RIVERSIDE, Calif., July 28, 2022 (GLOBE NEWSWIRE) — Provident Financial Holdings, Inc. (“Company”), NASDAQ GS:PROV, the holding company of Provident Savings Bank, FSB, announced today that the Company’s board of directors has declared a quarterly cash dividend of $0.14 per share. Shareholders of the Company’s common stock at the close of business on August 18, 2022 are entitled to receive the cash dividend. The cash dividend will be payable on September 8, 2022.

Safe Harbor Declaration

Certain matters in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may relate to, among other things, expectations regarding the business environment in which the Company operates, future performance, perceived market opportunities, potential future credit experience and statements about the Company’s mission and vision. These forward-looking statements are based on management’s current expectations and therefore involve risks and uncertainties. The company’s actual results, performance or achievements could differ based on a variety of factors, including but not limited to the general business environment, interest rates, the California real estate market, competitive conditions between banks and non-bank financial services providers, regulatory changes and other risks, set forth in the Company’s reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended June 30, 2021.