FeesSafety
Pluang+

Provident Financial reports Q1 fiscal 2027 net income down 28% sequentially, with improved net interest margin.

Company Fundamentals
27 Oct 2026, 13:00 WIB
GlobeNewsWire
View Source
Neutral
Provident Financial reports Q1 fiscal 2027 net income down 28% sequentially, with improved net interest margin.

Provident Financial Holdings reported a net income of $1.57 million for Q1 fiscal 2027, a 28% decrease from the previous quarter and a 6% decline from the same quarter last year. The drop was mainly due to a higher provision for credit losses and lower non-interest income, despite a rise in net interest income and margin to 3.32%. Loans held for investment slightly increased to $1.04 billion, while total deposits decreased by 1%. The company maintained strong credit quality and capital ratios, continuing share repurchases and dividends to support shareholder value.

Provident Financial Holdings reported a net income decline in Q1 fiscal 2027. For readers following the Financials sector, here is Pluang's market snapshot as of Oct 27, 2026 16:11 WIB: out of 142 priced Financials-sector US stocks, 70 rose and 64 fell. Notable movers include NU at USD 12.83 with a 1-day change of +1.91% and Pluang order activity of 95% Buy, and MFG at USD 9.69 with a 1-day change of +1.89% and 100% Sell order activity.

More News

CareCloud appoints Mitchell Brie as Chief Compliance Officer to boost its healthcare compliance services.

CareCloud appoints Mitchell Brie as Chief Compliance Officer to boost its healthcare compliance services.

CareCloud has named Mitchell Brie as Chief Compliance Officer to lead its growing healthcare compliance business. Brie, founder of Empower Healthcare & Compliance Partners (acquired by CareCloud), will oversee corporate compliance and continue as Pre...

Market News
Bullish
49 minutes ago
Defense contractors must review CUI access before licensing Microsoft 365 Copilot in GCC High cloud.

Defense contractors must review CUI access before licensing Microsoft 365 Copilot in GCC High cloud.

eSoftware Associates advises defense contractors to carefully map controlled unclassified information (CUI) access permissions before licensing Microsoft 365 Copilot in the GCC High cloud environment. Moving to GCC High does not automatically grant c...

Market News
Neutral
1 hour ago
Man Group discloses 5.64% stake in Vesuvius plc amid offer involving RHI Magnestia N.V.

Man Group discloses 5.64% stake in Vesuvius plc amid offer involving RHI Magnestia N.V.

Man Group PLC has publicly disclosed holding a 5.64% interest in Vesuvius plc, including direct shares and cash-settled derivatives. This disclosure is related to an ongoing offer involving RHI Magnestia N.V., which is also named in the filing. The d...

Neutral
1 hour ago
Nautilus reports Q3 2026 results with $0.2M revenue, $15.6M net loss, and advances in proteome analysis tech.

Nautilus reports Q3 2026 results with $0.2M revenue, $15.6M net loss, and advances in proteome analysis tech.

Nautilus Biotechnology announced its Q3 2026 financial results, reporting $0.2 million in revenue mainly from grants and early access services, and a net loss of $15.6 million. The company highlighted progress in its proteome analysis platform, inclu...

Company Fundamentals
Bullish
2 hours ago
Eviden launches ASTRA-LAS, a new AI-powered tactical decision-support tool for naval operations.

Eviden launches ASTRA-LAS, a new AI-powered tactical decision-support tool for naval operations.

Eviden, part of Atos Group, has introduced ASTRA-LAS, a tactical decision-support solution designed to aid naval officers in complex maritime environments. The system uses operational data and AI to enhance situational awareness, reduce cognitive loa...

Others
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App