- The report contains detailed information about Provident Financial Holdings Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
- Another part of the report is a SWOT-analysis carried out for Provident Financial Holdings Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
- The Provident Financial Holdings Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
- In the part that describes Provident Financial Holdings Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
- Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Provident Financial Holdings Inc. business.
About Provident Financial Holdings Inc.
Provident Financial Holdings, Inc. operates as the holding company for Provident Savings Bank, F.S.B., which provides financial services to consumers and small to mid-sized businesses in the Inland Empire region of southern California.
The company conducts its business operations as Provident Bank, Provident Bank Mortgage (PBM), a division of the company, and through its subsidiary, Provident Financial Corp. The business activities of the company consist of community banking, mortgage banking, investment services, and trustee services.
The companys community banking operations primarily consist of accepting deposits from customers with in the communities surrounding its offices and investing those funds in loans. Through its subsidiary, Provident Financial Corp, the company conducts trustee services for its real estate transactions.
The company is headquartered in Riverside, California and operates 13 banking offices in Riverside County, and one banking office in San Bernardino County. As of June 30, 2010, the company had six PBM loan production offices located in southern California (in Los Angeles, Riverside, San Bernardino, and San Diego counties) and one PBM loan production office in northern California (in Alameda county). PBMs loan production offices include two wholesale offices through which it maintains a network of loan correspondents.
The lending activity of the company includes the origination of first mortgage loans secured by single-family residential properties to be held for sale and to be held for investment. It also originates multi-family and commercial real estate loans and construction, commercial business, consumer, and other loans to be held for investment.
Single-Family Mortgage Loans: The companys predominant lending activity is the origination by PBM of loans secured by first mortgages on owner-occupied, single-family (one to four units) residences in the communities where it has established branches and loan production offices. It also offers secured lines of credit, which are secured by a second mortgage on the borrowers primary residence. It offers adjustable rate mortgage loans at rates and terms competitive with market conditions.
Multi-Family and Commercial Real Estate Mortgage Loans: Multi-family mortgage loans originated by the company are adjustable rate loans, including 3/1, 5/1, and 10/1 hybrids, with a term to maturity of 10 to 30 years and a 25 to 30 year amortization schedule. Commercial real estate loans originated by it are also adjustable rate loans, including 3/1 and 5/1 hybrids, with a term to maturity of 10 years and a 25 year amortization schedule. The companys commercial real estate loan portfolio consists of loans secured by small office buildings, light industrial centers, mini warehouses, and small retail centers, primarily located in southern California.
Construction Mortgage Loans: The company originates two types of construction loans, short-term construction loans and construction/permanent loans. Short-term construction loans include three types of loans: custom construction, tract construction, and speculative construction. It provides construction financing for single-family, multi-family, and commercial real estate properties.
Other mortgage loans: The company makes land loans, primarily lot loans, to accommodate borrowers who intend to build on the land with in a specified period of time. The majority of these land loans are for the construction of single-family residences.
Commercial Business Loans: Commercial business loans are made to customers who are secured by accounts receivable, inventory, business equipment, and/or other assets. Its commercial business loans may be structured as term loans or as lines of credit. Lines of credit are made at variable rates of interest equal to a negotiated margin above the prime rate and term loans are at a fixed or variable rate. Commercial business term loans are made to finance the purchase of assets and have maturities of five years or less. Commercial lines of credit are made for the purpose of providing working capital and are with a term of one year or less. Commercial business loans are often collateralized by equipment, inventory, accounts receivable, or other business assets, including real estate, the liquidation of collateral in the event of a borrower default is often an insufficient source of repayment because accounts receivable may not be collectible, and inventories and equipment may be obsolete or of limited use.
Consumer Loans: The company offers open-ended lines of credit on either a secured or unsecured basis. It offers secured savings lines of credit which have an interest rate that is four percentage points above the FHLB Eleventh District COFI, which adjusts monthly.
Mortgage Banking Activities
The companys mortgage banking involves the origination and sale of single-family mortgages (first and second trust deeds), including equity lines of credit, by PBM for the purpose of generating gains on sale of loans and fee income on the origination of loans. PBM also originates single-family loans to be held for investment.
As of June 30, 2010, the companys investment portfolio included U.S. government sponsored enterprise debt securities, U.S. government agency mortgage-backed securities (MBS), U.S. government sponsored enterprise MBS, private issue collateralized mortgage obligations (CMO), Freddie Mac common stock, Fannie Mae common stock, and other common stock.
