Provident Financial Holdings (PROV) Originations of Loans Held for Sale (2009 - 2019)
Provident Financial Holdings' Originations of Loans Held for Sale was $13.65 million in fiscal Q4 2019 (quarter ended Jun 30, 2019), down 94.4% from $241.65 million a year earlier and down 87.7% from the prior quarter.
Provident Financial Holdings (PROV) Originations of Loans Held for Sale (2009 - 2019) Analysis & Trends
For FY2019 (ended Jun 30, 2019), Originations of Loans Held for Sale at Provident Financial Holdings came in at $467.09 million, down 60.6% from FY2018.
- Originations of Loans Held for Sale has now declined for four consecutive fiscal years, with a five-year compound annual growth rate of -25.0% (FY2014 to FY2019).
- In earlier fiscal years, Originations of Loans Held for Sale was $1.19 billion in FY2018 (-38.0%), $1.91 billion in FY2017 (-2.5%), $1.96 billion in FY2016 (-20.9%) and $2.48 billion in FY2015 (+26.1%).
- The fiscal Q4 2019 figure marks the lowest quarterly Originations of Loans Held for Sale since fiscal Q2 2012.
- Compared with a year earlier, Originations of Loans Held for Sale has declined for ten straight quarters, with an average decline of 49.9% over the last eight quarters.
- The best year-over-year quarter for Originations of Loans Held for Sale over five years was fiscal Q3 2015 (growth of 92.4%); the worst was fiscal Q4 2019 (a decline of 94.4%).
- Per Business Quant data, PROV's Originations of Loans Held for Sale in the three fiscal quarters before Q4 2019 was $110.71 million (Q3 2019), $146.42 million (Q2 2019) and $196.32 million (Q1 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | LHFS Originations (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | 80.50 Bn |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | - |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | - |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | - |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | - |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | 9.79 Bn |
| 10 | Provident Financial Holdings | 114.35 Mn | -99.60 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2019 | 13.65 Mn |
| Mar 31, 2019 | 110.71 Mn |
| Dec 31, 2018 | 146.42 Mn |
| Sep 30, 2018 | 196.32 Mn |
| Jun 30, 2018 | 241.65 Mn |
| Mar 31, 2018 | 220.19 Mn |
| Dec 31, 2017 | 331.86 Mn |
| Sep 30, 2017 | 392.29 Mn |
| Jun 30, 2017 | 405.88 Mn |
| Mar 31, 2017 | 317.91 Mn |
| Dec 31, 2016 | 541.91 Mn |
| Sep 30, 2016 | 647.34 Mn |
| Jun 30, 2016 | 557.20 Mn |
| Mar 31, 2016 | 392.88 Mn |
| Dec 31, 2015 | 472.50 Mn |
| Sep 30, 2015 | 540.29 Mn |
| Jun 30, 2015 | 720.68 Mn |
| Mar 31, 2015 | 680.61 Mn |
| Dec 31, 2014 | 565.66 Mn |
| Sep 30, 2014 | 513.77 Mn |
Provident Financial Holdings Originations of Loans Held for Sale API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=originations-of-loans-held-for-sale&ticker=PROV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "originations-of-loans-held-for-sale", "ticker": "PROV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=originations-of-loans-held-for-sale&ticker=PROV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();