Ohio Valley Banc Corporation (OVBC, Financial) experienced a significant stock price increase of 5.02%. The stock is currently trading at $24.37 per share with a trading volume of 7,621 shares, marking a turnover rate of 0.16% and a price fluctuation of 2.37%.
Recent financial reports indicate that OVBC achieved revenue of $22.26 million and a net profit of $2.72 million, resulting in earnings per share (EPS) of $0.58. The stock's price-to-earnings (P/E) ratio is 9.76. Currently, there are no institutional ratings suggesting "buy," "hold," or "sell" for OVBC shares.
In the banking sector, the overall growth stood at 5.92%. Within this sector, other stocks such as Axos Financial, Inc., Sierra Bancorp, and Customers Bancorp showed significant increases. Meanwhile, stocks like Evans Bancorp, Homestreet, Inc., and Flagstar Financial, Inc. exhibited notable activity with turnover rates of 4.63%, 3.34%, and 3.10% respectively. Furthermore, stocks with substantial price movement include Enterprise Bancorp Inc., Loandepot, Inc., and Norwood Financial Corp., with fluctuations of 20.51%, 16.28%, and 14.83%, respectively.
Ohio Valley Banc Corporation operates as a full-service financial institution, providing a variety of commercial and consumer banking services in southeastern Ohio and western Virginia. Its services include deposit accounts, personal and business loans, construction and real estate loans, and other standard banking products and services. The company's operations are divided into two segments: banking and consumer finance, with the majority of its revenue generated from its banking sector.
