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Company Profile for Provident Financial Holdings, Inc.


Business Editors

--(BUSINESS WIRE)

Provident Financial Provident Financial plc is a financial services group based in Bradford, England. It specialises in home credit, but also owns Vanquis Bank which offers credit cards. Domestic Operations  Holdings, Inc. is the largest financial institution headquartered in Riverside County, with assets of $1.2 billion as of September 30, 2003. Its twelve Provident prov·i·dent  
adj.
1. Providing for future needs or events.

2. Frugal; economical.



[Middle English, from Latin pr
 Bank full-service banking offices serve individuals and businesses in Southern California's growing Inland Empire In·land Empire  

A region of the northwest United States between the Cascade Range and the Rocky Mountains, comprising eastern Washington, eastern Oregon, northern Idaho, and western Montana. Farming, lumbering, and mining are important to the area.
 region, which comprises Riverside and San Bernardino San Bernardino, city, United States
San Bernardino (săn bûr'nədē`nō), city (1990 pop. 164,164), seat of San Bernardino co., S Calif., at the foot of the San Bernardino Mts.; inc. 1854.
 counties. Provident also operates nine Provident Bank Mortgage loan production offices, where it originates, sells and services single-family loans.

The Inland Empire population grew at a compounded annual rate of 2.8% between 2000 to 2003 to 3.5 million people, comprising 17% of Southern California's population and making it California's second-largest metropolitan region behind Los Angeles-Long Beach. It affords an attractive living standard with a higher median income and lower average home price than neighboring neigh·bor  
n.
1. One who lives near or next to another.

2. A person, place, or thing adjacent to or located near another.

3. A fellow human.

4. Used as a form of familiar address.

v.
 Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  and Orange counties, and accounted for more than 50% of Southern California's new home sales New Home Sales

An economic indicator that measures sales of newly built homes. Released by the U.S. Department of Commerce's Census Bureau, it includes both quantity and price statistics.
 during the past two years due also to the availability of undeveloped land. The region was California's job growth leader during the 12-months ended July 2003, adding nearly 21,000 jobs to its workforce. Financial deposits, another indicator of the financial strength of the Inland Empire region's population and businesses, increased 9.4% to $26.8 billion from 2001 to 2002. (Source: Inland Empire Quarterly Economic Report (October 2003) and Inland Empire Review (November 2003))


   Company:                Provident Financial Holdings, Inc.

   Headquarters Address:   3756 Central Avenue
                           Riverside, CA 92506

   Main Telephone:         909-686-6060

   Website:                http://www.myprovident.com

   Ticker:                 PROV(NASDAQ)

   Type of Organization:   Public

   Industry:               Regional Bank

   Key Executives:         CEO: Craig Blunden
                           CFO: Donavon Ternes

   Investor Relations
     Contact:              Donavon Ternes
     Phone:                909-686-6060

   Investor Relations
     Contact:              Philip Bourdillon
     Phone:                310-208-2550
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Geographic Code:1USA
Date:Jan 9, 2004
Words:273
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