Provident Financial Holdings, Inc. (Nasdaq:PROV) is the holding company for Provident Savings Bank, F.S.B., who provide community banking services to consumers and small to mid-sized businesses in Southern California. Currently, they have 13 banking offices with over USD 1 billion in total assets.
Comps: First Financial Northwest, Inc. (Nasdaq:FFNW), Sound Financial Bancorp, Inc. (Nasdaq:SFBC)
If we compare Provident Financial Holdings to other banking operation with akin market capitalizations, we see that they do provide a more attractive yield of about 4%. Further, they exhibited a more favorable price to earnings ratio and revenue than Sound Financial Bancorp. In addition, they maintain a greater return on equity than First Financial Northwest. With that being said, the value in this stock is certainly more income than growth oriented.