Ohio Valley Banc (NASDAQ:OVBC – Get Free Report) released its earnings results on Tuesday. The bank reported $0.70 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $18.95 million for the quarter.
Ohio Valley Banc Stock Performance
Shares of OVBC opened at $47.37 on Wednesday. Ohio Valley Banc has a 1 year low of $34.18 and a 1 year high of $54.96. The stock’s 50-day moving average price is $45.55 and its two-hundred day moving average price is $44.38.
Ohio Valley Banc Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 30th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Friday, October 30th. This represents a $1.00 annualized dividend and a yield of 2.1%.
Analyst Ratings Changes
Separately, Weiss Ratings raised shares of Ohio Valley Banc from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 2nd. One analyst has rated the stock with a Buy rating. According to MarketBeat.com, the company has an average rating of “Buy”.
View Our Latest Report on Ohio Valley Banc
Ohio Valley Banc Company Profile
Ohio Valley Banc Corp. is a bank holding company headquartered in Gallipolis, Ohio. Its principal subsidiary, Ohio Valley Bank, is a community banking institution that provides financial services to individuals, families, businesses and nonprofit organizations.
Ohio Valley Bank offers a range of traditional banking products, including checking and savings accounts, certificates of deposit, consumer loans, residential and commercial real estate financing, business loans and agricultural lending.
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