After hiring a MetLife mortgage team in northern California, Provident Financial Holdings (PROV) said its fiscal fourth-quarter profit more-than doubled from a year ago.
Net income at the $1.3 billion-asset thrift rose 105%, to $4.3 million, from a year earlier, the company said Monday. Its earnings per share of 39 cents beat consensus analysts' estimates by 24 cents, according to Thomson Reuters. The results were for the period ending June 30, the final quarter of the thrift's fiscal year.
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