Oak Valley Bancorp (NASDAQ:OVLY) Full Year 2024 Results
Key Financial Results
- Revenue: US$78.2m (down 4.0% from FY 2023).
- Net income: US$24.9m (down 19% from FY 2023).
- Profit margin: 32% (down from 38% in FY 2023). The decrease in margin was primarily driven by higher expenses.
- EPS: US$3.04 (down from US$3.77 in FY 2023).
OVLY Banking Performance Indicators
- Net interest margin (NIM): 4.07% (down from 4.33% in FY 2023).
- Cost-to-income ratio: 60.1% (up from 49.9% in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Oak Valley Bancorp shares are up 1.4% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. See our latest analysis on Oak Valley Bancorp's balance sheet health.
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