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 (OVBC) is a financial holding company based in Gallipolis, Ohio, and the parent of The Ohio Valley Bank Company and Loan Central, Inc. Its news flow reflects the activities of a regional commercial and consumer banking organization operating in Ohio and West Virginia.
Visitors to this OVBC news page will find company-issued updates such as quarterly and year-to-date earnings announcements filed via Form 8-K, where Ohio Valley Banc Corp reports net income, earnings per share, net interest income, net interest margin, and key balance sheet trends. These releases also describe loan growth across commercial real estate, commercial and industrial, and residential real estate segments, as well as changes in consumer lending and deposit composition.
The company regularly announces decisions by its Board of Directors regarding quarterly cash dividends on common shares, including per-share amounts, payment dates, and record dates. News items also cover corporate actions such as the authorization and extension of a share repurchase program and the amount of common stock repurchased under that program.
Another category of OVBC news relates to its participation in the Ohio Treasurer’s Ohio Homebuyer Plus program and the associated Sweet Home Ohio deposit account, which influences the company’s securities portfolio and funding mix. The company has also issued news about its inclusion in the Russell 3000 Index and related Russell 2000 small-cap index.
By following this page, readers can review a chronological record of earnings releases, dividend declarations, capital management actions, and other material events that Ohio Valley Banc Corp reports through press releases and SEC Form 8-K filings.
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Ohio Valley Banc Corp. (OVBC) announced on April 18, 2023, that its Board of Directors has declared a cash dividend of $0.22 per common share. This cash dividend will be payable on May 10, 2023, to shareholders who are on record as of the close of business on April 28, 2023.
Chairman Tom Wiseman expressed enthusiasm about delivering this increased quarterly dividend, emphasizing the company's commitment to reward loyal shareholders while navigating upcoming challenges and opportunities. Ohio Valley Banc Corp. operates The Ohio Valley Bank Company, which has 17 branches in Ohio and West Virginia, and Loan Central, Inc., with six finance offices in Ohio.