Ohio Valley Banc Corp (OVBC) Stock Drops 6.06% Amid Banking Sector Decline

Dec 03, 2024

Ohio Valley Banc Corp (OVBC, Financial) experienced a significant stock drop of 6.06%, trading at $25.49 per share. The trading volume was 307 shares, with a turnover rate of 0.01%. Recent financial reports revealed revenue of $22.26 million and a net profit of $2.72 million, translating to earnings per share of $0.58. The price-to-earnings ratio stands at 10.32. Currently, there are no institutional ratings available for OVBC.

In the banking sector, the overall decline was 0.11%. Notable gainers included Pineapple Financial Inc., while stocks like Cinda Financial and Chain Bridge Bancorp, Inc. showed significant activity. Ohio Valley Banc Corp operates as a full-service financial institution in Ohio and Virginia, offering a range of banking services, including deposits, loans, and standard banking products.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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