Ohio Valley Banc Corp (OVBC, Financial) experienced a significant stock movement with a sharp decline of 5.04%. The stock is currently priced at $22.60 per share, with a trading volume of 512 shares and a turnover rate of 0.01%.
According to recent financial reports, OVBC posted a revenue of $21.35 million and a net profit of $2.97 million, resulting in an earnings per share (EPS) of $0.63. The stock's price-to-earnings (P/E) ratio stands at 9.58. Currently, there are no institutional ratings available for OVBC stock regarding buying, holding, or selling recommendations.
Within the banking sector, where OVBC operates, the average gain is 1.81%. Notable performers in the sector include Carver Bancorp, Citizens Financial Services, Inc., and FinWise Bancorp, which have seen substantial gains. Active stocks in the sector such as Carver Bancorp, UWM Holdings Corporation, and Bank of New York Mellon showed turnover rates of 3.12%, 1.28%, and 0.86% respectively. Stocks with high volatility in the sector include FinWise Bancorp, Carver Bancorp, and Better Home & Finance Holding Company, with price swings of 14.74%, 13.79%, and 11.50% respectively.
Ohio Valley Banc Corporation is a financial holding company and a full-service financial institution. It operates in Southeast Ohio and Western Virginia, offering a blend of commercial and consumer banking services. These services include deposit accounts, personal and commercial loans, construction and real estate loans, individual retirement accounts, safe deposit boxes, wire transfers, and other standard banking products and services. The company's operations are divided into two main segments: banking and consumer finance, with the majority of its revenue coming from the banking segment.
