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Provident Financial

DB:PRVA
Snowflake Description

Undervalued with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PRVA
DB
£446M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Provident Financial plc provides personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland. The last earnings update was 22 days ago. More info.


Add to Portfolio Compare Print
  • Provident Financial has significant price volatility in the past 3 months.
PRVA Share Price and Events
7 Day Returns
-23.2%
DB:PRVA
-4.8%
Europe Consumer Finance
2.1%
DE Market
1 Year Returns
-70.2%
DB:PRVA
-50.9%
Europe Consumer Finance
-16.6%
DE Market
PRVA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Provident Financial (PRVA) -23.2% -61.4% -65.8% -70.2% -95.3% -95.7%
Europe Consumer Finance -4.8% -34.8% -44.2% -50.9% -66.5% -66.7%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • PRVA underperformed the Consumer Finance industry which returned -50.9% over the past year.
  • PRVA underperformed the Market in Germany which returned -16.6% over the past year.
Price Volatility
PRVA
Industry
5yr Volatility vs Market
Related Companies

PRVA Value

 Is Provident Financial undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Provident Financial to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Provident Financial.

DB:PRVA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 8 analysts.
= Stable Book Value * Return on Equity
= £3.34 * 15.9%
£0.53
Book Value of Equity per Share Weighted future Book Value estimates from 6 analysts. £3.34
Discount Rate (Cost of Equity) See below 11.8%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:PRVA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.1%
Consumer Finance Unlevered Beta Simply Wall St/ S&P Global 0.64
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.639 (1 + (1- 19%) (458.19%))
2.347
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 6.07%)
11.75%

Discounted Cash Flow Calculation for DB:PRVA using Excess Returns Model Model

The calculations below outline how an intrinsic value for Provident Financial is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:PRVA Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (15.9% – 11.75%) * £3.34)
£0.14
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= £0.14 / (11.75% - -0.39%)
£1.13
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= £3.34 + £1.13
£4.47
DB:PRVA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:PRVA represents 0.97415x of LSE:PFG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.97415x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 4.47 x 0.97415
€4.35
Value per share (EUR) From above. €4.35
Current discount Discount to share price of €1.73
= -1 x (€1.73 - €4.35) / €4.35
60.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Provident Financial is available for.
Intrinsic value
>50%
Share price is €1.73 vs Future cash flow value of €4.35
Current Discount Checks
For Provident Financial to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Provident Financial's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Provident Financial's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Provident Financial's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Provident Financial's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:PRVA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in GBP £0.33
LSE:PFG Share Price ** LSE (2020-04-07) in GBP £1.78
Europe Consumer Finance Industry PE Ratio Median Figure of 27 Publicly-Listed Consumer Finance Companies 5.27x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Provident Financial.

DB:PRVA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:PFG Share Price ÷ EPS (both in GBP)

= 1.78 ÷ 0.33

5.34x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Provident Financial is overvalued based on earnings compared to the Europe Consumer Finance industry average.
  • Provident Financial is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Provident Financial's expected growth come at a high price?
Raw Data
DB:PRVA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.34x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
17%per year
Europe Consumer Finance Industry PEG Ratio Median Figure of 19 Publicly-Listed Consumer Finance Companies 0.43x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

DB:PRVA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 5.34x ÷ 17%

0.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Provident Financial is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Provident Financial's assets?
Raw Data
DB:PRVA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in GBP £2.92
LSE:PFG Share Price * LSE (2020-04-07) in GBP £1.78
Europe Consumer Finance Industry PB Ratio Median Figure of 42 Publicly-Listed Consumer Finance Companies 0.68x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:PRVA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:PFG Share Price ÷ Book Value per Share (both in GBP)

= 1.78 ÷ 2.92

0.61x

* Primary Listing of Provident Financial.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Provident Financial is good value based on assets compared to the Europe Consumer Finance industry average.
X
Value checks
We assess Provident Financial's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Finance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Finance industry average (and greater than 0)? (1 check)
  5. Provident Financial has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PRVA Future Performance

 How is Provident Financial expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Provident Financial expected to grow at an attractive rate?
  • Provident Financial's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Provident Financial's earnings growth is expected to exceed the Germany market average.
  • Provident Financial's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:PRVA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:PRVA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 17%
DB:PRVA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 15.6%
Europe Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 12.3%
Europe Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 9.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:PRVA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:PRVA Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,066 48 1
2022-12-31 1,081 -18 141 7
2021-12-31 1,039 -8 117 9
2020-12-31 994 176 95 8
2020-04-07
DB:PRVA Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-12-31 589 100 84
2019-09-30 608 30 74
2019-06-30 647 -41 59
2019-03-31 644 -40 60
2018-12-31 621 -40 65
2018-09-30 597 -56 -60
2018-06-30 554 -73 -179
2018-03-31 581 -65 -157
2017-12-31 608 -57 -134
2017-09-30 619 -50 36
2017-06-30 631 -44 206
2017-03-31 717 -16 234

