Provident Bancorp Company Insiders
| PVBC Stock | USD 8.11 0.28 3.58% |
Provident Bancorp's insiders are aggressively buying. The analysis of insider sentiment suggests that all Provident Bancorp insiders are, at present, extremely bullish. Provident Bancorp employs about 188 people. The company is managed by 22 executives with a total tenure of roughly 173 years, averaging almost 7.0 years of service per executive, having 8.55 employees per reported executive.
| Joseph Reilly CEO CoPresident CoCEO |
| David Mansfield CEO President CEO, Director |
Provident Bancorp's Insider Buying Vs Selling
100
Selling | Buying |
Latest Trades
| 2023-10-04 | Joseph Stilwell | Acquired 2413 @ 9.39 | View | ||
| 2023-10-02 | Joseph Stilwell | Acquired 2012 @ 9.43 | View | ||
| 2023-09-28 | Joseph Stilwell | Acquired 2485 @ 9.58 | View | ||
| 2023-09-26 | Joseph Stilwell | Acquired 300 @ 9.71 | View | ||
| 2023-09-22 | Joseph Stilwell | Acquired 100 @ 9.75 | View | ||
| 2023-09-20 | Joseph Stilwell | Acquired 2900 @ 9.71 | View | ||
| 2023-09-18 | Joseph Stilwell | Acquired 2272 @ 9.61 | View | ||
| 2023-09-15 | Joseph Stilwell | Acquired 200 @ 9.66 | View | ||
| 2023-09-13 | Joseph Stilwell | Acquired 7200 @ 9.75 | View | ||
| 2023-09-11 | Joseph Stilwell | Acquired 500 @ 9.79 | View | ||
| 2023-09-06 | Joseph Stilwell | Acquired 5027 @ 10.05 | View | ||
| 2023-08-31 | Joseph Stilwell | Acquired 200 @ 9.74 | View | ||
| 2023-08-03 | Kathleen Chase Curran | Acquired 408 @ 9.75 | View | ||
| 2023-08-02 | Carol L Houle | Acquired 9080 @ 9.91 | View | ||
| 2023-07-31 | Laurie H Knapp | Acquired 693 @ 9.72 | View |
Monitoring Provident Bancorp's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
Provident |
Provident Bancorp's Workforce Through the Years
Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with Provident Bancorp's future performance. Based on our forecasts, it is anticipated that Provident will maintain a workforce of about 190 employees by May 2024.Provident Bancorp Management Team Effectiveness
The current year's Return On Tangible Assets is expected to grow to 0.02, whereas Return On Capital Employed is forecasted to decline to 0. At present, Provident Bancorp's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 280.2 M, whereas Total Assets are forecasted to decline to about 1.2 B. Provident Bancorp's management efficiency ratios could be used to measure how well Provident Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.As of April 24, 2024, Common Stock Shares Outstanding is expected to decline to about 15.2 M. The current year's Net Loss is expected to grow to about (18.4 M)
Provident Bancorp Workforce Comparison
Provident Bancorp is regarded third in number of employees category among related companies. The total workforce of Financials industry is at this time estimated at about 1,167. Provident Bancorp retains roughly 188 in number of employees claiming about 16% of equities under Financials industry.
The company has Profit Margin (PM) of 0.17 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.29 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.29. Provident Bancorp Insider Trading History
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Provident Bancorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Provident Bancorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Provident Bancorp insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
| Buy/Sell Ratio | # Purchases Trades | # Sales Trades | Total Shares Purchased | Total Shares Sold | |
|---|---|---|---|---|---|
| 2023-09-01 | 27.0 | 27 | 1 | 61,572 | 0.00 |
| 2022-03-01 | 1.0 | 8 | 8 | 137,510 | 70,200 |
| 2021-12-01 | 0.0909 | 1 | 11 | 60,902 | 160,055 |
| 2021-09-01 | 4.5 | 9 | 2 | 5,029 | 3,000 |
| 2021-06-01 | 1.5 | 3 | 2 | 43,000 | 1,000.00 |
| 2020-12-01 | 8.6667 | 26 | 3 | 929,106 | 11,033 |
| 2019-12-01 | 0.25 | 4 | 16 | 74,992 | 64,164 |
Provident Bancorp Notable Stakeholders
A Provident Bancorp stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Provident Bancorp often face trade-offs trying to please all of them. Provident Bancorp's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Provident Bancorp's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
| Joseph Reilly | CoPresident CoCEO | Profile | |
| David Mansfield | President CEO, Director | Profile | |
| Charles Withee | President Chief Lending Officer and director of The Provident Bank | Profile | |
| Carol Houle | CFO, Executive Vice President | Profile | |
| Joseph Mancini | Executive COO | Profile | |
| Frank Cousins | Director | Profile | |
| Laurie Knapp | Director | Profile | |
| Jay Gould | Director | Profile | |
| John Bosen | Director | Profile | |
| Wayne Tatro | Director | Profile | |
| Arthur Sullivan | Director | Profile | |
| Richard Peeke | Director | Profile | |
| Lisa DeStefano | Director | Profile | |
| Kathleen Barrett | VP Marketing | Profile | |
| Janine Jakubauskas | Executive BankProv | Profile | |
| Jean Kim | Senior Finance | Profile | |
| Anne Lapointe | Executive Bank | Profile | |
| Joseph Kenney | Executive Bank | Profile | |
| Kimberly Scholtz | Corporate Secretary | Profile | |
| Kenneth Fisher | Senior Finance | Profile | |
| Kevin Barton | Senior Bank | Profile | |
| Denise Gallant | Vice Bank | Profile |
About Provident Bancorp Management Performance
The success or failure of an entity such as Provident Bancorp often depends on how effective the management is. Provident Bancorp management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Provident management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Provident management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0 | 0 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.05 | 0.05 |
The data published in Provident Bancorp's official financial statements usually reflect Provident Bancorp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Provident Bancorp. For example, before you start analyzing numbers published by Provident accountants, it's critical to develop an understanding of what Provident Bancorp's liquidity, profitability, and earnings quality are in the context of the Thrifts & Mortgage Finance space in which it operates.
Please note, the presentation of Provident Bancorp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Provident Bancorp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Provident Bancorp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Provident Bancorp. Please utilize our Beneish M Score to check the likelihood of Provident Bancorp's management manipulating its earnings.
Provident Bancorp Workforce Analysis
Traditionally, organizations such as Provident Bancorp use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Provident Bancorp within its industry.Provident Bancorp Manpower Efficiency
Return on Provident Bancorp Manpower
| Revenue Per Employee | 517.9K | |
| Revenue Per Executive | 4.4M | |
| Net Income Per Employee | 58.3K | |
| Net Income Per Executive | 497.9K |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Provident Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.Note that the Provident Bancorp information on this page should be used as a complementary analysis to other Provident Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Provident Stock analysis
When running Provident Bancorp's price analysis, check to measure Provident Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Provident Bancorp is operating at the current time. Most of Provident Bancorp's value examination focuses on studying past and present price action to predict the probability of Provident Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Provident Bancorp's price. Additionally, you may evaluate how the addition of Provident Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Provident Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Provident Bancorp. If investors know Provident will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Provident Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.075 | Earnings Share 0.66 | Revenue Per Share 3.974 | Quarterly Revenue Growth (0.23) | Return On Assets 0.0066 |
The market value of Provident Bancorp is measured differently than its book value, which is the value of Provident that is recorded on the company's balance sheet. Investors also form their own opinion of Provident Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Provident Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Provident Bancorp's market value can be influenced by many factors that don't directly affect Provident Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Provident Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Provident Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Provident Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.