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Provident Bancorp, Inc. Create: Alert

All | News | Filings
Date FiledTypeDescription
01/27/2020 8-K Quarterly results
Docs: "Amesbury, Massachusetts — Provident Bancorp, Inc. , the holding company for The Provident Bank , reported net income for the three months ended December 31, 2019 of $2.6 million, or $0.14 per diluted share, compared to $2.8 million, or $0.15 per diluted share, for the three months ended December 31, 2018. Net income for the year ended December 31, 2019 was $10.8 million, or $0.60 per diluted share, compared to $9.3 million, or $0.50 per diluted share, for the year ended December 31, 2018. As a result of the completion of the second-step conversion and related stock offering, all historical share and per share information has been restated to reflect the 2.0212-to-one exchange ratio. David Mansfield, CEO of The Provident Bank commented, “Our strong year-end financial performance is highligh...",
"The Provident Bank Acquires ResX Warehouse Lending Portfolio – The Provident Bank has entered the Warehouse Lending business by acquiring United Bank's legacy ResX Warehouse Lending portfolio from People's United Bank, N.A. on January 17, 2020. “The expertise and leadership of the ResX team provided us an opportunity to obtain a portfolio that is immediately accretive to earnings,” said David Mansfield, CEO of The Provident Bank. “The warehouse lending business is a niche business that parallels our strategy of engaging in specialized businesses where we can have expertise and focus. Our technology and banking products provide a compelling reason for businesses to transact with The Provident Bank,” he said. ResX Warehouse Lending, a division of The Provident Bank, will conduct business fro..."
12/19/2019 8-K Quarterly results
10/22/2019 8-K Quarterly results
09/26/2019 8-K Other Events
09/18/2019 8-K Quarterly results
08/12/2019 8-K Quarterly results

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