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Provident Financial's earnings are expected to grow by 17% yearly, however this is not considered high growth (20% yearly).
  • Provident Financial's revenue is expected to grow by 15.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:PRVA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Provident Financial Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:PRVA Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 0.58 0.63 0.54 2.00
2021-12-31 0.48 0.57 0.33 3.00
2020-12-31 0.35 0.49 0.18 4.00
2020-04-07
DB:PRVA Past Financials Data
Date (Data in GBP Millions) EPS *
2019-12-31 0.33
2019-09-30 0.29
2019-06-30 0.23
2019-03-31 0.24
2018-12-31 0.27
2018-09-30 -0.24
2018-06-30 -0.95
2018-03-31 -0.70
2017-12-31 -0.91
2017-09-30 0.24
2017-06-30 1.42
2017-03-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Provident Financial is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Provident Financial's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Provident Financial has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PRVA Past Performance

  How has Provident Financial performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Provident Financial's growth in the last year to its industry (Consumer Finance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Provident Financial's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Provident Financial's 1-year earnings growth exceeds its 5-year average (29.3% vs -33.9%)
  • Provident Financial's earnings growth has exceeded the Europe Consumer Finance industry average in the past year (29.3% vs 17.9%).
Earnings and Revenue History
Provident Financial's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Provident Financial Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:PRVA Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 589.40 84.40
2019-09-30 608.40 74.15
2019-06-30 646.80 58.90
2019-03-31 643.80 59.60
2018-12-31 621.40 65.30
2018-09-30 597.20 -59.55
2018-06-30 553.60 -179.40
2018-03-31 580.85 -156.90
2017-12-31 608.10 -134.40
2017-09-30 619.40 35.65 -68.70
2017-06-30 630.70 205.70 -137.40
2017-03-31 716.70 234.30 -68.70
2016-12-31 802.70 262.90
2016-09-30 926.40 258.35 150.20
2016-06-30 1,050.10 253.80 300.40
2016-03-31 1,041.60 236.00 312.80
2015-12-31 1,033.10 218.20 325.20
2015-09-30 1,025.20 205.85 316.35
2015-06-30 1,017.30 193.50 307.50
2015-03-31 1,007.75 184.55 293.05
2014-12-31 998.20 175.60 278.60
2014-09-30 994.55 166.00 270.95
2014-06-30 990.90 156.40 263.30
2014-03-31 997.40 148.70 257.15
2013-12-31 1,003.90 141.00 251.00
2013-09-30 986.70 144.15 251.35
2013-06-30 969.50 147.30 251.70

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Provident Financial has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Provident Financial used its assets less efficiently than the Europe Consumer Finance industry average last year based on Return on Assets.
  • Unable to establish if Provident Financial improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Provident Financial's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Finance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Provident Financial has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PRVA Health

 How is Provident Financial's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Provident Financial's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Provident Financial is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Provident Financial's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Provident Financial's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Provident Financial Company Filings, last reported 3 months ago.

DB:PRVA Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 740.50 1,963.50 370.20
2019-09-30 740.50 1,963.50 370.20
2019-06-30 678.10 2,089.60 461.10
2019-03-31 678.10 2,089.60 461.10
2018-12-31 712.10 2,055.50 435.70
2018-09-30 696.10 2,055.50 435.70
2018-06-30 677.90 2,088.30 566.50
2018-03-31 677.90 2,088.30 566.50
2017-12-31 535.10 2,193.10 328.70
2017-09-30 535.10 2,193.10 328.70
2017-06-30 731.60 1,933.30 206.70
2017-03-31 731.60 1,933.30 206.70
2016-12-31 790.10 1,855.40 223.70
2016-09-30 790.10 1,855.40 223.70
2016-06-30 734.40 1,628.20 165.40
2016-03-31 734.40 1,628.20 165.40
2015-12-31 707.70 1,596.80 153.40
2015-09-30 707.70 1,596.80 153.40
2015-06-30 582.10 1,500.40 149.30
2015-03-31 582.10 1,500.40 149.30
2014-12-31 613.00 1,497.40 146.10
2014-09-30 613.00 1,497.40 146.10
2014-06-30 420.90 1,247.90 117.90
2014-03-31 420.90 1,247.90 117.90
2013-12-31 416.80 1,291.30 124.50
2013-09-30 416.80 1,291.30 124.50
2013-06-30 367.50 1,189.30 92.40
  • Provident Financial's level of debt (265.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (244.4% vs 265.2% today).
  • Debt is not well covered by operating cash flow (5.1%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Provident Financial's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Provident Financial's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Provident Financial has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PRVA Dividends

