David Mansfield - Provident Bancorp President CEO, Director
| PVBC Stock | USD 11.47 0.17 1.46% |
CEO
Mr. David P. Mansfield is the Director, President and Chief Executive Officer of the company. He is the Chief Executive Officer of The Provident Bank since May 2013, having joined The Provident Bank as Chief Financial Officer in 2001. Mr. Mansfield previously worked as a bank examiner for both the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporationrationration, and is a Certified Financial Analyst. Mr. Mansfields positions as President and Chief Executive Officer foster clear accountability, effective decisionmaking, a clear and direct channel of communication from senior management to the full board of directors, and alignment on corporate strategy. since 2013.
| Age | 62 |
| Tenure | 12 years |
| Address | 5 Market Street, Amesbury, MA, United States, 01913 |
| Phone | 978 834 8555 |
| Web | https://bankprov.com |
David Mansfield Latest Insider Activity
Tracking and analyzing the buying and selling activities of David Mansfield against Provident Bancorp stock is an integral part of due diligence when investing in Provident Bancorp. David Mansfield insider activity provides valuable insight into whether Provident Bancorp is net buyers or sellers over its current business cycle. Note, Provident Bancorp insiders must abide by specific rules, including filing SEC forms every time they buy or sell Provident Bancorp'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
David Mansfield over six months ago Acquisition by David Mansfield of 10294 shares of Provident Bancorp subject to Rule 16b-3 | ||
David Mansfield over six months ago Disposition of 9181 shares by David Mansfield of Perma Pipe at 8.93 subject to Rule 16b-3 | ||
David Mansfield over six months ago Acquisition by David Mansfield of 4289 shares of Provident Bancorp subject to Rule 16b-3 | ||
David Mansfield over six months ago Disposition of 5787 shares by David Mansfield of Provident Bancorp at 7.25 subject to Rule 16b-3 |
Provident Bancorp Management Efficiency
At present, Provident Bancorp's Return On Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.05, whereas Return On Capital Employed is forecasted to decline to 0.01. At present, Provident Bancorp's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 280.2 M, whereas Total Assets are forecasted to decline to about 1.2 B. Provident Bancorp's management efficiency ratios could be used to measure how well Provident Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 8 records | CEO Age | ||
| Matthew CPA | First Northwest Bancorp | 52 | |
| Matthew Deines | First Northwest Bancorp | 51 | |
| William Harrod | First Capital | 68 | |
| Joseph III | First Financial Northwest | 69 | |
| James Kim | Community West Bancshares | 49 | |
| John Fitzgerald | Magyar Bancorp | 61 | |
| Michael Gilfeather | Orange County Bancorp | 67 | |
| Martin Plourd | Community West Bancshares | 66 | |
Management Performance
| Return On Equity | 0.0321 | ||||
| Return On Asset | 0.0045 |
Provident Bancorp Leadership Team
Elected by the shareholders, the Provident Bancorp's board of directors comprises two types of representatives: Provident Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Provident. The board's role is to monitor Provident Bancorp's management team and ensure that shareholders' interests are well served. Provident Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Provident Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Joseph Mancini, Executive COO | ||
| Janine Jakubauskas, Executive BankProv | ||
| Jean Kim, Senior Finance | ||
| Joseph Reilly, CoPresident CoCEO | ||
| Carol Houle, CFO, Executive Vice President | ||
| David Mansfield, President CEO, Director | ||
| Anne Lapointe, Executive Bank | ||
| Joseph Kenney, Executive Bank | ||
| Kimberly Scholtz, Corporate Secretary | ||
| Kenneth Fisher, Senior Finance | ||
| Kevin Barton, Senior Bank | ||
| Kathleen Barrett, VP Marketing | ||
| Denise Gallant, Vice Bank |
Provident Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Provident Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0321 | ||||
| Return On Asset | 0.0045 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.44 % | ||||
| Current Valuation | 74.65 M | ||||
| Shares Outstanding | 17.79 M | ||||
| Shares Owned By Insiders | 19.35 % | ||||
| Shares Owned By Institutions | 45.80 % | ||||
| Number Of Shares Shorted | 115.96 K | ||||
| Price To Earning | 8.49 X |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Provident Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Provident Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Provident Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Provident Bancorp Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Provident Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.