Ohio Valley Banc Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Ohio Valley Banc's revenue surged 22.5% year-over-year to $75.8M, reflecting rapid business expansion. This strong growth earns a score of 93/100.
Ohio Valley Banc has elevated debt relative to equity (D/E of 9.00), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Ohio Valley Banc converts 15.4% of revenue into free cash flow ($11.7M). This strong cash generation earns a score of 77/100.
Ohio Valley Banc generates a 7.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 29/100. This is down from 8.8% the prior year.
Ohio Valley Banc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Ohio Valley Banc generates $1.19 in operating cash flow ($13.1M OCF vs $11.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
This page shows Ohio Valley Banc (OVBC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Ohio Valley Banc generated $75.8M in revenue in fiscal year 2024. This represents an increase of 22.5% from the prior year.
Ohio Valley Banc generated $11.7M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 35.4% from the prior year.
Ohio Valley Banc reported $11.0M in net income in fiscal year 2024. This represents a decrease of 12.9% from the prior year.
Ohio Valley Banc held $83.1M in cash against $0 in long-term debt as of fiscal year 2024.
Ohio Valley Banc paid $0.88 per share in dividends in fiscal year 2024. This represents a decrease of 13.7% from the prior year.
Ohio Valley Banc's net profit margin was 14.5% in fiscal year 2024, showing the share of revenue converted to profit. This is down 5.9 percentage points from the prior year.
Ohio Valley Banc's ROE was 7.3% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1.4 percentage points from the prior year.
Ohio Valley Banc spent $1.9M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 2272.0% from the prior year.
Ohio Valley Banc invested $1.4M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 46.7% from the prior year.
OVBC Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.5M+2.4% | $21.0M+6.3% | $19.8M-1.1% | $20.0M+7.3% | $18.7M+5.5% | $17.7M+3.3% | $17.1M+7.5% | $15.9M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $7.0M+6.9% | $6.5M-2.3% | $6.7M-4.2% | $7.0M+3.9% | $6.7M+3.0% | $6.5M+11.8% | $5.8M+27.5% | $4.6M |
| Income Tax | $714K-26.8% | $976K-14.8% | $1.1M+107.6% | $552K-14.8% | $648K+7.8% | $601K-11.9% | $682K+60.1% | $426K |
| Net Income | $3.0M-28.0% | $4.2M-4.4% | $4.4M+75.2% | $2.5M-15.4% | $3.0M+6.4% | $2.8M-13.3% | $3.2M+43.2% | $2.3M |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
OVBC Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.6B+4.0% | $1.5B-0.2% | $1.5B+0.6% | $1.5B+7.1% | $1.4B+2.2% | $1.4B+1.5% | $1.4B+2.9% | $1.3B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $89.3M+63.5% | $54.6M-54.7% | $120.6M+45.1% | $83.1M-22.8% | $107.7M-16.6% | $129.1M+0.7% | $128.1M+40.5% | $91.2M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $7.3M0.0% | $7.3M0.0% | $7.3M0.0% | $7.3M0.0% | $7.3M0.0% | $7.3M0.0% | $7.3M0.0% | $7.3M |
| Total Liabilities | $1.4B+4.2% | $1.3B-0.6% | $1.4B+0.3% | $1.4B+7.6% | $1.3B+2.5% | $1.2B+1.5% | $1.2B+2.6% | $1.2B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $164.4M+2.3% | $160.8M+3.2% | $155.7M+3.6% | $150.3M+3.1% | $145.8M0.0% | $145.8M+1.2% | $144.0M+5.3% | $136.8M |
| Retained Earnings | $130.1M+1.5% | $128.2M+2.5% | $125.1M+2.8% | $121.7M+2.7% | $118.5M+1.6% | $116.6M+1.5% | $114.9M+1.9% | $112.7M |
OVBC Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $5.3M+18.6% | $4.5M+802.8% | $496K-79.2% | $2.4M-42.8% | $4.2M+350.4% | $928K-85.9% | $6.6M+10.5% | $6.0M |
| Capital Expenditures | $341K+212.8% | $109K-69.6% | $358K+53.6% | $233K-27.9% | $323K-53.5% | $694K-1.6% | $705K+25.4% | $562K |
