Ohio Valley Banc
Market Cap
US$174.7m
Last Updated
2019/10/15 23:41 UTC
Data Sources
Company Financials
Executive Summary
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.
Snowflake
Fundamentals
Excellent balance sheet average dividend payer.
Similar Companies
Share Price & News
How has Ohio Valley Banc's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
4.4%
OVBC
1.7%
US Banks
1.3%
US Market
1 Year Return
-10.0%
OVBC
0.3%
US Banks
5.9%
US Market
Return vs Industry: OVBC underperformed the US Banks industry which returned 0.3% over the past year.
Return vs Market: OVBC underperformed the US Market which returned 5.9% over the past year.
Shareholder returns
| OVBC | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.4% | 1.7% | 1.3% |
| 30 Day | 3.9% | -2.4% | -1.9% |
| 90 Day | -1.6% | 1.0% | -1.8% |
| 1 Year | -7.9%-10.0% | 3.2%0.3% | 8.3%5.9% |
| 3 Year | 73.8%61.8% | 52.1%41.7% | 45.6%36.2% |
| 5 Year | 84.7%59.3% | 69.8%51.4% | 66.1%47.9% |
Price Volatility Vs. Market
How volatile is Ohio Valley Banc's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Can We See Significant Insider Ownership On The Ohio Valley Banc Corp. (NASDAQ:OVBC) Share Register?3 weeks ago | Simply Wall St
Is Ohio Valley Banc Corp. (NASDAQ:OVBC) Excessively Paying Its CEO?1 month ago | Simply Wall St
If You Had Bought Ohio Valley Banc (NASDAQ:OVBC) Stock Three Years Ago, You Could Pocket A 45% Gain TodayValuation
Is Ohio Valley Banc undervalued compared to its fair value and its price relative to the market?
17.61x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: OVBC ($36.64) is trading above our estimate of fair value ($22.23)
Significantly Undervalued: OVBC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: OVBC is poor value based on its PE Ratio (17.6x) compared to the Banks industry average (12.5x).
PE vs Market: OVBC is good value based on its PE Ratio (17.6x) compared to the US market (17.5x).
Price to Earnings Growth Ratio
Low PEG Ratio: Insufficient data to calculate OVBC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OVBC is overvalued based on its PB Ratio (1.4x) compared to the US Banks industry average (1.2x).
Next Steps
Future Growth
How is Ohio Valley Banc forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
7.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OVBC's forecast earnings growth (7.8% per year) is above the savings rate (2.7%).
Earnings vs Market: OVBC's earnings (7.8% per year) are forecast to grow slower than the US market (14.4% per year).
High Growth Earnings: OVBC's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if OVBC's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if OVBC's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if OVBC's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Ohio Valley Banc performed over the past 5 years?
4.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: OVBC's earnings have grown by 4% per year over the past 5 years.
Accelerating Growth: OVBC's earnings growth over the past year (11%) exceeds its 5-year average (4% per year).
Earnings vs Industry: OVBC earnings growth over the past year (11%) underperformed the Banks industry 31.8%.
Return on Equity
High ROE: OVBC's Return on Equity (8%) is considered low.
Return on Assets
ROA vs Industry: OVBC's Return on Assets is below or equal to the Banks industry average last year.
Return on Capital Employed
ROCE Improving: Insufficient data to calculate OVBC's Return on Capital Employed to determine if it has improved over the past 3 years.
Next Steps
Financial Health
How is Ohio Valley Banc's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: OVBC has a low level of unsold assets or inventory.
Debt Coverage by Assets: OVBC's debt is covered by short term assets (assets are 1.676700x debt).
Financial Institutions Analysis
Asset Level: OVBC's level of assets compared to its equity is low.
Allowance for Bad Loans: OVBC has a low allowance for bad loans.
Low Risk Liabilities: OVBC's liabilities are made up of primarily low risk sources of funding.
Loan Level: OVBC has an acceptable proportion of non-loan assets held.
Low Risk Deposits: OVBC's loans are broadly funded by customer deposits.
Level of Bad Loans: OVBC has an appropriate level of bad loans (1.36%)
Next Steps
Dividend
What is Ohio Valley Banc's current dividend yield, its reliability and sustainability?
