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Ohio Valley Banc (OVBC) Operating Expenses (2016 - 2020)

Ohio Valley Banc (OVBC) has disclosed Operating Expenses for 5 consecutive years, with $7.1 million as the latest value for Q4 2020.

  • Quarterly Operating Expenses fell 31.54% to $7.1 million in Q4 2020 from the year-ago period, while the trailing twelve-month figure was $36.1 million through Dec 2020, down 8.52% year-over-year, with the annual reading at $44.2 million for FY2025, 4.16% down from the prior year.
  • Operating Expenses for Q4 2020 was $7.1 million at Ohio Valley Banc, down from $9.9 million in the prior quarter.
  • The five-year high for Operating Expenses was $10.4 million in Q4 2019, with the low at $7.1 million in Q4 2020.
  • Average Operating Expenses over 5 years is $9.1 million, with a median of $9.5 million recorded in 2019.
  • The sharpest move saw Operating Expenses grew 27.1% in 2019, then crashed 31.54% in 2020.
  • Over 5 years, Operating Expenses stood at $8.3 million in 2016, then dropped by 2.32% to $8.1 million in 2017, then increased by 0.58% to $8.2 million in 2018, then grew by 27.1% to $10.4 million in 2019, then plummeted by 31.54% to $7.1 million in 2020.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $7.1 million, $9.9 million, and $9.6 million for Q4 2020, Q3 2020, and Q2 2020 respectively.