Stock Analysis Report

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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 Analysis

Flawless balance sheet and good value.

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

Stable Share Price: OVLY's share price has been volatile over the past 3 months.

Market Performance

7 Day Return




US Banks


US Market

1 Year Return




US Banks


US Market

Return vs Industry: OVLY underperformed the US Banks industry which returned -28.2% over the past year.

Return vs Market: OVLY underperformed the US Market which returned 4.9% over the past year.

Shareholder returns

7 Day-0.3%0.8%4.0%
30 Day-7.8%-16.5%-1.1%
90 Day-20.1%7.2%21.1%
1 Year-34.1%-35.1%-25.7%-28.2%7.2%5.0%
3 Year-6.3%-10.1%-18.1%-24.7%36.0%27.1%
5 Year37.8%26.4%8.8%-4.4%65.3%46.9%

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


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 ($12.58) is trading below our estimate of fair value ($20.42)

Significantly Below Fair Value: OVLY is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: OVLY is good value based on its PE Ratio (8.4x) compared to the Banks industry average (9.4x).

PE vs Market: OVLY is good value based on its PE Ratio (8.4x) compared to the US market (16.5x).

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 (0.9x) compared to the US Banks industry average (0.8x).

Next Steps

Future Growth

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.

Next Steps

Past Performance

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 (26.7%) are lower than last year (27.1%).

Past Earnings Growth Analysis

Earnings Trend: OVLY's earnings have grown by 17.8% per year over the past 5 years.

Accelerating Growth: OVLY's earnings growth over the past year (2.1%) is below its 5-year average (17.8% per year).

Earnings vs Industry: OVLY earnings growth over the past year (2.1%) exceeded the Banks industry 1.8%.

Return on Equity

High ROE: OVLY's Return on Equity (10.6%) is considered low.

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

Financial Institutions Analysis

Asset Level: OVLY's Assets to Equity ratio (10.1x) is moderate.

Allowance for Bad Loans: OVLY has a sufficient allowance for bad loans (999%).

Low Risk Liabilities: 99% of OVLY's liabilities are made up of primarily low risk sources of funding.

Loan Level: OVLY has an appropriate level of Loans to Assets ratio (65%).

Low Risk Deposits: OVLY's Loans to Deposits ratio (73%) is appropriate.

Level of Bad Loans: OVLY has an appropriate level of bad loans (0.1%).

Next Steps


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


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: OVLY's dividend (2.23%) is higher than the bottom 25% of dividend payers in the US market (1.67%).

High Dividend: OVLY's dividend (2.23%) is low compared to the top 25% of dividend payers in the US market (4.5%).

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 (18.4%), 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.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Chris Courtney (57yo)





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 ($USD768.78K) is about average for companies of similar size in the US market ($USD606.53K).

Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.

Leadership Team

Christopher Courtney
President7yrsUS$768.78k2.48% $2.5m
Jeffrey Gall
Senior VP & CFO4.5yrsUS$297.76k0.29% $294.9k
Richard McCarty
Senior EVP3.5yrsUS$527.66k0.45% $456.3k
Michael Rodrigues
Executive VP & Chief Credit Officer12.5yrsUS$366.47k0.70% $717.2k
Gary Stephens
Executive Vice President of Commercial Banking Groupno dataUS$325.15k0.26% $264.0k
Russell Stahl
Executive VP & Chief Information Officer3.5yrsno data0.30% $302.0k
Bill Nunes
Senior Vice President of Marketingno datano datano data
Melissa Fuller
Senior Vice President of Human Resourcesno datano datano data
Janis Powers
Executive Vice President of Risk Managementno datano data0.90% $917.4k
Kim Booke
Senior Vice President of Credit Administrationno datano datano data


Average Tenure


Average Age

Experienced Management: OVLY's management team is considered experienced (4.5 years average tenure).

Board Members

Christopher Courtney
President7yrsUS$768.78k2.48% $2.5m
James Gilbert
Independent Vice Chairman of the Board0.50yrUS$36.61k1.92% $2.0m
Thomas Haidlen
Director12.5yrsUS$36.58k2.08% $2.1m
Ronald Martin
Independent Director12.5yrsUS$52.21k2.39% $2.4m
Danny Titus
Independent Director12.5yrsUS$36.77k2.7% $2.8m
H. Holder
Independent Director4.5yrsUS$44.09k1.21% $1.2m
Donald Barton
Independent Chairman of the Board0.50yrUS$41.09k0.33% $340.3k
Daniel Leonard
Independent Director8.5yrsUS$47.48k0.65% $658.9k
Janet Pelton
Independent Director7.08yrsUS$42.58k0.68% $691.9k
Terrance Withrow
Independent Director6.67yrsUS$39.90k0.31% $314.5k


Average Tenure


Average Age

Experienced Board: OVLY's board of directors are considered experienced (7.8 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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

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$102.089m
  • Shares outstanding: 8.12m
  • Website:

Number of Employees


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


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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/06 00:02
End of Day Share Price2020/07/02 00:00
Annual Earnings2019/12/31

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.