 What is Provident Financial's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Provident Financial dividends. Estimated to be 18.27% next year.
If you bought €2,000 of Provident Financial shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Provident Financial's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Provident Financial's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:PRVA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
Europe Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 17 Stocks 6.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:PRVA Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31 0.40 7.00
2021-12-31 0.33 9.00
2020-12-31 0.25 7.00
2020-04-07
DB:PRVA Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2020-03-27 0.000 0.000
2019-07-30 0.180 4.560
2019-03-13 0.100 2.142
2018-07-31 0.000 0.000
2018-02-27 0.000 0.000
2017-03-31 1.346 11.743
2017-02-28 1.346 4.574
2016-02-24 1.201 4.212
2015-04-01 0.980 3.170
2014-04-04 0.850 3.788
2014-02-25 0.850 4.445
2013-07-23 0.794 4.787
2013-04-30 0.772 5.044
2012-03-22 0.690 5.218
2012-02-28 0.690 6.053
2011-03-25 0.635 6.314
2011-03-01 0.635 6.615
2010-03-02 0.635 7.443

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Provident Financial has not reported any payouts.
  • Unable to verify if Provident Financial's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Provident Financial's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Provident Financial has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.6x coverage).
X
Income/ dividend checks
We assess Provident Financial's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Provident Financial afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Provident Financial has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PRVA Management

 What is the CEO of Provident Financial's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Malcolm Le May
COMPENSATION £1,507,000
AGE 61
TENURE AS CEO 2.2 years
CEO Bio

Mr. Malcolm John Le May is Co-Founder of Juno Capital LLP and serves as its Chairman and Advisor. Mr. Le May joined Juno Capital LLP in July 2015. He is a Trustee of the Grange Festival and a Partner at Opus Corporate Finance LLP and Juno Capital LLP. He has been Chief Executive Officer of Provident Financial Plc since February 2, 2018 and served as its Interim Executive Chairman since November 24, 2017 until February 2, 2018. Mr. Le May had been Managing Director at Vanquis Bank Ltd. since October 31, 2018. He serves as Non-Executive Director of Vanquis Bank Ltd. He serves as an Advisor of Heidrick & Struggles and Ernst &Young. He has experience in banking. He has extensive experience within the UK insurance industry. He has broad experience and knowledge of the financial services and investment sectors, along with extensive experience on the boards of publicly listed companies. He served as Chief Executive Officer, Investment Banking (Europe) at UBS AG. He served as the President of Europe at JER Partners L.L.C. He was Co-Head of banking for Barclays New York, Head of investment banking Europe at UBS, global Head of corporate and investment banking at ING Barings Ltd, President of JER Europe and Senior Independent Director at Pendragon plc. Mr. Le May served as Deputy Chief Executive Officer of Aviva Investors (Formerly, Morley Fund Management), ING-Barings Ltd and Aviva Investors Global Services Limited. He served Executive roles at Morgan Grenfell plc, Drexel Burnham Lambert, Barclays de Zoete Wedd Holdings and Matrix Securities Limited. He serves as a Director of Integrum Management Consultants Limited, Matrix Group Limited and the Preventative Health Company Limited. He served a Director at Provident Financial plc since January 1, 2014. He was Senior Independent Director of Provident Financial Plc from 2014 to November 2017. Mr. Le May has been a Non-Executive Director and the Senior Independent Non-Executive Director of IG Group Holdings plc since September 10, 2015. He was an Independent Non-Executive Director at Hastings Group Holdings plc since September 3, 2015 until April 25, 2018. He serves as a Member of Advisory Board of Three Delta LLP. He served as an Independent Non-Executive Director of Pendragon PLC from March 1, 2006 to November 25, 2014. He served as Director of Royal & Sun Alliance Insurance plc since March 2004. He served as an Independent Non-Executive Director of RSA Insurance Group plc from March 30, 2004 to May 8, 2014. He served as Non-Executive Director at RSA plc. He served as a Director of Compagnie Immobilière de Belgique S.A. from June 29, 2007 to March 27, 2009. He provided effective leadership to the Board. He Worked with the Board of Provident Financial Plc to redefine roles and responsibilities and initiated a process to ensure the Board has the right skill set to make it fit for purpose. He re-established and developed an ongoing and transparent relationship with Provident Financial Plc’s regulators. He appointed an Interim group CRO and initiated a process to develop key group roles capable of supporting Provident Financial Plc’s divisions. He is a Chartered Accountant. Mr. Le May holds a Degree in Accounting and Business Studies from the University of North Wales.

CEO Compensation
  • Malcolm's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Malcolm's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Provident Financial management team in years:

1.5
Average Tenure
55
Average Age
  • The average tenure for the Provident Financial management team is less than 2 years, this suggests a new team.
Management Team

Malcolm Le May

TITLE
CEO & Director
COMPENSATION
£2M
AGE
61
TENURE
2.2 yrs

Neeraj Kapur

TITLE
CFO & Director
AGE
54
TENURE
0.1 yrs

Greg Cant

TITLE
Director of Corporate Finance & Development

Conor Breslin

TITLE
Group Chief Information Officer

Gary Thompson

TITLE
Head of Investor Relations and Group Financial Controller

Charley Davies

TITLE
Group General Counsel
TENURE
1 yrs

Richard King

TITLE
Group Corporate Communication Director

Chris Gillespie

TITLE
Managing Director of Consumer Credit Division & Satsuma
COMPENSATION
£561K
AGE
55

