OHIO VALLEY BANC CORP OVBC
Ohio Valley Banc Corp. ("Ohio Valley") 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"). The Bank has one wholly-owned
subsidiary, Ohio Valley REO, LLC, an Ohio limited liability company ("Ohio Valley REO"), to which the Bank transfers certain real estate acquired by the Bank through foreclosure for sale by Ohio Valley REO. Ohio Valley also owns two nonbank
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $85.2M | $75.8M | $61.9M | $47.6M | $44.7M | $46.2M | $50.3M | $49.2M | $45.7M | $39.3M |
| Interest expense | $57.7M | $48.8M | $46.0M | $2.8M | $3.7M | $6.2M | $7.3M | $5.5M | $4.0M | $3.0M |
| Pre-tax income | $19.5M | $13.4M | $15.2M | $15.9M | $14.0M | $12.3M | $11.7M | $14.2M | $12.0M | $8.8M |
| Income tax | $3.9M | $2.4M | $2.6M | $2.6M | $2.3M | $2.0M | $1.8M | $2.3M | $4.5M | $1.9M |
| Net income | $15.6M | $11.0M | $12.6M | $13.3M | $11.7M | $10.3M | $9.9M | $11.9M | $7.5M | $6.9M |
| EPS, basic | 3.31 | 2.32 | 2.65 | 2.80 | 2.45 | 2.14 | 2.08 | 2.53 | 1.60 | 1.59 |
| Shares, diluted (wtd. avg.) | $4.7M | $4.7M | $4.8M | $4.8M | $4.8M | $4.8M | $4.8M | $4.7M | $4.7M | $4.4M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $45.9M | $83.1M | $128.1M | $46.0M | $152.0M | $138.3M | $52.4M | $71.2M | $74.6M | $40.2M |
| Property, plant and equipment | $20.5M | $21.2M | $21.4M | $20.4M | $20.7M | $21.3M | $19.2M | $14.9M | $13.3M | $12.8M |
| Goodwill | $7.3M | $7.3M | $7.3M | $7.3M | $7.3M | $7.3M | $7.3M | $7.4M | $7.4M | $7.8M |
| Other intangibles | — | $0 | $8.0K | $29.0K | $64.0K | $112.0K | $174.0K | $379.0K | $514.0K | $670.0K |
| Total assets | $1.58B | $1.50B | $1.35B | $1.21B | $1.25B | $1.19B | $1.01B | $1.03B | $1.03B | $950.0M |
| Total liabilities | $1.41B | $1.35B | $1.21B | $1.08B | $1.11B | $1.05B | $885.1M | $912.6M | $916.9M | $850.1M |
| Retained earnings | $133.0M | $121.7M | $114.9M | $109.3M | $100.7M | $93.0M | $86.8M | $80.8M | $72.7M | $69.1M |
| Total equity | $170.3M | $150.3M | $144.0M | $132.8M | $141.4M | $136.3M | $128.2M | $117.9M | $109.4M | $104.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $18.1M | $13.1M | $20.7M | $16.0M | $13.2M | $12.5M | $14.8M | $18.1M | $14.5M | $13.4M |
| Depreciation and amortisation | $1.7M | $1.7M | $1.6M | $1.5M | $1.5M | $1.3M | $1.2M | $1.1M | $1.3M | $1.1M |
| Stock-based compensation | — | — | — | — | — | $0 | $328.0K | $295.0K | $428.0K | $575.0K |
| Capital expenditure | $1.0M | $1.4M | $2.7M | $2.0M | $1.1M | $3.5M | $6.2M | $2.7M | $1.7M | $1.7M |
| Investing cash flow | -$110.6M | -$195.2M | -$59.8M | -$83.4M | -$52.4M | -$88.7M | -$26.4M | -$12.7M | -$42.2M | -$38.4M |
| Financing cash flow | $55.3M | $137.1M | $121.2M | -$38.6M | $52.9M | $162.1M | -$7.2M | -$8.8M | $62.1M | $19.7M |
| Dividends paid | $4.3M | $4.2M | $4.9M | $4.7M | $4.0M | $4.0M | $4.0M | $4.0M | $3.9M | $3.6M |
| Buybacks | $0 | $1.9M | $82.0K | $0 | $954.0K | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-009342.
Others in SIC 6022
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| BNY | Bank of New York Mellon Corp | $111.84B | 22.3x | 7.8% |
| STT | STATE STREET CORP | $53.36B | 20.7x | 7.3% |
| FITB | FIFTH THIRD BANCORP | $49.76B | 15.5x | -5.0% |
| MTB | M&T BANK CORP | $34.64B | 14.1x | 7.5% |
| NTRS | NORTHERN TRUST CORP | $34.15B | 21.4x | 6.1% |
| CFG | CITIZENS FINANCIAL GROUP INC/RI | $29.81B | 18.3x | 6.7% |
| FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | $25.48B | 13.4x | -2.2% |
| EWBC | EAST WEST BANCORP INC | $17.92B | 13.7x | 2.4% |