OVLY

Shares of Oak Valley Bancorp OVLY have declined 2.5% since the company reported its earnings for the quarter ended March 31, 2026, underperforming the S&P 500 index’s 1.5% growth over the same period. Over the past month, the stock has gained 5.2%, also lagging the broader market’s 13.5% increase. Oak Valley Bancorp reported first-quarter 2026 net income of 64 cents per share, which remained flat year over year. Net interest income rose to $18.8 million from $17.8 million a year earlier, reflecting a 5.7% increase driven by growth in earning assets. Non-interest income also improved to $2 million from $1.6 million last year, aided by a special dividend. Offsetting these gains, non-interest expenses climbed to $13.5 million from $12.6 million, an increase of about 7%, pressuring overall profitability. Oak Valley Bancorp reported net income of $5.31 million, essentially flat compared with $5.30 million. Oak Valley Bancorp price-consensus-eps-surprise-chart | Oak Valley Bancorp Quote The company continued to expand its balance sheet on a year-over-year basis, though some metrics softened sequentially. Total assets stood at $2 billion at March 31, 2026, up $85.9 million from a year earlier. Gross loans increased to $1.2 billion, reflecting a $56.5 million rise from March 31, 2025, while deposits grew by $67.4 million to $1.8 billion over the same period. Profitability ratios showed modest compression. Return on average assets was 1.07%, down from 1.13% a year ago, while return on average common equity declined to 10.23% from 11.58%. Net interest margin improved slightly year over year to 4.12% from 4.09%. The efficiency ratio rose to 62.99% from 63.00% a year earlier. Credit quality metrics weakened compared to a year ago but remained stable sequentially. Non-performing assets totaled $4.6 million, or 0.23% of total assets, compared to zero a year earlier, primarily due to a single collateral-dependent loan placed on non-accrual status in late 2025. The allowance for credit losses increased to 1.13% of gross loans from 1.05% a year earlier, reflecting a more conservative stance amid evolving macroeconomic conditions. The company recorded a provision for credit losses of $0.5 million in the quarter compared to no provision in the year-ago period, driven by adjustments in its CECL model and credit risk factors. Management indicated that reserves remain at acceptab...

OAKDALE, Calif. (AP) — OAKDALE, Calif. (AP) — Oak Valley Bancorp (OVLY) on Wednesday reported net income of $5.3 million in its first quarter. The Oakdale, California-based bank said it had earnings of 64 cents per share. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OVLY at https://www.zacks.com/ap/OVLY

OAKDALE, Calif., April 22, 2026 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results for the first quarter of 2026. For the three months ended March 31, 2026, consolidated net income was $5,309,000, or $0.64 per diluted share (EPS). This compares to consolidated net income of $6,335,000, or $0.77 EPS, for the prior quarter and $5,297,000, or $0.64 EPS, for the same period a year ago. The net income decrease compared to the prior period was primarily due to an increase in operating expenses and a decrease in net interest income. The net income increase compared to the prior year was due to an increase in net interest income driven by earning asset growth. Net interest income for the three months ended March 31, 2026 was $18,824,000, compared to $19,457,000 in the prior quarter, and $17,807,000 in the same period a year ago. The decrease from the prior quarter is due to lower yields on cash balances, lower average earning assets, a slight increase in the interest rate paid on deposit accounts and two less days of interest accruals, while the year-over-year increase is due to growth in earning assets and loan yields. As a result, net interest margin for the three months ended March 31, 2026 was 4.12%, compared to 4.14% for the prior quarter and 4.09% for the same period last year. Non-interest income was $1,952,000 for the quarter ended March 31, 2026, compared to $1,825,000 for the prior quarter and $1,613,000 for the same period last year. The increase compared to prior periods was mainly due to a special dividend of $181,000 received from the Federal Home Loan Bank. Non-interest expense totaled $13,506,000 for the quarter ended March 31, 2026, compared to $12,262,000 in the previous quarter and $12,624,000 in the same quarter a year ago. The increase in non-interest expense corresponds primarily to staffing expenses and general operating costs related to servicing the growing loan and deposit portfolios. Total assets were $2.01 billion at March 31, 2026, a decrease of $12.8 million and an increase of $85.9 million from December 31, 2025 and March 31, 2025, respectively. Gross loans were $1.15 billion at March 31, 2026, an increase of $3.5 million and $56.5 million over December 3...

