PVBC
Income statement / Annual
Last year (2024), Provident Bancorp, Inc.'s total revenue was $94.24 M,
a decrease of 2.04% from the previous year.
In 2024, Provident Bancorp, Inc.'s net income was $7.27 M.
See Provident Bancorp, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$94.24 M |
$96.20 M |
$84.55 M |
$69.27 M |
$63.95 M |
$55.65 M |
$46.52 M |
$45.74 M |
$33.33 M |
$29.26 M |
| Cost of Revenue |
$39.97 M
|
$31.45 M
|
$60.73 M
|
$7.26 M
|
$11.53 M
|
$13.47 M
|
$8.54 M
|
$6.66 M
|
$3.49 M
|
$2.98 M
|
| Gross Profit |
$54.27 M
|
$64.76 M
|
$23.82 M
|
$62.01 M
|
$52.42 M
|
$42.18 M
|
$37.98 M
|
$39.08 M
|
$29.84 M
|
$26.28 M
|
| Gross Profit Ratio |
0.58
|
0.67
|
0.28
|
0.9
|
0.82
|
0.76
|
0.82
|
0.85
|
0.9
|
0.9
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$32.97 M
|
$35.26 M
|
$35.58 M
|
$30.41 M
|
$25.34 M
|
$20.01 M
|
$18.23 M
|
$17.00 M
|
$14.19 M
|
$12.74 M
|
| Selling & Marketing Expenses |
$194.00 K
|
$640.00 K
|
$412.00 K
|
$279.00 K
|
$223.00 K
|
$385.00 K
|
$245.00 K
|
$300.00 K
|
$249.00 K
|
$127.00 K
|
| Selling, General & Administrative Expenses |
$33.16 M
|
$35.90 M
|
$35.99 M
|
$30.69 M
|
$25.56 M
|
$20.40 M
|
$18.48 M
|
$17.30 M
|
$14.44 M
|
$12.87 M
|
| Other Expenses |
$11.73 M
|
$14.08 M
|
$15.09 M
|
$9.23 M
|
$10.24 M
|
$7.16 M
|
$6.94 M
|
$6.43 M
|
$6.04 M
|
$8.22 M
|
| Operating Expenses |
$44.89 M
|
$49.98 M
|
$51.08 M
|
$39.92 M
|
$35.81 M
|
$27.56 M
|
$25.41 M
|
$23.75 M
|
$20.48 M
|
$21.09 M
|
| Cost And Expenses |
$84.86 M
|
$81.43 M
|
$111.80 M
|
$47.18 M
|
$47.34 M
|
$41.03 M
|
$33.96 M
|
$30.40 M
|
$23.97 M
|
$24.07 M
|
| Interest Income |
$89.46 M
|
$90.30 M
|
$79.33 M
|
$64.80 M
|
$60.40 M
|
$51.54 M
|
$42.34 M
|
$35.78 M
|
$28.89 M
|
$25.45 M
|
| Interest Expense |
$38.97 M
|
$32.13 M
|
$4.30 M
|
$3.37 M
|
$5.93 M
|
$8.15 M
|
$5.21 M
|
$3.73 M
|
$2.79 M
|
$2.17 M
|
| Depreciation & Amortization |
$1.07 M
|
$1.10 M
|
$1.10 M
|
$1.03 M
|
$1.09 M
|
$1.39 M
|
$914.00 K
|
$811.00 K
|
$832.00 K
|
$713.00 K
|
| EBITDA |
$10.46 M |
$15.87 M |
-$26.16 M |
$23.12 M |
$17.70 M |
$16.01 M |
$13.48 M |
$16.14 M |
$10.20 M |
$5.90 M |
| EBITDA Ratio |
0.11
|
0.16
|
-0.31
|
0.33
|
0.28
|
0.29
|
0.29
|
0.35
|
0.31
|
0.2
|
| Operating Income Ratio |
0.1
|
0.15
|
-0.32
|
0.32
|
0.26
|
0.26
|
0.27
|
0.34
|
0.28
|
0.18
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$9.38 M
|
$14.78 M
|
-$27.26 M
|
$22.09 M
|
$16.61 M
|
$14.62 M
|
$12.56 M
|
$15.33 M
|
$9.36 M
|
$5.19 M
|
| Income Before Tax Ratio |
0.1
|
0.15
|
-0.32
|
0.32
|
0.26
|
0.26
|
0.27
|
0.34
|
0.28
|
0.18
|
| Income Tax Expense |
$2.11 M
|
$3.82 M
|
-$5.79 M
|
$5.95 M
|
$4.63 M
|
$3.81 M
|
$3.24 M
|
$7.42 M
|
$3.03 M
|
$1.37 M
|
| Net Income |
$7.27 M
|
$10.95 M
|
-$21.47 M
|
$16.14 M
|
$11.99 M
|
$10.81 M
|
$9.33 M
|
$7.92 M
|
$6.34 M
|
$3.82 M
|
| Net Income Ratio |
0.08
|
0.11
|
-0.25
|
0.23
|
0.19
|
0.19
|
0.2
|
0.17
|
0.19
|
0.13
|
| EPS |
0.43 |
0.66 |
-1.3 |
0.96 |
0.66 |
0.6 |
1.01 |
0.86 |
0.69 |
0.38 |
| EPS Diluted |
0.43 |
0.66 |
-1.3 |
0.93 |
0.66 |
0.6 |
1 |
0.86 |
0.69 |
0.38 |
| Weighted Average Shares Out |
$16.73 M
|
$16.60 M
|
$16.48 M
|
$16.77 M
|
$18.09 M
|
$17.96 M
|
$9.24 M
|
$9.20 M
|
$9.18 M
|
$9.50 M
|
| Weighted Average Shares Out Diluted |
$16.78 M
|
$16.60 M
|
$16.48 M
|
$17.30 M
|
$18.13 M
|
$18.07 M
|
$9.31 M
|
$9.20 M
|
$9.18 M
|
$9.50 M
|
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