Ohio Valley Banc Corp  (OVBC)
Other Ticker:  
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
Price: $23.5001 $-0.25 -1.052%
Day's High: $24 Week Perf: -0.47 %
Day's Low: $ 23.50 30 Day Perf: 0.00
Volume (M): 7 52 Wk High: $ 25.95
Volume (M$): $ 162 52 Wk Avg: $24.06
Open: $23.75 52 Wk Low: $21.67

 Market Capitalization (Millions $) 113
 Shares Outstanding (Millions) 5
 Employees 248
 Revenues (TTM) (Millions $) 56
 Net Income (TTM) (Millions $) 12
 Cash Flow (TTM) (Millions $) 39
 Capital Exp. (TTM) (Millions $) 3

Ohio Valley Banc Corp

Ohio Valley Banc Corp. is an Ohio corporation registered as a financial holding company pursuant to the Bank Holding Company Act of 1956, as amended (“BHC Act”). Ohio Valley was incorporated under the laws of the State of Ohio on January 8, 1992 and began conducting business on October 23, 1992. The principal executive offices of Ohio Valley are located at 420 Third Avenue, Gallipolis, Ohio 45631. Ohio Valley’s common shares are listed on The NASDAQ Global Market under the symbol “OVBC.” Ohio Valley has one banking subsidiary, The Ohio Valley Bank Company (the “Bank”). Ohio Valley also owns three nonbank subsidiaries, Loan Central, Inc., which engages in lending (“Loan Central”), Ohio Valley Financial Services Agency, LLC, which is used to facilitate the receipt of commissions on insurance sold by the Bank and Loan Central (“Ohio Valley Financial Services”), and OVBC Captive, Inc., a limited purpose property and casualty insurance company (“OVBC Captive”). Ohio Valley also owns one wholly-owned subsidiary trust formed solely to issue a trust preferred security.

Ohio Valley is also permitted to engage in certain non-banking activities under the provisions of the Gramm-Leach-Bliley Act (“GLB Act”), such as securities underwriting and dealing activities, insurance agency and underwriting activities and merchant banking/equity investment activities. Ohio Valley presently has an insurance agency, Ohio Valley Financial Services, which is used to facilitate the receipt of commissions on insurance sold by the Bank and Loan Central. Ohio Valley also has a captive insurance company, OVBC Captive, that is engaged in the business of providing commercial property and various liability insurance to the Company and related entities. Management will consider opportunities to engage in additional nonbanking activities as they arise.

The Bank is primarily engaged in commercial and retail banking. The Bank is a full-service financial institution offering a blend of commercial and consumer banking services within southeastern Ohio as well as western West Virginia. The banking services offered by the Bank include the acceptance of deposits in checking, savings, time and money market accounts; the making and servicing of personal, commercial, floor plan and student loans; and the making of construction and real estate loans. The Bank also offers individual retirement accounts, safe deposit boxes, wire transfers and other standard banking products and services. As part of its lending function, the Bank offers credit card services. The Bank’s deposits are insured up to applicable limits by the Federal Deposit Insurance Corporation (“FDIC”). In addition to originating loans, the Bank invests in U.S. government and agency obligations, interest-bearing deposits in other financial institutions, and other investments permitted by applicable law.

Loan Central is engaged in consumer finance, offering smaller balance personal and mortgage loans to individuals with higher credit risk history. Loan Central’s line of business also includes seasonal tax refund loan services. Loan Central presently has seven offices, all located within southeastern Ohio.

Ohio Valley Financial Services is a licensed insurance agency that is used to facilitate the receipt of commissions on insurance sold by the Bank and Loan Central. Ohio Valley Financial Services is licensed by the State of Ohio Department of Insurance.

OVBC Captive is a pure captive insurance company engaged in providing commercial property and various liability insurance to the Company and affiliates. OVBC Captive has been approved under the guidelines of the State of Nevada Division of Insurance.

   Company Address: 420 Third Avenue Gallipolis 45631 OH
   Company Phone Number: 446-2631   Stock Exchange / Ticker: NASDAQ OVBC

Customers Net Income grew by OVBC's Customers Net Profit Margin grew to

76.24 %

15.09 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


Stock Performances by Major Competitors

5 Days Decrease / Increase
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Ohio Valley Banc Corp

Ohio Valley Banc Corp Reports Decline in First Quarter 2024 Revenue

In the fiscal period ending March 31, 2024, Ohio Valley Banc Corp experienced a decline in its income per share by 29.27%, settling at $0.58 per share compared to $0.82 in the previous year. Additionally, profits fell by 14.84% from $0.68 per share in the prior reporting period. This decline has negatively impacted the company's financial performance.
Moreover, the revenue for Ohio Valley Banc Corp depreciated by 5.767% to $14.14 million from $15.00 million in the same reporting period a year earlier. Looking sequentially, revenue decreased by 0.507% from $14.21 million. These figures indicate a decline in the company's overall revenue, which is another concerning factor in their financial results.

