Avidbank Holdings Q1 net interest income rises on higher average loan balances

Avidbank Holdings

27/04/2026 21:16

Overview

US commercial lender's Q1 net income and EPS rose yr/yr and sequentially

Net interest margin expanded to 4.38% from 4.13% in prior quarter

Company repurchased 25,000 shares for $693,000 under share buyback program

Outlook

Company did not provide specific guidance or outlook for future quarters or the full year in its press release

Result Drivers

NET INTEREST INCOME - Higher average loan balances and lower deposit costs drove an increase in net interest income

NET INTEREST MARGIN - Margin expanded due to higher average loan balances, lower deposit costs, a special FHLB dividend, and higher loan fees

ASSET QUALITY - Asset quality improved as non-performing loans declined following payoff of a construction loan and charge-offs of two commercial and industrial loans

Company press release: ID:nACSjHbZsa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
$0.84
Q1 Net Income
$9.02 mln
Q1 CET1 Capital Ratio
11.39%
Q1 Net Interest Margin (%)
4.38%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

Wall Street's median 12-month price target for Avidbank Holdings Inc is $34.50, about 14.4% above its April 24 closing price of $30.15

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)