Ohio Valley Banc Corp. Reports Strong Q2 2025 Earnings

Ohio Valley Banc ( (OVBC) ) has released its Q2 earnings. Here is a breakdown of the information Ohio Valley Banc presented to its investors.

Ohio Valley Banc Corp., a financial institution operating primarily in Ohio and West Virginia, provides a range of banking services, including commercial and real estate lending, through its subsidiaries.

In its latest earnings report, Ohio Valley Banc Corp. announced a significant increase in net income for the second quarter of 2025, reporting $4.21 million, a 41.7% rise from the previous year. The company’s earnings per share also saw a notable increase, reaching $0.89 compared to $0.63 in the same quarter of the prior year.

Key financial metrics revealed a robust performance, with net interest income rising by $2.57 million for the quarter, driven by growth in average earning assets and an improved net interest margin. The company’s strategic participation in the Ohio Homebuyer Plus Program contributed to a $99 million increase in average securities, while average loans grew by $60 million, primarily in commercial and real estate segments. Additionally, noninterest income saw a modest increase, largely due to higher interchange income from debit and credit cards.

Despite an increase in provision for credit losses, which rose by $967,000 due to loan growth and economic factors, the company’s asset quality remained stable, with nonperforming loans slightly decreasing. Noninterest expenses increased marginally, with data processing and marketing expenses contributing to the rise.

Looking ahead, Ohio Valley Banc Corp. remains focused on enhancing shareholder value through strategic lending initiatives and maintaining stable asset quality, as highlighted by the management’s continued emphasis on commercial and real estate lending growth.