AMESBURY, Mass. (AP) _ Provident Bancorp Inc. (PVBC) on Thursday reported third-quarter earnings of $3.5 million.
The Amesbury, Massachusetts-based bank said it had earnings of 37 cents per share.
The bank holding company posted revenue of $14.4 million in the period. Its revenue net of interest expense was $12.1 million, which topped Street forecasts.
Provident Bancorp shares have decreased 50% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $10.82, a drop of 61% in the last 12 months.