NASDAQ$OVLY

Oak Valley Bancorp · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Oak Valley Bancorp reported third quarter results with increased net income compared to the prior quarter and the same period last year.

Oak Valley Bancorp reported a net income of $4,554,000, or $0.56 per diluted share, for the three months ended September 30, 2021. This represents an increase compared to the prior quarter and the same period in 2020. The increase was partially due to increased Paycheck Protection Program (PPP) loan interest and fees.

  • Net income for Q3 2021 was $4,554,000, or $0.56 per diluted share.
  • Net interest income for Q3 2021 was $13,296,000.
  • Total assets reached $1.86 billion as of September 30, 2021.
  • Non-performing assets were reduced to zero as of September 30, 2021.

Headline financials

Total Revenue

$14.6M

Previous: $12.7M+15.1%
EPS (adj)

$0.56

Previous: $0.46+21.7%
Net Interest Margin

3.2%

Previous: 3.4%-7.8%
Capital Expenditures

-$667K

Previous: -$1.4M+52.3%
Free Cash Flow

$3.89M

Previous: $2.35M+65.3%
Net Income

$4.55M

Previous: $3.75M+21.5%
Operating Income

$13.1M

Previous: $10.8M+21.7%
Gross Profit

$14.6M

Previous: $12.5M+16.9%
Cash & Equivalents

$682M

Previous: $143M+377.7%
Total Assets

$1.86B

Previous: $1.45B+28.3%
Stock-Based Comp

$138K

Previous: $130K+6.2%

Revenue & EPS history

Oak Valley · Revenue · Quarterly

$14.6M

Q3 2021+15.1%vs Q3 2020

Forward guidance

The Company recently announced it has received regulatory approval to open a new office in Roseville, which is slated for the first quarter of 2022.

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 Q3 2021

Historical avgQ3 2021

+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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