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Ohio Valley Banc (Ohio Valley Banc) Retained Earnings : $116.61 Mil (As of Mar. 2024)


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What is Ohio Valley Banc Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ohio Valley Banc's retained earnings for the quarter that ended in Mar. 2024 was $116.61 Mil.

Ohio Valley Banc's quarterly retained earnings increased from Sep. 2023 ($112.70 Mil) to Dec. 2023 ($114.87 Mil) and increased from Dec. 2023 ($114.87 Mil) to Mar. 2024 ($116.61 Mil).

Ohio Valley Banc's annual retained earnings increased from Dec. 2021 ($100.70 Mil) to Dec. 2022 ($109.32 Mil) and increased from Dec. 2022 ($109.32 Mil) to Dec. 2023 ($114.87 Mil).


Ohio Valley Banc Retained Earnings Historical Data

The historical data trend for Ohio Valley Banc's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ohio Valley Banc Retained Earnings Chart

Ohio Valley Banc Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.75 92.99 100.70 109.32 114.87

Ohio Valley Banc Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 110.02 111.50 112.70 114.87 116.61

Ohio Valley Banc Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Ohio Valley Banc  (NAS:OVBC) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Ohio Valley Banc (Ohio Valley Banc) Business Description

Traded in Other Exchanges
N/A
Address
420 Third Avenue, PO Box 240, Gallipolis, OH, USA, 45631
Ohio Valley Banc Corporation is a financial holding company. The bank is a full-service financial institution offering a blend of commercial and consumer banking services within Southeastern Ohio as well as western West Virginia. The banking services offered by the bank include the acceptance of deposits in checking, savings, time and money market accounts; the making and servicing of personal, commercial, and student loans; and the making of construction and real estate loans. It also offers individual retirement accounts, safe deposit boxes, wire transfers and other standard banking products and services. The bank segmented its operating activities into two reportable segments, Banking and Consumer Finance. The majority of its total revenue is derived from the Banking segment.
Executives
Edward Bryant Roberts director 420 THIRD AVENUE, PO BOX 240, GALLIPOLIS OH 45631
Bryan F Stepp officer: SVP and CCO 420 THIRD AVENUE, P O BOX 240, GALLIPOLIS OH 45631-0240
Anna P Barnitz director P.O. BOX 240, 420 3RD AVE., GALLIPOLIS OH 45631-0240
Edward Allen Bell other: Not a reporting person 5521 OHIO RIVER ROAD, POINT PLEASANT WV 25550
Ryan Joseph Jones officer: RISK OFFICER/COO 420 THIRD AVENUE, GALLIPOLIS OH 45631
Brent A Saunders director P.O. BOX 240, 420 3RD AVE., GALLIPOLIS OH 45631-0240
Kevin Ryan Smith director 420 THIRD AVENUE, P.O. BOX 240, GALLIPOLIS OH 45631
David W Thomas director 1204 BROKEN BOW CT, WESTERVILLE OH 43081-3262
Katrinka V Hart officer: Vice President of OVBC P.O. BOX 240, 420 3RD AVE., GALLIPOLIS OH 45631-0240
Edward J Robbins director 420 THIRD AVENUE P O BOX 240, GALLIPOLIS OH 45631
Thomas E Wiseman director P.O. BOX 240, 420 3RD AVE., GALLIPOLIS OH 45631-0240
Kimberly A Canady director 420 THIRD AVENUE P O BOX 240, GALLIPOLIS OH 45631
Jeffrey E Smith director, officer: President and CEO of OVBC P.O. BOX 240, 420 3RD AVE., GALLIPOLIS OH 45631-0240
John G Jones director 420 THIRD AVENUE, P O BOX 240, GALLIPOLIS OH 45631
Harold A Howe director, officer: Vice President of OVBC P.O. BOX 240, 420 3RD AVE., GALLIPOLIS OH 45631-0240

Ohio Valley Banc (Ohio Valley Banc) Headlines

From GuruFocus

Ohio Valley Banc Corp. Announces Stock Buyback Program

By PRNewswire PRNewswire 07-23-2021

OVBC ANNOUNCES CASH DIVIDEND

By PRNewswire 07-18-2023

OVBC Announces Cash Dividend

By PRNewswire PRNewswire 04-21-2021

OVBC Announces Cash Dividend

By PRNewswire PRNewswire 10-22-2020

OVBC announces new CEO, special dividend

By PRNewswire PRNewswire 06-28-2022

OVBC ANNOUNCES SPECIAL CASH DIVIDEND

By PRNewswire PRNewswire 05-17-2023

Ed Roberts Joins OVBC & OVB Boards

By PRNewswire PRNewswire 08-18-2021

OVBC announces new CEO, special dividend

By PRNewswire PRNewswire 05-29-2022

OVBC Announces Cash Dividend

By PRNewswire PRNewswire 07-21-2021