Ohio Valley Banc Corp. (OVBC) Income Statement

30Y historyFree accessUpdated daily

Net interest income expanded to $14.9 million in 2026Q1, though the net interest margin remains constrained between 0.8% and 1.0% due to rising funding costs.

Annual statement

OVBC Income Statement

Ohio Valley Banc Corp. (OVBC) annual income statement — 30-year revenue, gross profit & net income history

Annual Quarterly

Metric	TTM	Dec'25	Dec'24	Dec'23	Dec'22	Dec'21	Dec'20	Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07	Dec'06	Dec'05	Dec'04	Dec'03	Dec'02	Dec'01	Dec'00	Dec'99	Dec'98	Dec'97	Dec'96

Net Interest Income	60.55M	57.74M	48.42M	45.7M	44.46M	40.78M	39.74M	42.66M	43.29M	41.34M	36.02M	33.2M	33.17M	32.06M	32.38M	33.6M	32.69M	30.4M	30.38M	28.53M	28.49M	27.93M	27.34M	27.52M	26.96M	23.35M	21.13M	21.2M	19.5M	16.9M	15.4M
NII Growth %	58.35%	19.26%	5.94%	2.79%	9.02%	2.63%	-6.85%	-1.45%	4.7%	14.76%	8.5%	0.1%	3.45%	-0.97%	-3.65%	2.79%	7.54%	0.06%	6.5%	0.13%	1.99%	2.16%	-0.62%	2.05%	15.46%	10.51%	-0.33%	8.72%	15.38%	9.74%	-
Net Interest Margin %	3.64%	3.65%	3.22%	3.38%	3.67%	3.26%	3.35%	4.21%	4.2%	4.03%	3.77%	4.17%	4.26%	4.29%	4.21%	4.18%	3.84%	3.74%	3.89%	3.64%	3.73%	3.73%	3.75%	3.89%	3.87%	3.68%	3.76%	4.06%	4.36%	4.46%	4.52%
Interest Income	90.54M	85.24M	75.38M	61.54M	47.3M	44.48M	45.93M	50.32M	49.2M	45.71M	39.35M	36.33M	36.35M	35.96M	39M	44.04M	46.51M	47.62M	51.53M	54.95M	52.42M	46.07M	43.49M	45.16M	47.77M	47.59M	45.2M	40M	35.2M	31.5M	28.3M
Interest Expense	30M	27.49M	26.96M	15.84M	2.84M	3.7M	6.19M	7.26M	5.47M	3.98M	3.02M	2.84M	2.88M	3.57M	6.35M	10.17M	13.55M	16.93M	20.83M	26.42M	23.93M	18.14M	16.15M	17.64M	20.81M	24.23M	24.07M	18.8M	15.7M	14.6M	12.9M
Loan Loss Provision	6.87M	3.05M	2.47M	2.09M	-32K	-419K	2.98M	1M	1.04M	2.56M	2.83M	1.09M	2.79M	477K	1.58M	4.9M	5.87M	3.21M	3.72M	2.25M	5.66M	1.8M	2.35M	4.34M	5.47M	3.5M	1.89M	2.3M	2.3M	1.2M	1.3M
Non-Interest Income	8.76M	8.97M	13.55M	12.95M	10.48M	10.1M	9.68M	7.91M	8.94M	9.44M	8.24M	8.6M	8.98M	8.52M	8.48M	7.22M	6.15M	7.6M	6.19M	5.24M	5.83M	5.52M	7.99M	5.98M	5.63M	5.13M	3.86M	3.1M	2.8M	1.9M	1.4M
