Provident Bancorp Net Income vs. Operating Margin
| PVBC Stock | USD 11.79 0.10 0.84% |
Net Income | First Reported 2013-12-31 | Previous Quarter -3.3 M | Current Value 716 K | Quarterly Volatility 8.1 M |
For Provident Bancorp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Provident Bancorp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Provident Bancorp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Provident Bancorp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Provident Bancorp over time as well as its relative position and ranking within its peers.
Provident |
Provident Bancorp's Revenue Breakdown by Earning Segment
Check out Your Equity Center.
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 (0.73) | Earnings Share 0.32 | Revenue Per Share 3.314 | Quarterly Revenue Growth (0.20) | Return On Assets 0.0031 |
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.
Provident Bancorp Operating Margin vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Provident Bancorp's current stock value. Our valuation model uses many indicators to compare Provident Bancorp value to that of its competitors to determine the firm's financial worth. Provident Bancorp is regarded fifth in net income category among its peers. It is rated below average in operating margin category among its peers . The ratio of Net Income to Operating Margin for Provident Bancorp is about 75,753,804 . At present, Provident Bancorp's Net Income is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Provident Bancorp's earnings, one of the primary drivers of an investment's value.Provident Operating Margin vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Provident Bancorp |
| = | 10.95 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Provident Bancorp |
| = | 0.14 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Provident Operating Margin Comparison
Provident Bancorp is currently under evaluation in operating margin category among its peers.
Provident Bancorp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Provident Bancorp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Provident Bancorp will eventually generate negative long term returns. The profitability progress is the general direction of Provident Bancorp's change in net profit over the period of time. It can combine multiple indicators of Provident Bancorp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -8.7 M | -8.3 M | |
| Operating Income | 1.1 M | 1 M | |
| Income Before Tax | 14.8 M | 15.5 M | |
| Total Other Income Expense Net | 14.8 M | 15.5 M | |
| Net Loss | -19.3 M | -18.4 M | |
| Net Income | 11 M | 11.5 M | |
| Income Tax Expense | 3.8 M | 2.2 M | |
| Net Income From Continuing Ops | 10.7 M | 11.3 M | |
| Net Interest Income | 63.4 M | 50.9 M | |
| Interest Income | 87.7 M | 58.2 M | |
| Change To Netincome | 7.1 M | 7.4 M | |
| Net Income Per Share | 0.66 | 0.50 | |
| Income Quality | 0.51 | 0.48 | |
| Net Income Per E B T | 0.74 | 0.57 |
Provident Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Provident Bancorp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Provident Bancorp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Provident Bancorp's important profitability drivers and their relationship over time.
Use Provident Bancorp in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Provident Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Provident Bancorp will appreciate offsetting losses from the drop in the long position's value.Provident Bancorp Pair Trading
Provident Bancorp Pair Trading Analysis
The ability to find closely correlated positions to Provident Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Provident Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Provident Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Provident Bancorp to buy it.
The correlation of Provident Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Provident Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Provident Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Provident Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Provident Bancorp position
In addition to having Provident Bancorp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Software Thematic Idea Now
Software
Companies that develop and distribute software and software systems to individuals or business. The Software theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Software Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Your Equity Center. For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
To fully project Provident Bancorp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Provident Bancorp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Provident Bancorp's income statement, its balance sheet, and the statement of cash flows.