David Merrett

TITLE
Chief Strategy Officer
TENURE
2.1 yrs

Susan Wilkie

TITLE
Head of Tax
Board of Directors Tenure

Average tenure and age of the Provident Financial board of directors in years:

1.7
Average Tenure
59
Average Age
  • The average tenure for the Provident Financial board of directors is less than 3 years, this suggests a new board.
Board of Directors

Patrick Joseph Snowball

TITLE
Chairman
COMPENSATION
£320K
AGE
69
TENURE
1.6 yrs

Malcolm Le May

TITLE
CEO & Director
COMPENSATION
£2M
AGE
61
TENURE
6.3 yrs

Neeraj Kapur

TITLE
CFO & Director
AGE
54
TENURE
0.1 yrs

Charley Davies

TITLE
Group General Counsel
TENURE
1.3 yrs

Andrea Blance

TITLE
Senior Independent Director
COMPENSATION
£118K
AGE
54
TENURE
2.2 yrs

Angela Knight

TITLE
Independent Non-Executive Director
COMPENSATION
£104K
AGE
69
TENURE
1.8 yrs

Paul Hewitt

TITLE
Independent Non-Executive Director
COMPENSATION
£103K
AGE
63
TENURE
1.8 yrs

Libby Chambers

TITLE
Independent Non-Executive Director
COMPENSATION
£119K
AGE
56
TENURE
1.8 yrs

