Oak Valley Bancorp (OVLY) Declares $0.15 Quarterly Dividend; 3.4% Yield

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Go back to Oak Valley Bancorp (OVLY) Declares $0.15 Quarterly Dividend; 3.4% Yield

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

January 21, 2022 7:50 PM EST

OAKDALE, Calif., Jan. 21, 2022 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the Company), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results. For the three months ended December 31, 2021, consolidated net income was $3,466,000 or $0.42 per diluted share (EPS), as compared to $4,554,000, or $0.56 EPS, for the prior quarter and $4,649,000, or $0.57 EPS for the same period a year ago. Consolidated net income for the year ended December 31, 2021, totaled $16,337,000, or $2.00 EPS, representing an increase of 19.4% compared to $13,687,000 or $1.68 EPS for 2020.

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