Provident Financial FY26 net income rises 6% to $6.7 million; net interest margin widens 16 basis points to 3.09% - PROV News | RalliesProvident Financial FY26 net income rises 6% to $6.7 million; net interest margin widens 16 basis points to 3.09%
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PROV• FY26 results
- Provident Financial Holdings posted net income of $6.7 million, up 6% from the prior fiscal year; diluted EPS rose to $1.03.
- Net interest income climbed 2% to $36.3 million; net interest margin widened 16 basis points to 3.09%.
- Total interest expense fell 8% to $19.6 million, led by a 22% drop in borrowing costs to $7.7 million.
- Non-interest income increased 6% to $3.7 million; other non-interest income rose 19% to $873,000 on a Visa share conversion gain.
- Total assets slipped 3% to $1.21 billion; deposits rose 2% to $910.4 million while borrowings dropped 26% to $157 million.
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