Simon Thomas

TITLE
Director
COMPENSATION
£897K
AGE
55
TENURE
1.3 yrs

Robert East

TITLE
Independent Non-Executive Director
COMPENSATION
£39K
AGE
59
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
02. May 19 Sell Invesco Ltd. Company 01. May 19 01. May 19 -2,651 €6.24 €-16,534
01. May 19 Sell Invesco Ltd. Company 30. Apr 19 30. Apr 19 -1,897 €6.17 €-11,711
01. May 19 Sell Barclays Bank PLC, Securities Investments Company 30. Apr 19 30. Apr 19 -79,932 €6.17 €-493,457
01. May 19 Buy Barclays Bank PLC, Securities Investments Company 30. Apr 19 30. Apr 19 83,973 €6.17 €518,403
10. Apr 19 Sell Barclays Bank PLC, Securities Investments Company 09. Apr 19 09. Apr 19 -119,300 €6.07 €-724,635
10. Apr 19 Buy Barclays Bank PLC, Securities Investments Company 09. Apr 19 09. Apr 19 44,881 €6.06 €272,121
15. May 19 Sell Barclays Bank PLC, Securities Investments Company 14. May 19 14. May 19 -9,906 €5.56 €-55,047
15. May 19 Buy Barclays Bank PLC, Securities Investments Company 14. May 19 14. May 19 16,405 €5.55 €90,990
24. Apr 19 Sell Barclays Bank PLC, Securities Investments Company 23. Apr 19 23. Apr 19 -44,731 €5.98 €-267,713
24. Apr 19 Buy Barclays Bank PLC, Securities Investments Company 23. Apr 19 23. Apr 19 15,600 €6.00 €93,625
25. Apr 19 Sell Invesco Ltd. Company 24. Apr 19 24. Apr 19 -35,238 €5.96 €-209,950
17. May 19 Sell BlackRock, Inc. Company 16. May 19 16. May 19 -84,954 €5.14 €-436,991
17. May 19 Buy BlackRock, Inc. Company 16. May 19 16. May 19 331 €5.16 €1,709
17. May 19 Sell Barclays Bank PLC, Securities Investments Company 16. May 19 16. May 19 -25,754 €5.27 €-135,653
17. May 19 Buy Barclays Bank PLC, Securities Investments Company 16. May 19 16. May 19 19,317 €5.25 €101,414
16. May 19 Sell JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 15. May 19 15. May 19 -1,810 €5.17 €-9,356
16. May 19 Buy JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 15. May 19 15. May 19 1,810 €5.17 €9,356
16. May 19 Sell BlackRock, Inc. Company 15. May 19 15. May 19 -5,058 €5.52 €-27,912
16. May 19 Sell Legal & General Investment Management Limited Company 15. May 19 15. May 19 -43,513 €5.27 €-229,230
16. May 19 Sell Barclays Bank PLC, Securities Investments Company 15. May 19 15. May 19 -54,730 €5.41 €0
16. May 19 Buy Barclays Bank PLC, Securities Investments Company 15. May 19 15. May 19 105,274 €5.52 €84,601
16. May 19 Buy Standard Life Aberdeen plc Company 15. May 19 15. May 19 25,191 €5.20 €131,030
15. May 19 Sell BlackRock, Inc. Company 14. May 19 14. May 19 -90,014 €5.54 €-498,617
15. May 19 Sell Legal & General Investment Management Limited Company 14. May 19 14. May 19 -16,067 €5.53 €-88,876
15. May 19 Sell Standard Life Aberdeen plc Company 14. May 19 14. May 19 -10,451 €5.54 €-57,931
14. May 19 Sell Barclays Bank PLC, Securities Investments Company 13. May 19 13. May 19 -32,195 €5.76 €-185,461
14. May 19 Buy Barclays Bank PLC, Securities Investments Company 13. May 19 13. May 19 34,136 €5.75 €196,445
14. May 19 Sell BlackRock, Inc. Company 13. May 19 13. May 19 -51,096 €5.66 €-287,575
14. May 19 Buy BlackRock, Inc. Company 13. May 19 13. May 19 2,577 €5.54 €14,264
14. May 19 Sell Legal & General Investment Management Limited Company 13. May 19 13. May 19 -31,787 €5.76 €-182,935
13. May 19 Sell BlackRock, Inc. Company 10. May 19 10. May 19 -58,860 €5.88 €-345,653
13. May 19 Buy BlackRock, Inc. Company 10. May 19 10. May 19 19,331 €5.88 €113,575
13. May 19 Sell Legal & General Investment Management Limited Company 10. May 19 10. May 19 -23,369 €5.87 €-137,285
13. May 19 Sell Jefferies Financial Group Inc.,Asset Management Arm Company 10. May 19 10. May 19 -11,026 €5.90 €-65,094
13. May 19 Buy Jefferies Financial Group Inc.,Asset Management Arm Company 10. May 19 10. May 19 11,026 €5.86 €64,619
10. May 19 Sell BlackRock, Inc. Company 09. May 19 09. May 19 -3,339 €5.82 €-19,447
10. May 19 Buy BlackRock, Inc. Company 09. May 19 09. May 19 27,183 €5.81 €157,958
10. May 19 Sell Legal & General Investment Management Limited Company 09. May 19 09. May 19 -24,218 €5.82 €-140,956
10. May 19 Buy Legal & General Investment Management Limited Company 09. May 19 09. May 19 19,849 €5.81 €115,283
10. May 19 Sell Barclays Bank PLC, Securities Investments Company 09. May 19 09. May 19 -47,751 €5.84 €-278,828
10. May 19 Buy Barclays Bank PLC, Securities Investments Company 09. May 19 09. May 19 10,812 €5.86 €63,399
