Ohio Valley Banc Corp. Graces the Prestigious Russell 3000 Index

Ohio Valley Banc Corp. Graces the Prestigious Russell 3000 Index



On June 30, 2025, Ohio Valley Banc Corp. [Nasdaq: OVBC] proudly joined the esteemed ranks of the Russell 3000® Index. This inclusion, effective immediately as the US market opened, signifies a remarkable accomplishment for the company, which is rooted in Gallipolis, Ohio.

The Russell 3000 Index serves as a comprehensive benchmark of the largest U.S. publicly traded companies, capturing the top 4,000 stocks based on market capitalization as of April 30 each year. The annual reconstitution of the index is pivotal as it ensures an accurate reflection of the dynamic U.S. stock market landscape. The recognition by the Russell Index is not merely symbolic; it positions Ohio Valley Banc within the broader framework of both the Russell 2000® Index and relevant growth and value style indexes.

FTSE Russell, the organization behind these indices, utilizes objective market-capitalization rankings and style attributes to select member companies. This rigorous process is crucial as it upholds the integrity of the index, further enhancing its role as a reliable benchmark for investment managers and institutional investors, who collectively manage over $10.6 trillion in assets indexed against the Russell U.S. indexes. The inclusion of Ohio Valley Banc not only elevates its profile among investors but also solidifies its standing within the financial services sector.

Fiona Bassett, CEO of FTSE Russell, noted that the Russell indexes have continuously adapted to the evolving U.S. economy, highlighting the importance of recalibrating these indexes to accurately represent market dynamics. Starting in 2026, a shift to a semi-annual reconstitution will further enhance the relevance and reliability of these indices.

For Ohio Valley Banc Corp., this achievement marks a significant milestone in its growth trajectory. The company operates The Ohio Valley Bank Company, boasting 17 branches across Ohio and West Virginia, along with Loan Central, Inc., which has six consumer finance offices in Ohio. The expansion into the Russell 3000 Index symbolizes shareholder confidence and offers promising avenues for future growth and investment.

Investors and stakeholders are encouraged to engage with Ohio Valley Banc Corp. at www.ovbc.com/shareholder for the latest updates and announcements related to their expanding portfolio.

In summary, joining the Russell 3000 Index is a testament to Ohio Valley Banc Corp.’s steadfast commitment to growth and excellence within the competitive banking landscape. With this recognition, the company looks forward to continuing its mission of providing exemplary financial services to its communities.

Topics Financial Services & Investing)

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