2.29%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: OVBC's dividend (2.29%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: OVBC's dividend (2.29%) is low compared to the top 25% of dividend payers in the US market (3.77%).
Stable Dividend: OVBC's dividends per share have been stable in the past 10 years.
Growing Dividend: OVBC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40.4%), 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 and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Ohio Valley Banc's salary, the management and board of directors tenure and is there insider trading?
14.8yrs
Average management tenure
CEO
Tom Wiseman (60yo)
7.4yrs
Tenure
US$687,976
Compensation
Mr. Thomas E. Wiseman, also known as Tom, has been the Chief Executive Officer of Ohio Valley Banc Corp. and Ohio Valley Bank Company since May 09, 2012. Mr. Wiseman served as the President of Ohio Valley ...
CEO Compensation Analysis
Compensation vs. Market: Tom's total compensation ($USD687.98K) is about average for companies of similar size in the US market ($USD1.18M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Management Age and Tenure
14.8yrs
Average Tenure
59yo
Average Age
Experienced Management: OVBC's management team is seasoned and experienced (14.8 years average tenure).
Board Age and Tenure
8.6yrs
Average Tenure
60yo
Average Age
Experienced Board: OVBC's board of directors are considered experienced (8.6 years average tenure).
Insider Trading
Insider Buying: OVBC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 44.09 |
| Max Price | US$34.02 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 40.32 |
| Max Price | US$37.20 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 39.97 |
| Max Price | US$37.53 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 265 |
| Max Price | US$37.94 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 39.2 |
| Max Price | US$38.27 |
Ownership Breakdown
Management Team
Larry Miller (55yo)
President
- Tenure: 0.4yrs
- Compensation: US$423.41k
Katrinka Hart-Harris (60yo)
Senior Vice President
- Tenure: 24.8yrs
- Compensation: US$241.73k
Mario Liberatore (73yo)
Vice President
- Tenure: 0yrs
Tom Wiseman (60yo)
CEO & Director
- Tenure: 7.4yrs
- Compensation: US$687.98k
Cindy Johnston (58yo)
Assistant Secretary
- Tenure: 24.8yrs
Scott Shockey (49yo)
Senior VP & CFO
- Tenure: 14.8yrs
- Compensation: US$241.77k
Jennifer Osborne (66yo)
Vice President
- Tenure: 15.8yrs
Tom Shepherd (52yo)
VP & Secretary
- Tenure: 0yrs
Bryan Martin
Vice President
- Tenure: 0yrs
Frank Davison
Vice President
- Tenure: 8.8yrs
Board Members
Jeff Smith (69yo)
Chairman of the Board
- Tenure: 7.4yrs
- Compensation: US$375.49k
Larry Miller (55yo)
President
- Tenure: 0.4yrs
- Compensation: US$423.41k
Harold Howe (69yo)
Independent Director
- Tenure: 14.8yrs
- Compensation: US$89.78k
Tom Wiseman (60yo)
CEO & Director
- Tenure: 7.4yrs
- Compensation: US$687.98k
Anna Barnitz (56yo)
Independent Director
- Tenure: 16.8yrs
- Compensation: US$73.88k
Brent Saunders (61yo)
Independent Director
- Tenure: 16.8yrs
- Compensation: US$98.52k
Dave Thomas (63yo)
Lead Independent Director
- Tenure: 9.8yrs
- Compensation: US$97.44k
Edward Robbins (56yo)
Independent Director
- Tenure: 2.7yrs
- Compensation: US$34.83k
Brent Eastman (56yo)
Independent Director
- Tenure: 3.5yrs
- Compensation: US$34.46k
Kimberly Canady (60yo)
Independent Director
- Tenure: 2.7yrs
- Compensation: US$38.96k
Company Information
Ohio Valley Banc Corp.'s company bio, 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
- Market Cap: US$174.691m
- Shares outstanding: 4.77m
- Website: https://www.ovbc.com
Number of Employees
Location
- Ohio Valley Banc Corp.
- 420 Third Avenue
- PO Box 240
- Gallipolis
- Ohio
- 45631
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| OVBC | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Oct 1994 |
Biography
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, Banki ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/15 23:41 |
| End of Day Share Price | 2019/10/15 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.