC stocks over time.

Provident Bancorp shares at a glance

Information last updated 2021-07-30.
Latest market close$16.88
52-week range$7.44 - $18.90
50-day moving average $16.23
200-day moving average $14.79
Wall St. target price$16.50
PE ratio 19.012
Dividend yield $0.12 (0.74%)
Earnings per share (TTM) $0.83

Buy Provident Bancorp shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Asset types Option trade fee Annual fee Signup bonus
Sofi Invest
Stocks, ETFs, Cryptocurrency
N/A
0%
Get one free stock worth up to $1,000
Open an account
A free way to invest in stocks, ETFs and crypto.
Webull
Stocks, Options, ETFs
$0
0%
Get one free stock valued between $3.00 and $300 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
Public
Stocks, ETFs
N/A
$0 per month
Download and sign up with Public.com; approved accounts receive a free stock slice worth up to $70, selected from 9 popular stocks.
Open an account
Commission-free trading in stocks and ETFs with a social networking twist.
J.P. Morgan Self-Directed Investing
Stocks, Bonds, Options, Mutual funds, ETFs
$0 + $0.65/contract
0%
N/A
INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
Robinhood
Stocks, Options, ETFs
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Moomoo
Stocks, Options, ETFs
$0
$0 per year
N/A
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Provident Bancorp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Provident Bancorp price performance over time

Historical closes compared with the close of $16.88 from 2021-05-28

1 week (2021-07-21) N/A
1 month (2021-07-01) 3.56%
3 months (2021-04-30) 3.12%
6 months (2021-01-28) N/A
1 year (2020-07-28) N/A
2 years (2019-07-28) N/A
3 years (2018-07-28) N/A
5 years (2016-07-28) N/A

Is Provident Bancorp under- or over-valued?

Valuing Provident Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Provident Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Provident Bancorp's P/E ratio

Provident Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 19x. In other words, Provident Bancorp shares trade at around 19x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Provident Bancorp financials

Revenue TTM $57.6 million
Operating margin TTM 38.86%
Gross profit TTM $52.4 million
Return on assets TTM 1.07%
Return on equity TTM 6.45%
Profit margin 26.13%
Book value $13.74
Market capitalisation $289.3 million

TTM: trailing 12 months

Shorting Provident Bancorp shares

There are currently 167,560 Provident Bancorp shares held short by investors – that's known as Provident Bancorp's "short interest". This figure is 5.2% up from 159,330 last month.

There are a few different ways that this level of interest in shorting Provident Bancorp shares can be evaluated.

Provident Bancorp's "short interest ratio" (SIR)

Provident Bancorp's "short interest ratio" (SIR) is the quantity of Provident Bancorp shares currently shorted divided by the average quantity of Provident Bancorp shares traded daily (recently around 56608.108108108). Provident Bancorp's SIR currently stands at 2.96. In other words for every 100,000 Provident Bancorp shares traded daily on the market, roughly 2960 shares are currently held short.

However Provident Bancorp's short interest can also be evaluated against the total number of Provident Bancorp shares, or, against the total number of tradable Provident Bancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Provident Bancorp's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Provident Bancorp shares in existence, roughly 10 shares are currently held short) or 0.0107% of the tradable shares (for every 100,000 tradable Provident Bancorp shares, roughly 11 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Provident Bancorp.

Find out more about how you can short Provident Bancorp stock.

Provident Bancorp share dividends

21%

Dividend payout ratio: 21.21% of net profits

Recently Provident Bancorp has paid out, on average, around 21.21% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.99% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Provident Bancorp shareholders could enjoy a 0.99% return on their shares, in the form of dividend payments. In Provident Bancorp's case, that would currently equate to about $0.12 per share.

While Provident Bancorp's payout ratio might seem low, this can signify that Provident Bancorp is investing more in its future growth.

Provident Bancorp's most recent dividend payout was on 20 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 5 May 2021 (the "ex-dividend date").

Have Provident Bancorp's shares ever split?

Provident Bancorp's shares were split on a 2021:1000 basis on 16 October 2019. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 2021 shares. This wouldn't directly have changed the overall worth of your Provident Bancorp shares – just the quantity. However, indirectly, the new 50.5% lower share price could have impacted the market appetite for Provident Bancorp shares which in turn could have impacted Provident Bancorp's share price.

Provident Bancorp share price volatility

Over the last 12 months, Provident Bancorp's shares have ranged in value from as little as $7.4387 up to $18.9. A popular way to gauge a stock's volatility is its "beta".

PVBC.US volatility(beta: 1.13)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Provident Bancorp's is 1.1289. This would suggest that Provident Bancorp's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Provident Bancorp overview

Provident Bancorp, Inc. operates as the bank holding company for The Provident Bank that provides various financial services to individuals and small businesses in the United States. It offers checking, term certificate, negotiable order of withdrawal, money market, and savings accounts, as well as certificates of deposit. The company also provides commercial real estate, multi-family residential real estate, commercial business, construction and land development, mortgage warehouse, one- to four-family residential, and consumer loans, as well as home equity loans and lines of credit; and invests in securities, and state and municipal bonds. As of December 31, 2020, it operated through its main office and six branch offices located in Amesbury and Newburyport, Massachusetts; and Bedford, Exeter, Portsmouth, and Seabrook, New Hampshire, as well as two loan production offices located in Boston, Massachusetts, and Ponte Vedra, Florida. Provident Bancorp, Inc. was founded in 1828 and is headquartered in Amesbury, Massachusetts.

Frequently asked questions

What percentage of Provident Bancorp is owned by insiders or institutions?
Currently 13.725% of Provident Bancorp shares are held by insiders and 43.667% by institutions.
How many people work for Provident Bancorp?
Latest data suggests 149 work at Provident Bancorp.
When does the fiscal year end for Provident Bancorp?
Provident Bancorp's fiscal year ends in December.
Where is Provident Bancorp based?
Provident Bancorp's address is: 5 Market Street, Amesbury, MA, United States, 01913
What is Provident Bancorp's ISIN number?
Provident Bancorp's international securities identification number is: US74383L1052
What is Provident Bancorp's CUSIP number?
Provident Bancorp's Committee on Uniform Securities Identification Procedures number is: 74383L105

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site