Ohio Valley Banc Corporation (OVBC, Financial) experienced a significant stock price increase, rising by 5.08%. The stock currently stands at $26.29 per share with a trading volume of 2,747 shares, reflecting a turnover rate of 0.06% and a price fluctuation of 2.45%.
Recent financial reports reveal Ohio Valley Banc Corporation achieved a revenue of $22.26 million and a net profit of $2.72 million, translating to earnings per share of $0.58. The company currently has a price-to-earnings ratio of 10.45. As of now, there are no institutional ratings available for the stock, indicating no specific buy, hold, or sell recommendations from analysts.
In the broader banking sector, which saw an overall decline of 0.20%, some stocks showed notable gains. Stocks such as Midsouth Bancorp, Shenzhen Fanhua Union, and Riverview Bancorp exhibited considerable increases. Additionally, stocks like Patriot National Bancorp, Midsouth Bancorp, and SHF Holdings, Inc. demonstrated significant price fluctuations, with amplitudes of 14.87%, 10.58%, and 9.65% respectively.
Ohio Valley Banc Corporation is a financial holding company offering comprehensive banking services in Southeast Ohio and Western Virginia. It provides a range of services, including deposits in checking, savings, time, and money market accounts, along with personal, commercial, and student loans. The company also offers construction and real estate loans, individual retirement accounts, safety deposit boxes, wire transfers, and other standard banking products. Its operations are divided into two main segments: banking and consumer finance, with the majority of its revenue generated from the banking segment.
