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Provident Bancorp: 2Q Earnings Snapshot

AMESBURY, Mass. (AP) _ Provident Bancorp Inc. (PVBC) on Friday reported second-quarter earnings of $2.5 million.

The bank, based in Amesbury, Massachusetts, said it had earnings of 27 cents per share.

The bank holding company posted revenue of $13.8 million in the period. Its revenue net of interest expense was $11.7 million, which topped Street forecasts.

Provident Bancorp shares have increased 29% since the beginning of the year. In the final minutes of trading on Friday, shares hit $28.04, an increase of 1% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PVBC at https://www.zacks.com/ap/PVBC