Provident Bankshares Corp.

provident bankshares corp. - All News and Analysis

• Provident Bankshares Corporation Q3 2008 (Qtr End 9/30/08) Earnings Call Transcript

  Seeking Alpha - 2008-10-27

  Question-and-Answer Session Operator Operator Instructions Our first question comes from John Pancari – JP Morgan. John Pancari – JP Morgan Can you talk to us a little bit more about your margin outlook and the impact of the swap that you expect and how...

  Tags: Asset, CD, Deposit, J.P. Morgan Chase & Co., Call Transcript, Earnings, Asset Management, Operational Planning, Business Operations, Seeking Alpha, Provident Bankshares Corp.

• Provident Bankshares Corporation Q2 2008 Earnings Call Transcript

  Seeking Alpha - 2008-07-17

  Question-and-Answer Session Operator Operator instructions Your first question comes from the line of John Pancari of J.P. Morgan. Please proceed. John Pancari – J.P. Morgan Good afternoon. Could you run to a little bit more detail just, I guess, if you could just talk about your delinquencies...

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• Provident Bankshares Q1 2008 Earnings Call Transcript

  Seeking Alpha - 2008-04-17

  Question-and-Answer Session Operator Our first question comes from the line of John Pancari - JP Morgan. John Pancari - JP Morgan In terms of the increase in the 90 days past due, I believe you had indicated that its partly home equity but also residential construction,...

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• Provident Bankshares Corp. Q4 2007 Earnings Call Transcript

  Seeking Alpha - 2008-01-17

  Earnings Call ExcerptProvident Bankshares Corp. PBKS Q4 2007 Earnings Call January 17, 2008 10:00am Executives Gary Geisel – Chairman Chief Exec. Officer Dennis Starliper – Chief Financial Officer Robert Newton – Executive VP of Commercial Banking H. Les Patrick – Exec. VP Real Estate...

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• Baltimore-based Provident Bankshares Corp. deal closes

  - 2007-09-12

  Provident Bankshares Corp., of Baltimore, the holding company for Provident Bank, and Union Bankshares Corp., of Bowling Green, Va., announced the completion of the sale of the deposits and facilities of six Provident branches in Virginia to Union. The branches sold are located in Charlottesville, Middleburg, Warrenton (2) and Winchester...

  Tags: Baltimore, Banking, Provident Bank, Provident Bankshares Corp., Virginia

• Baltimore-based Provident Bankshares Corp. continues to look for

  - 2007-04-20

  Provident Bankshares Corp. will continue to look for cost savings over the course of the year, and is not finished examining its branch network after closing seven offices this year. In a conference call with analysts to discuss the company's first- quarter earnings, Provident officials said they expect...

  Tags: bank, Provident Bank, Provident Bankshares Corp.

• Provident Bankshares Corp.'s stock being listed in Nasdaq Global

  - 2006-07-06

  Provident Bankshares Corp., of Baltimore, the parent company of Provident Bank, announced that its stock is being listed in the Nasdaq Global Select Market, a step up from its former listing in the Nasdaq National Market. Its stock will continue to be traded under the symbol PBKS. Since Monday, Nasdaq-listed...

  Tags: FINANCE, Investment, Nasdaq Stock Market Inc., Provident Bankshares Corp., stock

• South Carolina Investors' Group Pushes for Sale of Bank.(Knight Ridder/Tribune Business News)

  - 2000-03-31

  Mar. 29--Stepping up efforts to force a sale of Baltimore-based Provident Bankshares Corp., a South Carolina investor group wrote shareholders that the strategy makes sense both short- and long-term. Provident is in a proxy fight with Mid-Atlantic Investors, a partnership of Charleston industrialist Jerry...

  Tags: bank, FINANCE, Investment, investor, Provident Bank, Provident Bankshares Corp., shareholder, stock

Additional Resources

• KBW Announces Changes to KBW Regional Banking Index , KBW Bank Index , and KBW Mortgage Finance Index

  - 2008-12-26

  NEW YORK -- Keefe, Bruyette & Woods, Inc., a full service investment bank that specializes in the financial services sector, and a wholly owned subsidiary of KBW, Inc. (NYSE: KBW), today announced upcoming changes to the KBW Bank Index (BKXSM), KBW Regional Banking Index (KRXSM), and KBW Mortgage Finance Index...

