Avidbank Holdings (AVBH) AI Stock Analysis

• Market Cap: $158.45M
• Dividend Yield: N/A
• Average Volume (3M): 2.24K
• Price to Earnings (P/E): 7.2
• Beta (1Y): 0.27
• Revenue Growth: 14.63%
• EPS Growth: 33.26%
• Country: US
• Employees: 148
• Sector: Financial
• Sector Strength: 76
• Industry: Banks - Regional
• EPS (TTM): 0.71
• Shares Outstanding: 7,880,998
• 10 Day Avg. Volume: 983
• 30 Day Avg. Volume: 2,243
• PEG Ratio: 0.07
• Price to Book (P/B): 1.02
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.98
• Enterprise Value/Market Cap: 1.84
• Enterprise Value/Revenue: 0.60
• Enterprise Value/Gross Profit: 2.15
• Enterprise Value/Ebitda: 3.04
• 1Y Price Target: $26.00
• Price Target Upside: 29.35% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• 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.

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
114.86M	148.45M	67.86M	87.70M	60.20M	53.53M
	Gross Profit
135.53M	0.00	122.33M	87.70M	60.20M	53.53M
	EBIT
21.84M	29.80M	32.99M	34.45M	17.15M	12.71M
	EBITDA
18.69M	29.80M	23.97M	936.00K	965.00K	916.00K
	Net Income Common Stockholders
14.42M	21.02M	16.80M	25.02M	12.26M	9.63M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
14.06M	0.00	9.75M	17.43M	493.34M	230.03M
	Total Assets
2.29B	2.31B	2.23B	2.14B	2.16B	1.43B
	Total Debt
21.96M	214.69M	21.91M	167.64M	37.53M	40.64M
	Net Debt
7.89M	214.69M	12.15M	150.20M	-455.81M	-189.39M
	Total Liabilities
2.12B	2.12B	2.07B	2.00B	2.03B	1.30B
	Stockholders Equity
171.45M	186.36M	165.31M	137.54M	137.10M	127.92M
Cash Flow		Free Cash Flow
0.00	22.87M	36.16M	28.26M	-3.79M	14.38M
	Operating Cash Flow
0.00	22.92M	36.33M	28.80M	16.29M	15.32M
	Investing Cash Flow
0.00	-82.93M	-62.69M	-475.80M	-478.44M	-217.81M
	Financing Cash Flow
0.00	61.31M	60.47M	950.00K	725.46M	279.67M

Avidbank Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 20.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 20.1 is above the 20-day moving average (MA) of 20.02, below the 50-day MA of 20.66, and below the 200-day MA of 21.27, indicating a neutral trend. The MACD of -0.21 indicates Negative momentum. The RSI at 47.25 is Neutral, neither overbought nor oversold. The STOCH value of 66.35 is Neutral, 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
ESSA	71 Outperform	$186.64M	11.86	6.43%	3.25%	5.57%	-16.40%
FUNC	71 Outperform	$183.80M	8.13	12.99%	3.10%	13.41%	62.54%
AVBH	65 Neutral	$158.45M	7.25	11.66%	―	14.63%	33.26%
Sector *	65 Neutral	$12.76B	9.91	7.89%	78.91%	12.06%	-7.95%
MYFW	63 Neutral	$205.97M	20.45	4.04%	―	3.14%	35.67%
EFSI	59 Neutral	$156.51M	14.01	4.10%	4.24%	-2.87%	-21.25%
FXNC	56 Neutral	$167.60M	22.79	3.74%	3.32%	35.45%	-42.78%