Shares of Oak Valley Bancorp OVLY have declined 2.7% since the company reported its earnings for the quarter ended Dec. 31, 2025. This compares to the S&P 500 index’s 0.9% growth over the same time frame. Over the past month, the stock has gained 5.5% compared with the S&P 500’s 1.4% increase. For the fourth quarter of 2025, Oak Valley Bancorp reported net income of 76 cents per share, which marks an increase from 73 cents per share in the same quarter last year, a 4.1% year-over-year improvement. Total net interest income for the quarter reached $19.5 million, up 9% year over year. Consolidated net income of $6.3 million reflected an increase from $6 million in the same quarter last year. Full-year 2025 net income was $23.9 million, or $2.88 per share, reflecting a decline from $25 million, or $3.02 per share, in 2024. Annual net interest income rose 6.5% to $74.6 million, supported by growth in average earning assets and stable interest expense. Oak Valley Bancorp price-consensus-eps-surprise-chart | Oak Valley Bancorp Quote Oak Valley’s net interest margin (NIM) for the fourth quarter was 4.14%, up from 4.00% in the year-ago quarter. Both quarterly and annual NIM figures represent an improvement over 2024 due to higher loan yields and a reduction in funding costs. Non-interest income rose to $1.8 million in the quarter, a 27.6% increase from $1.4 million a year earlier. The quarterly year-over-year growth was fueled by higher investment advisory fees, service charges, and unrealized gains on equity securities. The annual figure also benefited from life insurance policy redemptions earlier in 2025. On the expense side, non-interest expense grew 6.2% year over year to $12.3 million. Annual non-interest expense climbed 9.3% to $50.3 million, driven by higher staffing costs, board fees, and general operational expenses tied to servicing expanding loan and deposit portfolios. CEO Chris Courtney characterized the quarter as one of continued operational strength. He highlighted the company’s milestone of surpassing $2 billion in total assets, attributing the achievement to consistent growth, sound financial performance and strong client relationships. The bank’s efficiency ratio improved to 55.9% in the fourth quarter from 58.1% a year ago, reflecting better operational leverage. For the full year, the efficiency ratio ticked up slightly to 59.7% from 58.2%, a c...

OAKDALE, Calif., Jan. 23, 2026 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results. For the three months ended December 31, 2025, consolidated net income was $6,335,000 or $0.76 per diluted share (EPS), as compared to $6,693,000, or $0.81 EPS, for the prior quarter and 6,008,000, or $0.73 EPS for the same period a year ago. Consolidated net income for the year ended December 31, 2025, totaled $23,913,000, or $2.88 EPS, representing a decrease of 4.1% compared to 24,948,000, or $3.02 EPS for 2024. The decrease in QTD earnings compared to the prior quarter is due to a provision for credit losses of $865,000 recorded during the quarter, related to a collateral-dependent loan that was placed on non-accrual status as of year-end. The QTD increase over the same period a year ago is due to earning asset growth of $95.3 million and the corresponding net interest income expansion. “We are pleased to report another strong operational performance. Our sustained growth and solid financial results have enabled us to reach the milestone of $2 billion in total assets and reflect the dedication of our team and our steadfast focus on building lasting relationships with our clients,” said Chris Courtney, Chief Executive Officer. Net interest income was $19,457,000 and $74,615,000 for the fourth quarter and year ended December 31, 2025, respectively, compared to $19,197,000 during the prior quarter, $17,846,000 for the fourth quarter of 2024, and $70,034,000 for the year ended December 31, 2024. The QTD increase compared to prior quarter is due to growth of $38.3 million in average earning assets. The QTD and YTD increases over 2024 are due to growth in average earning assets of $95.3 million and $85.9 million, respectively. Interest expense has stabilized as evidenced by the average cost of funds of 0.76% in 2025, compared to 0.78% in 2024. Net interest margin was 4.14%(1) and 4.13%(3) for the fourth quarter and year ended December 31, 2025, respectively, as compared to 4.16%(1) for the prior quarter, 4.00%(1) for the fourth quarter of 2024, and 4.07%(3) for the year ended December 31, 2024. The fourth quarter interest margin decrease compared to the prior quarter is due to the three federal fund...

