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Ohio Valley Banc NasdaqGM:OVBC Stock Report

Last Price


Market Cap







24 Jun, 2022


Company Financials
OVBC fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance2/6
Financial Health6/6

OVBC Stock Overview

Ohio Valley Banc Corp. operates as the bank holding company for The Ohio Valley Bank Company that provides commercial and consumer banking products and services.


Trading at 39.5% below our estimate of its fair value

Risk Analysis

No risks detected for OVBC from our risk checks.

Ohio Valley Banc Competitors













Price History & Performance

Summary of all time highs, changes and price drops for Ohio Valley Banc
Historical stock prices
Current Share PriceUS$28.70
52 Week HighUS$32.29
52 Week LowUS$23.87
1 Month Change-5.90%
3 Month Change-5.50%
1 Year Change17.29%
3 Year Change-25.59%
5 Year Change-20.39%
Change since IPO280.83%

Recent News & Updates

Shareholder Returns

OVBCUS BanksUS Market

Return vs Industry: OVBC exceeded the US Banks industry which returned -19.3% over the past year.

Return vs Market: OVBC exceeded the US Market which returned -20.5% over the past year.

Price Volatility

Is OVBC's price volatile compared to industry and market?
OVBC volatility
OVBC Average Weekly Movement6.4%
Banks Industry Average Movement3.8%
Market Average Movement8.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: OVBC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: OVBC's weekly volatility (6%) has been stable over the past year.

About the Company

1872255Larry Miller

Ohio Valley Banc Corp. operates as the bank holding company for The Ohio Valley Bank Company that provides commercial and consumer banking products and services. The company operates in two segments, Banking and Consumer Finance. It accepts various deposit products, including checking, savings, time, and money market accounts, as well as individual retirement accounts, demand deposits, NOW accounts, and certificates of deposit.

Ohio Valley Banc Fundamentals Summary

How do Ohio Valley Banc's earnings and revenue compare to its market cap?
OVBC fundamental statistics
Market CapUS$136.95m
Earnings (TTM)US$12.33m
Revenue (TTM)US$52.69m


P/E Ratio


P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OVBC income statement (TTM)
Cost of RevenueUS$0
Gross ProfitUS$52.69m
Other ExpensesUS$40.37m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date


Earnings per share (EPS)2.58
Gross Margin100.00%
Net Profit Margin23.39%
Debt/Equity Ratio20.1%

How did OVBC perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


Is OVBC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for OVBC?

Other financial metrics that can be useful for relative valuation.

OVBC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does OVBC's PE Ratio compare to its peers?

OVBC PE Ratio vs Peers
The above table shows the PE ratio for OVBC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.6x

Price-To-Earnings vs Peers: OVBC is good value based on its Price-To-Earnings Ratio (11.1x) compared to the peer average (11.6x).

Price to Earnings Ratio vs Industry

How does OVBC's PE Ratio compare vs other companies in the U.S. Banks Industry?

Price-To-Earnings vs Industry: OVBC is expensive based on its Price-To-Earnings Ratio (11.1x) compared to the US Banks industry average (9.5x)

Price to Earnings Ratio vs Fair Ratio

What is OVBC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

OVBC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate OVBC's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of OVBC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: OVBC ($28.7) is trading below our estimate of fair value ($47.46)

Significantly Below Fair Value: OVBC is trading below fair value by more than 20%.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate OVBC's PEG Ratio to determine if it is good value.

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Future Growth

How is Ohio Valley Banc forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score


Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted Banks industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ohio Valley Banc has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Discover growth companies

  • Examine whether Ohio Valley Banc is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Ohio Valley Banc performed over the past 5 years?

Past Performance Score


Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: OVBC has high quality earnings.

Growing Profit Margin: OVBC's current net profit margins (23.4%) are lower than last year (24.9%).

Past Earnings Growth Analysis

Earnings Trend: OVBC's earnings have grown by 10.5% per year over the past 5 years.

Accelerating Growth: OVBC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: OVBC had negative earnings growth (-3.6%) over the past year, making it difficult to compare to the Banks industry average (20.7%).

Return on Equity

High ROE: OVBC's Return on Equity (9%) is considered low.

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Financial Health

How is Ohio Valley Banc's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score


Financial Health Score 6/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: OVBC's Assets to Equity ratio (9.2x) is low.

Allowance for Bad Loans: OVBC has a sufficient allowance for bad loans (124%).

Low Risk Liabilities: 96% of OVBC's liabilities are made up of primarily low risk sources of funding.

Loan Level: OVBC has an appropriate level of Loans to Assets ratio (64%).

Low Risk Deposits: OVBC's Loans to Deposits ratio (75%) is appropriate.

Level of Bad Loans: OVBC has an appropriate level of bad loans (0.5%).

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What is Ohio Valley Banc current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: OVBC's dividend (2.93%) is higher than the bottom 25% of dividend payers in the US market (1.62%).

High Dividend: OVBC's dividend (2.93%) is low compared to the top 25% of dividend payers in the US market (4.34%).

Stability and Growth of Payments

Stable Dividend: OVBC's dividends per share have been stable in the past 10 years.

Growing Dividend: OVBC's dividend payments have not increased over the past 10 years.

Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (32.5%), OVBC's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.

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How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Larry Miller (57 yo)





Mr. Larry E. Miller II, has been the President of Ohio Valley Banc Corp. and Ohio Valley Bank Company since May 15, 2019 and served as its Chief Operating Officer since May 2015 until May 2022. He serves a...

CEO Compensation Analysis

Compensation vs Market: Larry's total compensation ($USD623.30K) is about average for companies of similar size in the US market ($USD758.64K).

Compensation vs Earnings: Larry's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: OVBC's management team is seasoned and experienced (7.1 years average tenure).

Board Members

Experienced Board: OVBC's board of directors are considered experienced (5.8 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: OVBC insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Ohio Valley Banc Corp.'s employee growth, exchange listings and data sources

Key Information

  • Name: Ohio Valley Banc Corp.
  • Ticker: OVBC
  • Exchange: NasdaqGM
  • Founded: 1872
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: US$136.950m
  • Shares outstanding: 4.77m
  • Website:

Number of Employees


  • Ohio Valley Banc Corp.
  • 420 Third Avenue
  • PO Box 240
  • Gallipolis
  • Ohio
  • 45631
  • United States


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Annual Earnings2021/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.