Provident Financial Q2 Earnings Call Highlights

Despite the higher originations, loans held for investment decreased by about 4.1millionduringtheDecember2025quarter,withdeclinesinmultifamily,commercialbusiness,andcommercialrealestateloanspartlyoffsetbyincreasesinsinglefamilyandconstructionloans.ManagementsaidloanpipelinesweremoderatelyhigherthanlastquarterandsuggestedtheMarch2026quartersoriginationvolumewouldlikelyfallwithintherecentquarterlyrangeof4.1 million during the December 2025 quarter, with declines in multifamily, commercial business, and commercial real estate loans partly offset by increases in single-family and construction loans.Management said loan pipelines were “moderately higher” than last quarter and suggested the March 2026 quarter’s origination volume would likely fall within the recent quarterly range of 28 million to $42 million.Ternes attributed the ...