Provident Financial Holdings, Inc. · NASDAQ:PROV
Provident Financial — Q2 2026 Earnings Presentation
16 slides from Provident Financial's earnings presentation, Jan 28, 2026
Slide 1: Second Quarter of Fiscal 2026
Second Quarter of Fiscal 2026 December 31, 2025 myprovident.com
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation contains statements that the Company believes are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to the Company’s financial condition, liquidity, results of operations, plans, ob
Slide 3: Market Highlights
Market Highlights Provident Financial Holdings, Inc. Nasdaq GS: PROV Share Price: $15.91 52-Week Range: $12.98 - $16.36 Shares Outstanding: 6,414,751 shares Market Capitalization: $102.1 million P/E (ttm): 16.07x Diluted EPS (ttm): $0.99 Annual Dividend & Yield: $0.56 (3.52%) As of December 31, 2025
Slide 4: Franchise Overview
Franchise Overview Largest independent community Provident Bank Offices: bank headquartered in Riverside Blythe Moreno Valley County, California Canyon Crest, Riverside Orangecrest, Riverside Expanding customer base and Corona Rancho Mirage market Corporate Office, Riverside Redlands Downtown, River
Slide 5: Financial Performance
Financial Performance Developments (sequential quarter) Net Interest Income ✓ Net Income decreased approximately 15% Q2FY26 $8.9 ✓ Pre-Provision, Pre-Tax Income decreased approximately 10% Q1FY26 $8.9 ✓ $158,000 vs. $626,000 recovery of credit losses Q4FY25 $8.9 ✓ Net Interest Margin increased three
Slide 6: Financial Performance
Financial Performance Pre-Provision, Pre-Tax Income Pre-Tax Income $3.0 $4.0 $2.5 $3.5 $2.3 $2.1 $2.1 $2.0 $3.0 $2.7 $2.7 $2.7 $1.9 $2.0 $1.8 $2.5 $2.3 $2.1 $1.5 $2.0 $1.5 $1.2 $1.0 $1.0 In Millions $0.5 In Millions $0.5 $0.0 $0.0 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q1FY25 Q2FY25 Q3FY25 Q4FY25
Slide 7: Financial Ratios
Financial Ratios Net Interest Margin Efficiency Ratio 3.50% 90% 3.25% 3.02% 3.03% 85% 3.00% 81.15% 80.77% 2.94% 79.06% 3.00% 2.91% 78.06% 78.35% 2.84% 80% 77.64% 2.75% 75% 2.50% 70% 2.25% 65% 2.00% 60% Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Return on Aver
Slide 8: Balances & Activity
Balances & Activity Developments (sequential quarter) Loan to Investment Mix ✓ Loans Held for Investment balance remained virtually In Millions unchanged while the weighted average rate increased two 12/31/25 $1,038 $100 $1,138 basis points at December 31, 2025 09/30/25 $1,042 $105 $1,147 ✓ Total De
Slide 9: Balances & Activity: Loans Held for Investment Composition
Balances & Activity Loans Held for Investment Composition Loan Category Balance as Interest Balance as Interest (Dollars In Thousands) of 12/31/25 Rate of 12/31/24 Rate Single-Family $ 553,311 4.72% $ 533,140 4.60% Multi-Family 408,289 5.66% 433,724 5.48% Commercial Real Estate 70,942 6.56% 77,984 6
Slide 10: Deposits and Borrowings
Balances & Activity Deposits and Borrowings Deposit Composition Category (Dollars In Thousands) At 12/31/2025 Rate At 12/31/2024 Rate $216 Checking Accounts - Non Interest-Bearing $ 75,316 -% $ 85,399 -% $250 $246 $213 $213 $213 Checking Accounts - Interest-Bearing 234,418 0.05% 251,024 0.04% Saving
Slide 11: Asset Quality
Asset Quality Developments NPA, NPA to Total Assets Ratio and ACL to LHI Ratio $2,800 1.40% ✓ Non-Performing Assets to Total Assets Ratio was 0.08% $2,600 at December 31, 2025 compared to 0.15% at September $2,400 1.20% 30, 2025 (sequential quarter) $2,200 $2,000 1.00% ✓ $158,000 Recovery of Credit
Slide 12: Asset Quality: Allowance for Credit Losses
Asset Quality Allowance for Credit Losses (ACL) ACL Allocation as of 12/31/25 $10,000 Construction Commercial Real Estate 0% 1% $8,000 $6,956 Commercial Business $6,577 $6,424 0% $6,329 $5,780 $5,634 Multi-Family Consumer 10% 0% $6,000 Other 0% $4,000 $2,000 In Thousands Single-Family $0 89% 09/30/2
Slide 13: Asset Quality: Geographic Location
Asset Quality Geographic Location (1) (2) Mortgage Loan Category Inland Empire Southern California Other California Other States Total (Dollars in Thousands) Balance Percentage Balance Percentage Balance Percentage Balance Percentage Balance Percentage Single-Family $ 145,973 26% $ 180,589 33% $ 226
Slide 14: Asset Quality: Single-Family Loans Held for Investment
Asset Quality Single-Family – Loans Held for Investment Calendar Year of Origination 2017 & Prior 2018 2019 2020 2021 2022 2023 2024 2025 TOTAL Loan Balance (In Thousands) $29,691 $6,290 $5,513 $14,307 $138,365 $188,806 $48,171 $43,555 $77,817 $552,515 (1) Weighted Avg. LTV 43% 58% 55% 58% 58% 66% 7
Slide 15: Capital Management: Bank Capital Ratios
Capital Management Bank Capital Ratios Tier 1 Leverage Ratio CET1 Ratio 22.00% 22.00% 20.00% 20.00% 18.00% 18.00% 16.00% 16.00% 14.00% 14.00% 12.00% 12.00% 10.00% 10.00% 8.00% 8.00% 09/30/24 12/31/24 03/31/25 06/30/25 09/30/25 12/31/25 09/30/24 12/31/24 03/31/25 06/30/25 09/30/25 12/31/25 Tier 1 Lev
Slide 16: Capital Management
Capital Management Developments Value Proposition ✓ Strong Capital Ratios Stock Price to Tangible Book Value Multiple 1.20x ✓ 3.52% Cash dividend yield (approximately) 1.10x ✓ Purchased approximately 96,000 shares of common 1.00x stock in the second quarter of fiscal 2026 0.90x 0.80x 0.70x 0.60x 03/
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