AVBH

Profitability and margin improved: Avidbank reported Q1 net income of $9.0M ($0.84/sh), ROA of 1.46% and ROE of 12.7%, while net interest margin widened to 4.38% (up 25 bps) though management expects NIM to settle around the mid‑4.20s as deposit costs stay above 3%. Loan and deposit growth driven by CRE: Loans rose $24M in the quarter (up $332M or 18% YoY), led by a $26M increase in non‑owner occupied CRE, and deposits increased $13M for the quarter (up $270M or 14% YoY). Credit and venture/SaaS monitoring: Provision fell to $1.4M but net charge‑offs were $2.8M (primarily two C&I charge‑offs); nonperforming loans declined to $16.3M (0.75%), and management is closely monitoring about $165M of SaaS/venture exposure for AI‑related disruption, investor backing and borrower cash burn (only roughly $4M criticized in horizontal SaaS). Interested in Avidbank Holdings Inc.? Here are five stocks we like better. Avidbank (NASDAQ:AVBH) reported improved profitability in its fiscal first quarter of 2026, driven by a higher net interest margin and lower provision expense, while management spent much of the earnings call addressing credit performance and its exposure to venture lending—particularly software-as-a-service (SaaS) borrowers amid broader industry disruption tied to artificial intelligence. Chief Financial Officer Patrick Oakes said the company earned net income of $9.0 million, or $0.84 per diluted share, compared with $6.9 million, or $0.65 per diluted share, in the fourth quarter. Profitability ratios also rose, with return on assets improving to 1.46% from 1.12% and return on average equity increasing to 12.7%. → Pipelines and Automation: 2 Energy Plays Built for Any Oil Price Chairman and CEO Mark Mordell said the company was “pleased” with its progress over several quarters in “putting ourselves in a more profitable metrics situation,” adding that the first quarter was “a pretty good quarter” despite typical seasonal patterns he said the bank has seen in prior years. Oakes said loans grew $24 million during the quarter. Growth was “driven mainly by a $26 million increase in non-owner occupied CRE loans,” partially offset by a $9 million decline in C&I balances due to payoffs and paydowns. On a year-over-year basis, the bank’s loan portfolio was up $332 million, or 18%, since March 31, 2025. → Homebuilder Earnings: D.R. Horton Sticks Out as Pulte & NVR Sale...

Image source: The Motley Fool. Tuesday, April 28, 2026 at 11 a.m. ET Chairman & CEO — Mark Mordell EVP & CFO — Patrick Oakes Mark Mordell: Thanks, Gina, and thank you all for attending our Q1 earnings call. We appreciate your interest as well as your support. As we stated in the release, overall, we are pleased with what we have accomplished not only for Q1, but more certainly what we have done over the last several quarters in putting ourselves in a more profitable metrics situation. I am not a big believer in seasonality, but as far as first quarters go, this was a pretty good quarter for us. We usually have some pullback and shrinkage, and we were able to grow loans by about $25 million, and our core deposits were reasonably flat. Although Patrick is going to give you more metric information, and we are going to follow it up with some questions after that. At this point, I would like to turn it over to Patrick to go through the quarter, the high-level metrics, and then we will open it up for questions. Patrick Oakes: Thanks, Mark. Good morning, everyone. Let me start with the headline numbers. In the first quarter, we earned net income of $9 million, or $0.84 per diluted share. That was up from $6.9 million, or $0.65 per diluted share in the fourth quarter. Return on assets improved to 1.46% from 1.12%, and return on average equity increased to 12.7%. Turning to the balance sheet, as Mark said, loans grew $24 million in the first quarter. That was driven mainly by a $26 million increase in non-owner-occupied CRE loans, partially offset by a $9 million decline in C&I balances due to higher payoffs and paydowns. Overall, loans are up $332 million, or 18%, since March 31, 2025. Deposits also moved higher, up $13 million in the first quarter, and they are up $270 million, or 14%, since March 31, 2025. We reported a net interest margin of 4.38% in the first quarter, up 25 basis points from the fourth quarter. Loan yields were essentially flat, and our interest-bearing deposit costs came down 20 basis points. As a reminder, the fourth quarter included a $726 thousand interest reversal on nonperforming loans, which reduced our margin in the fourth quarter by 12 basis points. In the first quarter, we also had the benefit of a special FHLB dividend, which added about 4 basis points to the margin. During the first quarter, we did see some upward pressure on our cos...

