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Oak Valley Bancorp (OVLY) |
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Price: $23.5300
$0.44 
1.906%
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| Day's High:
| $23.775
| Week Perf:
| 0.99 %
|
| Day's Low: |
$ 23.20 |
30 Day Perf: |
-1.96 % |
| Volume (M): |
29 |
52 Wk High: |
$ 28.00 |
| Volume (M$): |
$ 678 |
52 Wk Avg: |
$21.33 |
| Open: |
$23.27 |
52 Wk Low: |
$16.52 |
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| Market Capitalization (Millions $) |
194 |
| Shares
Outstanding (Millions) |
8 |
| Employees |
167 |
| Revenues (TTM) (Millions $) |
77 |
| Net Income (TTM) (Millions $) |
30 |
| Cash Flow (TTM) (Millions $) |
-280 |
| Capital Exp. (TTM) (Millions $) |
1 |
Oak Valley Bancorp
Oak Valley Bancorp. Oak Valley Bancorp was incorporated on April 1, 2008 in
California for the purpose of becoming Oak Valley Community Bank’s parent
bank holding company. Effective July 3, 2008, Oak Valley Bancorp acquired all
of the outstanding capital stock of Oak Valley Community Bank (the “Bank”).
The principal office of Oak Valley Bancorp is located at 125 North Third Avenue,
Oakdale, California 95361 and its principal telephone is (209) 848-2265.
The Company is authorized to issue 50,000,000 shares of common stock, without
par value, of which 8,078,155 are issued and outstanding at December 31, 2015,
and 10,000,000 shares of preferred stock, without par value, of which no shares
are issued and outstanding.
The Company is the holding company of the Bank, and its only assets are the
outstanding capital stock of the Bank, which the Company wholly owns, cash and
income tax benefits receivable classified as other assets.
Oak Valley Community Bank. The Bank commenced operations in May 1991. The Bank
is an insured bank under the Federal Deposit Insurance Act and is a member of
the Federal Reserve. The Bank is subject to regulation, supervision and regular
examination by the California Department of Business Oversight (DBO), the Federal
Deposit Insurance Commission (FDIC) and the Federal Reserve Board (FRB). Since
its formation, the Bank has provided basic banking services to individuals and
business enterprises in Oakdale, California and the surrounding areas. The focus
of the Bank is to offer a range of commercial banking services designed for
both individuals and small to medium-sized businesses in the two main areas
of service of the Bank: the Central Valley and the Eastern Sierras.
The Bank offers a complement of business checking and savings accounts for its
business customers. The Bank also offers commercial and real estate loans, as
well as lines of credit. Real estate loans are generally of a short-term nature
for both residential and commercial lending purposes. Longer-term real estate
loans are generally made with adjustable interest rates and contain customary
provisions for acceleration. Traditional residential mortgages are available
to Bank customers through a third party.
The Bank offers other services for both individuals and businesses including
online banking, remote deposit capture, mobile banking, merchant services, night
depository, extended hours, wire transfer of funds, note collection, and automated
teller machines in a national network. The Bank does not currently offer international
banking or trust services although the Bank may make such services available
to the Bank’s customers through financial institutions with which the
Bank has correspondent banking relationships. The Bank does not offer stock
transfer services nor does it directly issue credit cards.
The Bank operates in two primary lines of business: Retail Banking and Commercial
Banking, as described in additional detail below. These business lines do not
meet the quantitative thresholds for reporting as separate segments and are
therefore considered one segment for financial reporting purposes.
Company Address: 125 N. Third Ave. Oakdale 95361 CA
Company Phone Number: 848-2265 Stock Exchange / Ticker: NASDAQ OVLY
| OVLY is expected to report next financial results on August 11, 2023. |
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Customers Net Income fell by |
OVLY's Customers Net Profit Margin fell to |
-57.07 % |
9.9 %
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| Stock Performances by Major Competitors |
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Bm Technologies Inc
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Quaint Oak Bancorp Inc
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The company's revenue also experienced an extensive decline of -19.509% to $8.30 million from $10.31 million in the comparable financial reporting period a year before. Sequentially, revenue decreased by -5.716% from $8.80 million. The company's net income of $0.449 million in the first quarter of 2023 fell by -86.24% from $3.264 million in the corresponding period a year before.
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Texas Community Bancshares Inc
Texas Community Bancshares Inc, a banking company operating in the state of Texas, seems to be headed towards a rough patch. The company has recently reported a sharp decline in its revenue and earnings per share, coupled with a net deficit of over $1 million. These alarming figures are a cause for concern among stakeholders and investors, who have every reason to question the company's long-term sustainability.
The financial span ending March 31, 2023, saw Texas Community Bancshares Inc record a dismal $0.33 deficit per share, as opposed to $0.13 per share in the previous year. This represents a significant loss making trend and highlights the company's inability to generate profits for its shareholders. The earnings per share, which stood at $0.13 in the preceding financial reporting period, nosedived to a negative figure this year, posing a threat to shareholder value and confidence.
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Embassy Bancorp Inc
Despite a slight increase in revenue of 0.393%, Embassy Bancorp Inc was unable to prevent a reduction in income of -10.71%, as reported in the fiscal span ending March 31, 2023. However, this should not be seen as a sign of weakness, but rather an opportunity for investors to take advantage of the company's current position.
Despite the decrease in income, Embassy Bancorp Inc remains a strong player in the industry, with revenue at $11.51 million and EPS at $0.50. While these numbers pale in comparison to the previous reporting season, it is important to remember that the whole industry was hit hard by the pandemic, and most companies are still struggling to recover from the economic downturn.
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Provident Bancorp Inc
The financial first quarter of 2023 has been a rough period for Provident Bancorp Inc, with both their top and bottom-line experiencing a significant decline. The company's income per share plunged by -59.38%, while revenue also decreased by -16.585% year on year. Revenue was at $15.98 million, compared to $19.16 million in the corresponding period a year before. Earnings per share saw a considerable drop from $0.32 to $0.13 in Q1 2023.
The company has also witnessed a decline from the preceding fiscal period, where income fell by -20.49% from $0.16 per share, and revenue slumped by -26.181% from $21.65 million. Net earnings in the financial first quarter of 2023 experienced a quite significant drop by -61.94% from $5.525 million in the year before.
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| Per Share |
Current |
| Earnings (TTM) |
3.61 $ |
| Revenues (TTM) |
9.29 $
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| Cash Flow (TTM) |
- |
| Cash |
111.93 $
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| Book Value |
17.18 $
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| Dividend (TTM) |
0.31 $ |
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| Per Share |
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| Earnings (TTM) |
3.61 $
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| Revenues (TTM) |
9.29 $ |
| Cash Flow (TTM) |
- |
| Cash |
111.93 $
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| Book Value |
17.18 $ |
| Dividend (TTM) |
0.31 $ |
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4.97% 