Ohio Valley Banc Corp

OVBC Impresses Market with Revenue Growth, But Concerns Linger Over Shrinking EPS

In the face of a challenging landscape for regional banks, Ohio Valley Banc Corp (OVBC) managed to achieve expanding sales in its most recent fiscal period. However, the company experienced a shrinking earnings per share (EPS), raising questions about its future prospects. Let's delve into the financial results to better understand how these developments may impact the company going forward.
Expanding Sales, Decreasing EPS:
OVBC reported a 9.944% increase in revenue, reaching $14.21 million compared to $12.92 million on a year-over-year basis. While this indicates positive growth, the bottom-line paints a different picture, with EPS decreasing by 7.99% to $0.68 per share from $0.74 in the prior year's reporting season. This discrepancy suggests that OVBC's profitability is not keeping pace with its revenue growth.

Ohio Valley Banc Corp

Ohio Valley Banc Corp Reports Soft Revenue in Financial Time-Frame Closing Sep 30, 20232. Mixed Results for Ohio Valley Banc Corp: Decline in Income and Revenue, but Trading Above 52-Week Low3. Ohio Valley Banc Corp's Financial Performance: Decrease in Income and Revenue, Challenging Outlook4. Ohio Valley Banc Corp's Profits Continue to Decline: Decreased Income and Shrinking Margins

Ohio Valley Banc Corp, a regional bank based in Ohio, has experienced mixed results in the most recent fiscal period. While the company saw a significant decline in both income per share and revenue, it has managed to trade 10.6% above its 52-week low. This article will explore the company's financial performance and provide an analysis of its outlook.
In the most recent fiscal period, Ohio Valley Banc Corp reported a decrease in income per share of -38.96% and a decline in revenue of -12.01% year on year. The company's revenue dropped from $14.84 million to $13.06 million, while earnings per share fell from $0.77 to $0.47 compared to the same time frame in the prior year.
These results indicate a challenging period for Ohio Valley Banc Corp, as it experienced a decline in both top-line and bottom-line growth. However, it's important to note that the rest of the Regional Banks industry posted a revenue gain in the third quarter of 2023.
Comparing the most recent fiscal period to the prior one, Ohio Valley Banc Corp's income declined by -30.88% from $0.68 per share, and revenue deteriorated by -8.718% from $14.30 million. Additionally, the company's earnings in the third quarter of 2023 fell by -39% from $3.690 million in the corresponding period a year before.
These figures highlight a consistent pattern of decreasing profitability for Ohio Valley Banc Corp. The company's operating margin fell from 30.27% in the third quarter of 2022 to 20.5% in the third quarter of 2023, while its net margin shrank to 17.24%. This decline in margins suggests a decrease in the company's profitability.

Ohio Valley Banc Corp

Ohio Valley Banc Corp Reports Impressive 61.9% Surge in Q2 2023 Income per Share

Ohio Valley Banc Corp, a financial institution, has recently released its fiscal numbers for the period ending June 30, 2023. The company displayed pleasant results with an increase in revenue and a jump in bottom-line profits. However, there was a slight decrease in revenue on a quarterly basis.
In terms of revenue, Ohio Valley Banc Corp reported $14.30 million, which is 15.57% higher compared to the previous year. This indicates that the company has experienced growth in its top-line figures. However, there was a slight decrease of -4.647% in revenue on a quarterly basis. While this decrease may raise some concerns, it is important to note the overall year-on-year growth.

Ohio Valley Banc Corp

Ohio Valley Banc Corp Faces Revenue Growth, but Suffers Sharp Decline in Income: Are Troubled Waters Threatening the Financial Stability?

Ohio Valley Banc Corp has recently reported its financial performance for the most recent fiscal period, ending on June 30th, 2023. While the company saw a revenue advance of 1.105%, this increase was overshadowed by a decline in income of -5.75% from the comparable quarter a year before. In terms of numbers, revenue was reported at $15.00 million and earnings per share (EPS) at $0.82.
It is worth noting that Ohio Valley Banc Corp's earnings per share did increase in comparison to the previous quarter, by 10.79%, from $0.74 per share. Additionally, revenue improved by 16.081% from $12.92 million. However, the company's net income of $3.908 million in the most recent fiscal period fell by -5.26% from $4.125 million in the corresponding period a year before.


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