earnings
confidence high
sentiment neutral
materiality 0.80
Oak Valley Bancorp Reports Q4 2024 Net Income of $6.0M and Declares $0.30 Dividend
Oak Valley Bancorp
2024-FY EPS reported
$3.02
- Net income for Q4 2024 was $6,008,000 or $0.73 per diluted share, down from $7,324,000 in the prior quarter.
- Full year 2024 net income totaled $24,948,000 or $3.02 per share, a 19.1% decrease from $30,848,000 in 2023.
- Gross loans increased $90.0 million year-over-year to $1.11 billion; deposits rose $45.2 million to $1.70 billion.
- Non-performing assets remained at zero as of December 31, 2024, consistent with all of 2024 and 2023.
- Board declared a cash dividend of $0.30 per share, payable February 14, 2025 to shareholders of record February 3, 2025.