Oak Valley Q2 net income falls on higher deposit interest expense

Oak Valley Bancorp

18/07/2025 22:12

Overview

Oak Valley Q2 net income falls to $5.6 mln from $5.9 mln a year ago

Net interest income rises to $18.2 mln, driven by loan growth and stable margins

Total deposits at $1.71 bln, down slightly from prior quarter, up yr/yr

Result Drivers

LOAN GROWTH - Increased loan portfolio and higher loan yields boosted net interest income

DEPOSIT COSTS - Rise in deposit interest expenses impacted net income compared to last year

OPERATING EXPENSES - Higher general operating costs due to servicing growing loan and deposit portfolios

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.67
Q2 Net Income
$5.59 mln
Q2 Net Interest Income
$18.15 mln
Q2 Basic EPS
$0.68
Q2 Net Interest Margin
4.1%
Q2 Pretax Profit
$7.17 mln


Press Release: ID:nGNX9XyvrG

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)