Non-Interest Income %	12.64%	13.45%	21.87%	22.08%	19.07%	19.84%	19.59%	15.64%	17.11%	18.58%	18.61%	20.57%	21.31%	20.99%	20.76%	17.69%	15.84%	20%	16.93%	15.51%	16.99%	16.51%	22.62%	17.86%	17.28%	18.01%	15.44%	12.76%	12.56%	10.11%	8.33%
Total Net Revenue	69.31M	66.72M	61.98M	58.66M	54.94M	50.88M	49.42M	50.57M	52.22M	50.78M	44.26M	41.8M	42.15M	40.58M	40.86M	40.83M	38.85M	38M	36.58M	33.76M	34.32M	33.46M	35.34M	33.5M	32.59M	28.48M	24.99M	24.3M	22.3M	18.8M	16.8M
Revenue Growth %	4.07%	7.65%	5.66%	6.76%	7.99%	2.95%	-2.27%	-3.17%	2.85%	14.71%	5.89%	-0.84%	3.87%	-0.68%	0.08%	5.1%	2.23%	3.89%	8.33%	-1.62%	2.58%	-5.32%	5.49%	2.77%	14.45%	13.97%	2.83%	8.97%	18.62%	11.9%	-
Non-Interest Expense	44.89M	44.21M	46.13M	41.37M	39.04M	37.28M	34.13M	38.24M	37.43M	36.61M	32.9M	29.62M	28.48M	29.25M	29.72M	28.3M	26.64M	26.16M	23.32M	22.58M	21.2M	21.36M	20.93M	19.82M	19.18M	18.17M	16.98M	16.1M	14.3M	12.3M	10.8M
Efficiency Ratio	64.77%	66.27%	74.43%	70.53%	71.06%	73.27%	69.07%	75.62%	71.66%	72.1%	74.33%	70.86%	67.57%	72.09%	72.74%	69.32%	68.59%	68.84%	63.77%	66.89%	61.77%	63.84%	59.22%	59.16%	58.83%	63.8%	67.94%	66.26%	64.13%	65.43%	64.29%
Operating Income	17.55M	19.45M	13.38M	15.2M	15.93M	14.02M	12.31M	11.72M	14.2M	11.99M	8.84M	11.38M	11.19M	11.05M	9.81M	7.9M	6.61M	8.92M	9.86M	8.93M	7.46M	10.3M	12.06M	9.34M	7.95M	6.8M	6.12M	5.9M	5.7M	5.3M	4.7M
Operating Margin %	25.32%	29.16%	21.58%	25.91%	29%	27.55%	24.9%	23.18%	27.19%	23.62%	19.97%	27.23%	26.55%	27.23%	24.02%	19.35%	17.01%	23.47%	26.95%	26.44%	21.73%	30.79%	34.12%	27.89%	24.39%	23.89%	24.49%	24.28%	25.56%	28.19%	27.98%
Operating Income Growth %	-	45.42%	-11.99%	-4.61%	13.67%	13.89%	5.01%	-17.46%	18.37%	35.69%	-22.34%	1.7%	1.29%	12.6%	24.26%	19.54%	-25.91%	-9.54%	10.41%	19.69%	-27.58%	-14.57%	29.08%	17.5%	16.83%	11.19%	3.73%	3.51%	7.55%	12.77%	-
Pretax Income	17.55M	19.45M	13.38M	15.2M	15.93M	14.02M	12.31M	11.72M	14.2M	11.99M	8.84M	11.38M	11.19M	11.05M	9.81M	7.9M	6.61M	8.92M	9.86M	8.93M	7.46M	10.3M	12.06M	9.34M	7.95M	6.8M	6.12M	5.9M	5.7M	5.3M	4.7M
Pretax Margin %	25.32%	29.16%	21.58%	25.91%	29%	27.55%	24.9%	23.18%	27.19%	23.62%	19.97%	27.23%	26.55%	27.23%	24.02%	19.35%	17.01%	23.47%	26.95%	26.44%	21.73%	30.79%	34.12%	27.89%	24.39%	23.89%	24.49%	24.28%	25.56%	28.19%	27.98%
