Provident Financial Holdings Inc 8-K, filed Jan 23, 2026
Provident Financial Holdings Inc (PROV)
8-K
2026-01-23
For: 2026-01-22
View Original
Added on
July 04, 2026
About this 8-K
Provident Financial Holdings Inc filed this 8-K on January 23, 2026, reporting on events of January 22, 2026.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 22, 2026
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(I.R.S. Employer
Identification No.)
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (951 ) 686-6060
Check the appropriate box below if the Form 8‑K filing is intended to simultaneously satisfy the filing obligation
of the registrant under any of the following provisions.
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a‑12 under the Exchange Act (17 CFR 240.14a‑12)
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Pre-commencement communications pursuant to Rule 14d‑2(b) under the Exchange Act (17 CFR 240.14d‑2(b))
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Pre-commencement communications pursuant to Rule 13e‑4(c) under the Exchange Act (17 CFR 240.13e‑4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the
Securities Act of 1933 (§230.405 of this chapter) or Rule 12b‑2 of the Securities Exchange Act of 1934 (§240.12b‑2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 8.01 Other Events
On January 22, 2026, Provident Financial Holdings, Inc. (the “Corporation”) announced that the
Corporation’s Board of Directors authorized the repurchase of up to five percent (5%) of the Company’s common stock, approximately 318,875 shares. Beginning on January 23, 2026, the Company will purchase the shares from time to time in the open
market or through privately negotiated transactions over a one-year period depending on market conditions, the capital requirements of the Company, and available cash that can be allocated to the stock repurchase program, among other considerations.
Additionally, the January 2025 stock repurchase program is canceled effective January 23,
2026. There were 16,825 remaining shares eligible for repurchase in the January 2025 stock repurchase program that will no longer be repurchased.
The news release announcing the stock repurchase plan is attached as Exhibit 99.1 and incorporated by reference
herein.
Item 9.01 Financial Statements and Exhibits
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Exhibits
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104
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Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101).
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.
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Date: January 23, 2026
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PROVIDENT FINANCIAL HOLDINGS, INC.
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/s/ Peter C. Fan
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Peter C. Fan
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Senior Vice President and Chief Financial Officer
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(Principal Financial and Accounting Officer)
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Exhibit 99.1
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3756 Central Avenue
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NEWS RELEASE
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Riverside, CA 92506
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(951) 686-6060
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PROVIDENT FINANCIAL HOLDINGS
ANNOUNCES NEW STOCK REPURCHASE PLAN
Riverside, Calif. – January 22, 2026 – Provident Financial Holdings, Inc. (“Company”), NASDAQ GS: PROV, the holding
company for Provident Savings Bank, F.S.B., today announced that the Company’s Board of Directors authorized the repurchase of up to five percent (5%) of the Company’s common stock, approximately 318,875 shares. Beginning on January 23, 2026, the
Company will purchase the shares from time to time in the open market or through privately negotiated transactions over a one-year period depending on market conditions, the capital requirements of the Company, and available cash that can be
allocated to the stock repurchase program, among other considerations.
Additionally, the January 2025 stock repurchase program is canceled effective January 23, 2026. There were 16,825
remaining shares eligible for repurchase in the January 2025 stock repurchase program that will no longer be repurchased.
Safe-Harbor Statement
Certain matters in this News Release may constitute forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking statements may relate to, among others, expectations of the business environment in which the Company operates, projections of future performance, perceived opportunities in the market,
potential future credit experience, and statements regarding the Company’s mission and vision. These forward-looking statements are based upon current management expectations, and may, therefore, involve risks and uncertainties. The Company’s actual
results, performance, or achievements may differ materially from those suggested, expressed, or implied by forward-looking statements as a result of a wide range of factors including, but not limited to, the general business environment, interest
rates, the California real estate market, competitive conditions between banks and non-bank financial services providers, regulatory changes, and other risks detailed in the Company’s reports filed with the Securities and Exchange Commission,
including its Annual Report on Form 10-K for the fiscal year ended June 30, 2025.
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Contact:
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Donavon P. Ternes
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Peter C. Fan
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President and
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Senior Vice President and
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Chief Executive Officer
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Chief Financial Officer
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