Avidbank (AVBH) Projected to Post Quarterly Earnings on Monday

Avidbank (OTCMKTS:AVBH - Get Free Report) is anticipated to announce its earnings results on Monday, July 28th. Analysts expect the company to announce earnings of $0.75 per share for the quarter.

Avidbank (OTCMKTS:AVBH - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The company reported $0.71 earnings per share for the quarter, beating analysts' consensus estimates of $0.63 by $0.08. The company had revenue of $20.52 million during the quarter, compared to the consensus estimate of $20.89 million. On average, analysts expect Avidbank to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Avidbank Price Performance

AVBH stock traded up $1.00 during mid-day trading on Tuesday, reaching $23.37. The company had a trading volume of 14,556 shares, compared to its average volume of 4,213. Avidbank has a 52 week low of $18.16 and a 52 week high of $26.59. The company has a market capitalization of $185.09 million, a price-to-earnings ratio of 8.41 and a beta of 0.52. The stock has a 50 day simple moving average of $20.43 and a two-hundred day simple moving average of $21.56.

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.