OAKDALE, Calif. (AP) — OAKDALE, Calif. (AP) — Oak Valley Bancorp (OVLY) on Friday reported net income of $6.3 million in its fourth quarter. The Oakdale, California-based bank said it had earnings of 76 cents per share. For the year, the company reported profit of $23.9 million, or $2.88 per share. Revenue was reported as $81.7 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OVLY at https://www.zacks.com/ap/OVLY

Shares of Oak Valley Bancorp OVLY have gained 5.7% since the company reported its earnings for the quarter ended Sept. 30, 2025. This compares to the S&P 500 index’s 1% growth over the same time frame. Over the past month, the stock has declined 2.8% compared with the S&P 500’s 2.2% growth. For the third quarter of 2025, Oak Valley reported net income of 81 cents per share, down from 89 cents per share in the same period of 2024. The bottom line dropped approximately 9% year over year, primarily due to higher operating expenses and the absence of a $1.6 million credit loss reversal that boosted third-quarter 2024 earnings. Net interest income rose to $19.2 million from $17.7 million a year earlier. The 8.7% year-over-year increase in net interest income was driven by asset growth and improved loan yields. Net income of $6.7 million reflected a year-over-year decline from $7.3 million in the same period of 2024. Oak Valley Bancorp price-consensus-eps-surprise-chart | Oak Valley Bancorp Quote Oak Valley's non-interest income climbed to $2 million in the third quarter compared to $1.9 million in the prior-year period. This uptick was attributed to a one-time life insurance policy redemption gain, alongside higher investment advisory fees and increased service charges on deposit accounts. Non-interest expenses of $12.7 million rose 12.2% from $11.3 million in the year-ago quarter. The increase was linked to higher staffing and operating costs incurred to support growth in the loan and deposit books. Return on average assets for the quarter was 1.4%, down from 1.6% a year earlier, while return on average common equity fell to 14.3% from 16.5%. The bank’s net interest margin (NIM) improved slightly to 4.16% in the quarter, up from 4.04% a year ago. The efficiency ratio improved to 58.3% from 56.4% posted in the prior-year quarter. CEO Chris Courtney emphasized the bank’s commitment to growth and operational execution. He highlighted the recent opening of a full-service branch in Lodi, the company’s 19th location, as a reflection of its strategic expansion efforts. He also noted that the bank continues to maintain excellent asset quality and strong customer relationships. Courtney's commentary underscored Oak Valley’s focus on measured expansion and customer-centric operations, even amid rising operational expenses. The hiring of six new full-time employees in the...

OAKDALE, Calif. (AP) — OAKDALE, Calif. (AP) — Oak Valley Bancorp (OVLY) on Wednesday reported net income of $6.7 million in its third quarter. The bank, based in Oakdale, California, said it had earnings of 81 cents per share. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OVLY at https://www.zacks.com/ap/OVLY

