OverviewSuggest Edit

Established in 1880, Provident Financial is one of the UK’s leading suppliers of personal credit products to the non-standard lending market. We serve over 2.5 million customers through our online businesses: Satsuma and glo and through Provident, our home credit business. Take a look at our careers tab above for all the latest news and vacancies in Provident's Consumer Credit Division. With over 1000 colleagues at our Bradford head office, we have a number of specialist departments that are regularly recruiting due to business growth.

TypePublic
Founded1880
HQBradford, GB
Websiteprovidentfinancial.com

Latest Updates

Employees (est.) (May 2021)4,854
Revenue (FY, 2018)£1.1 B(-6%)
Share Price (Jun 2021)£2.4
Cybersecurity ratingBMore

Key People/Management at Provident Financial

Andrea Blance

Andrea Blance

Senior Independent Director
Paul Hewitt

Paul Hewitt

Independent non-executive director
Patrick Snowball

Patrick Snowball

Chairman
Margot James

Margot James

Independent Non-Executive Director
Malcolm Le May

Malcolm Le May

Chairman, Chief Executive Officer
Elizabeth Chambers

Elizabeth Chambers

Independent Non-Executive Director
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Provident Financial Office Locations

Provident Financial has offices in Bradford and Liverpool
Bradford, GB (HQ)
1 Godwin St
Liverpool, NY, US
Liverpool, NY, USA
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Provident Financial Financials and Metrics

Provident Financial Revenue

Provident Financial's revenue was reported to be £1.12 b in FY, 2018 which is a 6% decrease from the previous period.
GBP

Revenue (FY, 2018)

1.1b

Revenue growth (FY, 2017 - FY, 2018), %

(6%)

Net income (FY, 2018)

60.3m

Market capitalization (11-Jun-2021)

605.1m

Closing stock price (11-Jun-2021)

2.4

Cash (31-Dec-2018)

387.9m

EV

267.0m
Provident Financial's current market capitalization is £605.1 m.
GBPFY, 2016FY, 2017FY, 2018

Revenue

1.2b1.2b1.1b

Revenue growth, %

1%(6%)

Pre tax profit

343.9m(123.0m)90.7m

Income tax expense

81.0m11.4m30.4m
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

119.0m145.9m153.4m223.7m282.9m387.9m

Accounts Receivable

100.0k100.0k100.0k100.0k2.0b1.8b

Current Assets

1.7b1.9b2.0b2.3b2.4b2.3b

PP&E

22.8m27.4m29.5m30.3m30.9m24.6m
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

141.0m175.6m218.2m262.9m(134.4m)60.3m

Cash From Operating Activities

74.2m104.3m81.5m11.7m(56.7m)(39.7m)

Dividends Paid

108.4m123.4m148.9m180.6m

Cash From Financing Activities

(25.4m)59.4m(57.3m)78.2m184.8m152.0m
GBPFY, 2013

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

4.3 x
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Provident Financial Operating Metrics

Provident Financial's Customers was reported to be 2.5 m in H1, 2017.
H1, 2014FY, 2014H1, 2015FY, 2015H1, 2016FY, 2016H1, 2017

Agents

7.7 k5.5 k

Customers

2.5 m2.4 m2.4 m2.4 m2.4 m2.4 m2.5 m

Customers (CCD)

1.25 m1.07 m1.01 m948 k875 k862 k801 k

Customers (Vanquis Bank)

1.18 m1.29 m1.36 m1.42 m1.45 m1.55 m1.65 m
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Provident Financial Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Provident Financial Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Provident Financial Online and Social Media Presence

Embed Graph

Provident Financial News and Updates

Provident Financial to shut doorstep lending arm after 141 years as it crashes to loss

Troubled sub-prime lender Provident Financial today confirmed plans to shutter its doorstep lending arm as it reported a hefty loss The post Provident Financial to shut doorstep lending arm after 141 years as it crashes to loss appeared first on CityAM.

Provident Financial Holdings Announces Extension of April 2020 Stock Repurchase Plan

RIVERSIDE, Calif., April 27, 2021 (GLOBE NEWSWIRE) -- 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 an extension of the April 2020 Stock Repurchase Plan (“Pla…

Provident Financial Holdings Reports Third Quarter Fiscal 2021 Results

The Company Reports Net Income of $1.56 Million in the March 2021 Quarter

Provident Financial reveals watchdog probe of home credit division

Doorstep lender Provident Financial has today revealed that it is being investigated by the Financial Conduct Authority (FCA) over its The post Provident Financial reveals watchdog probe of home credit division appeared first on CityAM.

Provident Financial Holdings Reports Second Quarter Fiscal 2021 Results

The Company Reports Net Income of $1.18 Million in the December 2020 Quarter

Provident Financial Holdings to Host Earnings Release Conference Call

RIVERSIDE, Calif., Jan. 20, 2021 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. (“Company”) (Nasdaq GS: PROV), the holding company for Provident Savings Bank, F.S.B., today announced that it will distribute a news release announcing earnings for the second quarter of fiscal 2021 at 7:00 p.…
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Provident Financial Frequently Asked Questions

  • When was Provident Financial founded?

    Provident Financial was founded in 1880.

  • Who are Provident Financial key executives?

    Provident Financial's key executives are Andrea Blance, Paul Hewitt and Patrick Snowball.

  • How many employees does Provident Financial have?

    Provident Financial has 4,854 employees.

  • What is Provident Financial revenue?

    Latest Provident Financial annual revenue is £1.1 b.

  • What is Provident Financial revenue per employee?

    Latest Provident Financial revenue per employee is £231.6 k.

  • Who are Provident Financial competitors?

    Competitors of Provident Financial include Marsh, ATB Financial and Supreme Lending.

  • Where is Provident Financial headquarters?

    Provident Financial headquarters is located at 1 Godwin St, Bradford.

  • Where are Provident Financial offices?

    Provident Financial has offices in Bradford and Liverpool.

  • How many offices does Provident Financial have?

    Provident Financial has 2 offices.