09. May 19 Sell Barclays Bank PLC, Securities Investments Company 08. May 19 08. May 19 -17,315 €5.89 €-101,931
09. May 19 Buy Barclays Bank PLC, Securities Investments Company 08. May 19 08. May 19 17,083 €5.93 €101,361
09. May 19 Sell Legal & General Investment Management Limited Company 08. May 19 08. May 19 -20,542 €5.87 €-120,629
09. May 19 Buy Legal & General Investment Management Limited Company 08. May 19 08. May 19 4,246 €5.89 €24,988
09. May 19 Sell BlackRock, Inc. Company 08. May 19 08. May 19 -36,651 €5.92 €-216,880
09. May 19 Buy BlackRock, Inc. Company 08. May 19 08. May 19 9,479 €5.86 €55,592
09. May 19 Buy State Street Global Advisors, Inc. Company 08. May 19 08. May 19 4,576 €5.87 €26,869
09. May 19 Sell Jefferies Financial Group Inc.,Asset Management Arm Company 07. May 19 07. May 19 -1,306 €6.02 €-7,867
09. May 19 Buy Jefferies Financial Group Inc.,Asset Management Arm Company 07. May 19 07. May 19 1,306 €6.06 €0
09. May 19 Sell Jefferies Financial Group Inc.,Asset Management Arm Company 08. May 19 08. May 19 -635 €5.89 €0
09. May 19 Buy Jefferies Financial Group Inc.,Asset Management Arm Company 08. May 19 08. May 19 635 €5.86 €3,724
08. May 19 Sell Legal & General Investment Management Limited Company 07. May 19 07. May 19 -35,099 €5.99 €-210,088
08. May 19 Buy Legal & General Investment Management Limited Company 07. May 19 07. May 19 698 €5.97 €4,164
08. May 19 Sell BlackRock, Inc. Company 07. May 19 07. May 19 -47,469 €5.97 €-282,545
08. May 19 Buy State Street Global Advisors, Inc. Company 07. May 19 07. May 19 1,306 €6.02 €7,867
08. May 19 Sell Barclays Bank PLC, Securities Investments Company 07. May 19 07. May 19 -5,289 €6.01 €-31,778
08. May 19 Buy Barclays Bank PLC, Securities Investments Company 07. May 19 07. May 19 28,380 €6.01 €170,696
07. May 19 Sell Legal & General Investment Management Limited Company 03. May 19 03. May 19 -48,908 €6.06 €-296,528
07. May 19 Sell BlackRock, Inc. Company 03. May 19 03. May 19 -53,283 €6.10 €-325,127
07. May 19 Sell State Street Global Advisors, Inc. Company 03. May 19 03. May 19 -1,195 €6.08 €-7,269
07. May 19 Sell Barclays Bank PLC, Securities Investments Company 03. May 19 03. May 19 -4,252 €6.13 €-26,075
07. May 19 Buy Barclays Bank PLC, Securities Investments Company 03. May 19 03. May 19 22,902 €6.13 €140,442
03. May 19 Sell BlackRock, Inc. Company 02. May 19 02. May 19 -62,427 €6.11 €-379,292
03. May 19 Buy BlackRock, Inc. Company 02. May 19 02. May 19 300 €5.97 €1,792
03. May 19 Sell Legal & General Investment Management Limited Company 02. May 19 02. May 19 -16,297 €6.03 €-98,261
03. May 19 Sell Barclays Bank PLC, Securities Investments Company 02. May 19 02. May 19 -34,349 €6.10 €-209,502
03. May 19 Sell Jefferies Financial Group Inc.,Asset Management Arm Company 29. Apr 19 29. Apr 19 -25,113 €5.77 €-144,845
03. May 19 Buy Jefferies Financial Group Inc.,Asset Management Arm Company 29. Apr 19 29. Apr 19 25,119 €5.81 €145,868
02. May 19 Sell BlackRock, Inc. Company 01. May 19 01. May 19 -25,851 €6.15 €-158,861
02. May 19 Sell Legal & General Investment Management Limited Company 01. May 19 01. May 19 -34,871 €6.18 €-215,622
02. May 19 Sell Barclays Bank PLC, Securities Investments Company 01. May 19 01. May 19 -50,037 €6.30 €-315,106
02. May 19 Buy Barclays Bank PLC, Securities Investments Company 01. May 19 01. May 19 76,932 €6.32 €486,553
01. May 19 Sell Legal & General Investment Management Limited Company 30. Apr 19 30. Apr 19 -43,694 €6.14 €-268,458
01. May 19 Sell BlackRock, Inc. Company 30. Apr 19 30. Apr 19 -71,724 €6.16 €-441,609
01. May 19 Buy BlackRock, Inc. Company 30. Apr 19 30. Apr 19 11,632 €6.13 €71,304
30. Apr 19 Sell Barclays Bank PLC, Securities Investments Company 29. Apr 19 29. Apr 19 -36,793 €6.01 €-221,154
30. Apr 19 Buy Barclays Bank PLC, Securities Investments Company 29. Apr 19 29. Apr 19 51,888 €6.01 €311,868
30. Apr 19 Sell The Bank of Nova Scotia, Banking Investments Company 29. Apr 19 29. Apr 19 -200 €5.94 €-1,180
30. Apr 19 Buy The Bank of Nova Scotia, Banking Investments Company 29. Apr 19 29. Apr 19 200 €5.94 €1,180
30. Apr 19 Sell BlackRock, Inc. Company 29. Apr 19 29. Apr 19 -87,276 €5.89 €-513,627
29. Apr 19 Sell BlackRock, Inc. Company 26. Apr 19 26. Apr 19 -91,114 €5.81 €-529,053
29. Apr 19 Buy BlackRock, Inc. Company 26. Apr 19 26. Apr 19 3,915 €5.79 €22,680
