Provident Bancorp Inc Total Assets
Provident Bancorp Inc total assets. Based on the latest financial reports, Provident Bancorp Inc (PVBC) holds total assets worth $1.49 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see PVBC stock market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of Provident Bancorp Inc (2013–2024)
Total assets of Provident Bancorp Inc from 2013 to 2024. This chart illustrates how Provident Bancorp Inc's total assets have evolved over time, based on quarterly financial data. See Provident Bancorp Inc (PVBC) share price today for real-time trading data and today's change.
Provident Bancorp Inc - Asset Composition Analysis
Provident Bancorp Inc Total Assets Breakdown (December 2024)
Provident Bancorp Inc total assets breakdown as of December 2024. Provident Bancorp Inc's total assets of $1.49 Billion consist of 11.0% current assets and 89.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.6% |
| Accounts Receivable | $5.30 Million | 0.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Provident Bancorp Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore Provident Bancorp Inc (PVBC) liquidity to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Provident Bancorp Inc's current assets represent 11.0% of total assets in 2024, a decrease from 16.8% in 2013.
- Cash Position: Cash and equivalents constituted 10.6% of total assets in 2024, up from 2.5% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 0.3% of total assets.
Provident Bancorp Inc Competitors by Total Assets
Key competitors of Provident Bancorp Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Societe Generale S.A.
PA:GLE
|
France | €1.55 Trillion |
|
Itau Unibanco Banco Holding SA
NYSE:ITUB
|
USA | $3.14 Trillion |
|
Spar Nord Bank
CO:SPNO
|
Denmark | Dkr143.85 Billion |
|
Bank of Guiyang Co Ltd
SHG:601997
|
China | CN¥746.59 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank Ina Perdana PT
JK:BINA
|
Indonesia | Rp30.24 Trillion |
|
SJF Bank A/S
CO:SJF
|
Denmark | Dkr36.72 Billion |
|
Bank Rakyat Indonesia Agroniaga
JK:AGRO
|
Indonesia | Rp13.34 Trillion |
Provident Bancorp Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.12 | 0.12 | 0.10 |
| Quick Ratio | 0.12 | 0.12 | 0.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.08 Billion | $-1.23 Billion | $-1.12 Billion |
Provident Bancorp Inc - Advanced Valuation Insights
This section examines the relationship between Provident Bancorp Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.00 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | -4.6% |
| Total Assets | $1.59 Billion |
| Market Capitalization | $240.07 Million USD |
Valuation Analysis
Below Book Valuation: The market values Provident Bancorp Inc's assets below their book value (0.15x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Provident Bancorp Inc's assets decreased by 4.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Provident Bancorp Inc (2013–2024)
The table below shows the annual total assets of Provident Bancorp Inc from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.59 Billion | -4.62% |
| 2023-12-31 | $1.67 Billion | +2.07% |
| 2022-12-31 | $1.64 Billion | -5.37% |
| 2021-12-31 | $1.73 Billion | +14.84% |
| 2020-12-31 | $1.51 Billion | +34.21% |
| 2019-12-31 | $1.12 Billion | +15.18% |
| 2018-12-31 | $974.08 Million | +7.96% |
| 2017-12-31 | $902.26 Million | +13.41% |
| 2016-12-31 | $795.54 Million | +7.01% |
| 2015-12-31 | $743.40 Million | +12.87% |
| 2014-12-31 | $658.61 Million | +5.43% |
| 2013-12-31 | $624.66 Million | -- |
About Provident Bancorp Inc
Provident Bancorp, Inc. operates as the bank holding company for BankProv that provides various banking services to commercial and consumer clients in the United States. The company offers checking, term certificate, NOW, money market, and savings accounts, as well as certificates of deposit. It also provides commercial business, commercial real estate, multi-family, construction and land develop… Read more