Ohio Valley Banc Corp. (NASDAQ:OVBC) announced its earnings results on Thursday, July 27th. The bank reported $0.37 earnings per share for the quarter, Bloomberg Earnings reports. Ohio Valley Banc Corp. had a net margin of 14.18% and a return on equity of 6.93%. The company had revenue of $12.18 million during the quarter.
Ohio Valley Banc Corp. (NASDAQ:OVBC) traded down 1.99% on Tuesday, hitting $32.00. 7,917 shares of the stock traded hands. Ohio Valley Banc Corp. has a 12-month low of $21.60 and a 12-month high of $37.50. The stock has a market cap of $149.86 million, a price-to-earnings ratio of 20.15 and a beta of 0.07. The firm’s 50-day moving average price is $35.83 and its 200-day moving average price is $31.24.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 10th. Stockholders of record on Friday, July 28th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.63%. The ex-dividend date is Wednesday, July 26th. Ohio Valley Banc Corp.’s payout ratio is 53.50%.
ILLEGAL ACTIVITY WARNING: This piece of content was reported by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of US and international copyright & trademark legislation. The legal version of this piece of content can be viewed at https://stocknewstimes.com/2017/08/08/ohio-valley-banc-corp-ovbc-releases-quarterly-earnings-results-updated.html.
Ohio Valley Banc Corp. Company Profile
Ohio Valley Banc Corp. is a financial holding company. The Company has a banking subsidiary, The Ohio Valley Bank Company (the Bank). The Company’s financial service operations are aggregated in two segments: banking and consumer finance. The Company also owns nonbank subsidiaries, which include Loan Central, Inc, which engages in lending; Ohio Valley Financial Services Agency, LLC, which is used to facilitate the receipt of commissions on insurances sold by the Bank and Loan Central, and OVBC Captive, Inc, a limited purpose property and casualty insurance company.
Receive News & Ratings for Ohio Valley Banc Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ohio Valley Banc Corp. and related companies with MarketBeat.com's FREE daily email newsletter.
