Provident Bancorp(PVBC) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Provident Bancorp, Inc. Reports Results for the June 30, 2024 Quarter Company Release 07/29/2024 Amesbury, Massachusetts — Provident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported a net loss for the quarter ended June 30, 2024 of $3.3 million, or a loss of$0.20 per diluted share, compared to net income of $5.0 million, or$0.30 per diluted share, for the quarter ended March 31, 2024, and net income of $3.5 million, or$0.21 per diluted s ...