Ohio Valley Banc: 4Q Earnings Snapshot

January 29, 2020 GMT

GALLIPOLIS, Ohio (AP) _ Ohio Valley Banc Corp. (OVBC) on Wednesday reported fourth-quarter net income of $3.5 million.

The bank, based in Gallipolis, Ohio, said it had earnings of 73 cents per share.

The bank holding company posted revenue of $15.5 million in the period. Its revenue net of interest expense was $13.6 million, exceeding Street forecasts.

For the year, the company reported profit of $9.9 million, or $2.08 per share. Revenue was reported as $52.2 million.

Ohio Valley Banc shares have decreased 13% since the beginning of the year.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OVBC at https://www.zacks.com/ap/OVBC