Avidbank Holdings (AVBH) AI Stock Analysis

• Market Cap: $284.49M
• Dividend Yield: N/A
• Average Volume (3M): 42.69K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.38
• Revenue Growth: -38.93%
• EPS Growth: -187.52%
• Country: US
• Employees: 148
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.72
• Shares Outstanding: 10,925,102
• 10 Day Avg. Volume: 21,893
• 30 Day Avg. Volume: 42,693
• PEG Ratio: 0.33
• Price to Book (P/B): 0.86
• Price to Sales (P/S): 1.09
• P/FCF Ratio: 7.05
• Enterprise Value/Market Cap: 1.13
• Enterprise Value/Revenue: 2.82
• Enterprise Value/Gross Profit: 5.20
• Enterprise Value/Ebitda: 10.49
• 1Y Price Target: $31.25
• Price Target Upside: 17.04% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: ―

Avidbank Holdings scores moderately due to solid financial performance and valuation, despite negative revenue growth and bearish technical indicators. The strengths in cash flow and balance sheet management are notable, but the lack of earnings call and corporate events insights limits additional positive influence.

Positive Factors

Cash Flow Generation

Strong cash flow generation indicates efficient operations and financial health, enabling Avidbank to invest in growth opportunities and maintain liquidity.

Balance Sheet Health

A strong balance sheet with improved leverage ratios enhances financial stability, providing resilience against economic fluctuations and supporting long-term growth.

Profitability

Maintaining a healthy net profit margin despite revenue challenges shows effective cost management and operational efficiency, supporting sustained profitability.

Negative Factors

Revenue Decline

A decline in revenue can hinder growth prospects and affect market competitiveness, necessitating strategic initiatives to reverse the trend and drive future growth.

Revenue Growth Challenges

Ongoing revenue growth challenges may limit the company's ability to expand its market share and capitalize on new opportunities, impacting long-term performance.

Decreased Net Income

Decreased net income can strain profitability and reduce shareholder returns, highlighting the need for strategies to enhance earnings and improve financial outcomes.

Avidbank Holdings Business Overview & Revenue Model

Company Description

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. The company also provides personal lending products include secured and unsecured lines of credit, home equity lines of credit, remodel and new home construction loans, and term loans; corporate banking comprises 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, it 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, the company provides various financing solutions, such as structured finance, venture lending, asset-based lending, and sponsor finance. Additionally, it offers various services, such as automated clearing house payments and collections, bill pay, wire transfer, lockbox, merchant, remote deposit capture, ATM/debit cards, credit cards, business courier, cash management, and notary services. Furthermore, the company offers online and mobile banking services. Avidbank Holdings, Inc. was founded in 2003 and is headquartered in San Jose, California.

How the Company Makes Money

Avidbank Holdings makes money through the interest income generated from its lending activities, which is a primary revenue stream. The company offers commercial loans, real estate loans, and other credit facilities, earning interest on the principal amount lent to its customers. Additionally, Avidbank generates non-interest income from fees associated with its banking services, such as transaction fees, service charges, and wealth management fees. The bank also earns revenue from its equipment financing solutions offered to businesses. Key factors contributing to its earnings include strategic partnerships with sector-specific businesses, efficient risk management practices, and a focus on serving niche markets in the technology and real estate industries.

Avidbank Holdings Financial Statement Overview

Summary

Overall, Avidbank Holdings demonstrates financial resilience with stable profitability and strong cash flow generation, despite facing revenue challenges. The company maintains a solid balance sheet with improved leverage ratios. Continued focus on revenue growth and operational efficiency could enhance future financial performance.

Income Statement

Avidbank Holdings shows a mixed performance in its income statement. The Gross Profit Margin for 2023 was relatively strong, but there was a decline in Total Revenue compared to the previous year, indicating a negative Revenue Growth Rate. The company's Net Profit Margin remains healthy, although the drop in revenue impacts overall profitability. EBIT and EBITDA Margins are stable, pointing to efficient operational management.

Balance Sheet

The balance sheet reflects a solid financial position with a healthy Equity Ratio, indicating strong equity financing. The Debt-to-Equity Ratio improved significantly from the previous year, showing better leverage management. Return on Equity is positive, though slightly affected by the decrease in net income.

Cash Flow

Cash flow analysis reveals robust Free Cash Flow with a positive growth trend. The Operating Cash Flow to Net Income Ratio is strong, indicating efficient cash generation from operations relative to net income. Free Cash Flow to Net Income Ratio is also favorable, highlighting good cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	113.60M	77.14M	67.86M	75.24M	52.77M	45.87M
Gross Profit	61.68M	77.14M	122.33M	75.24M	52.77M	45.87M
EBITDA	30.55M	0.00	24.97M	0.00	0.00	0.00
Net Income	23.49M	21.02M	16.80M	25.02M	12.26M	9.63M
Balance Sheet
Total Assets	2.36B	2.31B	2.24B	2.14B	2.16B	1.43B
Cash, Cash Equivalents and Short-Term Investments	185.59M	0.00	0.00	0.00	0.00	0.00
Total Debt	0.00	214.69M	392.33M	167.64M	37.53M	40.64M
Total Liabilities	2.09B	2.12B	2.07B	2.00B	2.03B	1.30B
Stockholders Equity	273.11M	186.36M	165.31M	137.54M	137.10M	127.92M
Cash Flow
Free Cash Flow	18.85M	22.64M	36.16M	28.12M	16.21M	14.79M
Operating Cash Flow	18.82M	22.69M	36.33M	28.66M	16.29M	15.73M
Investing Cash Flow	7.90M	-82.70M	-62.69M	-475.66M	-478.44M	-218.21M
Financing Cash Flow	25.59M	61.31M	60.47M	950.00K	725.46M	279.67M

Avidbank Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 26.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AVBH, the sentiment is Positive. The current price of 26.7 is above the 20-day moving average (MA) of 25.37, above the 50-day MA of 25.53, and above the 200-day MA of 23.06, indicating a bullish trend. The MACD of 0.24 indicates Negative momentum. The RSI at 69.79 is Neutral, neither overbought nor oversold. The STOCH value of 92.75 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AVBH.

Avidbank Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FNLC	72 Outperform	$278.70M	8.84	11.86%	5.58%	10.46%	18.70%
NECB	71 Outperform	$307.97M	6.74	13.63%	4.30%	-0.72%	-7.24%
JMSB	69 Neutral	$269.02M	13.42	7.97%	1.50%	2.59%	18.83%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
AVBH	65 Neutral	$284.49M	-14.38	-8.68%	―	-38.93%	-187.52%
CZFS	64 Neutral	$260.55M	7.64	10.88%	3.50%	2.16%	24.43%
WSBF	63 Neutral	$290.88M	11.88	6.95%	3.72%	-0.09%	83.67%