29. Apr 19 Sell Barclays Bank PLC, Securities Investments Company 26. Apr 19 26. Apr 19 -28,064 €5.80 €-162,681
29. Apr 19 Buy Barclays Bank PLC, Securities Investments Company 26. Apr 19 26. Apr 19 23,429 €5.80 €135,929
26. Apr 19 Sell Standard Life Aberdeen plc Company 25. Apr 19 25. Apr 19 -794 €5.83 €-4,627
26. Apr 19 Sell BlackRock, Inc. Company 25. Apr 19 25. Apr 19 -11,115 €5.94 €-66,048
26. Apr 19 Buy Legal & General Investment Management Limited Company 25. Apr 19 25. Apr 19 4,329 €5.98 €25,886
26. Apr 19 Sell Barclays Bank PLC, Securities Investments Company 25. Apr 19 25. Apr 19 -29,815 €5.98 €-178,243
26. Apr 19 Buy Barclays Bank PLC, Securities Investments Company 25. Apr 19 25. Apr 19 9,964 €5.87 €58,472
25. Apr 19 Sell BlackRock, Inc. Company 24. Apr 19 24. Apr 19 -54,367 €6.00 €-325,406
25. Apr 19 Sell Barclays Bank PLC, Securities Investments Company 24. Apr 19 24. Apr 19 -57,505 €6.00 €-345,013
25. Apr 19 Buy Barclays Bank PLC, Securities Investments Company 24. Apr 19 24. Apr 19 29,626 €6.00 €177,747
24. Apr 19 Sell Jefferies Financial Group Inc.,Asset Management Arm Company 23. Apr 19 23. Apr 19 -69,017 €6.01 €-415,135
24. Apr 19 Buy Jefferies Financial Group Inc.,Asset Management Arm Company 23. Apr 19 23. Apr 19 69,017 €5.99 €413,701
24. Apr 19 Buy State Street Global Advisors, Inc. Company 23. Apr 19 23. Apr 19 5,263 €5.94 €31,280
24. Apr 19 Sell BlackRock, Inc. Company 23. Apr 19 23. Apr 19 -22,395 €5.95 €-133,209
24. Apr 19 Sell The Bank of Nova Scotia, Banking Investments Company 23. Apr 19 23. Apr 19 -1,840 €5.99 €-10,977
23. Apr 19 Sell BlackRock, Inc. Company 18. Apr 19 18. Apr 19 -3,328 €5.89 €-19,606
23. Apr 19 Buy BlackRock, Inc. Company 18. Apr 19 18. Apr 19 1,281 €5.89 €7,547
23. Apr 19 Sell Schroder Investment Management Limited Company 18. Apr 19 18. Apr 19 -11,198 €5.83 €-65,289
23. Apr 19 Sell Barclays Bank PLC, Securities Investments Company 17. Apr 19 17. Apr 19 -27,212 €5.96 €-162,080
23. Apr 19 Sell Barclays Bank PLC, Securities Investments Company 18. Apr 19 18. Apr 19 -46,479 €5.89 €-273,902
23. Apr 19 Buy Barclays Bank PLC, Securities Investments Company 18. Apr 19 18. Apr 19 23,164 €5.89 €136,511
23. Apr 19 Sell The Bank of Nova Scotia, Banking Investments Company 18. Apr 19 18. Apr 19 -12,400 €5.90 €-72,298
23. Apr 19 Buy The Bank of Nova Scotia, Banking Investments Company 18. Apr 19 18. Apr 19 6,200 €5.83 €36,152
18. Apr 19 Buy Legal & General Investment Management Limited Company 17. Apr 19 17. Apr 19 2,958 €5.94 €17,574
18. Apr 19 Sell Barclays Bank PLC, Securities Investments Company 16. Apr 19 16. Apr 19 -43,604 €6.08 €-265,242
18. Apr 19 Buy Barclays Bank PLC, Securities Investments Company 16. Apr 19 16. Apr 19 41,162 €6.25 €257,391
18. Apr 19 Sell The Bank of Nova Scotia, Banking Investments Company 17. Apr 19 17. Apr 19 -12,400 €6.00 €-73,587
18. Apr 19 Buy The Bank of Nova Scotia, Banking Investments Company 17. Apr 19 17. Apr 19 6,200 €5.93 €36,781
18. Apr 19 Sell Jefferies Financial Group Inc.,Asset Management Arm Company 17. Apr 19 17. Apr 19 -43,249 €6.03 €0
18. Apr 19 Buy Jefferies Financial Group Inc.,Asset Management Arm Company 17. Apr 19 17. Apr 19 43,249 €5.93 €256,626
17. Apr 19 Sell Schroder Investment Management Limited Company 16. Apr 19 16. Apr 19 -1,646 €5.93 €-9,768
17. Apr 19 Sell The Bank of Nova Scotia, Banking Investments Company 16. Apr 19 16. Apr 19 -12,400 €6.06 €0
17. Apr 19 Buy The Bank of Nova Scotia, Banking Investments Company 16. Apr 19 16. Apr 19 6,200 €5.96 €36,979
16. Apr 19 Sell BlackRock, Inc. Company 15. Apr 19 15. Apr 19 -31,875 €5.96 €-189,972
16. Apr 19 Buy Legal & General Investment Management Limited Company 15. Apr 19 15. Apr 19 1,400 €5.95 €8,335
16. Apr 19 Sell Jefferies Financial Group Inc.,Asset Management Arm Company 15. Apr 19 15. Apr 19 -22,043 €6.07 €-133,903
16. Apr 19 Buy Jefferies Financial Group Inc.,Asset Management Arm Company 15. Apr 19 15. Apr 19 22,043 €6.09 €134,312
16. Apr 19 Sell Barclays Bank PLC, Securities Investments Company 15. Apr 19 15. Apr 19 -54,644 €5.98 €-326,586
16. Apr 19 Buy Barclays Bank PLC, Securities Investments Company 15. Apr 19 15. Apr 19 21,478 €6.05 €129,912
16. Apr 19 Sell The Bank of Nova Scotia, Banking Investments Company 15. Apr 19 15. Apr 19 -9,200 €6.08 €-54,818
16. Apr 19 Buy The Bank of Nova Scotia, Banking Investments Company 15. Apr 19 15. Apr 19 4,600 €5.96 €27,420
