Q1 Earnings Forecast for Avidbank Issued By DA Davidson

Avidbank Holdings, Inc. (OTCMKTS:AVBH) – DA Davidson issued their Q1 2025 earnings per share estimates for Avidbank in a research note issued on Tuesday, January 28th. DA Davidson analyst G. Tenner expects that the company will post earnings per share of $0.63 for the quarter. The consensus estimate for Avidbank’s current full-year earnings is $2.71 per share.

A number of other brokerages also recently weighed in on AVBH. Janney Montgomery Scott raised Avidbank from a “neutral” rating to a “buy” rating and set a $26.00 price objective on the stock in a research note on Tuesday, November 12th. Piper Sandler boosted their price objective on shares of Avidbank from $24.00 to $25.00 and gave the stock an “overweight” rating in a research note on Wednesday.

Avidbank Stock Up 2.1 %

Shares of OTCMKTS:AVBH opened at $22.30 on Wednesday. Avidbank has a 12-month low of $18.16 and a 12-month high of $22.49. The firm has a fifty day moving average of $21.53 and a two-hundred day moving average of $20.38. The firm has a market capitalization of $176.17 million, a P/E ratio of 10.72 and a beta of 0.69.

Avidbank (OTCMKTS:AVBH) last announced its earnings results on Monday, January 27th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.17.

Avidbank Company Profile

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.