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

Avidbank Holdings (OTC:AVBH) – Stock analysts at DA Davidson increased their FY2025 EPS estimates for Avidbank in a note issued to investors on Thursday, December 19th. DA Davidson analyst G. Tenner now forecasts that the company will post earnings per share of $2.67 for the year, up from their previous estimate of $2.64. The consensus estimate for Avidbank’s current full-year earnings is $2.55 per share.

Separately, Janney Montgomery Scott upgraded Avidbank from a “neutral” rating to a “buy” rating and set a $26.00 target price on the stock in a research report on Tuesday, November 12th.

Avidbank Stock Performance

OTC:AVBH opened at $21.75 on Friday. Avidbank has a one year low of $18.16 and a one year high of $22.49. The firm has a market capitalization of $171.96 million, a PE ratio of 11.10 and a beta of 0.69. The firm has a 50 day moving average of $21.26.

Avidbank (OTC:AVBH) last issued its quarterly earnings results on Monday, October 21st. The company reported $0.77 earnings per share 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 analysts’ expectations 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.