Ohio Valley Banc Q2 FY26 net income drops 30.46% to $2.93 million

Reuters2026/08/13 15:08

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Ohio Valley Banc posted Q2 net income of USD 2.93 million, down USD 1.28 million from a year earlier; EPS fell to USD 0.62 from USD 0.89.
H1 net income slipped to USD 7.22 million from USD 8.62 million; EPS declined to USD 1.53 from USD 1.83.
Provision for credit losses rose to USD 3.76 million in Q2 and USD 5.38 million in H1, on specific allocations tied to two collateral-dependent commercial loans.
Net interest income climbed 5.9% to USD 15.49 million in Q2 and rose 9.4% to USD 30.37 million in H1, as average earning assets expanded.
Noninterest income increased 11.9% to USD 3.18 million in Q2, helped by USD 377,000 in unrealized gains on equity securities from a Visa exchange offer.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ohio Valley Banc Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000894671-26-000052), on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ohio Valley Banc Q2 FY26 net income drops 30.46% to $2.93 million

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