Ohio Valley Banc Corp. Reports 1st Quarter Earnings
Ohio Valley Banc Corp. (OVBC)
US:NASDAQ Investor Relations:
ovbc.com/about/annual-reports--documents
Company Research
Source: PR Newswire
GALLIPOLIS, Ohio, April 25, 2024 /PRNewswire/ -- Ohio Valley Banc Corp. [Nasdaq: OVBC] (the "Company") reported consolidated net income for the quarter ended March 31, 2024, of $2,793,000, a decrease of $1,115,000, or 28.5%, from the same period the prior year. Earnings per share for the first quarter of 2024 were $.58, compared to $.82 for the first quarter of 2023. Return on average assets and return on average equity were .83% and 7.77%, respectively, for the first quarter of 2024, versus 1.28% and 11.85%, respectively, for the same period the prior year.Ohio Valley Banc Corp. President and CEO, Larry Miller stated, "Though this year's unfavorable interest rate environment slowed earnings by reducing the net interest margin as we expected, the Company still netted nearly $2.8 million for the quarter. We believe consistent, quality loan growth is key. We are determined to work even harder to maximize returns and improve the quality of life for our shareholders, employees, customers,
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OVBC
News
- Ohio Valley Banc Corp. (NASDAQ: OVBC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Ohio Valley Banc Corp. (NASDAQ: OVBC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Ohio Valley Banc Corp. Reports 1st Quarter Earnings [Yahoo! Finance]Yahoo! Finance
- Ohio Valley Banc Corp. (NASDAQ: OVBC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Ohio Valley Banc (NASDAQ:OVBC) Has Announced A Dividend Of $0.22 [Yahoo! Finance]Yahoo! Finance
OVBC
Sec Filings
- 4/25/24 - Form 8-K
- 4/16/24 - Form 8-K
- 4/5/24 - Form DEF
- OVBC's page on the SEC website