Avidbank Holdings, Inc. Common stock

Avidbank Holdings, Inc. Common stock

AVBH · NASDAQ · Financial Services / Banks - Regional

34.70USD+0.01 (+0.03%)

Price History

Full chart

Market Stats

Previous Close34.69
Open34.91
Day Range34.50 – 34.91
52-Week Range24.03 – 34.18
Volume88.92K
Market Cap342.68M
P/E (TTM)0.00
Forward P/E0.00
EPS-2.18
Dividend Yield0.00%
Beta0.33
50-Day Avg32.08
200-Day Avg29.97

About

Avidbank Holdings, Inc. operates as a bank holding company for Avidbank that provides financial solutions and services. It offers business and personal deposit products, such as checking, money market, and savings accounts; and certificates of deposit. The company also provides lending products, including working capital lines of credit, equipment loans, acquisition financing, shareholder buyouts, ESOP loans, and owner-occupied real estate loans; sponsor finance comprising acquisition term loans, recapitalization term loans, and working capital lines; and venture lending, such as venture debt, growth capital, recurring revenue, and treasury management services. In addition, it offers commercial real estate lending consisting of permanent loans and bridge financing products; Asset-Based Lending that includes Borrowing Base and ABL term loans; and construction lending products, including land acquisition loans, construction spec SFD, owner-occupied SFD, condominiums, subdivision, unsecured business lines, pre-development loans, real estate bridge loans, and RLOC " real estate secured loans. Further, the company provides private equity and venture capital financing solutions; structure finance; security and fraud prevention services; domestic and international wires, ACH origination, corporate credit cards, bill pay, trade finance letters of credit, and zero balance account; remote deposit capture, ACH collections, incoming wires, lockbox, and merchant services; and online banking real time fraud mitigation tools, check positive pay, and ACH positive pay. Additionally, it offers ATM/debit cards, credit cards, business courier, and complimentary notary services, as well as online and mobile banking services. The company was founded in 2003 and is headquartered in San Jose, California.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Mark D. Mordell
  • Employees162
  • Headquarters1732 North 1st Street, San Jose, CA, United States, 95112, USA
  • Websitehttps://www.avidbank.com

Leadership

  • Mr. Mark D. MordellChairman & CEO · b. 1960
  • Mr. Patrick Timothy Oakes C.F.A.Executive VP & CFO · b. 1969
  • Ms. Gina Thoma-PetersonExecutive VP & COO · b. 1965
  • Mr. Robert H. ScottMD of Strategic Relationships & Director · b. 1955
  • Mr. Jonathan M. DalePresident · b. 1978
  • Mr. Victor DeMarco J.D.Executive VP, Chief Legal Officer & Head of Advisory Services · b. 1984
  • Ms. Sarah WesnerSenior VP & Divisional Manager of Corporate Banking
  • Ms. Tami Laura BenedictExecutive VP & Chief of Staff · b. 1981
  • Mr. Samir BhaumikExecutive Vice President of Venture Lending · b. 1964
  • Mr. Arthur Wasson J.D.Executive VP & Chief Revenue Officer · b. 1963

