Provident Bancorp Reports Earnings of $4.9 Million in Q4
AMESBURY, Mass. - Provident Bancorp Inc. (PVBC) announced a net income of $4.9 million for its fourth quarter, amounting to earnings per share of 29 cents. The Amesbury-based bank generated revenue of $24.4 million, with a net interest income of $15 million, exceeding analysts' expectations.
For the full year, Provident Bancorp reported a profit of $7.3 million (43 cents per share) and revenue of $56.4 million.