Ohio Valley Banc Third Quarter 2024 Earnings: EPS: US$0.58 (vs US$0.47 in 3Q 2023)

Ohio Valley Banc (NASDAQ:OVBC) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$14.5m (up 11% from 3Q 2023).
• Net income: US$2.72m (up 21% from 3Q 2023).
• Profit margin: 19% (up from 17% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: US$0.58 (up from US$0.47 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Ohio Valley Banc shares are up 3.2% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Ohio Valley Banc's balance sheet and an in-depth analysis of the company's financial position.

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