Provident Financial announces 2Q net loss of $6.51 million
For the quarter ended Dec. 31, Riverside-based Provident Financial Holdings Inc. has reported a net loss of $6.51 million, compared with net income of $1.04 million in the comparable period a year ago. According to a news release, "The decrease in the second-quarter results was primarily attributable to an increase in the provision for loan losses, partly offset by an increase in non-interest income, an increase in net interest income (before the provision for loan losses) and a decrease in operating expenses."



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