The deposits attracted from within the companys market area by offering a selection of deposit instruments, including checking, savings, money market, and time deposits.
Provident Financial Holdings, Inc. was founded in 1956.
The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.
1. PROVIDENT FINANCIAL HOLDINGS INC. COMPANY PROFILE
1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History
2. PROVIDENT FINANCIAL HOLDINGS INC. BUSINESS OVERVIEW
2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units
3. PROVIDENT FINANCIAL HOLDINGS INC. SWOT ANALYSIS
4. PROVIDENT FINANCIAL HOLDINGS INC. FINANCIAL ANALYSIS
4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot
5. PROVIDENT FINANCIAL HOLDINGS INC. COMPETITORS AND INDUSTRY ANALYSIS
5.1. Provident Financial Holdings Inc. Direct Competitors
5.2. Comparison of Provident Financial Holdings Inc. and Direct Competitors Financial Ratios
5.3. Comparison of Provident Financial Holdings Inc. and Direct Competitors Stock Charts
5.4. Provident Financial Holdings Inc. Industry Analysis
5.4.1. Banks and Thrifts Industry Snapshot
5.4.2. Provident Financial Holdings Inc. Industry Position Analysis
6. PROVIDENT FINANCIAL HOLDINGS INC. NEWS & EVENTS
6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events
7. PROVIDENT FINANCIAL HOLDINGS INC. EXPERTS REVIEW1
7.1. Experts Opinion
7.2. Experts Estimates
8. PROVIDENT FINANCIAL HOLDINGS INC. ENHANCED SWOT ANALYSIS2
9. UNITED STATES PESTEL ANALYSIS2
9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors
10. PROVIDENT FINANCIAL HOLDINGS INC. IFE, EFE, IE MATRICES2
10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix
11. PROVIDENT FINANCIAL HOLDINGS INC. PORTER FIVE FORCES ANALYSIS2
12. PROVIDENT FINANCIAL HOLDINGS INC. VRIO ANALYSIS2
APPENDIX: RATIO DEFINITIONS
LIST OF TABLES
Provident Financial Holdings Inc. Key Facts
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
Provident Financial Holdings Inc. Key Executives
Key Executives Biographies1
Key Executives Compensations1
Provident Financial Holdings Inc. Major Shareholders
Provident Financial Holdings Inc. History
Provident Financial Holdings Inc. Products
Revenues by Segment
Revenues by Region
Provident Financial Holdings Inc. Offices and Representations
Provident Financial Holdings Inc. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
Provident Financial Holdings Inc. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
Provident Financial Holdings Inc. Capital Market Snapshot
Provident Financial Holdings Inc. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Banks and Thrifts Industry Statistics
Provident Financial Holdings Inc. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
Provident Financial Holdings Inc. Consensus Recommendations1
Analyst Recommendation Summary1
Price Target Summary1
Experts Recommendation Trends1
Revenue Estimates Analysis1
Earnings Estimates Analysis1
Revenue Estimates Trend1
Earnings Estimates Trend1
LIST OF FIGURES
Provident Financial Holdings Inc. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
Provident Financial Holdings Inc. 1-year Stock Charts
Provident Financial Holdings Inc. 5-year Stock Charts
Provident Financial Holdings Inc. vs. Main Indexes 1-year Stock Chart
Provident Financial Holdings Inc. vs. Direct Competitors 1-year Stock Charts
Provident Financial Holdings Inc. Article Density Chart
1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.
SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.
Enhanced SWOT Analysis
Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:
- How to use the strengths to take advantage of the opportunities?
- How to use the strengths to reduce likelihood and impact of the threats?
- How to overcome the weaknesses that obstruct taking advantage of the opportunities?
- How to overcome the weaknesses that can make the threats a reality?
Upon answering these questions a company can develop a project plan to improve its business performance.
PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.
Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.
Key Factors Examined by PESTEL Analysis:
- Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
- Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
- Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
- Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
- Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
- Legal – What laws and legislation will exert influence on the style the business is carried out?
IFE, EFE, IE Matrices
The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.
The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.
The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.
Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.
Porter Five Forces Analysis
The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:
- What composes a threat of substitute products and services?
- Is there a threat of new competitors entering the market?
- What is the intensity of competitive rivalry?
- How big is the bargaining power of buyers?
- How significant is the bargaining power of suppliers?
VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:
- Tangible resources
- Intangible resources
- Innovation and Creativity
- Organizational capabilities
The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:
- Costly to imitate?
- Organized properly?