Snowflake Score | |
---|---|
Valuation | 3/6 |
Future Growth | 0/6 |
Past Performance | 2/6 |
Financial Health | 6/6 |
Dividends | 3/6 |
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.
Rewards
Risk Analysis
No risks detected for OVBC from our risk checks.
Ohio Valley Banc Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$28.70 |
52 Week High | US$32.29 |
52 Week Low | US$23.87 |
Beta | 0.22 |
1 Month Change | -5.90% |
3 Month Change | -5.50% |
1 Year Change | 17.29% |
3 Year Change | -25.59% |
5 Year Change | -20.39% |
Change since IPO | 280.83% |
Recent News & Updates
Shareholder Returns
OVBC | US Banks | US Market | |
---|---|---|---|
7D | -9.6% | 3.7% | 6.6% |
1Y | 17.3% | -17.7% | -18.5% |
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
OVBC volatility | |
---|---|
OVBC Average Weekly Movement | 6.4% |
Banks Industry Average Movement | 3.8% |
Market Average Movement | 8.0% |
10% most volatile stocks in US Market | 16.6% |
10% least volatile stocks in US Market | 3.1% |
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
Founded | Employees | CEO | Website |
---|---|---|---|
1872 | 255 | Larry Miller | https://www.ovbc.com |
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
OVBC fundamental statistics | |
---|---|
Market Cap | US$136.95m |
Earnings (TTM) | US$12.33m |
Revenue (TTM) | US$52.69m |
11.1x
P/E Ratio1.0x
P/B RatioIs OVBC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
OVBC income statement (TTM) | |
---|---|
Revenue | US$52.69m |
Cost of Revenue | US$0 |
Gross Profit | US$52.69m |
Other Expenses | US$40.37m |
Earnings | US$12.33m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 2.58 |
Gross Margin | 100.00% |
Net Profit Margin | 23.39% |
Debt/Equity Ratio | 20.1% |
How did OVBC perform over the long term?
See historical performance and comparisonDividends
2.9%
Current Dividend Yield33%
Payout RatioValuation
Is OVBC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation 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.
What is OVBC's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | US$136.95m |
Key Statistics | |
---|---|
Enterprise Value/Revenue | n/a |
Enterprise Value/EBITDA | n/a |
PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does OVBC's PE Ratio compare to its peers?
OVBC PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 11.6x |
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.
Fair Ratio | |
---|---|
Current PE Ratio | 11.1x |
Fair PE Ratio | n/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
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
10.6%
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.
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- 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
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
10.5%
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
6/6Financial 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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Dividend
What is Ohio Valley Banc current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
2.93%
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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Management
How experienced are the management team and are they aligned to shareholders interests?
7.1yrs
Average management tenure
CEO
Larry Miller (57 yo)
7.08yrs
Tenure
US$623,299
Compensation
Mr. Larry E. Miller II, has been the President of Ohio Valley Banc Corp. and Ohio Valley Bank Company since May 15, 2019 and served as its Chief Operating Officer since May 2015 until May 2022. He serves a...
CEO Compensation Analysis
Compensation vs Market: Larry's total compensation ($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).
Ownership
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: https://www.ovbc.com
Number of Employees
Location
- Ohio Valley Banc Corp.
- 420 Third Avenue
- PO Box 240
- Gallipolis
- Ohio
- 45631
- United States
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/24 00:00 |
End of Day Share Price | 2022/06/24 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
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.