The Oak Valley Bancorp (OVLY) share price is expected to decrease by 100% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered OVLY. Price targets range from $ at the low end to $ at the high end. The current analyst consensus for OVLY is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedOVLY 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Oak Valley Bancorp to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on OVLY. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of OVLY.
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When did it IPO
2003
Staff Count
223
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Christopher M. Courtney
Market Cap
$212.8M
In 2023, OVLY generated $82.4M in revenue, which was a increase of 25.57% from the previous year. This can be seen as a signal that OVLY's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Oak Valley Community Bank announced a $2 million AHP grant awarded to Modesto Gospel Mission by the Federal Home Loan Bank of San Francisco to support emergency shelter services.
Why It Matters - The grant enhances community support and stability, potentially improving local economic conditions, which can positively influence Oak Valley Bancorp's performance and stock value.
Summary - Oak Valley Bancorp (NASDAQ: OVLY) reported Q2 2024 net income of $5.89M ($0.71 EPS), up from $5.73M ($0.69 EPS) in Q1, but down from $8.40M ($1.02 EPS) in Q2 2023. Year-to-date income is $11.62M ($1.41 EPS).
Why It Matters - Oak Valley Bancorp's declining earnings per share and net income year-over-year may signal weakening financial health, impacting investor confidence and stock performance.
Summary - Oak Valley Bancorp (NASDAQ: OVLY) announced the retirement of Ronald C. Martin from its Board of Directors, effective June 30, 2024.
Why It Matters - The retirement of a board member may signal potential changes in leadership or strategy, impacting investor confidence and the bank's future direction.
Summary - Oak Valley Community Bank appointed Melissa Loeb as Vice President, Branch Manager of the Roseville Office, bringing over 20 years of banking experience.
Why It Matters - The appointment of Melissa Loeb as VP and Branch Manager enhances Oak Valley Community Bank's leadership, potentially improving operational performance and customer relations, which may positively impact stock value.
Summary - Oak Valley Bancorp (NASDAQ: OVLY) has been awarded the 2023 Raymond James Community Bankers Cup, recognizing it as one of the top 10% of U.S. community banks for financial performance.
Why It Matters - Oak Valley Bancorp's recognition as a top community bank signals strong financial health and operational efficiency, potentially enhancing investor confidence and attracting interest in its stock.
Summary - Oak Valley Community Bank, a subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), was named a 2024 Best Place to Work and recognized for a workforce increase of over 10% in 2023.
Why It Matters - Recognition as a top workplace and workforce growth can enhance Oak Valley Community Bank's reputation, attract talent, and potentially boost profitability, positively influencing stock performance.