• Provident Bancorp Inc (Maryland) PVBC.OQ reported quarterly adjusted earnings of 17 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -20 cents. The lone analyst forecast for the quarter was for earnings of 12 cents per share.

• Revenue rose 16.9% to $15.76 million from a year ago; analysts expected $15.00 million.

• Provident Bancorp Inc (Maryland)'s reported EPS for the quarter was 17 cents​.

• The company reported quarterly net income of $2.82 million.

• Provident Bancorp Inc (Maryland) shares had risen by 1.6% this quarter and gained 11.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 13.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy."

• Wall Street's median 12-month price target for Provident Bancorp Inc (Maryland) is $12.50, about 1.5% below its last closing price of $12.69

This summary was machine generated from LSEG data July 28 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)