Provident Financial Stock Forum

Insider sales at Provident Financial Services have outweighed insider buying in the last three months, suggesting caution. The longer-term picture also lacks positivity.

Analysts have lowered their revenue forecasts and cut EPS numbers for Provident Financial Holdings following recent results. However, the consensus price target rose, suggesting the downgrade is seen as a temporary setback. The forecasted 5.7% annual revenue decline aligns with the historical trend. Analysts predict Provident to underperform the wider industry.

CEO Craig G. Blunden applauds Tam B. Nguyen's promotion as a reflection of her growing role and sterling performance at Provident. He voices faith in her readiness to strengthen the bank’s community focus as part of the senior management.

Provident Financial Holdings shows promise for dividend growth. With substantial earnings growth and a history of increasing dividends, the company presents value in reinvesting earnings. Worth attention as a dividend stock.