Q4 Earnings Estimate for Avidbank Issued By DA Davidson

Avidbank Holdings (OTC:AVBH) – Research analysts at DA Davidson issued their Q4 2024 earnings per share (EPS) estimates for Avidbank in a report released on Wednesday, October 23rd. DA Davidson analyst G. Tenner expects that the company will post earnings of $0.68 per share for the quarter. The consensus estimate for Avidbank’s current full-year earnings is $2.43 per share.

Other equities analysts have also recently issued reports about the company. Janney Montgomery Scott assumed coverage on Avidbank in a report on Friday, July 12th. They issued a “neutral” rating and a $21.00 price target for the company. Stephens dropped their price target on Avidbank from $24.00 to $23.00 and set an “overweight” rating for the company in a research note on Tuesday, July 23rd.

Avidbank Stock Performance

OTC AVBH opened at $20.37 on Thursday. Avidbank has a fifty-two week low of $18.16 and a fifty-two week high of $22.00. The firm has a market capitalization of $160.31 million, a PE ratio of 10.39 and a beta of 0.69. The business has a fifty day moving average of $19.58.

Avidbank (OTC:AVBH) last released its quarterly earnings results on Monday, October 21st. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.12. The company had revenue of $38.43 million during the quarter, compared to analyst estimates of $20.18 million.

About Avidbank

Avidbank Holdings, Inc operates as a bank holding company for Avidbank that provides financial products and services to businesses and individuals in the Santa Clara, San Mateo, and San Francisco counties. The company offers business and personal deposit products, such as checking, money market, and savings accounts; and certificates of deposit.