Research Analysts Offer Predictions for Avidbank Q4 Earnings

Avidbank Holdings (OTC:AVBH) – Stock analysts at DA Davidson issued their Q4 2024 earnings per share estimates for Avidbank in a research note issued 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.

Several other brokerages have also recently commented on AVBH. Stephens dropped their price target on Avidbank from $24.00 to $23.00 and set an “overweight” rating for the company in a research report on Tuesday, July 23rd. Janney Montgomery Scott started coverage on Avidbank in a report on Friday, July 12th. They issued a “neutral” rating and a $21.00 target price for the company.

Avidbank Trading Up 0.6 %

Shares of AVBH stock opened at $20.25 on Thursday. The firm has a market cap of $159.37 million, a P/E ratio of 7.68 and a beta of 0.69. The stock’s 50 day simple moving average is $19.56. Avidbank has a 1-year low of $18.16 and a 1-year high of $22.00.

Avidbank (OTC:AVBH) last announced its quarterly earnings results on Monday, October 21st. The company reported $0.77 earnings per share (EPS) for the quarter, beating 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.

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.