OVBC ANNOUNCES CASH DIVIDEND
Rhea-AI Summary
Ohio Valley Banc Corp. (NASDAQ: OVBC) has declared a quarterly cash dividend of $0.23 per common share. The dividend will be paid on August 10, 2025, to shareholders of record as of July 25, 2025.
Chairman Tom Wiseman reported that the company's first two quarters of 2025 performed according to expectations, with continued strong loan growth. The company has also reinforced its community engagement through its employee Impact Day program under Jamie Stapleton's leadership.
OVBC operates through The Ohio Valley Bank Company with 17 offices across Ohio and West Virginia, and Loan Central Inc. with six consumer finance offices in Ohio.
Positive
- Maintained consistent quarterly dividend of $0.23 per share
- Strong loan growth reported in first half of 2025
- Expanded community engagement through Impact Day program
Negative
- None.
"The Fourth of July weekend has come and gone. Independence Day serves as a reminder of just how special it is to live in small town America. Many of the communities we serve spent months preparing for their Independence Day celebrations, which were both appreciated and enjoyed. The month of July also marks the start of the second half of the year for your company. The first two quarters of 2025 ran close to expectation, and I am pleased to report that we've continued strong loan growth. In addition, under the very capable leadership of Jamie Stapleton, OVB digital and financial education coordinator, we have put renewed energy into our employee Impact Day program, which continues to positively impact our communities. Thanks to your continued support as well as the hard work of our entire OVBC family, we're pleased to announce that the board of directors have once again declared a quarterly dividend," Tom Wiseman, OVBC chairman of the board, said.
Ohio Valley Banc Corp. is based in
Contact: Scott Shockey or Bryna Butler, 740-446-2631, 1-800-468-6682
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SOURCE Ohio Valley Banc Corp.