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Ohio Valley Banc (OVBC) Tax Rate: 2016-2020

Historic Tax Rate for Ohio Valley Banc (OVBC) over the last 5 years, with Dec 2020 value amounting to 18.46%.

  • Ohio Valley Banc's Tax Rate rose 155.00% to 18.46% in Q4 2020 from the same period last year, while for Dec 2020 it was 16.64%, marking a year-over-year increase of 117.00%. This contributed to the annual value of 26.59% for FY2024, which is 480.00% up from last year.
  • Per Ohio Valley Banc's latest filing, its Tax Rate stood at 18.46% for Q4 2020, which was up 45.62% from 12.68% recorded in Q3 2020.
  • Over the past 5 years, Ohio Valley Banc's Tax Rate peaked at 75.58% during Q4 2017, and registered a low of 4.28% during Q3 2017.
  • Over the past 3 years, Ohio Valley Banc's median Tax Rate value was 16.18% (recorded in 2019), while the average stood at 14.91%.
  • In the last 5 years, Ohio Valley Banc's Tax Rate surged by 2,446bps in 2017 and then slumped by 5,506bps in 2018.
  • Over the past 5 years, Ohio Valley Banc's Tax Rate (Quarterly) stood at 51.13% in 2016, then soared by 2,446bps to 75.58% in 2017, then slumped by 5,506bps to 20.52% in 2018, then tumbled by 361bps to 16.91% in 2019, then surged by 155bps to 18.46% in 2020.
  • Its Tax Rate stands at 18.46% for Q4 2020, versus 12.68% for Q3 2020 and 20.18% for Q2 2020.