Avidbank Holdings, Inc. (AVBH) 10-Year Financial Performance & Capital Metrics

AVBH • • Banking & Credit

Financial ServicesRegional BanksCommercial & Business BankingCommercial & Corporate Banking

AboutAvidbank 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.Show more

Net Interest Income $0 +100.0%
Total Revenue $77M +13.7%
Net Income $21M +25.1%
Return on Equity 11.95% +7.7%
Net Interest Margin 0% +100.0%
Efficiency Ratio 56.48% +9.9%
ROA 0.92% +20.4%
Equity / Assets 8.07% +9.2%
Book Value per Share 24.51 +11.1%
Tangible BV/Share 24.51 +11.1%
Debt/Equity 1.15 -51.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Diversified revenue: 100.0% from non-interest income
✓Trading at only 1.1x book value

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y15.2%

5Y7.09%

3Y13.49%

TTM-

Profit (Net Income) CAGR

10Y22.58%

5Y10.33%

3Y19.66%

TTM58.04%

EPS CAGR

10Y16.11%

5Y4.93%

3Y10.96%

TTM55.6%

ROCE

10Y Avg8.11%

5Y Avg7.72%

3Y Avg6.92%

Latest1.48%

Peer Comparison

Commercial & Corporate Banking

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TCBITexas Capital Bancshares, Inc.	4.49B	98.37	76.85	-1.72%	4.4%	7.92%	9.27%	0.46
BANCBanc of California, Inc.	3.15B	20.87	40.13	24.65%	6.78%	6.01%	2.04%	0.67
DBDeutsche Bank AG	74.26B	38.87	28.37	11.78%	5.07%	7.18%		1.91
HTHHilltop Holdings Inc.	2.2B	35.83	20.59	2.5%	7.35%	7.2%	12.14%	0.61
SFBSServisFirst Bancshares, Inc.	4.28B	78.31	18.82	17.89%	23.26%	14.33%	5.8%	1.27
CMAComerica Incorporated	11.69B	91.51	18.23	-4.95%	13.98%	10.57%	3.83%	1.02
BOKFBOK Financial Corporation	8.08B	127.69	15.69	10.4%	15.57%	8.91%	15.59%	0.80
CNOBConnectOne Bancorp, Inc.	1.37B	27.26	15.49	6.06%	13.8%	3.98%	4.15%	0.63

