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 Β 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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $31M | - | $-20M | $39M | -7.0% | -61.9% | -193.0% |
| 2024 | $81M | - | $21M | $23M | 11.3% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2024 | 2025 |
|---|---|---|
| Total Revenue | 81.23 | 30.93 |
| Pretax Income | 29.80 | -26.97 |
| Tax Provision | 8.79 | -7.42 |
| Net Income | 21.02 | -19.55 |
| Net Income Common Stockholders | 21.02 | -19.55 |
| Interest Expense | 67.22 | 58.45 |
| Interest Income | 142.44 | 145.75 |
| Selling General And Administration | 33.66 | 38.64 |
| Normalized Income | 21.02 | -19.55 |
| Basic EPS | 2.83 | 0 |
| Diluted EPS | 2.76 | 0 |
| Tax Effect Of Unusual Items | 0 | 0 |
| Tax Rate For Calcs | 0.29 | 0.28 |
| Net Income From Continuing Operation Net Minority Interest | 21.02 | -19.55 |
| Reconciled Depreciation | 1.65 | 1.13 |
| Net Interest Income | 75.22 | 87.31 |
| Net Income From Continuing And Discontinued Operation | 21.02 | -19.55 |
| Diluted Average Shares | 7.60 | 0 |
| Basic Average Shares | 7.43 | 0 |
| Diluted NI Availto Com Stockholders | 21.02 | -19.55 |
| Net Income Including Noncontrolling Interests | 21.02 | -19.55 |
| Net Income Continuous Operations | 21.02 | -19.55 |
| Gain On Sale Of Security | 1.09 | -61.91 |
| Selling And Marketing Expense | 0.41 | 0.43 |
| General And Administrative Expense | 33.24 | 38.21 |
| Salaries And Wages | 33.24 | 38.21 |
| Operating Revenue | 81.23 | 30.93 |
| Occupancy And Equipment | 4.02 | 3.21 |
| Professional Expense And Contract Services Expense | 2.14 | 2.71 |
| Other Non Interest Expense | 7.52 | 8.23 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Avidbank Holdings, Inc.this co. | AVBH | $323M | - | 1.12 | -7.0% | - |
| Waterstone Financial, Inc. | WSBF | $325M | 10.86 | 0.90 | 7.6% | - |
| Value Line, Inc. | VALU | $324M | 14.76 | 3.01 | 20.8% | 40.33 |
| Chemung Financial Corporation | CHMG | $322M | 17.63 | 1.23 | 5.9% | - |
| LINKBANCORP, Inc. | LNKB | $322M |
| 9.54 |
| 1.05 |
| 10.9% |
| - |
| The First Bancorp, Inc. | FNLC | $320M | 8.77 | 1.13 | 12.1% | - |
| BayCom Corp | BCML | $320M | 12.13 | 0.92 | 7.1% | - |
| Timberland Bancorp, Inc. | TSBK | $320M | 10.54 | 1.19 | 11.1% | - |
| Norwood Financial Corp. | NWFL | $317M | 10.68 | 1.11 | 11.5% | - |
| Peer Median | - | 10.77 | 1.12 | 11.0% | 40.33 | |