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.
Excellent balance sheet average dividend payer.
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
Stable Share Price: OVBC's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: OVBC exceeded the US Banks industry which returned -27.8% over the past year.
Return vs Market: OVBC underperformed the US Market which returned -10.7% over the past year.
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
2 weeks ago | Simply Wall StTrade Alert: The Independent Director Of Ohio Valley Banc Corp. (NASDAQ:OVBC), Edward Robbins, Has Just Spent US$58k Buying Shares
2 weeks ago | Simply Wall StA Sliding Share Price Has Us Looking At Ohio Valley Banc Corp.'s (NASDAQ:OVBC) P/E Ratio
4 weeks ago | Simply Wall StIs Ohio Valley Banc Corp.'s (NASDAQ:OVBC) CEO Pay Fair?
Is Ohio Valley Banc undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OVBC ($29) is trading below our estimate of fair value ($33.65)
Significantly Below Fair Value: OVBC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: OVBC is poor value based on its PE Ratio (14x) compared to the Banks industry average (8.9x).
PE vs Market: OVBC is poor value based on its PE Ratio (14x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
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 (1.1x) compared to the US Banks industry average (0.8x).
How is Ohio Valley Banc forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Ohio Valley Banc performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OVBC has high quality earnings.
Growing Profit Margin: OVBC's current net profit margins (19.8%) are lower than last year (23.1%).
Past Earnings Growth Analysis
Earnings Trend: OVBC's earnings have grown by 6.4% 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 (-17.1%) over the past year, making it difficult to compare to the Banks industry average (10.9%).
Return on Equity
High ROE: OVBC's Return on Equity (7.7%) is considered low.
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
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 1.4x 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 (1.3%)
What is Ohio Valley Banc's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OVBC's dividend (2.9%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: OVBC's dividend (2.9%) is low compared to the top 25% of dividend payers in the US market (5.37%).
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 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Wiseman (60yo)
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 ($USD605.16K).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
|CEO & Director||7.92yrs||US$687.98k||0.58% $826.9k|
|Senior VP & CFO||15.33yrs||US$241.77k||0.18% $253.0k|
|Senior Vice President||25.25yrs||US$241.73k||0.36% $523.6k|
|Senior VP & Secretary||0.92yr||no data||0.16% $230.6k|
|Assistant Secretary||25.25yrs||no data||no data|
|Vice President||16.25yrs||no data||no data|
|Vice President||no data||no data||no data|
|Vice President||9.33yrs||no data||no data|
|Chief Information Security Officer & VP of Ohio Valley Bank||no data||no data||no data|
Experienced Management: OVBC's management team is seasoned and experienced (12.3 years average tenure).
|CEO & Director||7.92yrs||US$687.98k||0.58% $826.9k|
|Chairman of the Board||7.92yrs||US$375.49k||0.60% $862.9k|
|Independent Director||15.25yrs||US$89.78k||0.31% $439.4k|
|Independent Director||17.25yrs||US$73.88k||0.13% $185.7k|
|Independent Director||17.25yrs||US$98.52k||0.17% $247.1k|
|Lead Independent Director||10.25yrs||US$97.44k||0.11% $156.0k|
|Independent Director||3.17yrs||US$34.83k||0.068% $97.8k|
|Independent Director||4yrs||US$34.46k||1.41% $2.0m|
|Independent Director||3.17yrs||US$38.96k||0.0056% $8.1k|
Experienced Board: OVBC's board of directors are considered experienced (9.1 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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ohio Valley Banc Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Ohio Valley Banc Corp.
- Ticker: OVBC
- Exchange: NasdaqGM
- Founded: 1872
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$143.528m
- Shares outstanding: 4.79m
- Website: https://www.ovbc.com
Number of Employees
- Ohio Valley Banc Corp.
- 420 Third Avenue
- PO Box 240
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OVBC||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Oct 1994|
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. The company also provides various residential real estate loans, including one-to four-family residential mortgages; commercial loans for securing equipment, inventory, stock, commercial real estate, and rental property; and consumer loans secured by automobiles, mobile homes, recreational vehicles, and other personal property, as well as personal loans, unsecured credit card receivables, floor plan and student loans, and construction loans. In addition, it offers safe deposit boxes, wire transfers, credit card services, and Internet banking services; and financial management online services, such as cash management and news updates related to repossession auctions, current rates, and general bank news. Further, the company provides automatic teller machine (ATM) services, consumer finance, seasonal tax refund loan services, and commercial property and various liability insurance services, as well as trust services. As of January 29, 2019, it operated 19 offices in Ohio and West Virginia; and Loan Central with 6 consumer finance offices in Ohio. The company owns and operates 37 ATMs, including 20 off-site ATMs. Ohio Valley Banc Corp. was founded in 1872 and is headquartered in Gallipolis, Ohio.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 04:23|
|End of Day Share Price||2020/03/31 00:00|
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.