Oak Valley Bancorp (CA) (OVLY) Announces Quarterly Earnings Results

Oak Valley Bancorp (CA) (NASDAQ:OVLY) released its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.31 earnings per share for the quarter, Bloomberg Earnings reports. Oak Valley Bancorp (CA) had a net margin of 23.73% and a return on equity of 11.58%. The business had revenue of $9.90 million during the quarter.

Shares of Oak Valley Bancorp (NASDAQ:OVLY) traded up 0.000% during trading on Friday, reaching $17.049. The company had a trading volume of 113 shares. Oak Valley Bancorp has a 12 month low of $10.00 and a 12 month high of $17.49. The stock has a 50 day moving average price of $16.59 and a 200 day moving average price of $15.06. The firm has a market capitalization of $137.45 million, a PE ratio of 14.838 and a beta of 0.04.

In related news, Director Ronald C. Martin sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $15.20, for a total value of $38,000.00. Following the transaction, the director now owns 210,197 shares in the company, valued at $3,194,994.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders sold 5,100 shares of company stock worth $78,280 in the last 90 days. 16.11% of the stock is currently owned by insiders.

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About Oak Valley Bancorp (CA)

Oak Valley Bancorp is a bank holding company. The Company operates through its subsidiary, Oak Valley Community Bank (the Bank). The Bank operates in two primary business segments: Retail Banking and Commercial Banking. The Retail Banking segment offers a range of checking and savings accounts, including Negotiable Order of Withdrawal accounts, money market accounts, overdraft protection, health savings accounts, certificates of deposit and Individual Retirement Accounts.

Earnings History for Oak Valley Bancorp (CA) (NASDAQ:OVLY)

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