Ohio Valley Banc Corp. Reports 1st Quarter Earnings

GALLIPOLIS, Ohio, April 28, 2022 /PRNewswire/ -- Ohio Valley Banc Corp. (Nasdaq: OVBC) (the "Company") reported consolidated net income for the quarter ended March 31, 2022, of $4,125,000, an increase of $594,000, or 16.8%, from the same period the prior year. Earnings per share for the first quarter of 2022 was $.87, compared to $.74 for the first quarter of 2021. Return on average assets and return on average equity were 1.34% and 11.78%, respectively, for the first quarter of 2022, versus 1.20% and 10.47%, respectively, for the same period the prior year.

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