PROVIDENT FINANCIAL HOLDINGS INC

Provident Financial Holdings, Inc. reported strong financial results for the fourth quarter and fiscal year ended June 30, 2026. Q4 net income increased 34% year-over-year to $2.18 million, with diluted EPS of $0.35. The net interest margin expanded to 3.21%, and non-performing assets significantly decreased. For the full fiscal year, net income grew 6% to $6.66 million, and diluted EPS rose 11% to $1.03. The company also repurchased shares and declared a quarterly dividend.

Provident Financial Holdings, Inc. reported strong financial results for the fourth quarter and fiscal year ended June 30, 2026. Net income for Q4 2026 increased 61% sequentially to $2.18 million, with diluted EPS of $0.35. For the full fiscal year, net income rose 6% to $6.66 million, and diluted EPS increased 11% to $1.03. The company saw an expanded net interest margin of 3.21% and improved credit quality, with non-performing assets significantly reduced. Management highlighted sustained momentum, excellent credit quality, and efficient operations, reinforcing their commitment to shareholder value through share repurchases and dividends.

Provident Financial Holdings, Inc. announced the appointment of Donavon P. Ternes to the Boards of Directors of both the Corporation and Provident Savings Bank, F.S.B., effective July 23, 2026. Mr. Ternes, who is currently the President and CEO, will fill vacancies created by a director's passing. Additionally, Michael S. Van Stockum was appointed Senior Vice President and Chief Lending Officer of the Bank, bringing over 40 years of lending experience to the role.

Provident Financial Holdings, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.14 per share. Shareholders of record at the close of business on August 13, 2026, will be eligible to receive this dividend. The payment date for the cash dividend is scheduled for September 3, 2026.

Provident Financial Holdings, Inc. announced it will release its earnings for the fourth quarter and fiscal year 2026 before market open on Tuesday, July 28, 2026. The company will also host a conference call for institutional investors and bank analysts on Wednesday, July 29, 2026, at 9:00 a.m. Pacific time to discuss the financial results. An audio replay of the conference call will be available through August 5, 2026.

Provident Financial Holdings, Inc. announced the retirement of David S. Weiant from his role as Senior Vice President and Chief Lending Officer of Provident Savings Bank, F.S.B., effective July 15, 2026. The company has begun a search for his successor, with existing management and staff temporarily taking over his responsibilities. The company expressed gratitude for Mr. Weiant's 19 years of service, noting that his retirement was not a result of any disagreements.

Provident Financial Holdings, Inc. (PROV) proudly announced its 70th anniversary of serving the Riverside and San Bernardino County communities. The company highlighted its significant charitable contributions, totaling over $984,000 to local nonprofits since 2006, including over $38,000 in 2025 alone, through its Community Partnership Program. Provident Bank, with approximately $1.2 billion in total assets, was also recognized as one of America's Best Regional Banks for 2026 by Newsweek.

Provident Financial Holdings Inc. reported net income of $1.35 million, or $0.21 per diluted share, for Q3 fiscal 2026, representing a 27% decrease year-over-year. Despite the decline in net income, the company's net interest margin expanded by 11 basis points to 3.13%. The Board of Directors also authorized a new stock repurchase program for up to five percent of outstanding shares, and the company repurchased 91,532 shares during the quarter.

Provident Financial Holdings, Inc. reported net income of $1.35 million, or $0.21 per diluted share, for the third quarter of fiscal year 2026, a 27% decrease from the prior year. The decrease was primarily due to a provision for credit losses and lower non-interest income. Despite this, the company's net interest margin expanded to 3.13%, and credit quality remained strong with non-performing assets decreasing. The Board of Directors also authorized a new stock repurchase program for up to five percent of outstanding shares, reflecting confidence in the company's capital position and long-term outlook.

Provident Financial Holdings, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.14 per share. Shareholders of record at the close of business on May 14, 2026, will be entitled to receive this dividend. The payment date for the cash dividend is scheduled for June 4, 2026.