DA Davidson Weighs in on Avidbank Holdings’ Q3 2024 Earnings (OTC:AVBH)

Avidbank Holdings (OTC:AVBH) – Equities researchers at DA Davidson issued their Q3 2024 EPS estimates for Avidbank in a report issued on Tuesday, July 23rd. DA Davidson analyst G. Tenner anticipates that the company will post earnings per share of $0.70 for the quarter. The consensus estimate for Avidbank’s current full-year earnings is $2.60 per share. DA Davidson also issued estimates for Avidbank’s FY2024 earnings at $2.52 EPS and FY2025 earnings at $2.74 EPS.

A number of other equities analysts also recently weighed in on AVBH. Janney Montgomery Scott assumed coverage on shares of Avidbank in a research note on Friday, July 12th. They set a “neutral” rating and a $21.00 price target on the stock. Stephens cut their target price on shares of Avidbank from $24.00 to $23.00 and set an “overweight” rating on the stock in a research note on Tuesday.

Avidbank Trading Up 1.3 %

OTC:AVBH opened at $18.90 on Wednesday. The company has a market cap of $148.93 million, a price-to-earnings ratio of 9.09 and a beta of 0.69. Avidbank has a fifty-two week low of $18.25 and a fifty-two week high of $22.00.

About Avidbank

Avidbank Holdings, Inc operates as a bank holding company for Avidbank that provides financial products and services to small and middle-market businesses, professionals, and individuals in the Santa Clara, San Mateo, and San Francisco counties. It offers business and personal deposit products, such as checking, money market, and savings accounts; and certificates of deposit.