NasdaqCM:OVLY

Stock Analysis Report

Executive Summary

Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides banking products and services to individuals and small and medium sized businesses in Oakdale, California, and surrounding areas.

Snowflake

Fundamentals

Flawless balance sheet with acceptable track record.

Risks

  • Oak Valley Bancorp is not covered by any analysts.

Similar Companies

Share Price & News

How has Oak Valley Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.4%

NasdaqCM:OVLY

2.4%

US Banks

2.9%

US Market


1 Year Return

-15.2%

NasdaqCM:OVLY

-14.8%

US Banks

0.2%

US Market

OVLY matched the Banks industry (-15.3%) over the past year.

OVLY underperformed the Market in United States of America which returned -0.7% over the past year.


Share holder returns

OVLYIndustryMarket
7 Day-0.4%2.4%2.9%
30 Day-7.9%-6.3%-2.3%
90 Day-5.2%-2.1%3.1%
1 Year-14.0%-15.2%-12.4%-14.8%2.4%0.2%
3 Year87.1%79.2%41.7%32.0%41.7%32.4%
5 Year93.9%77.4%52.2%35.7%55.1%37.9%

Price Volatility Vs. Market

How volatile is Oak Valley Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Oak Valley Bancorp undervalued based on future cash flows and its price relative to the stock market?

0.555%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Oak Valley Bancorp's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Oak Valley Bancorp's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Oak Valley Bancorp is good value based on earnings compared to the US Banks industry average.

Oak Valley Bancorp is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Oak Valley Bancorp, we can't assess if its growth is good value.


Price Based on Value of Assets

Oak Valley Bancorp is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Oak Valley Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Oak Valley Bancorp is high growth as no revenue estimate data is available.

Oak Valley Bancorp's earnings are expected to grow by 3.2% yearly, however this is not considered high growth (20% yearly).

Unable to compare Oak Valley Bancorp's revenue growth to the United States of America market average as no estimate data is available.

Oak Valley Bancorp's earnings growth is positive but not above the United States of America market average.

Oak Valley Bancorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Oak Valley Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Oak Valley Bancorp performed over the past 5 years?

14.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Oak Valley Bancorp's year on year earnings growth rate has been positive over the past 5 years.

Oak Valley Bancorp's 1-year earnings growth exceeds its 5-year average (29.2% vs 14.5%)

Oak Valley Bancorp's earnings growth has not exceeded the US Banks industry average in the past year (29.2% vs 33.2%).


Return on Equity

Oak Valley Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Oak Valley Bancorp used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Oak Valley Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Oak Valley Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Oak Valley Bancorp has an acceptable proportion of non-loan assets held.

Oak Valley Bancorp has a sufficient allowance for bad loans.

Oak Valley Bancorp's liabilities are made up of primarily low risk sources of funding.

Oak Valley Bancorp's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Oak Valley Bancorp are broadly funded by customer deposits.

Oak Valley Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Oak Valley Bancorp's current dividend yield, its reliability and sustainability?

1.50%

Current Dividend Yield


Dividend Yield and Payments Analysis

Oak Valley Bancorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Oak Valley Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.85%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (5.6x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Oak Valley Bancorp's salary, the management and board of directors tenure and is there insider trading?

3.6yrs

Average management tenure


CEO

Chris Courtney (56yo)

6.1yrs

Tenure

US$746,342

Compensation

Mr. Christopher M. Courtney, also known as Chris, has been the Chief Executive Officer and President of Oak Valley BanCorp since July 2013 and May 2008 respectively. Mr. Courtney has been the Chief Executi ...


CEO Compensation Analysis

Chris's remuneration is higher than average for companies of similar size in United States of America.

Chris's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.6yrs

Average Tenure

49yo

Average Age

The tenure for the Oak Valley Bancorp management team is about average.


Board Age and Tenure

11.3yrs

Average Tenure

72yo

Average Age

The average tenure for the Oak Valley Bancorp board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

