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

Ohio Valley Banc (OVBC) has disclosed Tax Rate for 5 consecutive years, with 18.46% as the latest value for Q4 2020.

  • Quarterly Tax Rate rose 1026.0% to 18.46% in Q4 2020 from the year-ago period, while the trailing twelve-month figure was 16.64% through Dec 2020, up 430.0% year-over-year, with the annual reading at 24.12% for FY2025, 635.0% up from the prior year.
  • Tax Rate for Q4 2020 was 18.46% at Ohio Valley Banc, up from 12.68% in the prior quarter.
  • The five-year high for Tax Rate was 75.58% in Q4 2017, with the low at 152.11% in Q3 2016.
  • Average Tax Rate over 5 years is 10.65%, with a median of 16.27% recorded in 2019.
  • The sharpest move saw Tax Rate surged 15640bps in 2017, then crashed -5792bps in 2018.
  • Over 5 years, Tax Rate stood at 23.85% in 2016, then skyrocketed by 217bps to 75.58% in 2017, then tumbled by -77bps to 17.66% in 2018, then tumbled by -54bps to 8.19% in 2019, then skyrocketed by 125bps to 18.46% in 2020.
  • According to Business Quant data, Tax Rate over the past three periods came in at 18.46%, 12.68%, and 20.18% for Q4 2020, Q3 2020, and Q2 2020 respectively.