Ohio Valley Banc (NASDAQ:OVBC) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$14.5m (up 1.3% from 2Q 2023).

• Net income: US$2.97m (down 8.5% from 2Q 2023).

• Profit margin: 21% (down from 23% in 2Q 2023). The decrease in margin was driven by higher expenses.

• EPS: US$0.63 (down from US$0.68 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Ohio Valley Banc shares are up 3.1% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Ohio Valley Banc's balance sheet health.

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