Provident Financial | 10-Q: FY2026 Q1 Revenue: USD 14.96 M

Revenue: As of FY2026 Q1, the actual value is USD 14.96 M.

EPS: As of FY2026 Q1, the actual value is USD 0.25, missing the estimate of USD 0.29.

EBIT: As of FY2026 Q1, the actual value is USD -6.195 M.

Interest Income: $14.1 million for the quarter ended September 30, 2025, up from $14.1 million in the same quarter of 2024.
Non-Interest Income: $813,000 for the quarter ended September 30, 2025, down from $899,000 in the same quarter of 2024.

Net Income: $1.7 million for the quarter ended September 30, 2025, down from $1.9 million in the same quarter of 2024.
Net Interest Income: $8.9 million for the quarter ended September 30, 2025, up from $8.6 million in the same quarter of 2024.
Non-Interest Expense: $7.6 million for the quarter ended September 30, 2025, up from $7.5 million in the same quarter of 2024.
Provision for Income Taxes: $1.1 million for the quarter ended September 30, 2025, up from $789,000 in the same quarter of 2024.
Efficiency Ratio: 78.35% for the quarter ended September 30, 2025, down from 79.06% in the same quarter of 2024.
Return on Average Assets: 0.55% for the quarter ended September 30, 2025, down from 0.61% in the same quarter of 2024.
Return on Average Equity: 5.17% for the quarter ended September 30, 2025, down from 5.78% in the same quarter of 2024.
Net Interest Margin: 3.00% for the quarter ended September 30, 2025, up from 2.84% in the same quarter of 2024.

Operating Cash Flow: $2.5 million for the quarter ended September 30, 2025, down from $2.6 million in the same quarter of 2024.
Free Cash Flow: Not explicitly stated.

Loans Held for Investment: $1.04 billion at September 30, 2025, down from $1.05 billion at June 30, 2025.
Total Deposits: $874.8 million at September 30, 2025, down from $888.8 million at June 30, 2025.
Non-Performing Loans: $1.9 million at September 30, 2025, up from $1.4 million at June 30, 2025.
Allowance for Credit Losses (ACL): $5.8 million at September 30, 2025, down from $6.4 million at June 30, 2025.

Loan Origination: The Corporation plans to enhance its community banking operations through moderate asset growth, focusing on expanding its single-family, multi-family, commercial real estate, construction, and commercial business lending portfolios.
Deposit Composition: The Corporation aims to improve the composition of its deposit base by reducing reliance on retail time deposits and increasing the proportion of lower-cost checking and savings accounts.
Funding Sources: The Corporation utilizes brokered certificates of deposit and government deposits to diversify its funding sources, based on market conditions and funding requirements.

Investment Services: The Corporation plans to continue offering investment services, including selling alternative investment products such as annuities and mutual funds to the Bank’s depositors.
Trustee Services: Provident Financial Corp (PFC) will continue to perform trustee services for the Bank’s real estate secured loan transactions and may hold real estate for investment in the future.

Capital Management: The Corporation announced a stock repurchase plan on January 23, 2025, authorizing the purchase of up to 334,773 shares of its outstanding common stock over a one-year period. As of September 30, 2025, 150,321 shares remain available for purchase.
Dividend Payments: The Corporation plans to continue paying quarterly cash dividends, with the current rate at $0.14 per share.