Oak Valley Bancorp individual insiders have sold more shares than they have bought in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$4,08715 Aug 19
James Gilbert
EntityIndividual
Role
Unit Chairman
Director
Shares222
Max PriceUS$18.41
SellUS$18,09214 Aug 19
Ronald Martin
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$18.30
SellUS$1,19325 Jul 19
Richard McCarty
EntityIndividual
Role
Chief Operating Officer
Senior EVP
Shares61
Max PriceUS$19.55
SellUS$2,46325 Jul 19
Richard McCarty
EntityIndividual
Role
Chief Operating Officer
Senior EVP
Shares126
Max PriceUS$19.55
SellUS$9,67506 May 19
Ronald Martin
EntityIndividual
Role
Member of the Board of Directors
Director
Shares500
Max PriceUS$19.35
SellUS$18,80702 May 19
Ronald Martin
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$18.81
BuyUS$3,30801 Mar 19
H. Holder
EntityIndividual
Shares189
Max PriceUS$17.50
BuyUS$32,63426 Feb 19
Allison Lafferty
EntityIndividual
Shares1,766
Max PriceUS$20.44
SellUS$8,88225 Feb 19
Ronald Martin
EntityIndividual
Role
Member of the Board of Directors
Director
Shares494
Max PriceUS$17.98
SellUS$1,58225 Feb 19
Ronald Martin
EntityIndividual
Role
Member of the Board of Directors
Director
Shares88
Max PriceUS$17.98
SellUS$2,12219 Feb 19
Ronald Martin
EntityIndividual
Role
Member of the Board of Directors
Director
Shares118
Max PriceUS$17.98
BuyUS$3,34315 Feb 19
H. Holder
EntityIndividual
Shares191
Max PriceUS$17.50
BuyUS$14,83315 Feb 19
Christopher Courtney
EntityIndividual
Role
Chief Executive Officer
President
Shares830
Max PriceUS$17.88
BuyUS$6,74915 Feb 19
Daniel Leonard
EntityIndividual
Role
Member of the Board of Directors
Director
Shares376
Max PriceUS$17.95
SellUS$4,20713 Feb 19
Ronald Martin
EntityIndividual
Role
Member of the Board of Directors
Director
Shares234
Max PriceUS$17.98
SellUS$1,18713 Feb 19
Ronald Martin
EntityIndividual
Role
Member of the Board of Directors
Director
Shares66
Max PriceUS$17.98
BuyUS$4,03913 Feb 19
James Gilbert
EntityIndividual
Role
Unit Chairman
Director
Shares225
Max PriceUS$17.95
SellUS$17,66128 Jan 19
Ronald Martin
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$17.66
SellUS$18,87529 Nov 18
Ronald Martin
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$19.00
SellUS$9,25028 Nov 18
Ronald Martin
EntityIndividual
Role
Member of the Board of Directors
Director
Shares500
Max PriceUS$18.50
SellUS$17,95005 Nov 18
Ronald Martin
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$17.95
SellUS$17,82001 Nov 18
Ronald Martin
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$17.82
BuyUS$35,90031 Oct 18
H. Holder
EntityIndividual
Shares2,000
Max PriceUS$17.95
BuyUS$56,95526 Oct 18
H. Holder
EntityIndividual
Shares3,000
Max PriceUS$19.00

Ownership Breakdown


Management Team

  • Rick McCarty (48yo)

    Senior EVP

    • Tenure: 2.6yrs
    • Compensation: US$513.67k
  • Chris Courtney (56yo)

    President

    • Tenure: 6.1yrs
    • Compensation: US$746.34k
  • Janis Powers (60yo)

    Executive Vice President of Risk Management

    • Tenure: 0.0yrs
  • Mike Rodrigues (49yo)

    Executive VP & Chief Credit Officer

    • Tenure: 13.6yrs
    • Compensation: US$365.56k
  • Bill Nunes

    Senior Vice President of Marketing

    • Tenure: 0.0yrs
  • Gary Stephens (56yo)

    Executive Vice President of Commercial Banking Group

    • Tenure: 0.0yrs
  • Russ Stahl (48yo)

    Executive VP & Chief Information Officer

    • Tenure: 2.6yrs
  • Jeff Gall (43yo)

    Senior VP & CFO

    • Tenure: 3.6yrs
    • Compensation: US$297.83k
  • Kim Booke

    Senior Vice President of Credit Administration

    • Tenure: 0.0yrs
  • Melissa Fuller

    Senior Vice President of Human Resources

    • Tenure: 0.0yrs

Board Members

  • Chris Courtney (56yo)

    President

    • Tenure: 6.1yrs
    • Compensation: US$746.34k
  • Jay Gilbert (74yo)

    Director

    • Tenure: 0.0yrs
    • Compensation: US$36.56k
  • Tom Haidlen (72yo)

    Director

    • Tenure: 11.6yrs
    • Compensation: US$49.39k
  • Ron Martin (72yo)

    Director

    • Tenure: 11.6yrs
    • Compensation: US$62.00k
  • Dan Titus (74yo)

    Director

    • Tenure: 11.6yrs
    • Compensation: US$36.70k
  • Michael Jones (73yo)

    Director

    • Tenure: 11.6yrs
    • Compensation: US$36.00k
  • Don Barton (62yo)

    Vice Chairman of the Board

    • Tenure: 0.1yrs
    • Compensation: US$40.70k
  • Dan Leonard (72yo)

    Director

    • Tenure: 7.6yrs
    • Compensation: US$46.59k
  • Janet Pelton (63yo)

    Director

    • Tenure: 6.2yrs
    • Compensation: US$42.07k
  • Terry Withrow (59yo)

    Chairman of the Board

    • Tenure: 0.1yrs
    • Compensation: US$39.60k

Company Information

Oak Valley Bancorp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Oak Valley Bancorp
  • Ticker: OVLY
  • Exchange: NasdaqCM
  • Founded: 1990
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$145.877m
  • Shares outstanding: 8.10m
  • Website: https://www.ovcb.com

Number of Employees


Location

  • Oak Valley Bancorp
  • 125 North Third Avenue
  • Oakdale
  • California
  • 95361
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OVLYNasdaqCM (Nasdaq Capital Market)YesCommon SharesUSUSDFeb 1997

Biography

Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides banking products and services to individuals and small and medium sized businesses in Oakdale, California ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 00:15
End of Day Share Price2019/08/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.