Jan. 29 at 4:36 PM
$OVLY earnings report: solid growth, but why the post-earnings dip? 🤔
Oak Valley Bancorp's Q4 net income rose 4.1% YoY to 76 cents per share, driven by a 9% boost in net interest income 📈. Yet, shares fell 2.7% post-earnings, coinciding with credit loss provisions linked to a commercial real estate loan.
Find out what’s behind the numbers here 👉 https://www.zacks.com/stock/news/2825584/asset-growth-drives-oak-valley-bancorps-solid-q4-earnings?cid=sm-stocktwits-2-2825584-body-30987&ADID=SYND_STOCKTWITS_TWEET_2_2825584_BODY_30987