| 16 Upcoming Dividend Increases |
Sixteen companies are boosting their dividends, with an average increase of 8.2%, signaling financial health and stability, particularly among regional banks. My investment strategy focuses on companies with consistently rising dividends and outperforming benchmarks, aiming for long-term wealth accumulation. I use data from the "U.S. Dividend Champions" spreadsheet and NASDAQ to identify companies with at least five years of dividend growth. |
seekingalpha.com |
2025-01-31 15:54:14 |
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| Oak Valley Community Bank to Open New Branch in Lodi |
OAKDALE, Calif., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY) recently announced it has received regulatory approval to establish its 19th full-service branch. The new office will be located at 31 South School Street in downtown Lodi and is scheduled to open mid-2025. |
globenewswire.com |
2025-01-28 21:15:00 |
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| Oak Valley Bancorp Reports 4th Quarter Results and Announces Cash Dividend |
OAKDALE, Calif., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results. For the three months ended December 31, 2024, consolidated net income was $6,008,000 or $0.73 per diluted share (EPS), as compared to $7,324,000, or $0.89 EPS, for the prior quarter and $5,865,000, or $0.71 EPS for the same period a year ago. Consolidated net income for the year ended December 31, 2024, totaled $24,948,000, or $3.02 EPS, representing a decrease of 19.1% compared to $30,848,000, or $3.75 EPS for 2023. The decrease in QTD earnings compared to the prior quarter is related to loan recoveries which resulted in the reversal of credit loss provision of $1,620,000 recorded during the third quarter of 2024. The increase over the same period a year ago is related to a credit loss provision of $1,130,000 recorded during the fourth quarter of 2023, corresponding to macro-economic conditions and loan growth of $100.8 million during the fourth quarter of 2023. Despite the positive variance related to the reversal of credit loss provisions, 2024 YTD earnings decreased compared to 2023 due to an increase in deposit interest expense and general operating expenses. |
globenewswire.com |
2025-01-24 22:17:00 |
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| Oak Valley Community Bank Receives SBA Lending Accolades |
OAKDALE, Calif., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), was recognized by Success Capital – Certified Development Corporation as their “ 2024 SBA 504 Most Active Bank .” |
globenewswire.com |
2024-12-18 14:49:00 |
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| Oak Valley Community Bank Announces Commercial Banking Officer Hiring |
OAKDALE, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that David Skitarelic has joined the bank as Vice President, Commercial Banking Officer. He is based out of the Roseville Office located at 1478 Stone Point Drive. |
globenewswire.com |
2024-11-12 14:56:00 |
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| Oak Valley Community Bank Receives Approval On $125,000 in Grants Submitted to Support Turlock Gospel Mission and Habitat for Humanity of Tuolumne County |
OAKDALE, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced they have received approval on two 2024 AHEAD grants which were submitted to the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) on behalf of Turlock Gospel Mission and Habitat for Humanity of Tuolumne County for $100,000 and $25,000, respectively. |
globenewswire.com |
2024-11-05 18:52:00 |
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| Oak Valley Bancorp Reports 3rd Quarter Results |
OAKDALE, Calif., Oct. 18, 2024 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results. For the three months ended September 30, 2024, consolidated net income was $7,324,000, or $0.89 per diluted share (EPS), as compared to $5,889,000, or $0.71 EPS, for the prior quarter and $7,354,000, or $0.89 EPS, for the same period a year ago. Consolidated net income for the nine months ended September 30, 2024 was $18,940,000, or $2.30 EPS, compared to $24,983,000 or $3.04 EPS for the same period of 2023. |
globenewswire.com |
2024-10-18 21:00:00 |
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| Oak Valley Community Bank Announces Branch Manager Hiring |
OAKDALE, Calif., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that Heather Diaz has joined the bank as Vice President, Branch Manager of the Modesto-McHenry Office, located at 3508 McHenry Avenue. |
globenewswire.com |
2024-10-04 18:27:00 |
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| Modesto Gospel Mission Receives Approval on $2 Million Affordable Housing Program (AHP) Grant Submitted Through Oak Valley Community Bank |
OAKDALE, Calif., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Oak Valley Community Bank (OVCB), a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) has awarded Modesto Gospel Mission (MGM) with a 2024 AHP grant for two-million dollars. This significant funding will propel MGM's efforts to provide emergency shelter and other vital services to the neediest residents of Modesto. |
globenewswire.com |
2024-08-01 18:18:00 |
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| Oak Valley Bancorp Reports 2nd Quarter Results and Announces Cash Dividend |
OAKDALE, Calif., July 18, 2024 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results. For the three months ended June 30, 2024, consolidated net income was $5,889,000, or $0.71 per diluted share (EPS), as compared to $5,727,000, or $0.69 EPS, for the prior quarter and $8,404,000, or $1.02 EPS, for the same period a year ago. Consolidated net income for the six months ended June 30, 2024 was $11,616,000, or $1.41 EPS, compared to $17,629,000 or $2.14 EPS for the same period of 2023. |
globenewswire.com |
2024-07-18 23:00:00 |
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| Oak Valley Community Bank Director Retires |
OAKDALE, Calif., June 24, 2024 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank (the “Bank”) and their Eastern Sierra Community Bank division, announced the retirement of Ronald C. Martin from the Bank and Company's Boards of Directors, effective June 30, 2024. |
