Oak Valley Bancorp (OVLY) Q2 2026 earnings summary

Executive summary

• Net income for Q2 2026 was $5.11M ($0.61 EPS), down from $5.31M in Q1 2026 and $5.59M in Q2 2025.

• Six-month net income was $10.42M ($1.25 EPS), compared to $10.89M ($1.31 EPS) for the same period in 2025.

• Loan growth and higher loan yields supported net interest income, while higher non-interest expense and lower non-interest income weighed on results.

Financial highlights

• Net interest income for Q2 2026 was $18.94M, up from $18.82M in Q1 2026 and $18.15M in Q2 2025.

• Non-interest income for Q2 2026 was $1.67M, down from $1.95M in Q1 2026 and $1.70M in Q2 2025.

• Non-interest expense rose to $14.16M in Q2 2026 from $13.51M in Q1 2026 and $12.44M in Q2 2025.

• Total assets at June 30, 2026 were $2.00B, up $80.67M year-over-year.

• Gross loans reached $1.17B, up $18.26M sequentially and $55.86M year-over-year.

Outlook and guidance

• Management emphasizes disciplined balance sheet management and a long-term, relationship-focused approach.