Ohio Valley Banc (NASDAQ:OVBC – Get Free Report) posted its quarterly earnings results on Monday. The bank reported $0.62 earnings per share (EPS) for the quarter, Zacks reports. Ohio Valley Banc had a net margin of 16.05% and a return on equity of 9.29%.
Ohio Valley Banc Price Performance
Ohio Valley Banc stock opened at $42.80 on Tuesday. The firm’s 50-day moving average is $45.68 and its two-hundred day moving average is $44.03. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market capitalization of $201.59 million, a P/E ratio of 13.05 and a beta of 0.03. Ohio Valley Banc has a 12-month low of $31.61 and a 12-month high of $54.96.
Ohio Valley Banc Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Friday, July 24th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, July 24th. Ohio Valley Banc’s dividend payout ratio (DPR) is currently 30.49%.
Institutional Inflows and Outflows
Analyst Ratings Changes
Separately, Weiss Ratings cut Ohio Valley Banc from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.
Get Our Latest Stock Report on Ohio Valley Banc
Ohio Valley Banc Company Profile
Ohio Valley Banc Corp is a bank holding company headquartered in Wheeling, West Virginia, operating through its principal subsidiary, The Ohio Valley Bank. As a locally focused financial institution, the company delivers a range of banking and financial solutions designed to meet the needs of individual, small business and commercial clients across its service area.
Through its subsidiary, Ohio Valley Banc offers traditional banking products including checking and savings accounts, certificates of deposit and consumer and residential mortgage loans.
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