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Ohio Valley Banc (OVBC) Research & Development: 2016-2020

Historic Research & Development for Ohio Valley Banc (OVBC) over the last 5 years, with Dec 2020 value amounting to $329,000.

  • Ohio Valley Banc's Research & Development fell 10.35% to $329,000 in Q4 2020 from the same period last year, while for Dec 2020 it was $2.2 million, marking a year-over-year increase of 8.72%. This contributed to the annual value of $3.1 million for FY2024, which is 10.15% up from last year.
  • Latest data reveals that Ohio Valley Banc reported Research & Development of $329,000 as of Q4 2020, which was down 38.85% from $538,000 recorded in Q3 2020.
  • In the past 5 years, Ohio Valley Banc's Research & Development ranged from a high of $759,000 in Q3 2018 and a low of -$65,000 during Q4 2018.
  • Moreover, its 3-year median value for Research & Development was $547,000 (2019), whereas its average is $523,417.
  • As far as peak fluctuations go, Ohio Valley Banc's Research & Development tumbled by 115.15% in 2018, and later soared by 664.62% in 2019.
  • Over the past 5 years, Ohio Valley Banc's Research & Development (Quarterly) stood at $386,000 in 2016, then rose by 11.14% to $429,000 in 2017, then tumbled by 115.15% to -$65,000 in 2018, then spiked by 664.62% to $367,000 in 2019, then decreased by 10.35% to $329,000 in 2020.
  • Its Research & Development stands at $329,000 for Q4 2020, versus $538,000 for Q3 2020 and $704,000 for Q2 2020.