Provident Financial Holdings net income falls 28% to $1.57 million in September quarter
Provident Financial Holdings reported net income of $1.57 million, or $0.25 per diluted share, for the quarter ended September 30, 2026, down from $0.35 per share in the prior quarter and flat with $0.25 a year earlier. Net interest income rose 9% from a year earlier to $9.77 million, but the company recorded a $777,000 provision for credit losses, compared with a $626,000 recovery in the same quarter last year.
Key points
- Net income was $1.57 million, down 28% from $2.18 million in the June 2026 quarter and down 6% from $1.68 million a year earlier.
- Net interest margin was 3.32%, up 32 basis points from 3.00% a year earlier.
- Provision for credit losses was $777,000, versus a $626,000 recovery a year earlier; allowance for credit losses rose to $6.59 million from $5.85 million at June 30, 2026.
- The company repurchased 86,431 shares at an average cost of $18.30 per share and paid a $0.14 quarterly dividend per share.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.