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Financials : Thrifts & Mortgage Finance | Small Cap GrowthCompany profile

Provident Bancorp, Inc. is the holding company of The Provident Bank. The Provident Bank is a community bank that serves the banking needs of its customers. The Provident Bank operates from its main office and over two branch offices in the Northeastern Massachusetts area and over four branch offices in Southeastern New Hampshire, and one branch is located in Bedford, New Hampshire. The Bank also has a loan production office in Nashua, New Hampshire. Its primary lending area encompasses Northeastern Massachusetts and Southern New Hampshire, with a focus on Essex County, Massachusetts, and Hillsborough and Rockingham Counties, New Hampshire. Its primary deposit-gathering area is concentrated in Essex County, Massachusetts, Rockingham County, New Hampshire, and Hillsborough County, New Hampshire. The Bank uses funds to originate loans, primarily commercial real estate, construction and land development and commercial business loans, and to invest in securities.

Day's Change
-0.13 (-0.54%)
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Today's volume of 685 shares is on pace to be in-line with PVBC's 10-day average volume of 1,524 shares.


Apple target cut at Canaccord amid 'soft smartphone and overall iPhone demand'

8:58 am ET November 29, 2018 (MarketWatch)

Canaccord Genuity analyst T. Michael Walkley lowered his price target on Apple Inc. (AAPL) shares to $225 from $250 on Thursday, after a recent Canaccord consumer survey suggested "soft smartphone and overall iPhone demand" as well as "disappointing initial iPhone XR sales." The survey found that Apple still "maintained strong share of U.S. smartphone sales" across the carriers. Walkley continues to believe that Apple will grow its installed base and monetize it well through services, but he forecasts a year-over-year drop in iPhone units for calendar 2019. Apple shares are up 0.9% in premarket trading Thursday following a Cnet report from the prior afternoon in which an Apple executive said that the iPhone XR has been the company's best-selling model ( in each day since its late-October launch. Apple's stock has fallen 19% over the past three months, while the Dow Jones Industrial Average has slipped 2.9%.

-Emily Bary; 415-439-6400;

(END) Dow Jones Newswires

November 29, 2018 08:58 ET (13:58 GMT)

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