Ohio Valley Banc (OVBC) Research & Development: 2010-2024

Historic Research & Development for Ohio Valley Banc (OVBC) over the last 15 years, with Dec 2024 value amounting to $3.1 million.

  • 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.
  • Per Ohio Valley Banc's latest filing, its Research & Development stood at $3.1 million for FY2024, which was up 10.15% from $2.8 million recorded in FY2023.
  • Ohio Valley Banc's Research & Development's 5-year high stood at $3.1 million during FY2024, with a 5-year trough of $2.2 million in FY2020.
  • Moreover, its 3-year median value for Research & Development was $2.8 million (2023), whereas its average is $2.9 million.
  • Data for Ohio Valley Banc's Research & Development shows a peak YoY rose of 14.75% (in 2022) over the last 5 years.
  • Over the past 5 years, Ohio Valley Banc's Research & Development (Yearly) stood at $2.2 million in 2020, then grew by 10.88% to $2.4 million in 2021, then grew by 14.75% to $2.8 million in 2022, then grew by 1.74% to $2.8 million in 2023, then grew by 10.15% to $3.1 million in 2024.