NASDAQ$OVLY

Oak Valley Bancorp · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported a decrease in net income due to an increase in provision for loan losses and a decrease in yield on earning assets.

Oak Valley Bancorp reported a net income of $2,709,000, or $0.33 per diluted share, for the first quarter of 2020. The decrease in net income compared to prior periods was primarily due to an increase in provision for loan losses and a decrease in yield on earning assets resulting from recent FOMC rate cuts.

  • Net income was $2,709,000, or $0.33 per diluted share.
  • Net interest income decreased to $10,228,000 due to rate cuts.
  • Total assets increased to $1.16 billion.
  • Non-performing assets decreased to $959,000, representing 0.08% of total assets.

Headline financials

Total Revenue

$11.5M

Previous: $11.4M+1.1%
EPS (adj)

$0.33

Previous: $0.38-13.2%
Net Interest Margin

3.9%

Previous: 4.2%-5.5%
Capital Expenditures

-$210K

Previous: -$2K-10400.0%
Free Cash Flow

$2.5M

Previous: $3.1M-19.4%
Net Income

$2.71M

Previous: $3.1M-12.7%
Operating Income

$9.48M

Previous: $9.98M-5.0%
Gross Profit

$11.1M

Previous: $11.4M-2.8%
Cash & Equivalents

$92.8M

Previous: $93.9M-1.2%
Total Assets

$1.16B

Previous: $1.06B+9.9%
Stock-Based Comp

$160K

Previous: $131K+22.1%

Revenue & EPS history

Oak Valley · Revenue · Quarterly

$11.5M

Q1 2020+1.1%vs Q1 2019

Forward guidance

The press release includes forward-looking statements about the corporation, which are subject to risks and uncertainties.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+0.4%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+1.9%

Avg return

30 days after

46%

30 / 65 earnings

Positive

+11.5%

Q4 2016

Best reaction

-7.2%

Q1 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.3%-2.4%-0.7%
Q4 2025-1.3%-2.7%+3.9%
Q3 2025-0.1%+0.9%+4.3%
Q1 2025+0.0%-1.2%+2.1%
Q2 2025+0.5%-0.3%+0.1%
Q4 2024+0.0%-1.3%+2.7%
Q3 2024+0.1%-0.6%+1.4%
Q2 2024+4.9%-1.9%+5.3%
Q1 2024+4.8%+6.5%+6.2%
Q4 2023+0.8%+6.0%-7.1%
Q3 2023-0.7%+0.2%+7.5%
Q2 2023+3.1%+3.3%-5.0%
Q1 2023+10.0%+9.0%-2.5%
Q4 2022+2.9%+2.6%+14.0%
Q3 2022+8.0%+7.1%+13.3%
Q2 2022+0.2%+3.6%+4.3%
Q1 2022+0.5%-0.1%-3.0%
Q4 2021+2.1%+2.6%+8.0%
Q3 2021+0.2%+1.3%+0.0%
Q2 2021+3.8%+2.1%-2.8%
Q1 2021+2.1%+2.9%+4.1%
Q4 2020+3.1%-0.8%+0.6%
Q3 2020-1.4%-2.7%+13.8%
Q2 2020-3.0%+2.0%+14.0%
Q1 2020-4.7%+5.6%-1.4%
Q4 2019-0.9%+0.8%-3.8%
Q3 2019+2.3%+1.6%+6.4%
Q2 2019+0.0%+0.0%-6.0%
Q1 2019-4.0%-3.8%-5.3%
Q4 2018-3.1%-0.9%-1.7%
Q3 2018-1.5%-0.5%-10.8%
Q2 2018+0.1%+3.1%-11.0%
Q1 2018-3.8%-3.2%-6.6%
Q4 2017-6.6%-5.0%-1.1%
Q3 2017-2.1%-1.4%+3.6%
Q2 2017+4.4%+7.9%+7.5%
Q1 2017+0.4%+0.6%-3.2%
Q4 2016+11.5%+7.4%+10.2%
Q3 2016-0.2%-0.2%+9.9%
Q2 2016+1.3%+4.9%+4.4%
Q1 2016-0.3%
Q4 2015-0.9%
Q3 2015-0.2%
Q2 2015-4.1%
Q1 2015-1.5%
Q4 2014+1.5%
Q3 2014+1.9%
Q2 2014+0.0%
Q1 2014-1.3%
Q4 2013+0.4%
Q3 2013+0.0%
Q2 2013+0.5%
Q1 2013+0.0%
Q4 2012+0.0%
Q3 2012+0.0%
Q2 2012+0.0%
Q1 2011+0.0%
Q1 2012-7.2%
Q4 2011-7.2%
Q3 2010+0.0%
Q3 2011+0.0%
Q2 2011+3.0%
Q4 2010+3.0%
Q2 2010+3.0%
Q1 2010+2.3%

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