Oak Valley Bancorp (OVLY, Financial) experienced significant stock fluctuations, with its price rising by 5.06%. The stock is currently valued at $30.32 per share, having traded 6,855 shares. The turnover rate is 0.08%, and its price volatility is 3.45%.
Financial reports show that Oak Valley Bancorp has achieved a revenue of $19.50 million, a net profit of $7.32 million, and an earnings per share of $0.89. The company's price-to-earnings ratio stands at 10.06, with no current institutional ratings for buy, hold, or sell recommendations.
Within the banking sector, which saw an overall increase of 1.03%, notable stock performers included Blue Ridge Bankshares, Inc., Newtekone, Inc., and John Marshall Bancorp, Inc. Active stocks in the industry were Old Point Financial Corporation, William Penn Bancorporation, and Fb Bancorp, Inc., with turnover rates of 2.60%, 2.04%, and 1.92%, respectively. Stocks with significant price swings included Better Home & Finance Holding C/Wts, 泛华金融 (Fanhua), and Shf Holdings, Inc., with volatilities of 39.26%, 18.11%, and 14.29%.
Oak Valley Bancorp operates as a community bank holding company, offering comprehensive business checking and savings accounts along with commercial and real estate loans. The bank provides additional services such as online and mobile banking, remote deposits, extended hours, and nationwide ATM access, primarily deriving its revenue from net interest income.
