Provident Bancorp Inc's Corporate Customers have recorded an advance in their cost of revenue by 6.12 % in the 3 quarter 2025 year on year, sequentially costs of revenue were trimmed by -1.47 %. During the corresponding time, Provident Bancorp Inc recorded a revenue increase by 22.04 % year on year, sequentially revenue fell by -6.04 %. While revenue at the Provident Bancorp Inc 's corporate clients recorded rose by 3.27 % year on year, sequentially revenue grew by 3.92 %.
Provident Bancorp Inc's Customers have recorded an advance in their cost of revenue by 6.12 % in the 3 quarter 2025 year on year, sequentially costs of revenue were trimmed by -1.47 %, for the same period Provident Bancorp Inc recorded revenue increase by 22.04 % year on year, sequentially revenue fell by -6.04 %.
Provident Bancorp Inc's Comment on Sales, Marketing and Customers
BankProv operates primarily in the Seacoast Region of Northeastern Massachusetts, Southeastern New Hampshire, Southern Maine, and extends to Concord and Manchester in Central New Hampshire. Its main office is located in Amesbury, Massachusetts, with additional branches in Northeastern Massachusetts, Southeastern New Hampshire, and Bedford, New Hampshire, as well as a loan production office in Ponte Vedra, Florida. The bank accepts deposits from business customers nationwide and offers mortgage warehouse and enterprise value loans across the United States. Its primary lending focus is on commercial real estate and commercial business loans. BankProv competes with commercial banks, savings banks, credit unions, mortgage banking companies, finance companies, online lenders or banks, and other institutional lenders for loans. For deposits, it competes with savings banks, commercial and co-operative banks, credit unions, internet banks, brokerage firms, and insurance companies. Competitive factors include interest rates, loan products, services, geographic locations, deposit and investment products, rates of return, liquidity, risk, branch convenience, personalized service, and online/mobile access.
Provident Bancorp Inc’s Comment on Sales, Marketing and Customers
BankProv operates primarily in the Seacoast Region of Northeastern Massachusetts, Southeastern New Hampshire, Southern Maine, and extends to Concord and Manchester in Central New Hampshire. Its main office is located in Amesbury, Massachusetts, with additional branches in Northeastern Massachusetts, Southeastern New Hampshire, and Bedford, New Hampshire, as well as a loan production office in Ponte Vedra, Florida. The bank accepts deposits from business customers nationwide and offers mortgage warehouse and enterprise value loans across the United States. Its primary lending focus is on commercial real estate and commercial business loans. BankProv competes with commercial banks, savings banks, credit unions, mortgage banking companies, finance companies, online lenders or banks, and other institutional lenders for loans. For deposits, it competes with savings banks, commercial and co-operative banks, credit unions, internet banks, brokerage firms, and insurance companies. Competitive factors include interest rates, loan products, services, geographic locations, deposit and investment products, rates of return, liquidity, risk, branch convenience, personalized service, and online/mobile access.
Sources:
Provident Bancorp Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Provident Bancorp Inc’s corporate clients.
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