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	22.25M	24.26M	30.53M	37.87M	44.7M	-1.24M	-1.24M	-1.44M	-15.01M	0
NII Growth %	0.36%	0.09%	0.26%	0.24%	0.18%	-1.03%	0%	-0.16%	-9.42%	1%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	23.37M	26.25M	33.35M	42.58M	52.01M	0	0	0	0	0
Interest Expense	1.11M	1.99M	2.82M	4.72M	7.31M	1.24M	1.24M	1.44M	15.01M	0
Loan Loss Provision	3.05M	813K	1.99M	1.61M	1.43M	-1.24M	-1.24M	-1.44M	-69.47M	0
Non-Interest Income+	1.61M	3.22M	1.89M	2.72M	2.75M	45.87M	52.77M	75.24M	67.86M	77.14M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	24.98M	29.47M	35.24M	45.3M	54.76M	45.87M	52.77M	75.24M	67.86M	77.14M
Revenue Growth %	0.33%	0.18%	0.2%	0.29%	0.21%	-0.16%	0.15%	0.43%	-0.1%	0.14%
Non-Interest Expense	14.94M	15.79M	19.6M	23.53M	28.17M	27.69M	29.66M	33.13M	34.88M	43.56M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	5.88M	10.88M	10.83M	15.44M	17.86M	18.18M	23.11M	42.11M	32.99M	33.57M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.29%	0.85%	-0%	0.43%	0.16%	0.02%	0.27%	0.82%	-0.22%	0.02%
Pretax Income+	5.88M	10.88M	10.83M	15.44M	17.86M	12.71M	17.15M	34.45M	23.97M	29.8M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	2.19M	3.61M	5.18M	4.32M	5M	3.08M	4.89M	9.43M	7.17M	8.79M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	3.68M	7.26M	5.65M	11.12M	12.86M	9.63M	12.26M	25.02M	16.8M	21.02M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.34%	0.97%	-0.22%	0.97%	0.16%	-0.25%	0.27%	1.04%	-0.33%	0.25%
Net Income (Continuing)	3.68M	7.26M	5.65M	11.12M	12.86M	9.63M	12.26M	25.02M	16.8M	21.02M
EPS (Diluted)+	0.81	1.56	1.08	1.90	2.17	1.61	2.02	3.60	2.24	2.76
EPS Growth %	0.31%	0.93%	-0.31%	0.76%	0.14%	-0.26%	0.25%	0.78%	-0.38%	0.23%
EPS (Basic)	0.83	1.61	1.10	1.93	2.22	1.64	2.08	3.68	2.29	2.83
Diluted Shares Outstanding	4.52M	4.66M	5.24M	5.87M	5.91M	5.97M	6.06M	6.95M	7.49M	7.6M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	0	0	0	0	0
Cash & Due from Banks	21.28M	20.3M	33.36M	27.65M	152.85M	0	0	0	0	0
Short Term Investments	1000K	1000K	1000K	1000K	1000K	0	0	0	0	0
Total Investments+	139.53M	598.21M	714.34M	854.07M	929.53M	0	0	0	0	0
Investments Growth %	-0.67%	3.29%	0.19%	0.2%	0.09%	-1%	-	-	-	-
Long-Term Investments	69.77M	508.52M	639.98M	797.58M	877.51M	0	0	0	0	0
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	0	0	0	0	0
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
PP&E (Net)	862K	600K	5.95M	5.72M	5.54M	23.45M	19.27M	16.27M	12.82M	9.26M
Other Assets	-70.63M	14.71M	15.75M	13.92M	14.66M	-23.45M	-19.27M	-53.9M	-46M	-43.61M
Total Current Assets	98.34M	122.82M	121.32M	99.68M	233.84M	232.94M	496.86M	47.29M	81.4M	0
Total Non-Current Assets	70.63M	523.83M	661.67M	817.23M	897.72M	0	0	0	0	0
Total Assets+	601.64M	646.65M	782.99M	916.9M	1.13B	1.43B	2.16B	2.14B	2.24B	2.31B
Asset Growth %	0.28%	0.07%	0.21%	0.17%	0.23%	0.26%	0.51%	-0.01%	0.05%	0.03%
Return on Assets (ROA)	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Accounts Payable	2.65M	3.47M	5.72M	7.95M	20.45M	0	0	0	0	0
Total Debt+	11.61M	11.68M	41.76M	11.85M	21.57M	40.64M	37.53M	167.64M	392.33M	214.69M
Net Debt	-9.66M	-8.62M	8.4M	-15.81M	-131.28M	40.64M	37.53M	167.64M	392.33M	214.69M
Long-Term Debt	11.61M	11.68M	41.76M	11.85M	21.57M	21.57M	21.7M	151.81M	381.91M	22M
Short-Term Debt	0	0	0	0	0	2.82M	2.88M	2.96M	3.05M	187.62M
Other Liabilities	-11.61M	0	0	0	0	-37.82M	-34.66M	-169.84M	-393.68M	-30.98M
Total Current Liabilities	2.65M	571.47M	652.13M	804.54M	993.59M	1.17B	1.88B	1.78B	1.51B	0
Total Non-Current Liabilities	2.65M	11.68M	41.76M	11.85M	21.57M	0	0	0	0	0
Total Liabilities	546.01M	583.15M	693.89M	816.39M	1.02B	1.3B	2.03B	2B	2.07B	2.12B
Total Equity+	55.63M	63.51M	89.11M	100.52M	116.39M	127.92M	137.1M	137.54M	165.31M	186.36M
Equity Growth %	0.08%	0.14%	0.4%	0.13%	0.16%	0.1%	0.07%	0%	0.2%	0.13%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.07%	0.12%	0.07%	0.12%	0.12%	0.08%	0.09%	0.18%	0.11%	0.12%