OAKDALE, Calif., Oct. 22, 2025 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results. For the three months ended September 30, 2025, consolidated net income was $6,693,000, or $0.81 per diluted share (EPS), as compared to $5,588,000, or $0.67 EPS, for the prior quarter and $7,324,000, or $0.89 EPS, for the same period a year ago. Consolidated net income for the nine months ended September 30, 2025 was $17,578,000, or $2.12 EPS, compared to $18,940,000 or $2.30 EPS for the same period of 2024. The increase in third quarter net income compared to the prior quarter was due to earning asset growth, an increase in the yield of the loan portfolio, and the corresponding increase to net interest income. The QTD and YTD decreases compared to the same periods of 2024 are primarily due to a reversal of allowance for credit losses of $1,620,000 recorded in the third quarter of 2024 that was related to loan recoveries, and an increase in general operating expenses. Net interest income for the three months ended September 30, 2025 was $19,197,000, compared to $18,154,000 in the prior quarter, and $17,655,000 in the same period a year ago. The increase in net interest income over the prior periods is attributed to average earning asset growth, rising loan yields, and a slight decrease in average cost of funds. Net interest margin for the three months ended September 30, 2025 was 4.16% (1), compared to 4.11% (1) for the prior quarter and 4.04% (1) for the same period last year. Non-interest income was $1,973,000 for the quarter ended September 30, 2025, compared to $1,703,000 for the prior quarter and $1,846,000 for the same period last year. The increases compared to prior periods was mainly due to a one-time gain from a life insurance policy redemption, combined with increased production from our investment advisory service and related fee income, and increased service charge income on deposit accounts. Non-interest expense totaled $12,700,000 for the quarter ended September 30, 2025, compared to $12,688,000 in the prior quarter and $11,324,000 in the same quarter a year ago. Compared to the prior quarter, non-interest expense was essentially flat. The third quarter increase compared to the sam...

Explore Oak Valley Bancorp's Fair Values from the Community and select yours Revenue: US$19.9m (up 4.2% from 2Q 2024). Net income: US$5.59m (down 5.1% from 2Q 2024). Profit margin: 28% (down from 31% in 2Q 2024). The decrease in margin was driven by higher expenses. EPS: US$0.68 (down from US$0.72 in 2Q 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Oak Valley Bancorp shares are up 5.1% from a week ago. While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Oak Valley Bancorp's balance sheet health. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

OAKDALE, Calif. (AP) — OAKDALE, Calif. (AP) — Oak Valley Bancorp (OVLY) on Friday reported net income of $5.6 million in its second quarter. The bank, based in Oakdale, California, said it had earnings of 67 cents per share. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OVLY at https://www.zacks.com/ap/OVLY

OAKDALE, Calif., July 18, 2025 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results. For the three months ended June 30, 2025, consolidated net income was $5,588,000, or $0.67 per diluted share (EPS), as compared to $5,297,000, or $0.64 EPS, for the prior quarter and $5,889,000, or $0.71 EPS, for the same period a year ago. Consolidated net income for the six months ended June 30, 2025 was $10,885,000, or $1.31 EPS, compared to $11,616,000 or $1.41 EPS for the same period of 2024. The increase in second quarter net income compared to the prior quarter was the result of loan growth, a rise in the yield of the loan portfolio, and the corresponding increase in interest income. The QTD and YTD decreases compared to the same periods of 2024 were related to an increase in deposit interest expense and general operating expenses. Net interest income for the three-months ended June 30, 2025 was $18,154,000, compared to $17,807,000 in the prior quarter, and $17,292,000 in the same period a year ago. The increase in net interest income over the prior periods is attributed to an increase in average earning asset balances and loan yields. Gross loans grew by $18,903,000 and $39,820,000 during the second quarter and prior twelve months, respectively, while loans yields continue to trend upward. The cost of funds increased throughout 2024, but began to decline during the first six months of 2025, ending at 0.77% during the second quarter of 2025, as compared to 0.79% for the prior quarter, and 0.73% for the same period of 2024. Net interest margin for the three months ended June 30, 2025 was 4.11%, compared to 4.09% for the prior quarter and 4.11% for the same period last year. "Our solid earnings results reflect our steady and cautious approach to managing our business. The increase in net interest income due to loan growth and stable interest margins demonstrates our ability to navigate changing market conditions. Our commitment to relationship-based deposit growth remains strong, enabling us to maintain a competitive lending strategy and manage profitability,” stated Rick McCarty, President and Chief Operating Officer. Non-interest income was $1,703,000 for the three-months ended June 30, 20...