$OVLY 8-K earnings — Q2 FY26

EPS of $0.61 missed consensus of $0.64 by $0.03 (-4.7%). Net interest income rose to $18.9M on loan growth and a 4.15% NIM, but non-interest expense jumped 13.8% QoQ to $14.2M, pressuring earnings. The market may miss that the EPS miss was driven by higher staffing and branch costs tied to expansion, not credit deterioration—NPAs actually fell sharply to $2.6M from $4.6M last quarter.

EPS of $0.61 missed consensus of $0.64 by $0.03 (-4.7%). Net interest income rose to $18.9M on loan growth and a 4.15% NIM, but non-interest expense jumped 13.8% QoQ to $14.2M, pressuring earnings. The market may miss that the EPS miss was driven by higher staffing and branch costs tied to expansion, not credit deterioration—NPAs actually fell sharply to $2.6M from $4.6M last quarter.