16. Apr 19 Sell Standard Life Aberdeen plc Company 15. Apr 19 15. Apr 19 -16,338 €5.95 €-97,238
15. Apr 19 Sell BlackRock, Inc. Company 12. Apr 19 12. Apr 19 -41,299 €6.06 €-248,288
15. Apr 19 Sell The Bank of Nova Scotia, Banking Investments Company 12. Apr 19 12. Apr 19 -12,800 €6.06 €-77,132
15. Apr 19 Buy The Bank of Nova Scotia, Banking Investments Company 12. Apr 19 12. Apr 19 6,400 €6.03 €38,561
15. Apr 19 Sell Barclays Bank PLC, Securities Investments Company 12. Apr 19 12. Apr 19 -47,958 €6.06 €-290,609
15. Apr 19 Buy Barclays Bank PLC, Securities Investments Company 12. Apr 19 12. Apr 19 17,261 €6.07 €104,708
12. Apr 19 Buy BlackRock, Inc. Company 11. Apr 19 11. Apr 19 3,888 €6.05 €23,527
12. Apr 19 Sell State Street Global Advisors, Inc. Company 11. Apr 19 11. Apr 19 -2,651 €6.05 €-16,042
12. Apr 19 Sell The Bank of Nova Scotia, Banking Investments Company 11. Apr 19 11. Apr 19 -12,800 €6.09 €0
12. Apr 19 Buy The Bank of Nova Scotia, Banking Investments Company 11. Apr 19 11. Apr 19 6,400 €6.04 €38,683
12. Apr 19 Sell Barclays Bank PLC, Securities Investments Company 11. Apr 19 11. Apr 19 -32,589 €6.09 €-198,405
12. Apr 19 Buy Barclays Bank PLC, Securities Investments Company 11. Apr 19 11. Apr 19 23,646 €6.09 €144,071
12. Apr 19 Buy Standard Life Aberdeen plc Company 11. Apr 19 11. Apr 19 1,629 €6.06 €9,874
11. Apr 19 Buy Schroder Investment Management Limited Company 10. Apr 19 10. Apr 19 25,339 €6.09 €153,895
11. Apr 19 Sell The Bank of Nova Scotia, Banking Investments Company 10. Apr 19 10. Apr 19 -26,400 €6.14 €-53,306
11. Apr 19 Buy The Bank of Nova Scotia, Banking Investments Company 10. Apr 19 10. Apr 19 17,600 €6.06 €106,591
11. Apr 19 Sell Barclays Bank PLC, Securities Investments Company 10. Apr 19 10. Apr 19 -42,795 €6.14 €-262,681
11. Apr 19 Buy Barclays Bank PLC, Securities Investments Company 10. Apr 19 10. Apr 19 27,627 €6.14 €169,501
10. Apr 19 Buy BlackRock, Inc. Company 09. Apr 19 09. Apr 19 3,884 €6.06 €23,549
10. Apr 19 Sell The Bank of Nova Scotia, Banking Investments Company 09. Apr 19 09. Apr 19 -17,600 €6.06 €0
10. Apr 19 Buy The Bank of Nova Scotia, Banking Investments Company 09. Apr 19 09. Apr 19 8,800 €6.00 €52,785
10. Apr 19 Sell Jefferies Financial Group Inc.,Asset Management Arm Company 09. Apr 19 09. Apr 19 -9,161 €6.07 €-55,619
10. Apr 19 Buy Jefferies Financial Group Inc.,Asset Management Arm Company 09. Apr 19 09. Apr 19 9,161 €6.02 €55,169
09. Apr 19 Sell The Bank of Nova Scotia, Banking Investments Company 08. Apr 19 08. Apr 19 -18,000 €5.91 €0
09. Apr 19 Buy The Bank of Nova Scotia, Banking Investments Company 08. Apr 19 08. Apr 19 9,000 €5.88 €52,957
09. Apr 19 Sell Barclays Bank PLC, Securities Investments Company 08. Apr 19 08. Apr 19 -58,677 €5.91 €-346,847
09. Apr 19 Buy Barclays Bank PLC, Securities Investments Company 08. Apr 19 08. Apr 19 33,490 €5.90 €197,603
X
Management checks
We assess Provident Financial's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Provident Financial has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PRVA News

Simply Wall St News

PRVA Company Info

Description

Provident Financial plc provides personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland. The company offers credit cards; consumer credit, including unsecured and online instalment loans; and finance for cars and light commercial vehicles. It serves 2.5 million customers through its network of branches, call centers, and Websites. The company was founded in 1880 and is headquartered in Bradford, the United Kingdom.

Details
Name: Provident Financial plc
PRVA
Exchange: DB
Founded: 1880
£505,110,312
250,489,881
Website: http://www.providentfinancial.com
Address: Provident Financial plc
No. 1 Godwin Street,
Bradford,
West Yorkshire, BD1 2SU,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE PFG Ordinary Shares London Stock Exchange GB GBP 10. May 1993
OTCPK FPLP.F Ordinary Shares Pink Sheets LLC US USD 10. May 1993
DB PRVA Ordinary Shares Deutsche Boerse AG DE EUR 10. May 1993
BATS-CHIXE PFGL Ordinary Shares BATS 'Chi-X Europe' GB GBP 10. May 1993
OTCPK FPLP.Y SPONSORED ADR Pink Sheets LLC US USD 22. Aug 2008
Number of employees
Current staff
Staff numbers
4,854
Provident Financial employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 21:30
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/01
Last earnings filing: 2020/03/16
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.