Income Tax	3.34M	3.85M	2.38M	2.57M	2.59M	2.28M	2.05M	1.81M	2.25M	4.49M	1.92M	2.81M	3.12M	2.94M	2.76M	2.06M	1.51M	2.27M	2.73M	2.63M	2.06M	3.28M	3.68M	2.87M	2.27M	1.91M	1.72M	1.6M	1.6M	1.5M	1.4M
Effective Tax Rate %	19.04%	19.8%	17.77%	16.89%	16.28%	16.3%	16.64%	15.47%	15.88%	37.4%	21.72%	24.68%	27.87%	26.59%	28.14%	26.12%	22.87%	25.48%	27.69%	29.47%	27.63%	31.87%	30.49%	30.71%	28.62%	28.07%	28.1%	27.12%	28.07%	28.3%	29.79%
Net Income	14.21M	15.6M	11M	12.63M	13.34M	11.73M	10.26M	9.91M	11.94M	7.51M	6.92M	8.57M	8.07M	8.11M	7.05M	5.83M	5.1M	6.64M	7.13M	6.3M	5.4M	7.02M	8.38M	6.47M	5.67M	4.89M	4.4M	4.3M	4.1M	3.8M	3.3M
Net Margin %	20.5%	23.38%	17.75%	21.53%	24.28%	23.06%	20.76%	19.59%	22.87%	14.79%	15.63%	20.51%	19.15%	19.99%	17.26%	14.29%	13.12%	17.49%	19.49%	18.65%	15.73%	20.97%	23.72%	19.32%	17.41%	17.19%	17.61%	17.7%	18.39%	20.21%	19.64%
Net Income Growth %	2.59%	41.84%	-12.92%	-5.3%	13.69%	14.36%	3.55%	-17.05%	59.06%	8.51%	-19.29%	6.21%	-0.48%	15.03%	20.86%	14.5%	-23.31%	-6.78%	13.2%	16.65%	-23.07%	-16.27%	29.5%	14.04%	15.93%	11.25%	2.33%	4.88%	7.89%	15.15%	-
Net Income (Continuing)	14.21M	15.6M	11M	12.63M	13.34M	11.73M	10.26M	9.91M	11.94M	7.51M	6.92M	8.57M	8.07M	8.11M	7.05M	5.83M	5.1M	6.64M	7.13M	6.3M	5.4M	7.02M	8.38M	6.47M	5.67M	4.89M	4.4M	4.3M	4.1M	3.8M	3.3M
EPS (Diluted)	3.02	3.31	2.33	2.65	2.80	2.45	2.14	2.08	2.53	1.60	1.59	2.08	1.97	2.00	1.75	1.46	1.28	1.67	1.77	1.52	1.27	1.64	1.94	1.49	1.31	1.13	1.00	0.98	0.76	0.38	0.26
EPS Growth %	2.38%	42.06%	-12.08%	-5.36%	14.29%	14.49%	2.88%	-17.79%	58.13%	0.63%	-23.56%	5.58%	-1.5%	14.29%	19.86%	14.06%	-23.35%	-5.65%	16.45%	19.68%	-22.56%	-15.46%	30.2%	13.74%	15.93%	13%	2.04%	28.95%	100%	46.15%	-
EPS (Basic)	-	3.31	2.33	2.65	2.80	2.45	2.14	2.08	2.53	1.60	1.59	2.08	1.97	2.00	1.75	1.46	1.28	1.67	1.77	1.52	1.27	1.64	1.94	1.49	1.31	1.13	1.00	0.98	0.76	0.38	0.26
Diluted Shares Outstanding	4.71M	4.71M	4.74M	4.78M	4.77M	4.78M	4.79M	4.77M	4.73M	4.69M	4.35M	4.12M	4.1M	4.06M	4.03M	4M	3.98M	3.98M	4.03M	4.14M	4.25M	4.28M	4.33M	4.35M	4.33M	4.34M	4.4M	5.51M	5.43M	4.22M	4.12M

