Monitor the pace of repurchases under the new authorization and any updates on the dividend amount. The small remaining balance on the prior plan suggests the new authorization may be utilized gradually.
Price Chart
Executive Summary
Provident Financial Holdings announced a new 5% stock buyback authorization (up to ~305,477 shares) to commence after the current plan is exhausted, with ~21,674 shares remaining. Separately, the company declared a quarterly cash dividend. These capital return actions are routine for a community bank and do not signal a change in fundamentals.
Key Facts
- Board authorized repurchase of up to 5% of common stock, approximately 305,477 shares.
- New plan will commence after the January 2026 plan is fulfilled or expires.
- Approximately 21,674 shares remain for purchase under the January 2026 plan.
- Repurchases may occur in open market or privately negotiated transactions over one year.
- Company also announced a quarterly cash dividend (amount not specified in provided text).
Financial Impact
Up to 5% of outstanding shares (~305,477 shares) authorized for repurchase; no dollar amount stated.
Risk Factors
- Repurchase execution depends on market conditions, capital requirements, and available cash.
- Forward-looking statements subject to interest rate and real estate market risks.
Investment Themes
Documents Analyzed
This report is based on 2 press releases from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3386987 |
| PRESS-RELEASE Data (Synthetic) | press-3386984 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | 8-K | $18.20 | awaiting T+5 | — | $18.20 (−0.00%) |
Oct 27, 2026 today | Press Release | $18.20 | awaiting T+5 | — | $18.20 (−0.00%) |
Oct 23, 2026 4d ago | 8-K | $18.20 | awaiting T+5 | — | $18.20 (+0.00%) |
Oct 23, 2026 4d ago | 8-K | $18.20 | awaiting T+5 | — | $18.20 (+0.00%) |
Oct 22, 2026 4d ago | Press Release | $18.20 | awaiting T+5 | — | $18.20 (+0.00%) |
Oct 9, 2026 18d ago | DEF 14A | $18.26 $18.15 | ▼ −0.60% | ▲ +1.37% | $18.20 (−0.33%) |
Jul 28, 2026 13w ago | 8-K | $17.60 $17.90 | ▲ +1.70% | ▼ −0.56% | $18.20 (+3.41%) |
Jul 24, 2026 13w ago | 8-K | $17.22 $17.76 | ▲ +3.14% | ▲ +2.76% | $18.20 (+5.69%) |
Jul 23, 2026 13w ago | Press Release | $17.22 $17.76 | ▲ +3.14% | ▲ +2.76% | $18.20 (+5.69%) |
Apr 28, 2026 26w ago | 8-K | $17.14 $17.10 | ▲ +0.23% | ▲ +1.93% | $18.20 (−6.18%) |
US Market Status
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