Oak Valley Bancorp (OVLY) Raises Semi-Annual Dividend 3.7% to $0.14; 1.5% Yield

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Oak Valley Bancorp Reports 4th Quarter Results and Announces Cash Dividend

January 23, 2020 7:29 PM EST

OAKDALE, Calif., Jan. 23, 2020 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the Company), the bank holding company for Oak Valley Community Bank (the Bank) and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results. For the three months ended December 31, 2019, consolidated net income was $3,191,000 or $0.39 per diluted share (EPS), as compared to $3,231,000, or $0.40 EPS, for the prior quarter and $2,979,000, or $0.37 EPS for the same period a year ago. Consolidated net income for the year ended December 31, 2019 totaled $12,489,000, or $1.54 EPS, representing an increase of 8.3% compared to $11,537,000 or $1.42 EPS for 2018.... More