Provident Story

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PVBC -- USA Stock  

USD 10.65  0.17  1.57%

Provident Bancorp Earnings Before Interest Taxes and Depreciation Amortization EBITDA are projected to increase significantly based on the last few years of reporting. The past year's Earnings Before Interest Taxes and Depreciation Amortization EBITDA were at 6.59 Million. The current year Earnings before Tax is expected to grow to about 6.2 M, whereas Net Income Per Employee is forecasted to decline to about 62.4 K. While some baby boomers are getting worried about financial services space, it is reasonable to go over Provident Bancorp. We will cover the possibilities of making Provident Bancorp into a steady grower in November. In this post, I will also go over a few different drivers affecting Provident Bancorp's products and services, and explain how it may impact Provident Bancorp investors.
Published over a month ago
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Here is why Provident Bancorp (NASDAQ:PVBC) can still attract investors
We provide trade recommendations to complement the recent expert consensus on Provident Bancorp. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time.

And What about dividends?

A dividend is the distribution of a portion of Provident Bancorp earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Provident Bancorp dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Provident one year expected dividend income is about $0.02 per share.
Investing in stocks that pay dividends, such as stock of Provident Bancorp, is one of many strategies that are good for long-term investments. Ex-dividend dates are significant because investors in Provident Bancorp must own a stock before its ex-dividend date to receive its next dividend. This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Provident Bancorp. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How important is Provident Bancorp's Liquidity

Provident Bancorp financial leverage refers to using borrowed capital as a funding source to finance Provident Bancorp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Provident Bancorp financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Provident Bancorp's total debt and its cash.

How Provident utilizes its cash?

To perform a cash flow analysis of Provident Bancorp, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Provident Bancorp is receiving and how much cash it distributes out in a given period. The Provident Bancorp cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Provident Bancorp Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 17.51 Million

Provident Bancorp exotic insider transaction detected

Legal trades by Provident Bancorp insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Provident insider trading alert for general transaction of stock options by Piette Barbara, the corporate stakeholder, on 25th of November 2020. This event was filed by Provident Bancorp Inc with SEC on 2020-11-25. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking down the case for Provident Bancorp

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Provident Bancorp has an asset utilization ratio of 6.05 percent. This suggests that the company is making $0.0605 for each dollar of assets. An increasing asset utilization means that Provident Bancorp is more efficient with each dollar of assets it utilizes for everyday operations.
 2019 2020 (projected)
Share Based Compensation270.9 K269.32 K
Net Cash Flow from Operations17.51 M18.89 M

Provident Bancorp is epected to finish above $7.95 in November

The kurtosis is down to 0.99 as of today. Provident Bancorp currently demonstrates below-verage downside deviation. It has Information Ratio of -0.02 and Jensen Alpha of 0.06. However, we do advice investors to further question Provident Bancorp expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Final Takeaway

Whereas some other entities in the banks?regional industry are either recovering or due for a correction, Provident Bancorp may not be performing as strong as the other in terms of long-term growth potentials. To summarize, as of the 18th of October 2020, we believe Provident Bancorp is currently undervalued. It barely shadows the market and projects below average odds of financial distress in the next two years. Our latest 30 days Buy-Hold-Sell recommendation on the company is Cautious Hold.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Provident Bancorp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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