Ohio Valley Banc (OVBC) Rent Expense: 2010-2024

Historic Rent Expense for Ohio Valley Banc (OVBC) over the last 15 years, with Dec 2024 value amounting to $1.9 million.

  • Ohio Valley Banc's Rent Expense rose 13.47% to $455,000 in Q4 2020 from the same period last year, while for Dec 2020 it was $1.8 million, marking a year-over-year increase of 2.60%. This contributed to the annual value of $1.9 million for FY2024, which is 1.84% up from last year.
  • As of FY2024, Ohio Valley Banc's Rent Expense stood at $1.9 million, which was up 1.84% from $1.9 million recorded in FY2023.
  • Ohio Valley Banc's Rent Expense's 5-year high stood at $1.9 million during FY2024, with a 5-year trough of $1.8 million in FY2021.
  • For the 3-year period, Ohio Valley Banc's Rent Expense averaged around $1.9 million, with its median value being $1.9 million (2022).
  • As far as peak fluctuations go, Ohio Valley Banc's Rent Expense declined by 1.16% in 2021, and later climbed by 6.35% in 2022.
  • Yearly analysis of 5 years shows Ohio Valley Banc's Rent Expense stood at $1.8 million in 2020, then declined by 1.16% to $1.8 million in 2021, then increased by 6.35% to $1.9 million in 2022, then declined by 0.37% to $1.9 million in 2023, then rose by 1.84% to $1.9 million in 2024.