Oak Valley Bancorp (CA) (OVLY) Issues Quarterly Earnings Results
Oak Valley Bancorp (CA) (NASDAQ:OVLY) issued its earnings results on Wednesday. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The company had revenue of $9.90 million for the quarter. Oak Valley Bancorp (CA) had a return on equity of 11.01% and a net margin of 23.73%.
Oak Valley Bancorp (OVLY) traded down 0.30% during mid-day trading on Thursday, reaching $16.75. The company’s stock had a trading volume of 201 shares. Oak Valley Bancorp has a 12-month low of $10.00 and a 12-month high of $17.49. The company has a market cap of $135.04 million, a PE ratio of 14.58 and a beta of 0.04. The firm’s 50 day moving average is $16.45 and its 200-day moving average is $14.97.
In other Oak Valley Bancorp (CA) news, Director Ronald C. Martin sold 2,500 shares of the stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $15.20, for a total transaction of $38,000.00. Following the transaction, the director now owns 210,197 shares in the company, valued at $3,194,994.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 6,100 shares of company stock worth $93,650 in the last quarter. 16.11% of the stock is currently owned by company 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.
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