DA Davidson Forecasts Avidbank’s Q1 Earnings (OTCMKTS:AVBH)

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

Avidbank (OTCMKTS:AVBH) last posted its quarterly earnings data on Monday, January 27th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.17.

A number of other research analysts also recently issued reports on AVBH. Piper Sandler boosted their price target on Avidbank from $24.00 to $25.00 and gave the company an “overweight” rating in a report on Wednesday. Janney Montgomery Scott upgraded shares of Avidbank from a “neutral” rating to a “buy” rating and set a $26.00 target price for the company in a research note on Tuesday, November 12th.

Avidbank Stock Performance

Shares of AVBH opened at $21.85 on Wednesday. The stock has a 50-day moving average of $21.52 and a two-hundred day moving average of $20.37. The stock has a market cap of $172.62 million, a P/E ratio of 10.50 and a beta of 0.69. Avidbank has a one year low of $18.16 and a one year high of $22.49.

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.