NASDAQ$OVLY

Oak Valley Bancorp · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Oak Valley Bancorp reported an increase in net income due to Paycheck Protection Program (PPP) loans and a reversal of loan loss provision.

Oak Valley Bancorp reported a net income of $4,649,000, or $0.57 per diluted share, for the fourth quarter of 2020. The increase in net income was primarily due to PPP loan interest and fee income, as well as a loan loss provision reversal. The company's total assets reached $1.51 billion, and total deposits were $1.37 billion.

  • Net income increased to $4,649,000, or $0.57 per diluted share, compared to $3,191,000, or $0.39 EPS, for the same period a year ago.
  • PPP loans contributed $2,150,000 in loan interest and fee income during the fourth quarter.
  • A loan loss provision reversal of $338,000 was recorded due to non-accrual loans decreasing to a zero balance.
  • Total assets reached $1.51 billion, and total deposits were $1.37 billion.

Headline financials

Total Revenue

$13.4M

Previous: $11.6M+15.5%
EPS (adj)

$0.57

Previous: $0.39+46.2%
Net Interest Margin

3.5%

Previous: 4.0%-12.3%
Capital Expenditures

$343K

Previous: $437K-21.5%
Free Cash Flow

$2.52M

Previous: $4.65M-45.8%
Net Income

$4.65M

Previous: $3.19M+45.7%
Operating Income

$5.37M

Previous: $4.46M+20.4%
Cash & Equivalents

$140M

Previous: $148M-5.1%
Total Assets

$1.51B

Previous: $1.15B+31.3%
Stock-Based Comp

$133K

Previous: $150K-11.3%

Revenue & EPS history

Oak Valley · Revenue · Quarterly

$13.4M

Q4 2020+15.5%vs Q4 2019

Forward guidance

The press release includes forward-looking statements about the corporation for which the corporation claims the protection of safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.

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 Q4 2020

Historical avgQ4 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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro