Provident Return On Equity from 2010 to 2025
| PVBC Stock | USD 11.42 0.47 3.95% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.03146434 | Current Value 0.0459 | Quarterly Volatility 0.04109273 |
Check Provident Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Provident Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 953.9 K, Interest Expense of 38.8 M or Selling General Administrative of 5.8 M, as well as many indicators such as Price To Sales Ratio of 2.54, Dividend Yield of 0.0157 or PTB Ratio of 0.74. Provident financial statements analysis is a perfect complement when working with Provident Bancorp Valuation or Volatility modules.
Provident | Return On Equity |
Latest Provident Bancorp's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Provident Bancorp over the last few years. Return on Equity is the amount of Provident Bancorp net income returned as a percentage of Provident Bancorp equity. Return on equity measures Provident Bancorp profitability by revealing how much profit Provident Bancorp generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Provident Bancorp's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Provident Bancorp's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.0321 | 10 Years Trend |
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Return On Equity |
| Timeline |
Provident Return On Equity Regression Statistics
| Arithmetic Mean | 0.04 | |
| Coefficient Of Variation | 91.53 | |
| Mean Deviation | 0.02 | |
| Median | 0.06 | |
| Standard Deviation | 0.04 | |
| Sample Variance | 0 | |
| Range | 0.1777 | |
| R-Value | (0.33) | |
| Mean Square Error | 0 | |
| R-Squared | 0.11 | |
| Significance | 0.21 | |
| Slope | (0) | |
| Total Sum of Squares | 0.03 |
Provident Return On Equity History
About Provident Bancorp Financial Statements
Provident Bancorp stakeholders use historical fundamental indicators, such as Provident Bancorp's Return On Equity, to determine how well the company is positioned to perform in the future. Although Provident Bancorp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Provident Bancorp's assets and liabilities are reflected in the revenues and expenses on Provident Bancorp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Provident Bancorp. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.03 | 0.05 |
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Check out the analysis of Provident Bancorp Correlation against competitors. For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Regional Banks space 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 0.65 | Earnings Share 0.43 | Revenue Per Share | Quarterly Revenue Growth (0.04) | Return On Assets |
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.