Ohio Historical Income Statement
OVBC Stock | USD 27.75 0.09 0.32% |
Historical analysis of Ohio Valley income statement accounts such as Total Revenue of 42.1 M can show how well Ohio Valley Banc performed in making a profits. Evaluating Ohio Valley income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ohio Valley's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Ohio Valley Banc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ohio Valley Banc is a good buy for the upcoming year.
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About Ohio Income Statement Analysis
Ohio Valley Banc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ohio Valley shareholders. The income statement also shows Ohio investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Ohio Valley Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Ohio Valley Banc minus its cost of goods sold. It is profit before Ohio Valley operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Ohio Valley Banc financial statement analysis. It represents the amount of money remaining after all of Ohio Valley Banc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Ohio Valley's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ohio Valley Banc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ohio Valley Banc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At present, Ohio Valley's Income Tax Expense is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.7M | 2.8M | 15.8M | 10.2M | Depreciation And Amortization | 1.5M | 1.5M | 1.6M | 838.7K |
Ohio Valley income statement Correlations
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Ohio Valley income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 206K | 1.4M | 1.5M | 1.5M | 1.6M | 838.7K | |
Interest Expense | 7.3M | 6.2M | 3.7M | 2.8M | 15.8M | 10.2M | |
Selling General Administrative | 27.3M | 25.4M | 26.2M | 22.0M | 24.0M | 18.3M | |
Total Revenue | 51.0M | 49.4M | 50.9M | 54.9M | 56.6M | 42.1M | |
Gross Profit | 51.0M | 49.4M | 50.9M | 54.9M | 74.5M | 42.8M | |
Other Operating Expenses | 39.2M | 37.1M | 36.9M | 36.2M | 34.7M | 30.8M | |
Operating Income | 11.7M | 12.3M | 14.0M | 18.8M | 21.8M | 11.2M | |
Ebit | 11.7M | 12.4M | 14.1M | 16.0M | 15.2M | 10.9M | |
Ebitda | 11.9M | 13.8M | 15.6M | 17.5M | 16.8M | 12.1M | |
Total Operating Expenses | (39.2M) | (37.1M) | (36.9M) | (36.2M) | 34.7M | 36.5M | |
Income Before Tax | 11.7M | 12.3M | 14.0M | 15.9M | 15.2M | 10.6M | |
Total Other Income Expense Net | 11.7M | (3.8M) | (6.0M) | (6.4M) | (6.6M) | (7.0M) | |
Net Income | 9.9M | 10.3M | 11.7M | 13.3M | 12.6M | 8.0M | |
Income Tax Expense | 1.8M | 2.0M | 2.3M | 2.6M | 2.6M | 2.6M | |
Net Income Applicable To Common Shares | 9.9M | 10.3M | 11.7M | 13.3M | 15.3M | 8.4M | |
Net Income From Continuing Ops | 9.9M | 10.3M | 11.7M | 13.3M | 12.9M | 10.3M | |
Selling And Marketing Expenses | 841K | 613K | 826K | 1.4M | 1.0M | 1.0M | |
Tax Provision | 1.8M | 2.0M | 2.3M | 2.6M | 2.4M | 2.0M | |
Net Interest Income | 42.7M | 40.0M | 41.0M | 44.8M | 46.8M | 45.1M | |
Interest Income | 49.9M | 46.2M | 44.7M | 47.6M | 57.6M | 50.8M | |
Reconciled Depreciation | 1.5M | 1.5M | 48K | 35K | 25K | 23.8K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Ohio Valley Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ohio Valley's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ohio Valley Banc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ohio Valley Banc Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ohio Valley Banc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ohio Valley. If investors know Ohio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ohio Valley listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.224 | Dividend Share 0.88 | Earnings Share 2.47 | Revenue Per Share 12.065 | Quarterly Revenue Growth 0.112 |
The market value of Ohio Valley Banc is measured differently than its book value, which is the value of Ohio that is recorded on the company's balance sheet. Investors also form their own opinion of Ohio Valley's value that differs from its market value or its book value, called intrinsic value, which is Ohio Valley's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ohio Valley's market value can be influenced by many factors that don't directly affect Ohio Valley's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ohio Valley's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ohio Valley is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ohio Valley's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.