Oak Valley Bancorp (NASDAQ:OVLY) Issues Earnings Results

Oak Valley Bancorp (NASDAQ:OVLY) released its quarterly earnings data on Tuesday. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $20.78 million during the quarter. Oak Valley Bancorp had a net margin of 25.16% and a return on equity of 12.12%.

Oak Valley Bancorp Stock Performance

Shares of NASDAQ OVLY opened at $33.01 on Wednesday. Oak Valley Bancorp has a 52-week low of $24.50 and a 52-week high of $35.47. The firm has a 50 day moving average price of $33.00 and a two-hundred day moving average price of $31.21. The stock has a market cap of $277.71 million, a P/E ratio of 11.46 and a beta of 0.21.

Institutional Investors Weigh In On Oak Valley Bancorp

A number of institutional investors have recently modified their holdings of OVLY. Kestra Advisory Services LLC bought a new stake in shares of Oak Valley Bancorp in the 4th quarter valued at $42,000. BNP Paribas Financial Markets boosted its stake in shares of Oak Valley Bancorp by 123.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,708 shares of the financial services provider’s stock valued at $76,000 after purchasing an additional 1,496 shares during the last quarter. CWM LLC boosted its stake in shares of Oak Valley Bancorp by 43.9% in the 3rd quarter. CWM LLC now owns 3,280 shares of the financial services provider’s stock valued at $92,000 after purchasing an additional 1,001 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Oak Valley Bancorp by 23.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,997 shares of the financial services provider’s stock valued at $169,000 after purchasing an additional 1,145 shares during the last quarter. Finally, LSV Asset Management boosted its stake in shares of Oak Valley Bancorp by 147.7% in the 3rd quarter. LSV Asset Management now owns 7,224 shares of the financial services provider’s stock valued at $204,000 after purchasing an additional 4,307 shares during the last quarter. 30.86% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of Oak Valley Bancorp in a research report on Friday, April 10th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

About Oak Valley Bancorp

Oak Valley Bancorp is the bank holding company for Oak Valley Community Bank, a California-chartered commercial bank headquartered in Lodi, California. Through its subsidiary, the company offers a full suite of banking services tailored to individuals, businesses, agricultural enterprises and nonprofit organizations. Its product portfolio includes checking and savings accounts, money market instruments, certificates of deposit and individual retirement accounts, alongside digital banking tools such as mobile and online banking platforms.

On the lending side, Oak Valley Bancorp provides commercial real estate and construction loans, agricultural and farm real estate financing, equipment leases, SBA-initiated programs and lines of credit.