Oak Valley Bancorp Q2 net income $5.6mln, up 5.7% YoY.

• Oak Valley Bancorp reports Q2 net income of $5.6mln, up from $5.3mln in Q1. • EPS at $0.67, compared to $0.64 in Q1 and $0.71 YoY. • Six-month net income at $10.9mln, down from $11.6mln in 2024. • Cash dividend announced, but amount not specified.

Oak Valley Bancorp (NASDAQ: OVLY) has reported its unaudited financial results for the second quarter of 2025, showcasing a net income of $5.6 million, up from $5.3 million in the first quarter. The company's earnings per share (EPS) stood at $0.67, compared to $0.64 in the first quarter and $0.71 year-over-year (YoY) [1].

For the six months ended June 30, 2025, Oak Valley Bancorp's net income was $10.9 million, down from $11.6 million in the same period last year. This decrease was primarily attributed to an increase in deposit interest expenses and operational costs [1].

The bank's loan portfolio grew significantly, with gross loans increasing by $18.9 million in the second quarter, contributing to higher net interest income. The company's net interest margin remained stable at 4.11%, consistent with the previous year [1].

Oak Valley Bancorp's total assets stood at $1.92 billion as of June 30, 2025, reflecting a slight decrease from March 31, 2025 but an overall increase year-over-year. Total deposits were reported at $1.71 billion, down from $1.73 billion in the previous quarter but up from $1.65 billion in the same period last year [1].

The company maintained a non-performing assets ratio of zero, indicating strong credit quality. The Board of Directors also declared a cash dividend for shareholders, though the exact amount was not specified [1].

References:
[1] https://www.quiverquant.com/news/Oak+Valley+Bancorp+Reports+Second+Quarter+2025+Financial+Results+and+Dividend+Declaration