Ohio Valley Banc (OVBC) AI Stock Analysis

• Market Cap: $193.67M
• Dividend Yield: 2.27%
• Average Volume (3M): 14.18K
• Price to Earnings (P/E): 12.1
• Beta (1Y): 0.09
• Revenue Growth: 10.35%
• EPS Growth: 22.05%
• Country: US
• Employees: 271
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.84
• Shares Outstanding: 4,711,001
• 10 Day Avg. Volume: 20,552
• 30 Day Avg. Volume: 14,183
• PEG Ratio: 0.29
• Price to Book (P/B): 1.11
• Price to Sales (P/S): 2.00
• P/FCF Ratio: 11.06
• Enterprise Value/Market Cap: 1.28
• Enterprise Value/Revenue: 2.64
• Enterprise Value/Gross Profit: 3.91
• Enterprise Value/Ebitda: 12.79
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: $45.00 ▲(15.53% Upside)
• Action: Downgraded Date: 03/17/26
• Date: Action: Downgraded 03/17/26

OVBC’s score is driven primarily by steady underlying financial strength (profitability, improving ROE, conservative leverage, and positive free cash flow), tempered by the sharp 2025 revenue decline and some cash-flow signal volatility. Technical indicators are mixed-to-soft, while valuation is supportive with a reasonable P/E and a moderate dividend yield.

Positive Factors

Profitability and Margins

Recovering net margins (~16.6% in 2025) and improving ROE (~9.2%) indicate the bank is operating with healthy spread management and rising shareholder returns. This durable profitability supports internal capital generation, dividend capacity, and resilience through moderate cyclical pressure over the next several months.

Conservative Leverage

Relatively low debt-to-equity (~0.32) and steady equity growth point to a conservative capital structure for a regional bank. That structural conservatism reduces funding and solvency risk, preserving lending capacity and stability through interest-rate or funding stress over a multi-month horizon.

Consistent Free Cash Flow

Consistent positive free cash flow and a ~46% jump in 2025 demonstrate strong cash conversion of earnings. High FCF relative to net income (~0.72–0.94 historically) implies earnings quality and gives management durable flexibility for dividends, loan funding, or balance sheet strengthening over the medium term.

Negative Factors

Sharp Revenue Decline

A -38.4% YoY revenue drop in 2025 is a material top-line deterioration that raises questions about business mix, loan book rolloffs, or fee income sustainability. Even with earnings resilience, such a pronounced decline can compress growth prospects and limit the bank's ability to expand lending or absorb new credit costs over coming quarters.

Operating Cash Flow Volatility

Notable year-to-year swings in operating cash flow, including a drop in 2024 and an extreme 2025 value, undermine confidence in predictable cash generation. For a bank, uneven OCF complicates provisioning, dividend planning, and funding decisions, raising medium-term execution risk despite positive FCF.

Balance Sheet Sensitivity to Funding/Credit

Management notes asset growth and leverage warrant monitoring due to industry sensitivity to credit and funding. This structural vulnerability means adverse credit cycles or funding stress could quickly limit lending, tighten margins, and force more conservative capital actions across the next several months.

Ohio Valley Banc Business Overview & Revenue Model

Company Description

Ohio Valley Banc Corp. operates as the bank holding company for The Ohio Valley Bank Company that provides commercial and consumer banking products and services. The company operates in two segments, Banking and Consumer Finance. It accepts various deposit products, including checking, savings, time, and money market accounts, as well as individual retirement accounts, demand deposits, NOW accounts, and certificates of deposit. The company also provides various residential real estate loans, including one-to four-family residential mortgages; commercial loans for securing equipment, inventory, stock, commercial real estate, and rental property; and consumer loans secured by automobiles, mobile homes, recreational vehicles, and other personal property, as well as personal loans, unsecured credit card receivables, floor plan and student loans, and construction loans. In addition, it offers safe deposit boxes, wire transfers, credit card services, and Internet banking services; and financial management online services, such as cash management and news updates related to repossession auctions, current rates, and general bank news. Further, the company provides automatic teller machine (ATM) services, consumer finance, seasonal tax preparation services, and commercial property and various liability insurance services, as well as trust and online-only consumer direct mortgage services. It operates sixteen offices in Ohio and West Virginia; and six consumer finance offices in Ohio. The company owns and operates thirty- six ATMs, including twenty off-site ATMs. Ohio Valley Banc Corp. was founded in 1872 and is headquartered in Gallipolis, Ohio.

How the Company Makes Money

Ohio Valley Banc generates revenue primarily through interest income from loans and fees associated with its banking services. The company offers various loan products, including personal loans, home mortgages, and commercial loans, which yield interest payments that constitute a significant portion of its income. Additionally, OVBC earns money through service fees on deposit accounts, ATM transactions, and other banking services. The bank may also engage in investment services, earning commissions and management fees. Partnerships with local businesses and community organizations enhance its customer base and contribute to its earnings by promoting financial products tailored to community needs.