Key Metrics

Growth RegimeExpanding

ProfitabilityModerate

Balance SheetVulnerable

Cash FlowMixed

Top Statement Risk

Localized Economic Concentration

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Sustained Net Interest Income Expansion

According to the provided quarterly data, Ohio Valley Banc Corp. has demonstrated a consistent upward trajectory in net interest income, which grew from $11.1 million in 2024Q1 to $14.9 million by 2026Q1, reflecting successful loan book repricing and effective management of funding costs in a competitive environment.

The steady growth in NII suggests that the bank is successfully navigating the current rate cycle by leveraging its rural deposit base to maintain funding cost advantages. Investors should monitor whether this momentum can persist if local deposit betas begin to catch up with broader market rate trends.

Stagnant Net Interest Margin Profile

As reported in financial statements, the bank's net interest margin has remained largely range-bound between 0.8% and 1.0% over the last ten quarters, indicating that asset yield improvements are being largely offset by the rising cost of interest-bearing liabilities within the Ohio River Valley market.

The lack of meaningful margin expansion despite rising interest rates suggests that the bank's pricing power may be constrained by its hyper-local competitive landscape. This compression warrants further investigation into the composition of the deposit mix and the potential for future margin volatility.

Efficiency Ratio Volatility Remains Elevated

Based on the company's reported figures, the efficiency ratio has fluctuated significantly, peaking at 55.6% in 2024Q4 before improving to 43.9% in 2026Q1, which suggests that management is actively managing non-interest expenses relative to the bank's total revenue generation capacity across its sixteen physical branches.

The recent improvement in the efficiency ratio appears to be a positive development, potentially reflecting the impact of the online-only mortgage initiative on operational scale. However, the historical volatility suggests that maintaining this level of efficiency may be difficult given the fixed cost burden of the legacy branch network.

Provisioning Trends Reflect Credit Sensitivity

Data from the income statement shows that provision for credit losses reached $1.6 million in 2026Q1, a notable increase from the $181,000 recorded in 2024Q2, which may indicate a cautious management approach toward the unsecured consumer loan book housed within the Loan Central subsidiary.

The rising provision expense suggests that the bank is proactively addressing potential credit deterioration in its higher-yield consumer finance segment. Analysts should monitor whether these provisions are a response to specific regional economic headwinds or a broader shift in the bank's internal risk appetite.

Liquidity Position Warrants Immediate Scrutiny

Financial disclosures reveal an anomalous cash and equivalents balance of $14,845, a figure that appears highly inconsistent with the bank's $94 million revenue profile and suggests either a significant reporting error or a precarious liquidity position that requires immediate verification against regulatory filings for accuracy.

This reported cash level is fundamentally at odds with the operational requirements of a regional depository institution and may indicate a severe liquidity constraint or a misclassification of assets. Investors should treat this metric with extreme caution until management provides clarification on the bank's actual liquid capital position.

OVBC — Frequently Asked Questions

Quick answers to the most common questions about buying OVBC stock.

What was Ohio Valley Banc Corp.'s (OVBC) revenue in 2025?

For fiscal year 2025, Ohio Valley Banc Corp. (OVBC) reported total revenue of $66.7M. This represents a 297.1% increase compared to $16.8M in 1996.

Is Ohio Valley Banc Corp. (OVBC) profitable?

Ohio Valley Banc Corp. (OVBC) is profitable, generating $15.6M in net income for the fiscal year ending 2025 with a net profit margin of 23.4%.

What is Ohio Valley Banc Corp.'s operating profit margin?

Ohio Valley Banc Corp. (OVBC) reported an operating income of $19.5M, resulting in an operating profit margin of 29.2%. This margin reflects the operational efficiency of the business before interest and taxes.

What is Ohio Valley Banc Corp.'s gross profit and gross margin?

Ohio Valley Banc Corp. (OVBC) generated $63.7M in gross profit for the year, representing a gross profit margin of 95.4%. This demonstrates the company's core pricing power and production efficiency.