Ohio Valley Banc Corporation (OVBC) Files 10-K for the Fiscal Year Ended on December 31, 2017

Ohio Valley Banc Corporation (OVBC, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Ohio Valley Banc Corporation is a financial holding company. It is engaged in commercial and retail banking. It is a full-service financial institution, offers commercial and consumer banking services in Ohio as well as western West Virginia. Ohio Valley Banc Corporation has a market cap of $201.730 million; its shares were traded at around $42.90 with a P/E ratio of 26.78 and P/S ratio of 3.98. The dividend yield of Ohio Valley Banc Corporation stocks is 1.96%. Ohio Valley Banc Corporation had annual average EBITDA growth of 2.30% over the past ten years.

For the last quarter Ohio Valley Banc Corporation reported a revenue of $12.5 million, compared with the revenue of $11.49 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $51.2 million, an increase of 14.8% from last year. For the last five years Ohio Valley Banc Corporation had an average revenue growth rate of 3.8% a year.

The reported diluted earnings per share was $1.6 for the year, an increase of 0.6% from previous year. Over the last five years Ohio Valley Banc Corporation had an average EPS decline of 3% a year. The Ohio Valley Banc Corporation enjoyed an operating margin of 23.44%, compared with the operating margin of 19.84% a year before. The 10-year historical median operating margin of Ohio Valley Banc Corporation is 24.87%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Ohio Valley Banc Corporation has the cash and cash equivalents of $76.4 million, compared with $41.8 million in the previous year. The long term debt was $44.4 million, compared with $45.6 million in the previous year. The interest coverage to the debt is 3, which is not a favorable level. Ohio Valley Banc Corporation has a financial strength rank of 5 (out of 10).

At the current stock price of $42.90, Ohio Valley Banc Corporation is traded at 80.1% premium to its historical median P/S valuation band of $23.82. The P/S ratio of the stock is 3.98, while the historical median P/S ratio is 2.22. The stock gained 53.88% during the past 12 months.

For the complete 20-year historical financial data of OVBC, click here.