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Ohio Valley Banc Corp  (OVBC)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial


 

Ohio Valley Banc Corp

OVBC's Financial Statements and Analysis



Ohio Valley Banc Corp reported in the forth quarter of 2023 net earnings per share of $0.68 a decrease by -7.99 % year on year from $0.74 and an improvement of 44.9 % from $0.47 realized in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 0.68 $  14 Mill
$-0.06     -7.99 % $+1M     +9.94 %



Ohio Valley Banc's Revenue rose by 9.94 % in forth quarter of 2023 (Dec 31 2023) year on year, to $14 million and advanced by 8.82 % sequentially.


Ohio Valley Banc is Expected to report next financial results on March 22, 2024.

More on OVBC's Income Statement



Ohio Valley Banc's net income of $3.223 million in the forth quarter of 2023 decreased by -8.54 % from net earnings of $3.524 million achieved in IV. Quarter a year ago.

Sequentially net earnings grew by 43.18 % from net income of $2.251 million realized in previous quarter.

More on OVBC's Growth

Ohio Valley Banc Inventories
OVBC's Cash flow In the forth quarter of 2023 company's net cash flow was $37 million, capital expenditures fell by -0.326116.26%, to $-1 millions compare to same quarter a year ago

More on OVBC's Cash flow Statement


Ohio Valley Banc Corp payed out dividend of $1.02 per share in last 52 weeks representing 38.49 % of net earning per share in trailing twelve-month period.

During the same period Ohio Valley Banc Corp earned $ 4.38 cash per share, on a free-cash flow basis 165.43 % of net earning per share.

Book value grew by 6.54 % sequentially to $30.43 per share, 78.05% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 28.88 per share from $ 27.03.

Company repurchased 0.06 million shares or 1.19 % in Dec 31 2023.
Interest Coverage Ratio was 1.96. Debt Coverage Ratio was 0.74.

More on OVBC's Dividends

 Market Capitalization (Millions) 116
 Shares Outstanding (Millions) 5
 Total Debt (Millions $) 53
 Revenue (TTM) (Millions $) 57
 Net Income (TTM) (Millions $) 13
 Cash Flow (TTM) (Millions $) 82
 Capital Exp. (TTM) (Millions $) -3
 Dividend TTM ($) 1.02 $
 Dividend Yield TTM (%) 3.64 %
 Employees (TTM) $ 248




Ohio Valley Banc Corp payed out dividend of $1.02 per share in the last 52 weeks representing 38.49 % of net earning per share in trailing twelve-month period.

During the same period Ohio Valley Banc Corp had $ 4.38 cash flow per share, on a free-cash flow basis 165.43 % of net earning per share.

Book value grew by 6.54 % sequentially to $30.43 per share, 78.05% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 28.88 per share from $ 27.03.

Company repurchased 0.06 million shares or 1.19 % in Dec 31 2023.
Interest Coverage Ratio was 1.96. Debt Coverage Ratio was 0.74.

More on OVBC's Balance Sheets

 Market Capitalization (Millions) 116
 Shares Outstanding (Millions) 5
 Total Debt (Millions $) 53
 Revenue (TTM) (Millions $) 57
 Net Income (TTM) (Millions $) 13
 Cash Flow (TTM) (Millions $) 82
 Capital Exp. (TTM) (Millions $) -3
 Dividend TTM ($) 1.02 $
 Dividend Yield TTM (%) 3.64 %
 Employees (TTM) $ 248
   


  News about Ohio Valley Banc Corp Earnings

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 p...

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 c...

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

Ohio Valley Banc Corp, a f...

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 $4.1...


Date modified: 2024-03-18T21:24:58+00:00





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