PROV Reports Q2 2025 Earnings with Increased Loan Originations and Improved Net Interest Margin
PROV reported Q2 2025 earnings with increased loan originations and a rise in net interest margin. The company saw $36.4 million in loans originated and held for investment, up from $28.9 million sequentially, while net interest margin increased to 2.91% from 2.84%. The report also highlighted a slight increase in nonperforming assets and a decrease in deposit costs.
Topics: borrowing costs credit losses deposit costs loan originations net interest margin