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Ohio Valley Banc (OVBC) Interest Expenses: 2010-2024

Historic Interest Expenses for Ohio Valley Banc (OVBC) over the last 15 years, with Dec 2024 value amounting to $27.0 million.

  • Ohio Valley Banc's Interest Expenses fell 29.70% to $1.3 million in Q4 2020 from the same period last year, while for Dec 2020 it was $6.2 million, marking a year-over-year decrease of 14.78%. This contributed to the annual value of $27.0 million for FY2024, which is 70.22% up from last year.
  • According to the latest figures from FY2024, Ohio Valley Banc's Interest Expenses is $27.0 million, which was up 70.22% from $15.8 million recorded in FY2023.
  • In the past 5 years, Ohio Valley Banc's Interest Expenses ranged from a high of $27.0 million in FY2024 and a low of $2.8 million during FY2022.
  • Over the past 3 years, Ohio Valley Banc's median Interest Expenses value was $15.8 million (recorded in 2023), while the average stood at $15.2 million.
  • Per our database at Business Quant, Ohio Valley Banc's Interest Expenses plummeted by 40.25% in 2021 and then spiked by 458.07% in 2023.
  • Over the past 5 years, Ohio Valley Banc's Interest Expenses (Yearly) stood at $6.2 million in 2020, then slumped by 40.25% to $3.7 million in 2021, then fell by 23.28% to $2.8 million in 2022, then surged by 458.07% to $15.8 million in 2023, then soared by 70.22% to $27.0 million in 2024.