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Stock impact report

Provident Bancorp, Inc. Reports Results for the September 30, 2024 Quarter [Yahoo! Finance]

Provident Bancorp, Inc. (PVBC) 
US:NASDAQ Investor Relations: theprovidentbank.com/investor-relations
Company Research Source: Yahoo! Finance
net income for the quarter ended September 30 , 2024 of , or $0.04 per diluted share, compared to a net loss of $3.3 million , or .20 per diluted share, for the quarter ended June 30, 2024, and net income of .5 million, or per diluted share, for the quarter ended September 30, 2023 . For the nine months ended September 30 , 2024, net income was $2.4 million , or per diluted share, compared to $8.0 million , or per diluted share, for the nine months ended September 30, 2023 . The Company's return on average assets was 0.18% for the quarter ended September 30, 2024 , compared to a loss on average assets of 0.85% for the quarter ended June 30, 2024, and a return on average assets of 0.57% for the quarter ended September 30, 2023 . For the nine months ended September 30, 2024 , the Company's return on average assets was 0.20%, compared to 0.64% for the nine months ended September 30, 2023 . The Company's return on average equity was 1.27% for the quarter ended September 30, 2024 , compare Show less Read more
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