Avidbank Holdings Past Earnings Performance

Past criteria checks 2/6

Avidbank Holdings has been growing earnings at an average annual rate of 13.3%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 12% per year. Avidbank Holdings's return on equity is 7.9%, and it has net margins of 21.4%.

Key information

13.3%

Earnings growth rate

7.4%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	12.0%
Return on equity	7.9%
Net Margin	21.4%
Last Earnings Update	30 Sep 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Avidbank Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:AVBH Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	69	15	39
30 Jun 24	67	14	37
31 Mar 24	68	16	36
31 Dec 23	68	17	35
30 Sep 23	77	25	35
30 Jun 23	79	27	34
31 Mar 23	79	27	34
31 Dec 22	75	25	33
30 Sep 22	66	19	33
30 Jun 22	60	16	32
31 Mar 22	57	14	31
31 Dec 21	53	12	30
30 Sep 21	52	12	29
30 Jun 21	50	11	29
31 Mar 21	47	10	28
31 Dec 20	46	10	28
30 Sep 20	45	10	27
30 Jun 20	46	11	26
31 Mar 20	46	12	24
31 Dec 19	46	13	24
30 Sep 19	45	13	22
30 Jun 19	43	13	21
31 Mar 19	41	12	19
31 Dec 18	39	11	19
30 Sep 18	37	9	18
30 Jun 18	36	7	18
31 Mar 18	33	6	17
31 Dec 17	30	6	16
30 Sep 17	28	6	15
30 Jun 17	26	6	14
31 Mar 17	26	8	12
31 Dec 16	25	7	13
30 Sep 16	25	8	12
30 Jun 16	25	7	12
31 Mar 16	22	5	12
31 Dec 15	21	4	12
30 Sep 15	20	3	12
30 Jun 15	18	2	12
31 Mar 15	18	3	11
31 Dec 14	18	3	11
30 Sep 14	17	2	11
30 Jun 14	16	2	10
31 Mar 14	16	2	10
31 Dec 13	16	2	10

Quality Earnings: AVBH has high quality earnings.

Growing Profit Margin: AVBH's current net profit margins (21.4%) are lower than last year (32.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AVBH's earnings have grown by 13.3% per year over the past 5 years.

Accelerating Growth: AVBH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AVBH had negative earnings growth (-40.3%) over the past year, making it difficult to compare to the Banks industry average (-11.8%).

Return on Equity

High ROE: AVBH's Return on Equity (7.9%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 09:02
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Avidbank Holdings, Inc. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	D.A. Davidson & Co.
Gary Tenner	D.A. Davidson & Co.
Timothy Coffey	Janney Montgomery Scott LLC