Provident Bancorp, Inc. Reports Results for the December 31, 2023 Quarter and Year

AMESBURY, Mass., Jan. 25, 2024 /PRNewswire/ -- Provident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported net income for the quarter ended December 31, 2023 of $2.9 million, or $0.18 per diluted share, compared to $2.5 million, or $0.15 per diluted share, for the quarter ended September 30, 2023, and $2.7 million, or $0.16 per diluted share, for the quarter ended December 31, 2022. The Company reported net income of $11.0 million, or $0.66 per diluted share, for the year ended December 31, 2023. Net loss for the year ended December 31, 2022 was $21.5 million, or ($1.30) per diluted share.

Read more at prnewswire.com