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Provident Financial Holdings (Provident Financial Holdings) Net Margin % : 22.19% (As of Dec. 2023)


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What is Provident Financial Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Provident Financial Holdings's Net Income for the three months ended in Dec. 2023 was $2.14 Mil. Provident Financial Holdings's Revenue for the three months ended in Dec. 2023 was $9.65 Mil. Therefore, Provident Financial Holdings's net margin for the quarter that ended in Dec. 2023 was 22.19%.

The historical rank and industry rank for Provident Financial Holdings's Net Margin % or its related term are showing as below:

PROV' s Net Margin % Range Over the Past 10 Years
Min: 3.66   Med: 12.04   Max: 25.04
Current: 19.94


PROV's Net Margin % is ranked worse than
67.42% of 1458 companies
in the Banks industry
Industry Median: 25.41 vs PROV: 19.94

Provident Financial Holdings Net Margin % Historical Data

The historical data trend for Provident Financial Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Provident Financial Holdings Net Margin % Chart

Provident Financial Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.72 18.79 21.47 25.04 20.93

Provident Financial Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.93 22.38 17.44 17.82 22.19

Competitive Comparison of Provident Financial Holdings's Net Margin %

For the Banks - Regional subindustry, Provident Financial Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Provident Financial Holdings's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Provident Financial Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Provident Financial Holdings's Net Margin % falls into.



Provident Financial Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Provident Financial Holdings's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=8.592/41.06
=20.93 %

Provident Financial Holdings's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=2.141/9.649
=22.19 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Provident Financial Holdings  (NAS:PROV) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Provident Financial Holdings Net Margin % Related Terms

Thank you for viewing the detailed overview of Provident Financial Holdings's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Provident Financial Holdings (Provident Financial Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3756 Central Avenue, Riverside, CA, USA, 92506
Provident Financial Holdings Inc is engaged in providing community and mortgage banking services to consumers and small to mid-sized businesses in the Inland Empire region of Southern California. The company's business segment is Bank. The Bank's activities include attracting deposits, offering banking services and originating and purchasing single-family, multi-family, commercial real estate, construction and, to a lesser extent, other mortgages, commercial business and consumer loans. It offers business checking accounts, other business banking services and services loans for others.
Executives
Kathy Michalak director 3756 CENTRAL AVENUE, RIVERSIDE CA 92506
Roy Taylor director 3756 CENTRAL AVENUE, RIVERSIDE CA 92506
William E Thomas director 3756 CENTRAL AVENUE, RIVERSIDE CA 92506
Bruce Bennett director 3756 CENTRAL AVENUE, RIVERSIDE CA 92506
Craig G Blunden director, officer: President & CEO
Donavon P Ternes officer: Senior Vice President 3756 CENTRAL AVENUE, RIVERSIDE CA 92506
David Weiant officer: Senior Vice President 3756 CENTRAL AVENUE, RIVERSIDE CA 92506
Lilian Brunner officer: Senior Vice President 3756 CENTRAL AVE., RIVERSIDE CA 92506
Debbi Guthrie director 3756 CENTRAL AVENUE, RIVERSIDE CA 92506
Robert Scott Ritter officer: Senior Vice President 3756 CENTRAL AVENUE, RIVERSIDE CA 92506
Richard L Gale officer: Senior Vice President
Judy A Carpenter director 3756 CENTRAL AVENUE, RIVERSIDE CA 92506
Joseph Barr director 3756 CENTRAL AVENUE, RIVERSIDE CA 92506
Gwendolyn Wertz officer: Senior Vice President 9590 FOOTHILL BLVD C/O CORPORATE SERVCS, RANCHO CUCAMONGA CA 91730
Kathryn R Gonzales officer: Senior Vice President 3756 CENTRAL AVE., RIVERSIDE CA 92506

Provident Financial Holdings (Provident Financial Holdings) Headlines