Book Value per Share	12.31	13.64	17.00	17.13	19.68	21.44	22.61	19.78	22.07	24.51
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	42.25M	42.22M	62.23M	62.23M	62.23M	70.72M	72.8M	102.36M	104.5M	107M
Additional Paid-in Capital	3.53M	5.07M	4.76M	5.78M	7.14M	0	0	0	0	0
Retained Earnings	9.89M	17.16M	22.81M	34.05M	46.91M	56.54M	68.8M	93.82M	109.69M	130.7M
Accumulated OCI	-49K	-937K	-700K	-1.55M	108K	667K	-4.5M	-58.65M	-48.88M	-51.34M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	6.49M	4.95M	11.01M	15.08M	14.73M	15.73M	16.29M	28.66M	36.33M	22.69M
Operating CF Growth %	0.79%	-0.24%	1.22%	0.37%	-0.02%	0.07%	0.04%	0.76%	0.27%	-0.38%
Net Income	3.68M	7.26M	5.65M	11.12M	12.86M	9.63M	12.26M	25.02M	16.8M	21.02M
Depreciation & Amortization	1.68M	1.66M	1.38M	1.23M	1.3M	1.56M	0	2.19M	2.01M	1.74M
Deferred Taxes	-1.15M	50K	-643K	1.15M	1.87M	0	0	0	0	0
Other Non-Cash Items	2.73M	-970K	1.78M	1.46M	2.6M	5.6M	6.64M	7.09M	10.99M	6.56M
Working Capital Changes	-849K	-3.43M	1.98M	-857K	-5.57M	-3.34M	-2.61M	-8.08M	3.76M	-9.84M
Cash from Investing+	-54.83M	-131.51M	-125.22M	-141.01M	-75.77M	-218.21M	-478.44M	-475.66M	-62.69M	-82.7M
Purchase of Investments	-8.84M	-52.97M	0	0	-257K	0	-275.66M	0	0	0
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	0	1000K	0	0	0
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	513K	257K	0	232K	0	0	0
Other Investing	-62.65M	-108.71M	-134.21M	-156.26M	-81.28M	-217.27M	-234.29M	-475.13M	-62.52M	-82.65M
Cash from Financing+	132.52M	36.53M	127.27M	120.22M	186.23M	279.67M	725.46M	950K	60.47M	61.31M
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-54K	-1.37M	-1.07M	-769K	-432K	-447K	-199K	0	0	0
Stock Issued	0	0	19.02M	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	-1000K	0	1000K	0	1000K	0	0	1000K	1000K	-1000K
Other Financing	145.97M	37.71M	98.21M	120.97M	176.34M	280.12M	725.66M	-89.05M	-73.53M	215.31M
Net Change in Cash+	84.19M	-90.02M	13.06M	-5.71M	125.2M	77.19M	0	-446.06M	34.11M	1.3M
Exchange Rate Effect	0	0	0	0	0	0	-1000K	0	0	0
Cash at Beginning	26.14M	110.32M	20.3M	33.36M	27.65M	152.85M	0	493.34M	47.29M	81.4M
Cash at End	110.32M	20.3M	33.36M	27.65M	152.85M	230.03M	0	47.29M	81.4M	82.7M
Interest Paid	954K	1.95M	2.52M	4.33M	6.88M	6.46M	0	8.88M	42.35M	75.29M
Income Taxes Paid	1.07M	3.81M	4.56M	4.54M	5.64M	0	0	0	0	0
Free Cash Flow+	6.22M	4.85M	5.28M	14.2M	14M	14.79M	16.21M	28.12M	36.16M	22.64M
FCF Growth %	0.88%	-0.22%	0.09%	1.69%	-0.01%	0.06%	0.1%	0.73%	0.29%	-0.37%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	6.87%	12.19%	7.41%	11.73%	11.85%	7.88%	9.25%	18.22%	11.1%	11.95%
Return on Assets (ROA)	0.69%	1.16%	0.79%	1.31%	1.26%	0.75%	0.68%	1.16%	0.77%	0.92%
Net Interest Margin	3.7%	3.75%	3.9%	4.13%	3.95%	-0.09%	-0.06%	-0.07%	-0.67%	0%
Efficiency Ratio	59.82%	53.59%	55.61%	51.94%	51.44%	60.36%	56.21%	44.03%	51.39%	56.48%
Equity / Assets	9.25%	9.82%	11.38%	10.96%	10.29%	8.94%	6.34%	6.43%	7.4%	8.07%
Book Value / Share	12.31	13.64	17	17.13	19.68	21.44	22.61	19.78	22.07	24.51
NII Growth	35.88%	9.03%	25.83%	24.03%	18.05%	-102.78%	0.4%	-16.32%	-942.29%	100%

Frequently Asked Questions

Valuation & Price

Avidbank Holdings, Inc. (AVBH) has a price-to-earnings (P/E) ratio of 9.6x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Avidbank Holdings, Inc. (AVBH) grew revenue by 13.7% over the past year. This is steady growth.

Yes, Avidbank Holdings, Inc. (AVBH) is profitable, generating $23.5M in net income for fiscal year 2024 (27.2% net margin).

Dividend & Returns

Avidbank Holdings, Inc. (AVBH) has a return on equity (ROE) of 12.0%. This is reasonable for most industries.

Industry Metrics

Avidbank Holdings, Inc. (AVBH) has a net interest margin (NIM) of N/A. NIM has been under pressure due to interest rate environment.

Avidbank Holdings, Inc. (AVBH) has an efficiency ratio of 56.5%. This is reasonable for a bank.

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