On October 21, 2025, Ohio Valley Banc Corp. (Nasdaq: OVBC) made a noteworthy announcement regarding its financial performance and shareholder rewards. The company's Board of Directors declared a cash dividend of $0.23 per common share. This payout will be distributed on November 10, 2025, to those shareholders who are recorded as of October 31, 2025. The declaration is a significant indicator of the strong fiscal health and ongoing success of the company, particularly in a year where the financial landscape for many institutions remains challenging.
Tom Wiseman, the Chairman of the Board at Ohio Valley Banc Corp., expressed optimism about the company's performance this year. In his statement, he highlighted how 2025 has been a standout year for the bank, with expectations that the progress will continue into the upcoming year. He attributed the company's achievements to the hard work and dedication of its bankers, who have successfully managed resources to yield double-digit earnings growth, all while adhering to the company's core mission of benefiting the community it serves through the 'Community First' initiative.
Ohio Valley Banc Corp., which has its headquarters in Gallipolis, Ohio, has a legacy of commitment to local values and community involvement. The company owns The Ohio Valley Bank Company, which operates 17 branches across Ohio and West Virginia. Additionally, it manages Loan Central, Inc., which has six consumer finance offices in Ohio. The diversity of its banking solutions has positioned OVBC as a key player in regional financial services and allows it to contribute positively to the economies of local communities.
The cash dividend is especially timely, as the company aligns its announcements with the holiday season, underscoring its proactive commitment to shareholders. Wiseman remarked, “It’s hard to believe that Christmas is right around the corner,” reflecting a sense of community during the Gallipolis in Lights event, which signifies holiday traditions in the area. This grounding in community spirit sets OVBC apart from many similar financial institutions.
Investors looking for stability and rewarded growth may find Ohio Valley Banc Corp. an attractive option given its consistent track record of performance, as evidenced by its latest financial strategies. The robust dividend payment assures investors of the company’s commitment to shareholders, even as they navigate the broader economic challenges.
For additional information about Ohio Valley Banc Corp., including updates on their services and future initiatives, interested parties can visit their official website at
www.ovbc.com. The company's proactive approach in communicating with stakeholders reflects its transparency and desire to maintain a close relationship with its community and investors.
In conclusion, the declared cash dividend is more than just a financial statement; it is a hallmark of Ohio Valley Banc Corp.’s dedication to growth, community engagement, and shareholder value. As they look ahead to 2026 and beyond, stakeholders can expect continued commitment to the enduring principles that have defined the bank’s operations.