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Provident Bancorp, Inc. (MD) Common Stock
As of May 30, 2026 at 24:05 UTC
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About Provident Bancorp, Inc. (MD) Common Stock
Provident Bancorp Inc provides a range of banking products and services to small and medium-sized commercial customers. It attracts deposits from the general public and uses those funds to originate loans, commercial real estate, construction and land, and commercial business loans, and to invest in securities. The company lending activities include providing commercial real estate loans, multi-family residential real estate loans, commercial business loans, construction and land development loans, one-to four-family residential loans, home equity loans & lines of credit, and consumer loans.
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Latest News
5 articles
Provident Bancorp reported Q2 2025 net income of $2.8 million, up from $2.2 million in Q1 2025, driven by improved net interest income and a credit loss benefit. The bank is preparing for a merger with Needham Bank and completed a sale/leaseback of its main office building.
Provident Bancorp, Inc. reported a decrease in net income for the March 31, 2025 quarter compared to the previous quarters, primarily due to a decline in net interest and dividend income and an increase in noninterest expense.