Ohio Valley Banc Corp. (NASDAQ:OVBC – Get Free Report) announced a quarterly dividend on Tuesday, October 20th. Investors of record on Friday, October 30th will be paid a dividend of $0.25 per share by the bank on Tuesday, November 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, October 30th.
Ohio Valley Banc Trading Up 0.3%
NASDAQ:OVBC opened at $46.05 on Thursday. Ohio Valley Banc has a 1-year low of $34.18 and a 1-year high of $54.96. The business’s 50-day moving average price is $45.44 and its two-hundred day moving average price is $45.33. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $216.90 million, a price-to-earnings ratio of 15.25 and a beta of 0.03.
Ohio Valley Banc (NASDAQ:OVBC – Get Free Report) last issued its earnings results on Monday, July 27th. The bank reported $0.62 earnings per share (EPS) for the quarter. The firm had revenue of $18.58 million for the quarter. Ohio Valley Banc had a return on equity of 8.37% and a net margin of 14.31%.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings upgraded shares of Ohio Valley Banc from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 2nd. One analyst has rated the stock with a Buy rating. According to MarketBeat.com, the company presently has an average rating of “Buy”.
Check Out Our Latest Report on OVBC
About Ohio Valley Banc
Ohio Valley Banc Corp. (NASDAQ: OVBC) is a bank holding company headquartered in Gallipolis, Ohio. Its principal subsidiary, Ohio Valley Bank, is a community-focused financial institution that provides banking and financial services to individuals, families, businesses and public entities.
Ohio Valley Bank offers a range of deposit products, including checking, savings and time deposit accounts, as well as residential mortgage, commercial, agricultural, consumer and other loans. The bank also provides electronic banking services, cash management and other financial services designed to support personal and business customers.
Founded in 1872, Ohio Valley Banc Corp.
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