What is DA Davidson’s Estimate for Avidbank FY2025 Earnings?

Avidbank Holdings, Inc. (OTCMKTS:AVBH) – Stock analysts at DA Davidson raised their FY2025 earnings per share estimates for Avidbank in a report released on Tuesday, January 28th. DA Davidson analyst G. Tenner now forecasts that the company will post earnings per share of $3.30 for the year, up from their previous forecast of $2.67. 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 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.17.

Several other equities research analysts also recently commented on AVBH. Janney Montgomery Scott upgraded Avidbank from a “neutral” rating to a “buy” rating and set a $26.00 price objective for the company in a report on Tuesday, November 12th. Piper Sandler boosted their price objective on Avidbank from $24.00 to $25.00 and gave the company an “overweight” rating in a report on Wednesday.

Avidbank Price Performance

Avidbank stock opened at $22.30 on Thursday. The firm has a market cap of $176.17 million, a P/E ratio of 10.72 and a beta of 0.69. The stock’s 50 day moving average is $21.53 and its 200 day moving average is $20.38. 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.