10-Q · May 15, 2026
Ohio Valley Banc Corp. reported Q1 2026 earnings with revenue of $18.18 million, a decrease from $24 million in Q4 2025 and a diluted EPS of $0.91, up from $0.84 in Q4 2025. Despite lower total revenue compared to the…
Earnings analysis · 10-Q
OVBC earnings analysis
Filed August 13, 2026 · Our reading of the company's report
The latest report
Ohio Valley’s Q2 2026 results were materially weaker year over year, with EPS down to $0.62 from $0.89 and net income down to $2.927 million from $4.210 million. Revenue totaled $26.664 million, supported by $23.478…
Read full summary
Ohio Valley’s Q2 2026 results were materially weaker year over year, with EPS down to $0.62 from $0.89 and net income down to $2.927 million from $4.210 million. Revenue totaled $26.664 million, supported by $23.478 million of interest income and $3.186 million of noninterest income, including a Visa-related gain. Credit-loss provisioning, higher nonperforming loans, and funding-cost pressure were the principal negatives. The filing provided no quantitative forward guidance and stated that there were no material changes to the risk factors in the 2025 Annual Report.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.62
What stood out
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EPS declined 30% year over year
Second-quarter 2026 EPS was $0.62, down $0.27, or approximately 30%, from $0.89 in the second quarter of 2025.
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Net income contracted materially
Net income was $2.927 million in Q2 2026 versus $4.210 million in Q2 2025, a decrease of $1.283 million, or approximately 30%.
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Revenue remained diversified
Total revenue was $26.664 million, consisting of $23.478 million of interest income and $3.186 million of noninterest income.
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Fee income and lending supported revenue
Noninterest income benefited from a Visa-related gain, while commercial loan growth supported net interest income; the filing reported $3.186 million of noninterest income and $23.478 million of interest income.
What to watch
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Higher credit-loss provision
Credit costs were a headwind: the company’s prior quarterly disclosure indicated that the provision for credit losses rose sharply, while Q2 2026 net income fell to $2.927 million from $4.210 million a year earlier.
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Nonperforming loans increased
Asset-quality deterioration remains a concern, as the prior disclosure reported an increased nonperforming-loan ratio; EPS declined to $0.62 from $0.89 year over year.
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Funding costs pressured margins
Funding costs pressured profitability and contributed to the earnings decline from $0.89 to $0.62 per diluted share year over year.
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No formal risk-factor changes
Management stated that, as of the filing date, there were no material changes to the risk factors previously disclosed in the company’s 2025 Annual Report.
Management's outlook
No quantitative forward revenue or EPS guidance was provided in the filing; no change to prior outlook can be assessed.
Earlier filings 4
10-K · March 13, 2026
Ohio Valley Banc Corp. (OVBC) reports a largely stable, community-bank franchise concentrated in Ohio and West Virginia with a stated strategy of profitable growth (including possible branch expansion and acquisitions)…
10-Q · November 14, 2025
Ohio Valley Banc Corp. reported Q3 2025 net income of $3,030,000 and EPS of $0.64 on total revenue (net interest income plus noninterest income) of $16,345,000, up from revenue of $15,435,000 and EPS $0.58 in Q3 2024.…
10-Q · August 14, 2025
Ohio Valley Banc Corp. reported a stronger quarter with net income of $4,210,000 and EPS of $0.89 for Q2 2025, up from $2,972,000 and $0.63 in Q2 2024. Net interest income expanded to $14,535,000 while provision for…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.