Welcome to our dedicated page for Ohio Valley Banc news (Ticker: OVBC), a resource for investors and traders seeking the latest updates and insights on Ohio Valley Banc stock.
Ohio Valley Banc Corp. reports recurring developments tied to its role as a financial holding company for The Ohio Valley Bank Company and Loan Central, Inc. News commonly covers consolidated earnings, net interest income, net interest margin, loan growth, asset quality, and the performance of commercial, real estate, consumer, and community banking activities in Ohio and West Virginia.
Company updates also include common-share cash dividends, share repurchase authorizations, and franchise matters involving bank offices and consumer finance offices. OVBC news often connects financial results to deposit funding costs, earning-asset yields, securities portfolio activity, and lending trends in the company's regional markets.
Ohio Valley Banc Corp (Nasdaq: OVBC) reported second quarter 2026 net income of $2.93 million, down 30.5% year over year, with EPS of $0.62 versus $0.89. For the first half of 2026, net income was $7.22 million, down 16.2%, and EPS was $1.53 versus $1.83. Return on average assets fell to 0.89% and return on average equity to 8.48% for the six months.
Net interest income rose $0.86 million in the quarter and $2.61 million year to date, driven by a $149 million increase in average earning assets, mainly loans, despite a lower net interest margin of 3.93% for the quarter. Provision for credit losses increased sharply to $3.76 million for the quarter, largely tied to two collateral-dependent commercial loans, lifting the allowance to 1.33% of total loans and nonperforming loans to 1.44% of total loans.
Total assets reached $1.66 billion at June 30, 2026, up 5.0% from year-end, with loans up $50 million and deposits up $79 million, primarily in time deposits and money market accounts. Shareholders’ equity rose to $173.4 million, supported by $7.2 million in year-to-date net income and partly offset by $2.3 million in cash dividends and lower accumulated other comprehensive income.
Ohio Valley Banc Corp. (Nasdaq: OVBC) announced that its Board of Directors has declared a cash dividend of $0.25 per common share. The dividend is payable on August 10, 2026 to shareholders of record as of the close of business on July 24, 2026.
Ohio Valley Banc Corp. (Nasdaq: OVBC) announced leadership changes and network expansion. Thomas E. Wiseman retired as chairman but remains on the OVBC and OVB boards. K. Ryan Smith became OVBC's first independent chairman, and Ryan J. Jones was promoted to president and chief operating officer.
OVB will open a new loan office in Charleston, West Virginia this summer, with new locations in South Bloomfield and Ironton, Ohio in planning. The company reports OVB as a $1.5 billion asset community bank with 18 offices.
Ohio Valley Banc Corp (NASDAQ: OVBC) reported consolidated net income of $4.297M for Q1 2026, down 2.5% year-over-year; EPS was $0.91. Net interest income rose 13.3% to $14.888M, driven by $146M average loan growth and a 4.01% net interest margin. Provision for credit losses increased to $1.622M mainly for two collateral-dependent commercial loans; nonperforming loans rose to 1.64%. Total assets reached $1.677B and deposits were $1.424B. Efficiency ratio improved to 61.72% and book value per share was $36.36.
Ohio Valley Banc Corp (Nasdaq: OVBC) declared a $0.25 per share cash dividend payable May 10, 2026, to shareholders of record at the close of business April 24, 2026. The board announced the payout on April 14, 2026, as the bank marks its 154th anniversary.
The company operates The Ohio Valley Bank Company (18 offices) and Loan Central, Inc. (six consumer finance offices) in Ohio and West Virginia.
Ohio Valley Banc Corp. (Nasdaq: OVBC) reported record fiscal 2025 results with consolidated net income of $15.601 million (up 41.8% YoY) and EPS of $3.31 versus $2.32 in 2024. Fourth-quarter net income was $3.955 million (up 57.3% YoY) and EPS of $0.84. Net interest income rose by $8.941 million for the year driven by a 12.6% loan growth ($134 million) and higher net interest margin of 4.07% for 2025. Noninterest income declined mainly from realized losses on securities sales totaling $3.747 million during 2025. Nonperforming loans increased to 1.40% of total loans at year-end. Total assets ended at $1.583 billion and shareholders' equity rose by $19.9 million.
Ohio Valley Banc Corp (Nasdaq: OVBC) announced a $0.23 per share cash dividend declared Jan. 13, 2026. The dividend is payable on Feb. 10, 2026 to shareholders of record at the close of business on Jan. 23, 2026. Ohio Valley Banc Corp is based in Gallipolis, Ohio, owns The Ohio Valley Bank Company with 18 offices in Ohio and West Virginia and Loan Central with 6 consumer finance offices in Ohio. The board framed the dividend as part of its community-focused mission for 2026.
Ohio Valley Banc Corp (Nasdaq: OVBC) reported consolidated net income of $3.03M for Q3 2025, up 11.4% year-over-year, and $11.646M for the nine months ended Sept 30, 2025, up 37.3% year-over-year.
Key drivers include a $6.538M increase in year-to-date net interest income, growth in average earning assets of $114M, a higher net interest margin (Q3 4.05% vs 3.76% prior year; YTD 4.03% vs 3.71%), and EPS of $0.64 for Q3 and $2.47 YTD. The company sold $11.0M of low-yield securities and reinvested proceeds into higher-yielding securities.
Ohio Valley Banc Corp (Nasdaq: OVBC) announced a cash dividend of $0.23 per common share, payable on Nov. 10, 2025 to shareholders of record as of the close of business on Oct. 31, 2025. The company said 2025 has produced double‑digit earnings growth through three quarters and highlighted its Community First mission. OVBC operates The Ohio Valley Bank Company (17 offices) and Loan Central, Inc. (six consumer finance offices).
Ohio Valley Banc Corp. (Nasdaq: OVBC) has announced the extension of its existing stock buyback program until August 31, 2026. The program, which was initially approved in 2021, authorizes the repurchase of up to $5 million in outstanding common stock. As of August 19, 2025, the company has already repurchased approximately $2.97 million in common stock.
The Board of Directors has maintained all original terms of the buyback program, retaining the authority to terminate or amend it before the expiration date. This extension represents the company's continued commitment to returning value to shareholders.