Ohio Valley Banc (NASDAQ:OVBC) Releases Quarterly Earnings Results

Ohio Valley Banc (NASDAQ:OVBCGet Free Report) announced its quarterly earnings results on Monday. The bank reported $0.58 EPS for the quarter, RTT News reports. Ohio Valley Banc had a return on equity of 7.85% and a net margin of 13.72%. The business had revenue of $22.26 million for the quarter. During the same period last year, the company earned $0.47 EPS.

Ohio Valley Banc Stock Performance

Shares of Ohio Valley Banc stock opened at $23.90 on Thursday. The business’s fifty day simple moving average is $23.96 and its 200-day simple moving average is $23.14. Ohio Valley Banc has a 52 week low of $19.35 and a 52 week high of $25.50. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.35. The firm has a market cap of $114.58 million, a PE ratio of 9.92 and a beta of 0.03.

Ohio Valley Banc Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Sunday, November 10th. Stockholders of record on Friday, October 25th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 3.68%. The ex-dividend date of this dividend is Friday, October 25th. Ohio Valley Banc’s dividend payout ratio (DPR) is presently 36.51%.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Ohio Valley Banc in a research note on Friday, October 25th. They issued a “hold” rating on the stock.

Check Out Our Latest Analysis on OVBC

About Ohio Valley Banc

(Get Free Report)

Ohio Valley Banc Corp. operates as the bank holding company for The Ohio Valley Bank Company that provides commercial and consumer banking products and services. The company operates in two segments, Banking and Consumer Finance. It accepts various deposit products, including checking, savings, time, and money market accounts, as well as individual retirement accounts, demand deposits, NOW accounts, and certificates of deposit.

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Earnings History for Ohio Valley Banc (NASDAQ:OVBC)

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