Oak Valley Bancorp Files 8-K on Financial Results & Operations
Ticker: OVLY · Form: 8-K · Filed: Jan 22, 2024 · CIK: 1431567
| Field | Detail |
|---|---|
| Company | Oak Valley Bancorp (OVLY) |
| Form Type | 8-K |
| Filed Date | Jan 22, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-condition, regulation-fd, corporate-update
TL;DR
**OVLY just dropped an 8-K on financial results, get ready for potential stock movement.**
AI Summary
Oak Valley Bancorp filed an 8-K on January 19, 2024, to announce its financial results and other operational information. This filing, under Items 2.02 and 7.01, indicates the company is providing an update on its performance, likely including earnings or other key financial metrics. For investors, this matters because it offers the latest official data on the company's health and profitability, which can directly influence stock price and future investment decisions.
Why It Matters
This filing provides investors with the most current financial and operational information, crucial for evaluating the company's performance and making informed investment decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and operational updates, which is standard for public companies and does not inherently signal high risk.
Analyst Insight
A smart investor would review the full content of the exhibits referenced in Items 2.02 and 7.01 to understand the specific financial results and operational updates provided by Oak Valley Bancorp, as this filing only indicates the *type* of information being disclosed, not the details themselves.
Key Players & Entities
- Oak Valley Bancorp (company) — the registrant filing the 8-K
- The Nasdaq Stock Market, LLC (company) — the exchange where OVLY Common Stock is registered
- OVLY (company) — the trading symbol for Oak Valley Bancorp Common Stock
FAQ
What is the purpose of this 8-K filing by Oak Valley Bancorp?
The purpose of this 8-K filing by Oak Valley Bancorp is to report on 'Results of Operations and Financial Condition' under Item 2.02 and 'Regulation FD Disclosure' under Item 7.01, as well as 'Financial Statements and Exhibits' under Item 9.01, as indicated in the 'ITEM INFORMATION' section of the filing.
What is the earliest event reported date for this 8-K filing?
The earliest event reported date for this 8-K filing is January 19, 2024, as stated in the 'Date of Report' section.
What is the trading symbol and exchange for Oak Valley Bancorp's Common Stock?
The trading symbol for Oak Valley Bancorp's Common Stock is OVLY, and it is registered on The Nasdaq Stock Market, LLC, according to the 'Securities registered pursuant to Section 12(b) of the Act' table.
What is Oak Valley Bancorp's business address?
Oak Valley Bancorp's business address is 125 N. Third Ave., Oakdale, CA 95361, as listed in the 'BUSINESS ADDRESS' section of the filing.
Is Oak Valley Bancorp considered an emerging growth company?
No, Oak Valley Bancorp is not an emerging growth company, as indicated by the unchecked box next to 'Emerging growth company' in the filing.
Filing Stats: 620 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2024-01-22 15:19:48
Filing Documents
- ovly20240119_8k.htm (8-K) — 26KB
- ex_617180.htm (EX-99.1) — 191KB
- 0001437749-24-001843.txt ( ) — 359KB
- ovly-20240119.xsd (EX-101.SCH) — 3KB
- ovly-20240119_def.xml (EX-101.DEF) — 11KB
- ovly-20240119_lab.xml (EX-101.LAB) — 15KB
- ovly-20240119_pre.xml (EX-101.PRE) — 11KB
- ovly20240119_8k_htm.xml (XML) — 2KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition On January 19, 2024, Oak Valley Bancorp issued a press release, a copy of which is attached as Exhibit 99.1 and incorporated herein by reference. The press release announced the Company's operating results for the year and quarter ended December 31, 2023. The information in this Item 2.02 in this Form 8-K and the Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such filing.  
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.   See "Item 2.02. Results of Operations and Financial Condition" which is incorporated by reference in this Item 7.01.  
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (a) Financial statements:             None (b) Pro forma financial information:             None (c) Shell company transactions:             None (d) Exhibits   99.1 Press Release of Oak Valley Bancorp dated January 19, 2024     104 Cover Page Interactive Data File (embedded within the Inline XBRL document)         SIGNATURE        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.   Dated: January 22, 2024 OAK VALLEY BANCORP   By: /s/  Jeffrey A. Gall Jeffrey A. Gall Executive Vice President and Chief Financial Officer (Principal Financial Officer and duly authorized signatory)         Exhibit Index     Exhibit No. Description     99.1 Press Release of Oak Valley Bancorp dated January 19, 2024     104 Cover Page Interactive Data File (embedded within the Inline XBRL document)