OVLY - オ―ク・バレ―・バンコ―プ （Oak Valley Bancorp (CA)）

Oak Valley Bancorp press release (OVLY): Q4 GAAP EPS of $1.15.Revenue of $20.53M (+59.8% Y/Y).

Oak Valley Bancorp: Q4 Earnings Snapshot Idaho Statesman

Oak Valley Bancorp (NASDAQ:OVLY) declares $0.16/share quarterly dividend, 6.7% increase from prior dividend of $0.15.Forward yield 2.63%Payable Jan. 17; for shareholders of record Jan.

OAKDALE, Calif., Jan. 20, 2023 (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, 2022, consolidated net income was $9,475,000 or $1.15 per diluted share (EPS), as compared to $6,800,000, or $0.83 EPS, for the prior quarter and $3,466,000, or $0.42 EPS for the same period a year ago. Consolidated net income for the year ended December 31, 2022, totaled $22,902,000, or $2.79 EPS, representing an increase of 40.2% compared to $16,337,000 or $2.00 EPS for 2021. The increase in QTD and YTD earnings is mainly due to rising net interest income and a loan loss provision reversal of $1,550,000 recorded during the fourth quarter.

Oak Valley Bancorp press release (OVLY): Q3 GAAP EPS of $0.83.Revenue of $18.38M (+25.9% Y/Y).The allowance for loan losses to gross loans was 1.21% at September 30, 2022, compared…

Oak Valley Bancorp press release (OVLY): Q4 GAAP EPS of $1.15.Revenue of $20.53M (+59.8% Y/Y).

Oak Valley Bancorp: Q4 Earnings Snapshot Idaho Statesman

Oak Valley Bancorp (NASDAQ:OVLY) declares $0.16/share quarterly dividend, 6.7% increase from prior dividend of $0.15.Forward yield 2.63%Payable Jan. 17; for shareholders of record Jan.

OAKDALE, Calif., Jan. 20, 2023 (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, 2022, consolidated net income was $9,475,000 or $1.15 per diluted share (EPS), as compared to $6,800,000, or $0.83 EPS, for the prior quarter and $3,466,000, or $0.42 EPS for the same period a year ago. Consolidated net income for the year ended December 31, 2022, totaled $22,902,000, or $2.79 EPS, representing an increase of 40.2% compared to $16,337,000 or $2.00 EPS for 2021. The increase in QTD and YTD earnings is mainly due to rising net interest income and a loan loss provision reversal of $1,550,000 recorded during the fourth quarter.

Oak Valley Bancorp press release (OVLY): Q3 GAAP EPS of $0.83.Revenue of $18.38M (+25.9% Y/Y).The allowance for loan losses to gross loans was 1.21% at September 30, 2022, compared…

Oak Valley Bancorp press release (OVLY): Q3 GAAP EPS of $0.83.Revenue of $18.38M (+25.9% Y/Y).The allowance for loan losses to gross loans was 1.21% at September 30, 2022, compared…

OAKDALE, Calif., Oct. 20, 2022 (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, 2022 consolidated net income was $6,800,000, or $0.83 per diluted share (EPS), compared to $4,258,000, or $0.52 EPS for the prior quarter and $4,554,000, or $0.56 EPS for the same period of 2021. Consolidated net income for the nine months ended September 30, 2022 totaled $13,427,000, or $1.64 EPS, representing an increase of $557,000 or 4.3%, compared to $12,870,000, or $1.57 EPS for the nine months ended September 30, 2021. The year-to-date increase in earnings includes a reduction in Paycheck Protection Program (“PPP”) loan interest and fee income from $7,472,000 in 2021 to $881,000 in 2022.

Oak Valley Bancorp press release (OVLY): Q2 GAAP EPS of $0.52.Revenue of $14.6M (+9.0% Y/Y).

Oak Valley Bancorp (NASDAQ:OVLY) declares $0.15/share quarterly dividend, in line with previous.Forward yield 3.44%Payable Aug. 12; for shareholders of record Aug.

OAKDALE, Calif., July 21, 2022 (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, 2022, consolidated net income was $4,258,000, or $0.52 per diluted share (EPS), as compared to $2,369,000, or $0.29 EPS, for the prior quarter and $3,960,000, or $0.48 EPS, for the same period a year ago. Consolidated net income for the six months ended June 30, 2022 was $6,627,000, or $0.81 EPS, compared to $8,316,000 or $1.02 EPS for the same period of 2021. The increase in second quarter net income compared to the prior quarters was due to an increase in net interest income driven by strong growth in our loan and investment portfolios, combined with higher yields on earning assets. The decrease in year-to-date results is attributable to a reduction in Paycheck Protection Program (“PPP”) loan interest and fee income from $4,793,000 in 2021 to $749,000 in 2022.