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OTCMKTS:AVBH

Avidbank (AVBH) Stock Price, News & Analysis

$21.94 -0.05 (-0.23%)
(As of 11/14/2024 ET)

About Avidbank Stock (OTCMKTS:AVBH)

Key Stats

Today's Range
$21.80
$21.99
50-Day Range
$19.36
$21.99
52-Week Range
$18.16
$22.00
Volume
2,175 shs
Average Volume
4,580 shs
Market Capitalization
$172.69 million
P/E Ratio
10.55
Dividend Yield
N/A
Price Target
$24.00
Consensus Rating
Buy

Company Overview

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. It also provides personal lending products, including secured and unsecured lines of credit, home equity lines of credit, remodel and new home construction loans, and term loans; corporate banking comprising working capital lines of credit, equipment loans, acquisition financing, shareholder buyouts, ESOP loans, and owner-occupied real estate loans; and commercial real estate lending, such as permanent loans and bridge financing products. In addition, the company offers construction lending products, including land acquisition loans, pre-development loans, construction spec SFD, owner-occupied SFD, condominiums, subdivision, unsecured business lines, real estate bridge loans, and RLOC real estate secured loans. Further, it provides various financing solutions, such as fund finance, structured finance, venture lending, asset-based lending, and sponsor finance. Additionally, the company offers various services, such as automated clearing house payments and collections, bill pay, positive pay, wire transfer, lockbox, merchant, remote deposit capture, risk and fraud analytics services, ATM/debit cards, credit cards, business courier, cash management, and complimentary notary services. Furthermore, it offers online and mobile banking services. The company was founded in 2003 and is headquartered in San Jose, California.

Avidbank Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
30th Percentile Overall Score

AVBH MarketRank™: 

Avidbank scored higher than 30% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Avidbank has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Avidbank has only been the subject of 1 research reports in the past 90 days.

  • Read more about Avidbank's stock forecast and price target.
  • Earnings Growth

    Earnings for Avidbank are expected to grow by 7.38% in the coming year, from $2.71 to $2.91 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Avidbank is 10.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.35.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Avidbank is 10.57, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.43.

  • Percentage of Shares Shorted

    0.01% of the outstanding shares of Avidbank have been sold short.
  • Short Interest Ratio / Days to Cover

    Avidbank has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

  • Dividend Yield

    Avidbank does not currently pay a dividend.

  • Dividend Growth

    Avidbank does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.01% of the outstanding shares of Avidbank have been sold short.
  • Short Interest Ratio / Days to Cover

    Avidbank has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

  • News Sentiment

    Avidbank has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Avidbank this week, compared to 0 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Avidbank insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    Only 15.87% of the stock of Avidbank is held by institutions.

  • Read more about Avidbank's insider trading history.
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AVBH Stock News Headlines

AVBH Avidbank Holdings, Inc.
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AVBH Stock Analysis - Frequently Asked Questions

Avidbank's stock was trading at $21.37 at the beginning of 2024. Since then, AVBH shares have increased by 2.9% and is now trading at $21.99.
View the best growth stocks for 2024 here
.

Avidbank Holdings, Inc. (OTCMKTS:AVBH) issued its quarterly earnings results on Monday, October, 21st. The company reported $0.77 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.09. The business earned $38.43 million during the quarter, compared to analyst estimates of $20.18 million.

Shares of AVBH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Avidbank investors own include Broadcom (AVGO), NVIDIA (NVDA), e.l.f. Beauty (ELF), Jabil (JBL), Arista Networks (ANET), Disc Medicine (IRON) and Adobe (ADBE).

Company Calendar

Last Earnings
10/21/2024
Today
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Current Symbol
OTCMKTS:AVBH
Previous Symbol
NASDAQ:AVBH
Employees
130
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$24.00
High Stock Price Target
$26.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+9.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$16.80 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$122.33 million

Miscellaneous

Free Float
N/A
Market Cap
$173.08 million
Optionable
Not Optionable
Beta
0.68
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This page (OTCMKTS:AVBH) was last updated on 11/14/2024 by MarketBeat.com Staff
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