Oak Valley Bancorp posts 4Q profit

Oak Valley Bancorp posts 4th-quarter profit of $2.3 million

OAKDALE, Calif. (AP) _ Oak Valley Bancorp (OVLY) on Thursday reported net income of $2.3 million in its fourth quarter.

The bank, based in Oakdale, California, said it had earnings of 29 cents per share.

For the year, the company reported profit of $7.7 million, or 95 cents per share. Revenue was reported as $35.9 million.

Oak Valley Bancorp shares have climbed nearly 8 percent since the beginning of the year. The stock has risen 44 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OVLY at https://www.zacks.com/ap/OVLY

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Keywords: Oak Valley Bancorp, Earnings Report

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