Provident Bankshares Corp. (PBKS) is in the Financial Services Industry

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• Provident Bankshares Corporation Q2 2008 Earnings Call Transcript

  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...

  Earnings calls 2008-07-17

  Tags: Provident Bankshares Corp.

• Provident Bankshares Q1 2008 Earnings Call Transcript

  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,...

  Earnings calls 2008-04-17

  Tags: Provident Bankshares Corp.

• Provident Bankshares Corp. Q4 2007 Earnings Call Transcript

  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...

  Earnings calls 2008-01-17

  Tags: Provident Bankshares Corp.

Additional Resources

• Week in Review

  Was pay 'fair and reasonable'? Attorneys for CareFirst Inc. and the Maryland Insurance Administration quibbled Wednesday over how to read a law created to ensure that insurer's executive pay was "fair and reasonable." Both sides gave their closing arguments in the compensation hearing...

  Articles 2008-06-20

• Md.-based Provident Bankshares hurt even without subprime loans

  Provident Bankshares Corp.'s stock rebounded Monday, after falling to a 15-year low Friday, on what analysts said were continuing fears of exposure to home equity and construction loans. Shares of Maryland's largest locally owned bank dropped to $6.77 last week, down significantly from...

  Articles 2008-06-17

• Don't overlook the financial sector: Fred Cummings says there's still money to be made in regional banks

  Some might think he's kidding, but Fred Cummings says investors shouldn't summarily dismiss banking stocks. Though it currently seems like one of the worst sectors and a most inopportune time, Cummings believes there are golden opportunities to be found--particularly among select small and midsize banks. ...

  Articles 2008-06-01

• Fitch Rates Provident Bank of Maryland Subordinated Debt Issue 'BBB-'

  NEW YORK -- Fitch assigned a 'BBB-' rating to the $50 million subordinated notes issued by Provident Bank of Maryland, the banking subsidiary of Provident Bankshares, Corp. The notes, which carry a coupon of 9.50%, mature May 1, 2018 and are callable at par beginning on May 1, 2013. ...

  Articles 2008-04-24

• Baltimore-based Provident Bankshares posts quarterly loss

  Provident Bankshares Corp., of Baltimore, Maryland's largest independent commercial bank, reported a first-quarter loss as it wrote off $42.7 million in real estate investments and slashed its dividend by 66 percent. The net loss was $17.6 million, or 56 cents a share, compared with net income of...

  Articles 2008-04-18

• Baltimore's Provident Bankshares unveils funding plan

  Provident Bankshares Corp., the parent company of Provident Bank, of Baltimore, announced a multi-tiered plan to strengthen its capital base. It includes the issuance of $65 million in equity securities and a subordinated debt offering of $50 million for a total of $115 million of new capital. Also included in...

  Articles 2008-04-14

• Fitch Affirms Provident Bankshares, Corp. L-T IDR at 'BBB'; Outlook Stable

  CHICAGO -- Fitch has affirmed all ratings for Provident Bankshares, Corp. and its banking subsidiary Provident Bank of Maryland. A full list of ratings appears at the end of this release. The Rating Outlook is Stable. Provident Bankshares, Corp. --Long-term IDR at 'BBB'; --Short-term...

  Articles 2008-03-13

• Fed's move, market's big rally help propel Baltimore-area firms'

  Maryland's bank and financial institution stocks climbed Tuesday following a move by the Federal Reserve to substitute $200 billion in stable Treasury bonds for mortgage bonds. But analysts said the rise in stock prices for area financial firms was an indirect result of the Fed's actions. ...

  Articles 2008-03-12

• More losses for Provident Bankshares Corp. of Baltimore

  Provident Bankshares Corp. announced Tuesday that it anticipates a $47.7 million write-down in the first quarter for mortgage- related investments. That follows a $47.5 million write-down in the real estate investment trust securities portfolio that the Baltimore bank reported in January. The charges are related to the weakening credit and...

  Articles 2008-02-28

• Provident Bankshares Corporation Anticipates Additional Write-Downs In Investment Portfolio

  Company to host conference call on February 27, 2008 at 9:00 A.M. BALTIMORE, Feb. 26 /PRNewswire-FirstCall/ -- Provident Bankshares Corporation , the parent company of Provident Bank, announced today that it anticipates additional write downs on its REIT trust preferred securities portfolio. As previously reported, the...

  Articles 2008-02-27

• REIT write-downs impact Baltimore-based Provident

  Provident Bankshares Corp., the parent company of Baltimore- based Provident Bank, said Wednesday a fourth-quarter net loss of $15.5 million, or 49 cents per diluted share, came largely from write-downs in its real estate investment trust portfolio. This compared to net income of $11.3 million, or...

  Articles 2008-01-17

• Baltimore-based Provident Bank's costly writedowns

  Provident Bankshares Corp., of Baltimore, said Friday fourth- quarter earnings will be reduced by $32.6 million because of writedowns on its investment portfolio and rising loan-loss provisions. The writedowns and loss provisions will reduce earnings by $1.02 per share for the fourth quarter. Provident will take a $28.9 million noncash...

  Articles 2008-01-14

• Has added Provident Bankshares Corp. to their watch list.

  M2 PRESSWIRE-11 January 2008-MB Alerts: Has added Provident Bankshares Corp. to their watch list.C1994-2008 M2 COMMUNICATIONS LTD RDATE:11012008 Maybach Financial Group is a syndicate of financial analysts, with a core group representing over 250 years of total investing experience. ...

  Articles 2008-01-11

• Provident Bank Rewards NorthBay with a $20,000 Donation

  Provident Sponsors NorthBay Graduate Educator Position for a Second Time. BALTIMORE -- Provident Bank recently granted NorthBay a $20,000 donation to support one of ten graduate educator positions on their professional teaching staff. NorthBay, an environmental education center located in North East, Md., is the...

  Articles 2007-12-12

• Baltimore-based Provident Bank's profit drops

  Provident Bankshares Corp., of Baltimore, reported its third- quarter profit slipped 22 percent due to having to pay higher interest rates to lure deposits and being forced to squirrel away money to prepare for unpaid loans. The parent company of Provident Bank of Maryland said it earned $16 million, or...

  Articles 2007-10-19

• Baltimore-based Provident Bankshares Corp. deal closes

  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...

  Articles 2007-09-12

• Baltimore-based Provident inks GE to manage its MasterCard

  Provident Bank announced a new credit card management deal Tuesday with GE Money that will provide customers with new features like a rewards program, but will require current bank MasterCard holders to reapply for a new card. GE Money took over management of the Provident Bank Platinum...

  Articles 2007-09-06