OVLY's Q3 Earnings Fall Y/Y on Lower Fee Income, Higher Costs

Oak Valley Bancorp (OVLY) reported Q3 2026 earnings with declining EPS and net income, though net interest income and margin improved. The bank faced headwinds from higher operating costs and deteriorating efficiency ratios, while credit quality showed mixed trends with the emergence of non-performing assets. Despite expansion to 19 branches, profitability metrics declined year-over-year.