• With M&T Bank Corp.'s takeover of Provident, Md. loses biggest local

  - 2008-12-22

  The acquisition of Provident Bankshares Corp. by Buffalo, N.Y.- based M&T Bank Corp. removes yet another player in what was a much more crowded regional banking market just a decade ago. As federal rules for consolidation have relaxed over the past several years, many medium-sized banks have...

• Fitch Affirms M&T Bank at 'A-'; Provident Bankshares on Watch Positive on Merger

  - 2008-12-19

  CHICAGO -- Fitch Ratings has affirmed all ratings for M&T Bank Corporation MTB and its principal bank subsidiaries, including the following long-and short-term Issuer Default Ratings IDRs: -- Long-term IDR at 'A-' -- Short-term IDR at 'F1'. The Rating Outlook for MTB remains Stable....

• M&T Bank Corporation to Acquire Provident Bankshares Corporation

  - 2008-12-19

  Merger Strengthens M&T's Mid-Atlantic Franchise BUFFALO, N.Y. and BALTIMORE, Md., Dec. 19 /PRNewswire-FirstCall/ -- M&T Bank Corporation ("M&T") and Provident Bankshares Corporation ("Provident") announced today that they have entered into a definitive agreement under which Provident will be acquired by M&T in a stock-for-stock transaction...

• Feds now own 151,500 shares of Maryland-based Provident Bank

  - 2008-11-18

  Taxpayers took a $151 million stake in Provident Bank Monday. The company's parent, Provident Bankshares Corp., said the bank agreed to take part in the government's $125 billion Troubled Asset Relief Program targeted at regional banks to get money flowing again. As part of...

• Provident Bankshares Receives $151 Million Investment from U.S. Treasury

  - 2008-11-17

  BALTIMORE, Nov. 17 /PRNewswire-FirstCall/ -- Provident Bankshares Corporation , the parent company of Provident Bank, today announced that it has received a $151 million investment from the U.S. Treasury as part of the federal government's TARP Capital Purchase Program. Provident Bankshares sold $151 million in Senior Preferred shares and...

• Big write-downs lead to $5.4M 3Q loss for Baltimore-based Provident

  - 2008-10-28

  Provident Bankshares Corp. took a $5.4 million net loss for the third quarter, compared to a gain last year, because of $24.6 million in write-downs in residential loan portfolios, the company reported Monday. Provident also said that the U.S. Treasury had accepted the bank into its...

• Provident Bankshares Reports Financial Results for Third Quarter of 2008

  - 2008-10-27

  Balance Sheet Remains Strong with Healthy Capital and Liquidity Positions Company Declares Quarterly Common Stock Dividend of $0.11 Per Share BALTIMORE, Oct. 27 /PRNewswire-FirstCall/ -- Provident Bankshares Corporation , the parent company of Provident Bank, today reported financial results for the third quarter of 2008....

• Provident Bankshares Announces Acquisition of Chevy Chase Bank Deposits at Seven Giant Food In-Store Branches in Baltimore

  - 2008-10-15

  BALTIMORE, Oct. 15 /PRNewswire-FirstCall/ -- Provident Bankshares Corporation , the parent company of Provident Bank, announced today that it has signed an agreement to acquire the deposits located at seven Chevy Chase Bank in-store branches in the Greater Baltimore area. The seven Chevy Chase Bank branches are located...

• Provident Bankshares Announces Third Quarter 2008 Earnings Conference Call

  - 2008-10-09

  BALTIMORE, Oct. 9 /PRNewswire-FirstCall/ -- Provident Bankshares Corporation , the parent company of Provident Bank, today announced that it will issue its earnings release for the third quarter of 2008 on Monday, October 27, 2008 before the market opens. The earnings release will be posted on the Company's...

• New $16.7M charge causes Baltimore-based Provident Bankshares to

  - 2008-08-13

  Casting a pall over some earlier good earnings news, Maryland's largest independent bank said Tuesday it was reducing its reported net income for the second quarter of 2008 by $4.9 million. In a filing with the Securities and Exchange Commission, Baltimore-based Provident Bankshares Corp. said its accounting...

• Baltimore-based Provident shares see big rebound

  - 2008-07-24

  Baltimore-based Provident Bankshares Corp. has rebounded over the past week, with shares more than doubling from their yearly low since the company's quarterly earnings report was issued last Thursday. Analysts and company officials said doubts about the banking industry and the company hurt shares of Maryland's largest...

• Incorporated: 1987
• CEO: Mr. Gary N. Geisel
• Employees: 1,635