Financial Snapshot
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About Provident Bancorp, Inc. /MD/
Provident Bancorp, Inc. is a holding company that operates as a commercial bank. The company is headquartered in Amesbury, Massachusetts and currently employs 188 full-time employees. The company went IPO on 2015-07-16. The Bank is a commercial bank that offers a comprehensive suite of banking products for corporate clients. The Bank is a banking-as-a-service provider specializing in technology-driven banking solutions. The Bank's commercial lending products include term loans and revolving lines of credit, which are made with either variable or fixed rates of interest. The Bank makes commercial business loans in its market area to a variety of small- and medium- sized businesses, including professional and nonprofit organizations, and, to a lesser extent, sole proprietorships. The company serves various industries including renewable energy, fintech and enterprise value lending. The Bank operates from its main office and two branch offices in the Northeastern Massachusetts area, three branch offices in Southeastern New Hampshire and one branch located in Bedford, New Hampshire. The company also has a loan production office in Ponte Vedra, Florida.
Industry: Savings Institutions, Not Federally Chartered Peers: Blue Foundry Bancorp Federal Home Loan Mortgage Corp Home Bancorp Inc Home Point Capital Inc. Pioneer Bancorp Inc Ponce Financial Group Inc Rocket Companies Inc Sterling Bancorp Inc Timberland Bancorp Inc Velocity Financial Inc