Provident Bancorp (PVBC) Revenue & Revenue Breakdown
Provident Bancorp Revenue Highlights
Latest Revenue (Y)
$97.36M
Latest Revenue (Q)
$7.02M
Main Segment (Y)
Bank Servicing
Main Geography (Y)
Bank Servicing
Provident Bancorp Revenue by Period
Provident Bancorp Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $97.36M | 19.93% |
| 2022-12-31 | $81.18M | 21.89% |
| 2021-12-31 | $66.60M | 14.80% |
| 2020-12-31 | $58.02M | 22.13% |
| 2019-12-31 | $47.50M | 15.00% |
| 2018-12-31 | $41.30M | -1.68% |
| 2017-12-31 | $42.01M | 37.54% |
| 2016-12-31 | $30.54M | 12.78% |
| 2015-12-31 | $27.08M | 8.82% |
| 2014-12-31 | $24.89M | 3.03% |
| 2013-12-31 | $24.16M | - |
Provident Bancorp generated $97.36M in revenue during NA 2023, up 19.93% compared to the previous quarter, and up 235.71% compared to the same period a year ago.
Provident Bancorp Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $7.02M | -70.00% |
| 2024-03-31 | $23.39M | -7.23% |
| 2023-12-31 | $25.21M | 63.92% |
| 2023-09-30 | $15.38M | -5.77% |
| 2023-06-30 | $16.32M | -6.87% |
| 2023-03-31 | $17.53M | -15.26% |
| 2022-12-31 | $20.68M | -1.95% |
| 2022-09-30 | $21.09M | 4.65% |
| 2022-06-30 | $20.16M | 4.74% |
| 2022-03-31 | $19.25M | 9.10% |
| 2021-12-31 | $17.64M | 1.81% |
| 2021-09-30 | $17.33M | 10.32% |
| 2021-06-30 | $15.71M | -1.38% |
| 2021-03-31 | $15.93M | -2.22% |
| 2020-12-31 | $16.29M | 9.27% |
| 2020-09-30 | $14.91M | 8.49% |
| 2020-06-30 | $13.74M | 5.02% |
| 2020-03-31 | $13.08M | 4.30% |
| 2019-12-31 | $12.54M | 3.69% |
| 2019-09-30 | $12.10M | 3.77% |
| 2019-06-30 | $11.66M | 4.04% |
| 2019-03-31 | $11.20M | 3.47% |
| 2018-12-31 | $10.83M | 3.49% |
| 2018-09-30 | $10.46M | 1.76% |
| 2018-06-30 | $10.28M | 5.65% |
| 2018-03-31 | $9.73M | -25.37% |
| 2017-12-31 | $13.04M | 17.15% |
| 2017-09-30 | $11.13M | 23.58% |
| 2017-06-30 | $9.01M | 1.97% |
| 2017-03-31 | $8.83M | 11.27% |
| 2016-12-31 | $7.94M | -1.71% |
| 2016-09-30 | $8.08M | 10.45% |
| 2016-06-30 | $7.31M | 1.30% |
| 2016-03-31 | $7.22M | 1.22% |
| 2015-12-31 | $7.13M | 1.28% |
| 2015-09-30 | $7.04M | 7.32% |
| 2015-06-30 | $6.56M | 3.32% |
| 2015-03-31 | $6.35M | -1.76% |
| 2014-12-31 | $6.46M | 3.94% |
| 2014-09-30 | $6.22M | -1.89% |
| 2014-06-30 | $6.34M | 8.06% |
| 2014-03-31 | $5.87M | - |
Provident Bancorp generated $7.02M in revenue during Q2 2024, up -70.00% compared to the previous quarter, and up 40.04% compared to the same period a year ago.
Provident Bancorp Revenue Breakdown
Provident Bancorp Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 19 |
|---|---|
| Deposit Account | $1.45M |
| Bank Servicing | $1.78M |
Provident Bancorp's latest annual revenue breakdown by segment (product or service), as of Dec 19: Bank Servicing (55.12%), and Deposit Account (44.88%).
Quarterly Revenue by Product
| Product/Service | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|
| Deposit Account | $264.00K | $352.00K | $363.00K | $404.00K |
| Bank Servicing | $261.00K | $460.00K | $415.00K | $450.00K |
Provident Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Jun 20: Deposit Account (50.29%), and Bank Servicing (49.71%).
Provident Bancorp Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 19 | Dec 18 |
|---|---|---|
| Bank Servicing | $1.78M | $1.99M |
| Deposit Account | $1.45M | $1.44M |
Provident Bancorp's latest annual revenue breakdown by geography, as of Dec 19: Bank Servicing (55.12%), and Deposit Account (44.88%).
Quarterly Revenue by Country
| Country | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Dec 18 | Sep 18 | Jun 18 |
|---|---|---|---|---|---|---|---|
| Deposit Account | $264.00K | $352.00K | $363.00K | $404.00K | $354.00K | $380.00K | $339.00K |
| Bank Servicing | $261.00K | $460.00K | $415.00K | $450.00K | $442.00K | $502.00K | $594.00K |
Provident Bancorp's latest quarterly revenue breakdown by geography, as of Jun 20: Deposit Account (50.29%), and Bank Servicing (49.71%).
Provident Bancorp Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| SSBK | Southern States Bancshares | $141.25M | $40.00M |
| OBT | Orange County Bancorp | $131.19M | $32.51M |
| FNWB | First Northwest Bancorp | $104.92M | $28.10M |
| PVBC | Provident Bancorp | $97.36M | $7.02M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| FCAP | First Capital | $51.24M | $14.24M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| MGYR | Magyar Bancorp | $30.42M | $12.74M |
| HVBC | HV Bancorp | $25.74M | $6.58M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $23.45M | $8.40M |
| OFED | Oconee Federal Financial | $16.61M | $3.21M |
PVBC Revenue FAQ
What is Provident Bancorp’s yearly revenue?
Provident Bancorp's yearly revenue for 2023 was $97.36M, representing an increase of 19.93% compared to 2022. The company's yearly revenue for 2022 was $81.18M, representing an increase of 21.89% compared to 2021. PVBC's yearly revenue for 2021 was $66.6M, representing an increase of 14.80% compared to 2020.
What is Provident Bancorp’s quarterly revenue?
Provident Bancorp's quarterly revenue for Q2 2024 was $7.02M, a -70.00% decrease from the previous quarter (Q1 2024), and a -57.01% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $23.39M, a -7.23% decrease from the previous quarter (Q4 2023), and a 33.46% increase year-over-year (Q1 2023). PVBC's quarterly revenue for Q4 2023 was $25.21M, a 63.92% increase from the previous quarter (Q3 2023), and a 21.90% increase year-over-year (Q4 2022).
What is Provident Bancorp’s revenue growth rate?
Provident Bancorp's revenue growth rate for the last 3 years (2021-2023) was 46.19%, and for the last 5 years (2019-2023) was 104.96%.
What are Provident Bancorp’s revenue streams?
Provident Bancorp's revenue streams in c 19 are Deposit Account, and Bank Servicing. Deposit Account generated $1.45M in revenue, accounting 44.88% of the company's total revenue Bank Servicing generated $1.78M in revenue, accounting 55.12% of the company's total revenue
What is Provident Bancorp’s main source of revenue?
For the fiscal year ending Dec 19, the largest source of revenue of Provident Bancorp was Bank Servicing. This segment made a revenue of $1.78M, representing 55.12% of the company's total revenue.