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Oak Valley Bancorp  (OVLY)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 

OVLY's Net Income Growth by Quarter and Year

Oak Valley Bancorp's Net Income results by quarter and year




OVLY Net Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 9.48 3.47 4.65
III Quarter September 7.35 6.80 4.55 3.75
II Quarter June 8.40 4.26 3.96 2.58
I Quarter March 9.23 2.37 4.36 2.71
FY   24.98 22.91 16.34 13.69



OVLY Net Income third quarter 2023 Y/Y Growth Comment
Oak Valley Bancorp reported Net Income growth of 8.15% year on year in the third quarter 2023, to $ 7.35 millions, this is lower than Oak Valley Bancorp's recent average Net Income improvement of 23.37%.

Looking into third quarter 2023 results within Regional Banks industry 53 other companies have achieved higher Net Income growth. While Oak Valley Bancorp' s Net Income increase of 8.15% ranks overall at the positon no. 593 in the third quarter 2023.




OVLY Net Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - 173.2 % -25.38 % 45.77 %
III Quarter September 8.15 % 49.45 % 21.33 % 16.1 %
II Quarter June 97.18 % 7.58 % 53.49 % -12.84 %
I Quarter March 289.45 % -45.64 % 60.89 % -12.58 %
FY   - 40.21 % 19.36 % 9.7 %

Financial Statements
Oak Valley Bancorp's third quarter 2023 Net Income $ 7.35 millions OVLY's Income Statement
Oak Valley Bancorp's third quarter 2022 Net Income $ 6.80 millions Quarterly OVLY's Income Statement
New: More OVLY's historic Net Income Growth >>


OVLY Net Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - 39.41 % -23.74 % 24 %
III Quarter September -12.45 % 59.62 % 14.9 % 45.35 %
II Quarter June -8.99 % 79.75 % -9.17 % -4.8 %
I Quarter March -2.64 % -31.7 % -6.24 % -15.05 %
FY (Year on Year)   - 40.21 % 19.36 % 9.7 %




Net Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry #54
Financial Sector #166
Overall #593

Net Income Y/Y Growth Statistics
High Average Low
131.47 % 23.37 % -32.44 %
(Jun 30 2023)   (March 31, 2016)
Net Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry #54
Financial Sector #166
Overall #593
Net Income Y/Y Growth Statistics
High Average Low
131.47 % 23.37 % -32.44 %
(Jun 30 2023)   (March 31, 2016)

Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Oak Valley Bancorp's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
207.33 % 9.53 % -64.45 %
(Mar 31 2016)  


OVLY's III. Quarter Q/Q Net Income Comment
In the III. Quarter 2023 Oak Valley Bancorp realized drop in Net Income sequentially by -12.45% to $ 7.35 millions, from $ 8.40 millions achived in the previous quarter.

Although cyclical circumstance normally fuel III. Quarter 2023 results, it clearly could not be sufficient to recover Oak Valley Bancorp's III. Quarter 2023 outcome, Blake Stewart, Financial sector observer allocated in New York wrote and wrote that average quarter on quarter Net Income growth is at 9.53% for the Regional Banks's company.

Within Regional Banks industry 148 other companies have achieved higher Net Income quarter on quarter growth. While Oak Valley Bancorp's Net Income growth quarter on quarter, overall rank is 1239.


Net Income Q/Q Growth Company Ranking
Within: No.
Regional Banks Industry #149
Financial Sector #434
Overall #1239
Net Income Q/Q Growth Company Ranking
Within: No.
Regional Banks Industry #149
Financial Sector #434
Overall #1239
Net Income Q/Q Growth Statistics
High Average Low
207.33 % 9.53 % -64.45 %
(Mar 31 2016)  


OVLY's III. Quarter Q/Q Net Income Comment
In the III. Quarter 2023 Oak Valley Bancorp disclosed drop in Net Income from the second quarter by -12.45% to $ 7.35 millions, from $ 8.40 millions released a quarter before.

Some seasonal influence that usually energize III. Quarter 2023 results, were not able to rescue the III. Quarter for the Oak Valley Bancorp, Blake Stewart, Financial sector observer allocated in New York said and mentioned that average quarter on quarter Net Income growth is at 9.53% for Oak Valley Bancorp.

Within Regional Banks industry 148 other companies have achieved higher Net Income quarter on quarter growth. While Oak Valley Bancorp's Net Income growth quarter on quarter, overall rank is 1239.


