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Ohio Valley Banc (OVBC) Rent Expense (2016 - 2020)

Ohio Valley Banc (OVBC) has disclosed Rent Expense for 5 consecutive years, with $455000.0 as the latest value for Q4 2020.

  • Quarterly Rent Expense rose 13.47% to $455000.0 in Q4 2020 from the year-ago period, while the trailing twelve-month figure was $1.8 million through Dec 2020, up 2.6% year-over-year, with the annual reading at $2.0 million for FY2025, 4.08% up from the prior year.
  • Rent Expense for Q4 2020 was $455000.0 at Ohio Valley Banc, down from $481000.0 in the prior quarter.
  • The five-year high for Rent Expense was $546000.0 in Q4 2016, with the low at $401000.0 in Q4 2019.
  • Average Rent Expense over 5 years is $447900.0, with a median of $444500.0 recorded in 2017.
  • The sharpest move saw Rent Expense fell 19.6% in 2017, then increased 13.47% in 2020.
  • Over 5 years, Rent Expense stood at $546000.0 in 2016, then dropped by 19.6% to $439000.0 in 2017, then dropped by 4.78% to $418000.0 in 2018, then decreased by 4.07% to $401000.0 in 2019, then grew by 13.47% to $455000.0 in 2020.
  • According to Business Quant data, Rent Expense over the past three periods came in at $455000.0, $481000.0, and $449000.0 for Q4 2020, Q3 2020, and Q2 2020 respectively.