OVBC Stock Declines Despite Earnings Surge on Strong Asset Growth
Shares of Ohio Valley Banc Corp. (OVBC) have lost 0.8% since the company reported earnings for the quarter ended March 31, 2025, underperforming the S&P 500 Index’s 1.3% gain during the same period. However, over the past month, OVBC stock surged 44.1%, notably outpacing the S&P 500’s 0.6% decline.For the first quarter of 2025, Ohio Valley Banc reported a consolidated net income of $4.4 million, up 57.8% from $2.8 million in the same quarter a year ago. Earnings per share jumped 62.1% to $0.94 from $0.58. ( ...