Ohio Valley Banc Stock Price, News & Analysis

Ohio Valley Banc Corp. (NASDAQ: OVBC) reported strong Q2 2025 financial results, with consolidated net income of $4.21 million, up 41.7% year-over-year. Earnings per share reached $0.89, compared to $0.63 in Q2 2024.

For H1 2025, net income totaled $8.62 million, a 49.5% increase, with EPS of $1.83. The company achieved a return on average assets of 1.16% and return on average equity of 11.30%. Key growth drivers included participation in the Ohio Homebuyer Plus Program and focus on commercial and real estate lending.

Total assets reached $1.51 billion, with loan balances increasing by $39 million since December 2024. The net interest margin improved to 4.17% in Q2 2025 from 3.74% in Q2 2024, while maintaining strong asset quality with nonperforming loans at 0.45% of total loans.

Ohio Valley Banc Corp. (NASDAQ: OVBC) has declared a quarterly cash dividend of $0.23 per common share. The dividend will be paid on August 10, 2025, to shareholders of record as of July 25, 2025.

Chairman Tom Wiseman reported that the company's first two quarters of 2025 performed according to expectations, with continued strong loan growth. The company has also reinforced its community engagement through its employee Impact Day program under Jamie Stapleton's leadership.

OVBC operates through The Ohio Valley Bank Company with 17 offices across Ohio and West Virginia, and Loan Central Inc. with six consumer finance offices in Ohio.

Ohio Valley Banc Corp. (NASDAQ: OVBC) has been added to the broad-market Russell 3000® Index, effective June 30, 2025, as part of the annual Russell indexes reconstitution. The inclusion automatically places OVBC in the small-cap Russell 2000® Index and corresponding growth and value style indexes.

The Russell indexes, which benchmark approximately $10.6 trillion in assets as of June 2024, are widely used by investment managers and institutional investors for index funds and active investment strategies. OVBC's inclusion was determined by FTSE Russell's objective market-capitalization rankings and style attributes, capturing the 4,000 largest US stocks as of April 30.

Ohio Valley Banc Corp., headquartered in Gallipolis, Ohio, operates The Ohio Valley Bank Company with 17 offices across Ohio and West Virginia, and Loan Central, Inc., with six consumer finance offices in Ohio.

Ohio Valley Banc Corp. (NASDAQ: OVBC) reported strong Q1 2025 financial results with consolidated net income of $4,406,000, marking a 57.8% increase from the previous year. Earnings per share rose to $0.94 from $0.58 in Q1 2024.

The company's performance was driven by strategic initiatives including:

• Net interest income increase of $1,950,000
• Average earning assets growth of $136 million
• Improved net interest margin of 3.85% (up from 3.61%)
• $96 million growth in average securities
• $68 million growth in average loans

Notable developments include participation in the Ohio Homebuyer Plus program, with Sweet Home Ohio accounts totaling $7.7 million and Treasurer deposits of $82 million. The company's total assets reached $1.513 billion, with deposits increasing by $9 million and shareholders' equity growing by $5.4 million from year-end 2024.

Ohio Valley Banc Corp. (Nasdaq: OVBC) has announced a quarterly cash dividend of $0.23 per common share. The dividend will be payable on May 10, 2025, to shareholders of record as of April 25, 2025.

Chairman Tom Wiseman highlighted the company's commitment to shareholder stability despite economic uncertainties, noting an increase in the quarterly dividend. The banking , headquartered in Gallipolis, Ohio, operates through The Ohio Valley Bank Company with 17 offices across Ohio and West Virginia, and Loan Central Inc., which maintains six consumer finance offices in Ohio.

Ohio Valley Banc Corp. (NASDAQ: OVBC) reported Q4 2024 consolidated net income of $2,515,000, down $708,000 from Q4 2023. Full-year 2024 net income was $10,999,000, a 12.9% decrease from 2023. Earnings per share decreased to $2.32 in 2024 from $2.65 in 2023.

The company's performance was impacted by two significant one-time expenses: $3.3 million for a voluntary early retirement program and $496,000 in account bonuses for new Sweet Home Ohio depositors. Net interest income increased by $2,777,000 for the year, driven by loan growth and increased securities. Total assets reached $1.503 billion, up $151 million from 2023, with total loans increasing by $90 million, primarily in commercial and residential real estate segments.

The allowance for credit losses was 0.95% of total loans, with nonperforming loans ratio increasing to 0.46%. Return on average assets and equity were 0.77% and 7.50% respectively for 2024.

Ohio Valley Banc Corp. (NASDAQ: OVBC) has announced a quarterly cash dividend of $0.22 per common share. The dividend will be payable on February 10, 2025, to shareholders of record as of January 24, 2025.

Tom Wiseman, OVBC Chairman of the Board, expressed confidence in the company's bankers' ability to capitalize on opportunities and overcome challenges in 2025, while maintaining their Community First mission. The company operates through The Ohio Valley Bank Company, which has 17 offices across Ohio and West Virginia, and Loan Central, Inc., with six consumer finance offices in Ohio.

Ohio Valley Banc Corp. (Nasdaq: OVBC) has declared a cash dividend of $0.22 per common share, payable on Nov. 10, 2024, to shareholders of record as of Oct. 25, 2024. The announcement was made by the company's Board of Directors on Oct. 15, 2024.

Tom Wiseman, OVBC Chairman of the Board, expressed pride in the company's bankers and their commitment to the Community First mission. He noted the strong performance over the first three quarters of 2024 and anticipated a strong finish to the year.

Ohio Valley Banc Corp., based in Gallipolis, Ohio, owns The Ohio Valley Bank Company with 17 offices in Ohio and West Virginia, as well as Loan Central, Inc., which operates six consumer finance offices in Ohio.

Ohio Valley Banc Corp. (OVBC) has extended its stock buyback program to August 31, 2025. The program, initially approved in 2021, allows for the repurchase of up to $5 million in outstanding common stock. As of August 21, 2024, OVBC had already repurchased approximately $2,967,000 in common stock. The Board of Directors authorized this extension, maintaining the original terms of the program. The buyback initiative can be terminated or amended by the Board at any time before the new expiration date.