Financials

Income Statement

Currency: USD2003-12-312004-12-312005-12-312006-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue63.58K1.29M3.40M6.63M16.20M15.49M17.81M17.84M18.74M24.98M29.47M35.24M45.30M54.76M45.87M52.77M75.24M67.86M77.14M74.20M
Growth (%)-+1933.08%+162.73%+95.35%+144.20%-4.36%+14.96%+0.12%+5.09%+33.27%+17.98%+19.58%+28.56%+20.87%-16.23%+15.03%+42.58%-9.80%+13.66%-3.80%
Cost of Revenue44.51K571.98K1.02M2.57M4.25M2.71M2.32M1.41M837.00K4.16M2.80M4.81M6.33M8.73M----54.47M148.45M48.39M
Gross Profit19.07K720.59K2.38M4.06M11.95M12.78M15.49M16.42M17.91M20.82M26.67M30.43M38.97M46.03M45.87M52.77M75.24M67.86M77.14M25.81M
Gross Margin30.00%55.75%69.96%61.23%73.79%82.48%86.97%92.08%95.53%83.34%90.49%86.35%86.03%84.05%100.00%100.00%100.00%100.00%100.00%34.79%
Operating Expense742.31K2.78M3.21M4.29M9.55M9.52M10.69M12.37M13.37M14.94M15.79M19.60M23.53M28.17M27.69M29.66M33.13M40.42M43.56M51.61M
Operating Income-723.24K-2.06M-830.03K-227.11K2.41M3.26M4.80M4.05M4.54M5.88M10.88M10.83M15.44M17.86M18.18M23.11M42.11M27.45M33.57M-25.80M
Operating Margin-1137.58%-159.10%-24.44%-3.42%14.85%21.07%26.96%22.70%24.22%23.52%36.90%30.74%34.09%32.61%39.64%43.79%55.97%40.44%43.52%-34.77%
EBITDA26.97K286.63K434.00K285.00K2.95M4.23M5.76M5.13M5.84M7.56M12.53M12.22M16.68M19.16M1.56M41.23M2.19M2.01M1.74M-34.36M
EBITDA Margin42.42%22.18%12.78%4.30%18.22%27.29%32.31%28.76%31.17%30.25%42.52%34.67%36.81%34.98%3.40%78.13%2.91%2.97%2.26%-46.30%
Net Income-723.24K-2.06M-830.00K-227.00K2.22M3.84M2.74M2.51M2.74M3.68M7.26M5.65M11.12M12.86M9.63M12.26M25.02M16.80M21.02M23.98M
Net Income Margin-1137.58%-159.10%-24.44%-3.42%13.73%24.76%15.41%14.07%14.64%14.74%24.65%16.04%24.55%23.48%20.99%23.24%33.26%24.76%27.24%32.32%
R&D---------0000-------
R&D as % of Total Revenue---------0.00%0.00%0.00%0.00%-------
Interest Expense9.97K241.04K770.00K2.12M3.42M2.28M1.84M1.17M798.00K1.11M1.99M2.82M4.72M7.31M1.24M1.24M1.44M15.01M67.22M42.34M
Interest Expense % of Total Revenue15.68%18.65%22.67%31.88%21.12%14.71%10.33%6.54%4.26%4.46%6.75%8.01%10.41%13.35%2.71%2.35%1.91%22.12%87.14%57.06%

Balance Sheet

Currency: USD2003-12-312004-12-312005-12-312006-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets26.67M53.87M81.67M122.47M-342.20M415.72M500.68M469.04M601.64M646.65M782.99M916.90M1.13B1.43B2.16B2.14B2.24B2.31B2.57B
Total Liabilities9.87M39.12M67.59M108.34M-308.51M377.86M452.64M417.49M546.01M583.15M693.89M816.39M1.02B1.30B2.03B2.00B2.07B2.12B2.29B
Total Equity16.81M14.75M14.08M14.13M-33.69M37.86M48.03M51.55M55.63M63.51M89.11M100.52M116.39M127.92M137.10M137.54M165.31M186.36M280.98M
Cash277.98K525.91K8.17M5.46M-12.38M21.49M16.91M17.99M21.28M20.30M33.36M27.65M152.85M230.03M493.34M17.43M9.75M8.66M7.94M
Total Debt--------50.00M11.61M11.68M41.76M11.85M21.57M40.64M37.53M167.64M392.33M214.69M22.00M
Net Debt-277.98K-525.91K-8.17M-5.46M--12.38M-21.49M-16.91M32.01M-9.66M-8.62M8.40M-15.81M-131.28M40.64M37.53M167.64M392.33M214.69M14.06M

Cash Flow

Currency: USD2003-12-312004-12-312005-12-312006-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-665.99K-1.63M-406.88K568.59K5.34M4.20M4.81M3.37M3.63M6.49M4.95M11.01M15.08M14.73M15.73M16.29M28.66M36.33M22.69M39.03M
Investing Cash Flow-15.35M-32.24M-26.71M-32.55M-22.88M-24.57M-11.92M-25.44M-107.40M-54.83M-131.51M-125.22M-141.01M-75.77M-218.21M-478.44M-475.66M-62.69M-82.70M-
Financing Cash Flow9.82M29.17M28.59M40.47M6.07M21.44M68.08M83.92M-39.13M132.52M36.53M127.27M120.22M186.23M279.67M725.46M950.00K60.47M61.31M-82.70M
Capital Expenditure79.78K99.83K28.74K222.34K537.11K174.22K908.88K307.44K316.22K269.00K102.00K5.74M884.00K739.00K939.00K78.00K534.00K166.00K47.00K93.00K
Free Cash Flow-745.77K-1.73M-435.63K346.26K4.80M4.02M3.90M3.06M3.32M6.22M4.85M5.28M14.20M14.00M14.79M16.21M28.12M36.16M22.64M38.94M
Dividends Paid----300.00K558.94K300.00K213.29K-000010.12M--157.13M---
FCF to OCF111.98%106.14%107.06%60.90%89.93%95.85%81.10%90.87%91.30%95.86%97.94%47.92%94.14%94.98%94.03%99.52%98.14%99.54%99.79%99.76%
Dividend Paid to FCF----6.25%13.90%7.69%6.97%-0.00%0.00%0.00%0.00%72.27%--558.73%---

