OVLY Research | Milton Maxwell

OVLY

Oak Valley Bancorp

30.80

+0.20+0.65%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

258.36M

P/E (TTM)

10.85

Basic EPS (TTM)

2.84

Dividend Yield

0.02%

Recent Filings

10-K

FY2025 results

3/25/26Mar 25, 2026

Oak Valley Bancorp grew total assets to $2.02B in FY2025 ended December 31, 2025, up 6.4% y/y, with deposits hitting $1.79B (+5.7%) and net loans $1.13B (+3.3%), led by $50M commercial real estate expansion while commercial/industrial dipped. Net interest income climbed 6.5% to $74.6M, margin edging to 4.13%, fueled by loan yields up 24bps to 5.29% despite Fed cuts; noninterest expense rose 9.3% to $50.3M on staffing for growth. Q4 saw one $4.6M nonperforming CRE loan emerge (0.40% of loans), prompting $805K credit provision after 2024's $1.6M reversal; allowance hit 1.08% of loans. Equity swelled 13% to $208M, no debt or buybacks. Fed rate cuts risk NIM squeeze. CRE concentration threatens quarterly momentum.

8-K

CEO retires June 30

1/27/26Jan 27, 2026

Oak Valley Bancorp announced CEO Christopher M. Courtney's retirement effective June 30, 2026, after leading the bank's growth from $45 million to over $2 billion in assets since 1996. President and COO Richard A. McCarty, 54, with 26 years at the bank, succeeds him seamlessly. Boards stay strong. Transition ensures continuity.

8-K

Q4 earnings with dividend

1/26/26Jan 26, 2026

Oak Valley Bancorp hit $2.02B in assets, reporting Q4 net income of $6.3M ($0.76 EPS), down from prior quarter's $6.7M due to $865K credit loss provision on a non-accrual commercial real estate loan; full-year net income fell 4.1% to $23.9M ($2.88 EPS). Loans grew $37.4M, deposits $97.3M YoY, with NIM steady at 4.14%. Board declared $0.375/share dividend. Credit quality holds.

10-Q

Q3 FY2025 results

11/13/25Nov 13, 2025

Oak Valley Bancorp posted Q3 net income of $6.7M, down 8.6% y/y yet steady on $19.2M net interest income, up 8.7% y/y from loan yield gains while deposit costs eased. Diluted EPS held at $0.81, matching shares. Loans ticked up 0.6% q/q to $1.11B (87% CRE), deposits climbed 4.7% to $1.77B, and cash swelled 46.5% to $247M with operating cash flow at $20.7M. No debt; pristine asset quality persists. Staffing costs rose to support growth. CRE concentrations expose to regional cycles.

8-K

Q3 earnings rise QoQ

10/23/25Oct 23, 2025

Oak Valley Bancorp posted Q3 net income of $6.7M, up from $5.6M last quarter on $19.2M net interest income and 4.16% NIM, yet below $7.3M a year ago without last year's $1.6M credit loss reversal. Assets hit $2.0B, loans $1.11B, deposits $1.77B; NPAs stay zero. New Lodi branch opened October 2.

About

Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides a range of commercial banking services to individuals and small to medium-sized businesses in the Central Valley and the Eastern Sierras. The company's deposits products include checking and savings, money market, health savings, and individual retirement accounts, as well as certificates of deposit. It also provides commercial real estate loans, commercial business lending and trade finance, and small business administration lending, as well as consumer loans, including automobile loans, home mortgages, credit lines, and other personal loans. In addition, the company offers Internet, online, and mobile banking services; automated teller machines; and remote deposit capture, merchant, night depository, extended hours, wire transfer of funds, and note collection services. Oak Valley Bancorp was incorporated in 1990 and is headquartered in Oakdale, California.

CEO

Mr. Christopher M. Courtney

IPO

10/15/2003

Website

https://www.ovcb.com

Employees

237

Sector

Financial Services

Industry

Banks - Regional