Provident Bancorp's Earnings Growth Challenges Investor Narratives Despite Tepid Growth Outlook

Provident Bancorp (PVBC) reported a 136.1% earnings growth, with net profit margins rising to 20.2% from 9.6% last year. However, revenue is expected to grow at 1.7% per year, and earnings are forecast to decline by 3.8% annually over the next three years, making investors face a mixed outlook for future growth and profitability.