Oak Valley Bancorp

OVLY

Market cap $294M

OVLY is aided by strong loan growth, expanding net interest income, solid credit quality, diversified revenue streams, and a robust capital position, supporting sustainable earnings growth.

Oak Valley Bancorp: Higher Provisions Are No Reason For Concern

OAKDALE, Calif., May 08, 2026 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), is pleased to announce the addition of Katie Alves as Vice President, Commercial Banking Officer. She will be based at the Bank's Lodi Branch at 31 South School Street.

Oak Valley Bancorp's Q1 EPS remains flat year over year, supported by higher net interest income, but rising operating expenses and credit provisions weigh on overall profitability.

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.

OAKDALE, Calif., March 27, 2026 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY) has been named one of the 2026 Best Places to Work in the Central Valley, based on employee feedback and independent evaluation conducted by Best Companies Group. At the same time, OVCB was recognized by Opportunity Stanislaus for “Growing the Economy” by increasing their workforce by 10% or more throughout 2025.

OAKDALE, Calif., March 02, 2026 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), is pleased to announce the hiring of Nathan Dellinger as Senior Vice President, Credit Administrator. In this role, he will oversee credit administration functions, support prudent lending practices, and help maintain the Bank's strong credit culture while partnering with lending teams across commercial, small business, and retail banking divisions.

OAKDALE, Calif., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), proudly announces the hiring of Pete Centeno as Vice President, Branch Manager of its Ripon Branch, located at 150 North Wilma Avenue. In this role, Centeno will oversee branch operations, cultivate client relationships, and drive continued growth in the Ripon market. He will work closely with local businesses and residents to deliver personalized financial solutions and reinforce the Bank's commitment to exceptional community banking.

OVLY posts year-over-year growth in Q4 earnings, driven by strong asset growth, while credit loss provisions tempered gains amid stable credit quality and rising deposits.

OAKDALE, Calif., Jan. 26, 2026 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY), the bank holding company for Oak Valley Community Bank and Eastern Sierra Community Bank, announced that Christopher M. Courtney has notified the Boards of his intention to retire as Chief Executive Officer of both entities on June 30, 2026.