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Provident Bancorp, Inc. Reports Net Income of $2.7 Million for the Quarter Ended September 30, 2025
Prnewswire·2025-10-24 04:00

Accessibility StatementSkip Navigation Total interest expense decreased 5.9million,or20.05.9 million, or 20.0%, to 23.6 million for the nine months ended September 30, 2025, compared to 29.5millionfortheA^ninemonthsendedSeptember30,2024.A^Interestexpenseondepositswas29.5 million for the nine months ended September 30, 2024. Interest expense on deposits was 22.5 million for the nine months ended September 30, 2025, a decrease of 5.5million,or19.75.5 million, or 19.7%, from 28.0 million for the nine months ended September 30, 2024. The decrease was driven by a 59 basis point decrease in the average cost of ...