AVBH
Avidbank Holdings, Inc.27.41
+0.35+1.29%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
300.16MP/E (TTM)
12.07Basic EPS (TTM)
2.27Dividend Yield
0%Recent Filings
8-K
Director resigns for personal reasons
10-Q
Q3 FY2025 results
Avidbank Holdings posted a Q3 net loss of $37.7M ($4.12/share) versus $5.8M profit ($0.77/share) y/y, driven by a $62.4M loss on AFS securities sales—proceeds funded $163.2M new buys at 4.54% yield (2.8-year duration) and short-term debt payoff. Net interest income climbed 22% y/y to $22.7M (3.90% NIM vs 3.35%), with deposits up 13% y/y; loans grew 5% q/q. Cash swelled to $177M; $22M subordinated debt (7.57%) remains. No FCF (capex not disclosed). Diluted shares match basic due to anti-dilution from loss. Bay Area CRE concentration (54% loans) poses risks.
8-K
Q3 loss masks core gains
Avidbank Holdings posted a Q3 net loss of $37.7M driven by a $62.4M securities sale loss, yet adjusted net income hit $6.7M with NIM expanding to 3.90%. August IPO raised $61.3M net, funding portfolio repositioning into higher-yield assets and eliminating borrowings. Loans grew 10% annualized; deposits rose 15% annualized. Securities swap boosts future earnings.
10-Q
Q2 FY2025 results
Avidbank Holdings posted solid Q2 momentum with net income up 67% y/y to $5.8M ($0.75 diluted EPS, confirmed vs 7.7M diluted shares). Net interest income climbed 10% y/y to $20.3M as deposit costs fell to 2.78% while funding mix shifted—deposits swelled 12% to $2.0B, borrowings dropped sharply. Provision plunged 69% y/y to $0.9M amid pristine asset quality (nonperformers steady at 0.07% of loans). Cash hit $130M; $22M subordinated debt (7.89%) and $145M short-term borrowings remain available. Steady Bay Area CRE exposure weighs.
8-K
Q2 profit up, IPO nets $62M
Avidbank Holdings posted Q2 net income of $5.8M, up 7% from Q1's $5.4M, with net interest margin widening to 3.60% and loans surging $70.5M to $1.91B. Deposits climbed $73.3M to $2.00B. Post-quarter, it closed its IPO, netting ~$62M to bolster capital and reposition securities. Pristine asset quality holds at 0.06%.
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