---
title: "Provident Financial Holdings Reports Strong Quarterly Earnings Growth"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294095020.md"
description: "Provident Financial Holdings (PROV) reported strong Q2 2026 earnings, with net income rising 61% sequentially and 34% year-over-year to $2.18 million, driven by credit loss recoveries and higher non-interest income. Full-year net income increased 6% to $6.66 million. The stock holds a 'Hold' rating from analysts with a $17 price target, while TipRanks' AI model rates it 'Neutral' due to stable fundamentals but softening revenue."
datetime: "2026-07-28T16:51:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294095020.md)
  - [en](https://longbridge.com/en/news/294095020.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294095020.md)
generator: "portal-rs"
---

# Provident Financial Holdings Reports Strong Quarterly Earnings Growth

Provident Financial Holdings ( (PROV) ) just unveiled an update.

Provident Financial Holdings reported that for the quarter ended June 30, 2026, net income rose 61% sequentially and 34% year over year to $2.18 million, with diluted EPS of $0.35, driven by a recovery of credit losses, higher non-interest income from equity investment gains, and lower funding costs that lifted net interest margin to 3.21%. For fiscal 2026, net income increased 6% to $6.66 million and diluted EPS climbed 11% to $1.03, as improved net interest income, tight expense control, stronger credit quality, and modest balance-sheet shifts in loans and deposits enhanced profitability and returns, while non-performing assets fell to 0.04% of total assets and deposit mix continued to tilt toward higher-yielding time deposits and brokered CDs amid a lower-rate environment.

The most recent analyst rating on (PROV) stock is a Hold  
 with a $17.00 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 Neutral.

The score is primarily driven by stable but softening fundamentals: profitability and cash conversion remain solid, yet revenue is slightly negative and margins/ROE are lower than prior years, with leverage still elevated despite improvement. Technicals add modest support with price above key moving averages and neutral momentum. Valuation is reasonable with a ~3.25% dividend yield, while corporate events are mixed due to shareholder-return actions alongside weaker recent earnings.

To see Spark’s full report on PROV stock,  
 click here. 

**More about Provident Financial Holdings**

Provident Financial Holdings, Inc., listed on NASDAQ as PROV, is the holding company for Provident Savings Bank, F.S.B., a community-oriented financial institution based in Riverside, California. The company focuses on loans held for investment and deposit-gathering, emphasizing core transaction accounts and time deposits, including brokered certificates of deposit, within its regional banking markets.

**Average Trading Volume:** 6,319

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** $107.7M

Find detailed analytics on PROV stock on TipRanks’ Stock Analysis page.

### Related Stocks

- [PROV.US](https://longbridge.com/en/quote/PROV.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**