Provident Financial (PROV) - 2025 Q2 - Earnings Call Presentation

Financial Performance - Net income decreased approximately 54% [18] - Pre-Provision, Pre-Tax Income decreased approximately 9% [18] - Net Interest Margin increased seven basis points to 2.91% [18] - Net Interest Income increased approximately 2% [18] - Non-Interest Income decreased approximately 6% [18] - Operating Expenses increased due to approximately $267,000 of non-recurring or intermittent expenses [18] Balance Sheet & Activity - Loans Held for Investment balance increased slightly and the yield increased one basis point at December 31, 2024 [41] - Total Deposits balance increased slightly and the cost decreased five basis points at December 31, 2024 [41] - Total Borrowings balance decreased approximately 2% and the cost decreased 12 basis points at December 31, 2024 [41] - At December 31, 2024, Single-Family loans accounted for 51%, Multi-Family loans 41%, and Commercial Real Estate loans 8% of the Loans Held for Investment Composition [44] - The bank purchased approximately 64,000 shares of common stock in the second quarter of fiscal 2025 [88]