globenewswire.com |
2024-06-24 19:28:00 |
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| Oak Valley Community Bank Announces Branch Manager Hiring |
OAKDALE, Calif, June 11, 2024 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that Melissa Loeb has joined the bank as Vice President, Branch Manager of the Roseville Office, located at 1478 Stone Point Drive. Loeb joins Oak Valley with over 20 years of banking experience, the past twelve as a Branch Manager in Northern California. |
globenewswire.com |
2024-06-11 18:26:00 |
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| Oak Valley Bancorp Honored with the 2023 Raymond James Community Bankers Cup Award |
OAKDALE, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY), the parent company of Oak Valley Community Bank, has been awarded the 2023 Raymond James Community Bankers Cup as one of the top 10% of community banks in the United States. Winners are recognized for demonstrating superior performance in several financial measurements. The pool of banks considered for recognition includes all exchange-traded domestic banks, excluding mutual holding companies and potential acquisition targets, with assets between $500 million and $10 billion as of December 31, 2023. This marks the fourth time that Oak Valley Bancorp has earned this recognition. |
globenewswire.com |
2024-05-30 21:49:00 |
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| Oak Valley Community Bank Named One of Central Valley's Best Places to Work |
OAKDALE, Calif., April 26, 2024 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY) is pleased to announce that it was named by Best Companies Group as one of 2024 Best Places to Work: Central Valley. At the same time, OVCB was recognized by Opportunity Stanislaus for “Growing the Economy” by increasing their workforce by 10% or more throughout 2023. |
globenewswire.com |
2024-04-26 17:47:00 |
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| Oak Valley Bancorp Reports 1st Quarter Results |
OAKDALE, Calif., April 19, 2024 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results for the first quarter of 2024. For the three months ended March 31, 2024, consolidated net income was $5,727,000, or $0.69 per diluted share (EPS). This compared to consolidated net income of $5,865,000, or $0.71 EPS, for the prior quarter and $9,225,000, or $1.12 EPS, for the same period a year ago. The net income decrease compared to prior periods was primarily the result of an increase in deposit interest expense. Average cost of funds increased to 68 bps as of March 31, 2024, compared to 55 bps for the prior quarter and 10 bps for the first quarter of 2023. This was partially offset by loan growth of $22.9 million over the prior quarter. |
globenewswire.com |
2024-04-19 21:43:00 |
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| CORRECTION – Oak Valley Bancorp Reports 4th Quarter Results and Announces Cash Dividend |
OAKDALE, Calif., Jan. 22, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline on Friday, January 19th by Oak Valley Bancorp (NASDAQ: OVLY), please note that in the third sentence of the ninth paragraph, the loan growth during the quarter should be $45.3 million, not $100.8 million. |
globenewswire.com |
2024-01-22 23:43:00 |
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| Oak Valley Bancorp Reports 4th Quarter Results and Announces Cash Dividend |
OAKDALE, Calif., Jan. 19, 2024 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results. |
globenewswire.com |
2024-01-19 23:15:00 |
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| Oak Valley Community Bank Announces Key Additions to Executive Management Team |
OAKDALE, Calif., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), today announced key additions to the executive management team following the promotions of Jeff Gall, Executive Vice President, Chief Financial Officer, Kim Booke, Executive Vice President, Chief Risk Officer, and Theresa Roland, Executive Vice President, Chief Human Resources Officer. |
globenewswire.com |
2024-01-08 21:11:00 |
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| Risk and Reward: 3 Bank Stocks for the Bold Investor |
After navigating the crisis earlier this year that roiled regional bank stocks, the coast is clear to dive into this sector, right? Well, not quite. |
investorplace.com |
2023-11-27 20:48:19 |
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| Oak Valley Bancorp Reports 3rd Quarter Results |
OAKDALE, Calif., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results. |
globenewswire.com |
2023-10-19 23:42:00 |
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| Oak Valley Community Bank Announces Commercial Banking Officer Hiring |
OAKDALE, Calif., Sept. 01, 2023 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that Eric J. Manning has joined the bank as Vice President, Commercial Banking Officer. He is based out of the Roseville Office. |
globenewswire.com |
2023-09-01 19:21:00 |
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| Oak Valley Bancorp Reports 2nd Quarter Results And Announces Cash Dividend |
OAKDALE, Ca., July 21, 2023 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results. For the three months ended June 30, 2023, consolidated net income was $8,404,000, or $1.02 per diluted share (EPS), as compared to $9,225,000, or $1.12 EPS, for the prior quarter and $4,258,000, or $0.52 EPS, for the same period a year ago. Consolidated net income for the six months ended June 30, 2023 was $17,629,000, or $2.14 EPS, compared to $6,627,000 or $0.81 EPS for the same period of 2022. |
globenewswire.com |
2023-07-21 23:27:00 |
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| 3 Regional Bank Stocks to Speculate On |
Generally, conservative investors may want to stay away from regional bank stocks. While financial sector investments tend to be wise in arguably most circumstances, the sector crisis we incurred just a few months ago still weighs heavily. |
investorplace.com |
2023-07-18 21:03:27 |
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