Ohio Valley Banc (OVBC) Non Operating Interest Expenses (2010 - 2024)

Ohio Valley Banc (OVBC) has reported Non Operating Interest Expenses for 15 consecutive years, with $6.5 million the latest figure, recorded in Q1 2024.

• On a quarterly basis, Non Operating Interest Expenses rose 213.42% year-over-year to $6.5 million in Q1 2024; TTM through Mar 2024 was $20.3 million, a 377.49% increase from a year earlier, with the FY2023 full-year figure at $15.8 million, up 458.07% from the prior year.
• Non Operating Interest Expenses was $6.5 million for Q1 2024 at Ohio Valley Banc, up from $5.8 million in the prior quarter.
• Over five years, Non Operating Interest Expenses peaked at $6.5 million in Q1 2024 and troughed at $667000.0 in Q1 2022.
• A 5-year average of $2.1 million and a median of $1.3 million in 2020 frame the typical range for Non Operating Interest Expenses.
• Across the five-year window, Non Operating Interest Expenses slumped 41.89% in 2021 and surged 611.64% in 2023, its largest moves.
• Over 5 years, Non Operating Interest Expenses stood at $1.3 million in 2020, then tumbled by 41.4% to $770000.0 in 2021, then gained by 5.97% to $816000.0 in 2022, then surged by 611.64% to $5.8 million in 2023, then grew by 11.83% to $6.5 million in 2024.
• The last three Non Operating Interest Expenses figures came in at $6.5 million (Q1 2024), $5.8 million (Q4 2023), and $4.6 million (Q3 2023), per Business Quant data.