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Avidbank (AVBH) to Release Earnings on Monday

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Avidbank (OTCMKTS:AVBH - Get Free Report) will likely be announcing its earnings results on Monday, January 27th. Analysts expect the company to announce earnings of $0.67 per share for the quarter.

Avidbank (OTCMKTS:AVBH - Get Free Report) last released its earnings results on Monday, October 21st. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.68 by $0.09. The firm had revenue of $38.43 million during the quarter, compared to analysts' expectations of $20.18 million. On average, analysts expect Avidbank to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Avidbank Trading Down 0.0 %

Shares of OTCMKTS AVBH traded down $0.01 during mid-day trading on Monday, hitting $20.49. The company had a trading volume of 850 shares, compared to its average volume of 394. The stock's 50-day moving average price is $21.65 and its 200-day moving average price is $20.27. The company has a market capitalization of $161.95 million, a price-to-earnings ratio of 9.85 and a beta of 0.69. Avidbank has a 1 year low of $18.16 and a 1 year high of $22.49.

Analysts Set New Price Targets

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

Read Our Latest Stock Report on Avidbank

Avidbank Company Profile

(Get Free Report)

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.

See Also

Earnings History for Avidbank (OTCMKTS:AVBH)

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