Earnings

Report DateDec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Dec 31, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2016Jun 30, 2016Sep 30, 2016Dec 31, 2016Mar 31, 2017Jun 30, 2017Sep 30, 2017Dec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Jun 30, 2020Sep 30, 2020Feb 1, 2021Apr 29, 2021Jul 22, 2021Oct 18, 2021Jan 31, 2022Apr 20, 2022Jul 20, 2022Oct 19, 2022Jan 30, 2023Apr 24, 2023Jul 19, 2023Oct 23, 2023Jan 22, 2024Apr 17, 2024Jul 22, 2024Oct 20, 2024Jan 27, 2025Apr 22, 2025Aug 25, 2025Oct 23, 2025Jan 29, 2026Apr 27, 2026Jul 23, 2026Oct 22, 2026
EPS Estimate-----------------------------------0.590.620.640.600.820.910.790.670.680.590.640.650.650.630.620.750.760.760.800.830.88
EPS Actual0.220.160.300.090.150.090.160.150.220.080.090.280.360.260.710.350.240.330.300.290.170.360.450.490.590.540.540.580.510.410.350.390.460.421.670.590.380.710.760.951.130.930.630.720.650.690.460.770.840.710.750.720.650.840.76-
Surprise-----------------------------------0.00%-38.71%10.94%26.67%15.85%24.18%17.72%-5.97%5.88%10.17%7.81%-29.23%18.46%33.33%14.52%0.00%-5.26%-14.47%5.00%-8.43%-
Timing--------------------------------Pre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap342.68M
Enterprise Value355.64M
Trailing P/E0.00
Forward P/E0.00
PEG Ratio0.00
Price / Sales9.05
Price / Book1.15
EPS-2.18
Book Value26.97
Revenue (TTM)37.85M
Gross Profit (TTM)37.85M
Profit Margin-37.30%
Operating Margin38.86%
Return on Equity-5.64%
Return on Assets-0.56%
Shares Outstanding10.98M
Shares Float7.03M
Beta0.33
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
82.61%
Insiders
8.18%
Retail / Other
9.21%

Top Institutional Holders

  • Patriot Financial Partners GP II, LP
    1.05M9.57%
  • AllianceBernstein L.P.
    888.28K8.09%
  • Fourthstone LLC
    700.82K6.38%
  • Banc Funds Co LLC
    665.10K6.06%
  • Endeavour Capital Advisors Inc
    658.71K6.00%
  • Arnhold & S. Bleichroeder Advisers, LLC
    568.08K5.17%
  • Adage Capital Partners Gp LLC
    493.14K4.49%
  • Manufacturers Life Insurance Co
    421.58K3.84%
  • Vanguard Capital Management, LLC
    339.32K3.09%
  • Wellington Management Company LLP
    308.44K2.81%
  • Two Sigma Investments LLC
    262.30K2.39%
  • BlackRock Inc
    222.60K2.03%
  • Curi Capital, LLC
    200.00K1.82%
  • Mendon Capital Advisors Corp
    190.86K1.74%
  • North Reef Capital Management LP
    123.02K1.12%

Top Fund Holders

  • First Eagle Small Cap Opportunity I
    316.74K2.88%
  • Vanguard MStar Total Stk Mkt Idx Invest
    276.75K2.52%
  • JH Financial Opportunities
    217.25K1.98%
  • iShares Russell 2000 ETF
    204.20K1.86%
  • RMB Mendon Financial Services A
    150.00K1.37%