Avidbank (AVBH) to Release Earnings on Wednesday

Avidbank (OTCMKTS:AVBH - Get Free Report) is expected to be posting its quarterly earnings results on Wednesday, April 16th. Analysts expect Avidbank to post earnings of $0.63 per share for the quarter.

Avidbank (OTCMKTS:AVBH - Get Free Report) last announced its earnings results on Monday, January 27th. The company reported $0.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.67 by $0.17. On average, analysts expect Avidbank to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Avidbank Trading Up 4.6 %

Shares of OTCMKTS AVBH traded up $0.97 during midday trading on Friday, hitting $21.88. 10,100 shares of the company's stock were exchanged, compared to its average volume of 5,057. The business's fifty day moving average price is $22.88 and its two-hundred day moving average price is $21.75. The company has a market cap of $173.11 million, a price-to-earnings ratio of 10.52 and a beta of 0.47. Avidbank has a 12-month low of $18.16 and a 12-month high of $26.59.

Wall Street Analyst Weigh In

Separately, Piper Sandler lifted their price objective on shares of Avidbank from $24.00 to $25.00 and gave the stock an "overweight" rating in a report on Wednesday, January 29th.

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.