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.
Flawless balance sheet and fair value.
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
Stable Share Price: OVLY's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: OVLY exceeded the US Banks industry which returned -26.4% over the past year.
Return vs Market: OVLY underperformed the US Market which returned -10.4% over the past year.
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
3 weeks ago | Simply Wall StWhat Kind Of Shareholder Owns Most Oak Valley Bancorp (NASDAQ:OVLY) Stock?
2 months ago | Simply Wall StOak Valley Bancorp (NASDAQ:OVLY) Passed Our Checks, And It's About To Pay A US$0.14 Dividend
2 months ago | Simply Wall StYou Have To Love Oak Valley Bancorp's (NASDAQ:OVLY) Dividend
Is Oak Valley Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OVLY ($15.75) is trading below our estimate of fair value ($23.29)
Significantly Below Fair Value: OVLY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OVLY is poor value based on its PE Ratio (10.2x) compared to the Banks industry average (8.9x).
PE vs Market: OVLY is good value based on its PE Ratio (10.2x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate OVLY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OVLY is overvalued based on its PB Ratio (1.1x) compared to the US Banks industry average (0.8x).
How is Oak Valley Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Oak Valley Bancorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Oak Valley Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OVLY has high quality earnings.
Growing Profit Margin: OVLY's current net profit margins (27.4%) are higher than last year (27%).
Past Earnings Growth Analysis
Earnings Trend: OVLY's earnings have grown by 17.2% per year over the past 5 years.
Accelerating Growth: OVLY's earnings growth over the past year (8.3%) is below its 5-year average (17.2% per year).
Earnings vs Industry: OVLY earnings growth over the past year (8.3%) underperformed the Banks industry 10.9%.
Return on Equity
High ROE: OVLY's Return on Equity (11.1%) is considered low.
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
Inventory Level: OVLY has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if OVLY's debt is covered by short term assets.
Financial Institutions Analysis
Asset Level: OVLY's level of assets compared to its equity is moderate.
Allowance for Bad Loans: OVLY has a sufficient allowance for bad loans.
Low Risk Liabilities: OVLY's liabilities are made up of primarily low risk sources of funding.
Loan Level: OVLY has an acceptable proportion of non-loan assets held.
Low Risk Deposits: OVLY's loans are broadly funded by customer deposits.
Level of Bad Loans: OVLY has an appropriate level of bad loans (0.15%)
What is Oak Valley Bancorp's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OVLY's dividend (1.78%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: OVLY's dividend (1.78%) is low compared to the top 25% of dividend payers in the US market (5.4%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, OVLY has been paying a dividend for less than 10 years.
Growing Dividend: OVLY's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.8%), OVLY's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Courtney (56yo)
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
Compensation vs Market: Chris's total compensation ($USD746.34K) is about average for companies of similar size in the US market ($USD602.37K).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||4.17yrs||US$297.83k||0.29% $370.3k|
|Senior EVP||3.17yrs||US$513.67k||0.45% $572.3k|
|Executive VP & Chief Credit Officer||14.17yrs||US$365.56k||0.70% $899.0k|
|Executive VP & Chief Information Officer||3.17yrs||no data||0.30% $379.1k|
|Senior Vice President of Marketing||no data||no data||no data|
|Senior Vice President of Human Resources||no data||no data||no data|
|Executive Vice President of Risk Management||no data||no data||0.90% $1.2m|
|Executive Vice President of Commercial Banking Group||no data||no data||0.24% $310.5k|
|Senior Vice President of Credit Administration||no data||no data||no data|
Experienced Management: OVLY's management team is considered experienced (4.2 years average tenure).
|Independent Director||12.17yrs||US$36.56k||1.92% $2.5m|
|Independent Director||12.17yrs||US$62.00k||2.39% $3.1m|
|Independent Director||12.17yrs||US$36.70k||2.7% $3.4m|
|Independent Director||12.17yrs||US$36.00k||0.28% $357.6k|
|Vice Chairman of the Board||0.67yr||US$40.70k||0.33% $426.0k|
|Independent Director||8.17yrs||US$46.59k||0.65% $825.0k|
|Independent Director||6.67yrs||US$42.07k||0.62% $787.5k|
|Chairman of the Board||0.67yr||US$39.60k||0.31% $393.8k|
Experienced Board: OVLY's board of directors are seasoned and experienced ( 12 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: OVLY insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Oak Valley Bancorp's company bio, employee growth, exchange listings and data sources
- Name: Oak Valley Bancorp
- Ticker: OVLY
- Exchange: NasdaqCM
- Founded: 1990
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$127.808m
- Shares outstanding: 8.11m
- Website: https://www.ovcb.com
Number of Employees
- Oak Valley Bancorp
- 125 North Third Avenue
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OVLY||NasdaqCM (Nasdaq Capital Market)||Yes||Common Shares||US||USD||Feb 1997|
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. The company accepts various deposits products, such as checking and savings, money market, health savings, and individual retirement accounts, as well as certificates of deposit. It also offers commercial real estate loans; commercial business lending and trade finance; and small business administration lending, as well as consumer loans consisting of personal loans, automobile loans, home improvement loans, home mortgage loans, revolving lines of credit, and other personal loans. In addition, the company provides online banking, remote deposit capture, mobile banking, merchant, night depository, extended hours, wire transfer of funds, and note collection services, as well as automated teller machines. As of January 24, 2019, it operated through 17 branches, including Oakdale, Turlock, Stockton, Patterson, Ripon, Escalon, Manteca, Tracy, Sacramento; two branches in Sonora; three branches in Modesto; and three branches in Bridgeport, Mammoth Lakes, and Bishop. Oak Valley Bancorp was founded in 1990 and is headquartered in Oakdale, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 02:24|
|End of Day Share Price||2020/03/30 00:00|
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.