Oak Valley Bancorp's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
Cumulative Net Income 12 Months Ending $ 34.46 $ 33.90 $ 29.76 $ 22.90 $ 16.89
Y / Y Net Income Growth (TTM) 103.98 % 131.47 % 107.39 % 40.18 % -3.58 %
Year on Year Net Income Growth Overall Ranking # 917 # 1214 # 1104 # 732 # 1033
Seqeuential Net Income Change (TTM) 1.63 % 13.93 % 29.94 % 35.57 % 15.33 %
Seq. Net Income Growth (TTM) Overall Ranking # 593 # 1039 # 1205 # 1225 # 489




Cumulative Net Income growth Comment
Assuming the Oak Valley Bancorp's fiscal year would have ended in Sep 30 2023, Oak Valley Bancorp would have reprted above average annual Net Income surge of 103.98% year on year, of $ 34 millions.
This marks a slow-down of the companys growth trends and from the 131.47% surge in Jun 30 2023.

In the Financial sector 280 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 917, from total ranking in previous quarter at 1214.

Net Income TTM Q/Q Growth Statistics
High Average Low
131.47 %
23.37 %
-32.44 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry # 54
Financial Sector # 281
Overall # 917

Net Income TTM Y/Y Growth Statistics
High Average Low
131.47 %
23.37 %
-32.44 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 54
Sector # 166
S&P 500 # 593
Cumulative Net Income growth Comment
Assuming the Oak Valley Bancorp's fiscal year would have ended in Sep 30 2023, Oak Valley Bancorp would have reprted above average annual Net Income surge of 103.98% year on year, of $ 34 millions.
This marks a slow-down of the companys growth trends and from the 131.47% surge in Jun 30 2023.

In the Financial sector 280 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 917, from total ranking in previous quarter at 1214.

Net Income TTM Q/Q Growth Statistics
High Average Low
131.47 %
23.37 %
-32.44 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry # 54
Financial Sector # 281
Overall # 917

Net Income TTM Y/Y Growth Statistics
High Average Low
131.47 %
23.37 %
-32.44 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 54
Sector # 166
S&P 500 # 593




Other Net Income Growth
Regional Banks Industry Net Income Growth Trends and Statistics
Financial Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
OVLY's Net Income Growth Ratio versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for OVLY's Competitors
Net Income Growth for Oak Valley Bancorp's Suppliers
Net Income Growth for OVLY's Customers

You may also want to know
OVLY's Annual Growth Rates OVLY's Profitability Ratios OVLY's Asset Turnover Ratio OVLY's Dividend Growth
OVLY's Roe OVLY's Valuation Ratios OVLY's Financial Strength Ratios OVLY's Dividend Payout Ratio
OVLY's Roa OVLY's Inventory Turnover Ratio OVLY's Growth Rates OVLY's Dividend Comparisons



Companies with similar Net Income surge for the quarter ending Sep 30 2023 within Financial SectorY/Y Change %Net Income for the quarter ending Sep 30 2023
Macatawa Bank Corp13.62%$ 13.619 millions
First Us Bancshares Inc13.60%$ 13.602 millions
Summit Financial Group Inc 13.45%$ 13.446 millions
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Phillips Edison and Company Inc 12.78%$ 12.782 millions
Regions Financial Corporation12.22%$ 12.215 millions
Unitedhealth Group Incorporated12.15%$ 12.147 millions
Aon Plc11.72%$ 11.722 millions
Hamilton Lane Inc11.71%$ 11.715 millions
Brightsphere Investment Group Inc 11.24%$ 11.236 millions
Capstar Financial Holdings Inc 11.02%$ 11.021 millions
Epr Properties10.75%$ 10.750 millions
Republic Bancorp inc 10.72%$ 10.717 millions
Colony Bankcorp Inc 10.51%$ 10.510 millions
Arthur J Gallagher and Co 10.50%$ 10.496 millions
Houlihan Lokey Inc 10.38%$ 10.375 millions
Two Harbors Investment Corp 10.29%$ 10.295 millions
Plumas Bancorp10.27%$ 10.266 millions
Bank Of America Corporation10.17%$ 10.167 millions
Partners Bancorp9.96%$ 9.956 millions
First Ban corp 9.94%$ 9.945 millions
Federated Hermes Inc 9.90%$ 9.903 millions
Umb Financial Corp9.73%$ 9.733 millions
Simon Property Group inc 9.47%$ 9.474 millions
Nmi Holdings Inc 9.26%$ 9.262 millions
Peoples Financial Corp9.21%$ 9.205 millions
Brown and Brown Inc 9.19%$ 9.187 millions
Cme Group Inc 9.01%$ 9.005 millions
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