| Free Cash Flow | $5.0M+13.8% | $4.4M+3065.9% | $138K-93.6% | $2.2M-44.1% | $3.9M+1548.3% | $234K-96.0% | $5.9M+9.0% | $5.4M |
| Investing Cash Flow | -$24.1M+60.3% | -$60.7M-300.0% | $30.4M+332.6% | -$13.0M+74.4% | -$51.0M-164.9% | -$19.3M-2129.5% | $949K+111.5% | -$8.3M |
| Financing Cash Flow | $53.5M+648.4% | -$9.8M-246.6% | $6.7M-42.4% | $11.6M-54.6% | $25.5M+32.1% | $19.3M-34.4% | $29.4M-19.9% | $36.7M |
| Dividends Paid | $1.1M-0.1% | $1.1M+4.5% | $1.0M+0.1% | $1.0M-1.8% | $1.1M+0.5% | $1.1M-0.1% | $1.1M0.0% | $1.1M |
| Share Buybacks | $0 | N/A | N/A | $14K | N/A | N/A | $0-100.0% | $82K |
OVBC Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 14.1%-5.9pp | 20.0%-2.2pp | 22.3%+9.7pp | 12.6%-3.4pp | 15.9%+0.1pp | 15.8%-3.0pp | 18.8%+4.7pp | 14.1% |
| Return on Equity | 1.8%-0.8pp | 2.6%-0.2pp | 2.8%+1.2pp | 1.7%-0.4pp | 2.0%+0.1pp | 1.9%-0.3pp | 2.2%+0.6pp | 1.7% |
| Return on Assets | 0.2%-0.1pp | 0.3%0.0pp | 0.3%+0.1pp | 0.2%-0.0pp | 0.2%0.0pp | 0.2%-0.0pp | 0.2%+0.1pp | 0.2% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 8.55+0.2 | 8.40-0.3 | 8.72-0.3 | 9.00+0.4 | 8.63+0.2 | 8.42+0.0 | 8.39-0.2 | 8.61 |
| FCF Margin | 23.1%+2.3pp | 20.8%+20.1pp | 0.7%-10.1pp | 10.8%-9.9pp | 20.7%+19.4pp | 1.3%-33.1pp | 34.4%+0.5pp | 34.0% |
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Frequently Asked Questions
What is Ohio Valley Banc's annual revenue?
Ohio Valley Banc (OVBC) reported $75.8M in total revenue for fiscal year 2024. This represents a 22.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Ohio Valley Banc's revenue growing?
Ohio Valley Banc (OVBC) revenue grew by 22.5% year-over-year, from $61.9M to $75.8M in fiscal year 2024.
Is Ohio Valley Banc profitable?
Yes, Ohio Valley Banc (OVBC) reported a net income of $11.0M in fiscal year 2024, with a net profit margin of 14.5%.
What is Ohio Valley Banc's net profit margin?
Ohio Valley Banc (OVBC) had a net profit margin of 14.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Ohio Valley Banc pay dividends?
Yes, Ohio Valley Banc (OVBC) paid $0.88 per share in dividends during fiscal year 2024.
What is Ohio Valley Banc's return on equity (ROE)?
Ohio Valley Banc (OVBC) has a return on equity of 7.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Ohio Valley Banc's free cash flow?
Ohio Valley Banc (OVBC) generated $11.7M in free cash flow during fiscal year 2024. This represents a -35.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Ohio Valley Banc's operating cash flow?
Ohio Valley Banc (OVBC) generated $13.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Ohio Valley Banc's total assets?
Ohio Valley Banc (OVBC) had $1.5B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Ohio Valley Banc's capital expenditures?
Ohio Valley Banc (OVBC) invested $1.4M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Ohio Valley Banc buy back shares?
Yes, Ohio Valley Banc (OVBC) spent $1.9M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
What is Ohio Valley Banc's debt-to-equity ratio?
Ohio Valley Banc (OVBC) had a debt-to-equity ratio of 9.00 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Ohio Valley Banc's return on assets (ROA)?
Ohio Valley Banc (OVBC) had a return on assets of 0.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Ohio Valley Banc's Piotroski F-Score?
Ohio Valley Banc (OVBC) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Ohio Valley Banc's earnings high quality?
Ohio Valley Banc (OVBC) has an earnings quality ratio of 1.19x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Ohio Valley Banc?
Ohio Valley Banc (OVBC) scores 50 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.