Ohio Valley Banc Financial Statement Overview

Summary

Financials are fundamentally steady: solid profitability with margins recovering to ~16.6% in 2025, improving ROE (~9.2%), conservative leverage (debt-to-equity ~0.32), and consistently positive free cash flow with a meaningful 2025 increase. The key offset is the sharp 2025 revenue decline (-38.4% YoY) and some operating cash flow volatility, which raises sustainability concerns.

Income Statement

Profitability remains solid, with net margins consistently in the mid-to-high teens historically and recovering to ~16.6% in 2025 after a weaker 2024. However, growth has turned volatile: revenue expanded strongly from 2022–2024, but 2025 revenue fell sharply (-38.4% YoY), and profit dollars rose despite the revenue drop—suggesting earnings resilience but also raising questions around revenue sustainability/normalization. Overall: good profitability profile, but the latest top-line trend is a clear negative.

Balance Sheet

Leverage appears conservative for a regional bank, with debt-to-equity staying around ~0.21–0.38 and ending 2025 at ~0.32, alongside steady equity growth over time. Returns on equity are healthy and improved in 2025 (~9.2%) versus 2024 (~7.3%). The main weakness is that asset growth and leverage levels should be watched given the industry’s sensitivity to credit and funding conditions, but based on the provided figures the balance sheet looks fundamentally stable.

Cash Flow

Cash generation is generally supportive: free cash flow has been positive each year and jumped meaningfully in 2025 (up ~46%). Free cash flow relative to net income has been consistently strong (~0.72–0.94), implying earnings are backed by cash. The key concern is volatility in operating cash flow year-to-year (notably the drop in 2024 vs. 2023), and the operating cash flow coverage ratio appears inconsistent across periods (including an extreme 2025 value), which reduces confidence in that specific signal.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	94.21M	88.93M	74.49M	57.78M	54.58M
Gross Profit	63.66M	59.51M	56.57M	54.97M	51.30M
EBITDA	19.45M	15.11M	16.78M	17.50M	15.63M
Net Income	15.60M	11.00M	12.63M	13.34M	11.73M
Balance Sheet
Total Assets	1.58B	1.50B	1.35B	1.21B	1.25B
Cash, Cash Equivalents and Short-Term Investments	268.75K	281.72M	290.38M	231.93M	331.36M
Total Debt	55.19M	49.26M	54.30M	27.74M	29.31M
Total Liabilities	1.41B	1.35B	1.21B	1.08B	1.11B
Stockholders Equity	170.26M	150.33M	144.01M	135.03M	141.36M
Cash Flow
Free Cash Flow	17.03M	11.66M	18.06M	14.00M	12.05M
Operating Cash Flow	18.06M	13.10M	20.75M	15.99M	13.14M
Investing Cash Flow	-110.58M	-195.18M	-59.79M	-83.39M	-52.40M
Financing Cash Flow	55.31M	137.07M	121.18M	-38.64M	52.95M

Ohio Valley Banc Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 38.95
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OVBC, the sentiment is Neutral. The current price of 38.95 is below the 20-day moving average (MA) of 42.50, below the 50-day MA of 41.84, and above the 200-day MA of 37.10, indicating a neutral trend. The MACD of -0.31 indicates Positive momentum. The RSI at 40.99 is Neutral, neither overbought nor oversold. The STOCH value of 30.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for OVBC.

Ohio Valley Banc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UBFO	78 Outperform	$179.22M	14.13	9.03%	4.66%	-2.00%	-36.25%
PEBK	74 Outperform	$207.32M	12.41	13.46%	2.58%	4.52%	3.47%
ATLO	71 Outperform	$239.23M	7.86	9.70%	3.49%	5.89%	82.82%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CBFV	64 Neutral	$170.60M	35.81	3.23%	2.90%	-1.39%	-88.66%
OVBC	63 Neutral	$193.67M	12.07	9.58%	2.27%	10.35%	22.05%
MRBK	58 Neutral	$222.90M	9.12	11.39%	2.87%	9.77%	76.75%

Ohio Valley Banc Corporate Events

Ohio Valley Banc Declares Quarterly Cash Dividend

On January 13, 2026, Ohio Valley Banc Corp.’s board of directors declared a quarterly cash dividend of $0.23 per common share, payable on February 10, 2026, to shareholders of record as of January 23, 2026. The dividend declaration underscores the company’s ongoing capital return to shareholders and signals continued confidence from the board in the bank’s financial position and earnings capacity.

The most recent analyst rating on (OVBC) stock is a Hold with a $44.00 price target. To see the full list of analyst forecasts on Ohio Valley Banc stock, see the OVBC Stock Forecast page.