Stock Market Watch

Provident New York Bancorp – Reports Q4 Earnings

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Provident New York Bancorp (NASDAQ:PBNY). Last Market Price: 7.01, Change: -0.40, % Change: (-5.40%). Shares trade in the range of 6.74 – 7.25 dollars. It has a market capitalization of 266.71M dollars, making it a Small Cap Stock and has 38.05M outstanding shares. The company has a beta of 0.79, indicating, the stock to be less volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 0.47; P/E of 14.94 indicating, that the stock price to be fair valued. It operates in Financial sector and belongs to SandLs/Savings Banks industry. Percentage shares held by institutional investors is 46%. The company has a 52 week Price range (low – high) of $ 5.47 – 11.09. Average volumes of shares traded daily are 107,055.Volume traded in the last session was at 25,997, 0.24 times the average volume.

  • Reports Q4 EPS of ($0.02)
  • Provisions for loan losses were $8.8 million for the quarter compared to $3.6 million for the linked quarter, and $2.3 million for the same quarter last year.

For Q2 (Jun ’11), It had a Net profit margin of 6.92%, an Operating margin of 6.25%. Other Key stats and ratios are : Return on average assets of 0.26%, Return on average equity of 1.83%. The organization has an employee strength of 497

Consensus Recommendation is a Hold.


Estimate for sales for the Quarter Ending Dec-11 show a mean of 22.88 million dollars, an estimate high of 22.99 million dollars and an estimate low of 22.77 million dollars. A year ago the figures stood at 31.65 million dollars.

Estimate for sales for the Quarter Ending Mar-12 show a mean of 23.08 million dollars, an estimate high of 23.20 million dollars and an estimate low of 22.95 million dollars. A year ago the figures stood at 31.92 million dollars.

Estimate for EPS for the Quarter Ending Dec-11 show a mean of 0.08 dollars, an estimate high of 0.09 dollars and an estimate low of 0.07 dollars. A year ago the figures stood at 0.14 dollars.

Estimate for EPS for the Quarter Ending Mar-12 show a mean of 0.09 dollars, an estimate high of 0.11 dollars and an estimate low of 0.08 dollars. A year ago the figures stood at 0.14 dollars.

Sales for Quarter Ending Jun-11 was estimated at 27.75 million dollars, however the actual sales figure stood at 22.80 million dollars, 4.95 million dollars less than estimates.

Sales for Quarter Ending Mar-11 was estimated at 28.81 million dollars, however the actual sales figure stood at 28.31 million dollars, 0.5 million dollars less than estimates.

edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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