This article first appeared on GuruFocus. Net Income: $9 million, or $0.84 per diluted share, up from $6.9 million, or $0.65 per diluted share in the previous quarter. Return on Assets: Improved to $146,000 from $112,000. Return on Average Equity: Increased to 12.7%. Loan Growth: Loans grew by $24 million in the first quarter. Deposit Growth: Deposits increased by $13 million in the first quarter. Net Interest Margin: $438, up 25 basis points from the previous quarter. Provision for Credit Losses: $1.4 million, down from $2.8 million in the previous quarter. Net Charge-Offs: $2.8 million, or 52 basis points of average loans. Non-Performing Loans: Declined to $16.3 million, or 75 basis points of loans. Non-Interest Income: $1.5 million, compared to $1.8 million in the previous quarter. Non-Interest Expense: $14.1 million, up $231,000 from the previous quarter. Efficiency Ratio: Improved to 50.4%. Book Value Per Share: Increased to $26.33. Tier 1 Capital: Increased to $11.39. Share Repurchase: 25,000 shares repurchased at an average price of $2,769. Effective Tax Rate: 27.5% for the quarter. Warning! GuruFocus has detected 4 Warning Sign with AVBH. Is AVBH fairly valued? Test your thesis with our free DCF calculator. Release Date: April 28, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Avidbank Holdings Inc (NASDAQ:AVBH) reported a significant increase in net income for Q1 2026, reaching $9 million, up from $6.9 million in the previous quarter. The company achieved a notable improvement in return on assets and return on average equity, indicating enhanced profitability. Loan growth was strong, with a $24 million increase in the first quarter, driven by non-owner-occupied security loans. Deposits increased by $13 million in the first quarter, contributing to a 14% rise since March 2025. The net interest margin improved by 25 basis points from the previous quarter, reflecting better financial performance. There was a $2.8 million net charge-off in the quarter, primarily due to two C&I credit charge-offs. Non-interest income decreased to $1.5 million from $1.8 million in the previous quarter, affected by lower warrant and success fee income. Non-interest expenses rose to $14.1 million, driven by higher credit-related legal and professional fees. The provision for credit losses was $1.4 million, although...

Avidbank Holdings Inc. (AVBH) reported $27.97 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 36.3%. EPS of $0.84 for the same period compares to $0.71 a year ago. The reported revenue represents a surprise of -0.83% over the Zacks Consensus Estimate of $28.2 million. With the consensus EPS estimate being $0.80, the EPS surprise was +5.44%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Avidbank Holdings performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency ratio: 50.4% versus the two-analyst average estimate of 52.5%. Net interest margin: 4.4% versus 4.3% estimated by two analysts on average. Total Non-Interest Income: $1.47 million compared to the $1.35 million average estimate based on two analysts. Net Interest Income: $26.5 million compared to the $26.63 million average estimate based on two analysts. View all Key Company Metrics for Avidbank Holdings here>>> Shares of Avidbank Holdings have returned +8.1% over the past month versus the Zacks S&P 500 composite's +9.3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Avidbank Holdings Inc. (AVBH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Management attributed the strong first quarter performance to several quarters of structural improvements in profitability metrics, overcoming typical seasonal shrinkage to achieve loan growth. The bank is navigating a significant shift in the SaaS and venture landscape, where the emergence of AI is creating a bifurcation between vertical-integrated winners and horizontal-market laggards. Strategic focus is shifting toward specialized 'workflow' vertical SaaS models, which management believes have more longevity than broad-based horizontal platforms in the current environment. Operational discipline in venture lending now emphasizes monitoring cash-to-loan crossover points to mitigate risk before investor abandonment occurs. The bank is intentionally pivoting its human capital strategy, adding bankers specifically to business lines like C&I and asset-based lending to increase franchise value over real estate-heavy growth. Profitability improvements were driven by a 25 basis point expansion in net interest margin, supported by lower interest-bearing deposit costs and the absence of prior-quarter interest reversals. Management maintains a low double-digit growth target for both loans and deposits for the full year 2026, despite observing some softness in client decision-making during Q1. Net interest margin is expected to face moderate pressure, likely settling between 4.25% and 4.30% as the bank pays higher rates to attract new deposits to fund growth. Operating expenses are projected to rise as the bank aggressively hires two to four additional bankers per quarter to capitalize on market consolidation and scale the platform. The tax rate is anticipated to normalize in the mid-28% range for the remainder of 2026 following a discrete benefit in the first quarter. Management assumes the IPO and M&A markets will remain quiet in the near term as investors and acquirers wait for further clarity on company valuations and AI viability. Net charge-offs of $2.8 million were primarily driven by two specific C&I credits, though nonperforming loans overall declined due to a significant construction loan payoff. A specific real estate relationship involving two buildings in the South Bay was downgraded to criticized status due to concerns regarding a potential tenant vacancy, despite a low loan-to-value ratio. The bank identified approximately $4 million in criticized or...

SAN JOSE, CA / ACCESS Newswire / April 27, 2026 / Avidbank Holdings, Inc. (NASDAQ:AVBH) (the "Company" or "Avidbank Holdings"), the holding company for Avidbank, a California state-chartered bank (the "Bank"), announced net income for the first quarter of 2026 of $9.0 million, or $0.84 per diluted share, compared to net income of $6.9 million, or $0.65 per diluted share, for the fourth quarter of 2025 and net income of $5.4 million, or $0.71 per diluted share, for the first quarter of 2025. First Quarter 2026 Highlights Return on average assets was 1.46% compared to 1.12% in the fourth quarter of 2025 and 0.96% in the first quarter of 2025. Net interest margin expanded to 4.38% in the first quarter of 2026, compared to 4.13% in the fourth quarter of 2025 and 3.52% in the first quarter of 2025. The efficiency ratio was 50.35% compared to 51.72% in the fourth quarter of 2025 and 62.57% in the first quarter of 2025. Book value per share was $26.33 at March 31, 2026, an increase of $0.67 from December 31, 2025, and an increase of $1.48 from March 31, 2025. Repurchased 25,000 shares of our common stock for $693 thousand and an average price of $27.69 per share as part of our share repurchase program. Period-end loans, net of deferred fees, increased $24.4 million, or 5% annualized, from December 31, 2025 and $331.7 million, or 18%, from March 31, 2025. Average deposits increased $15.2 million, or 3% annualized, from the fourth quarter of 2025 and $265.1 million, or 14%, from the first quarter of 2025. Period-end deposits increased $13.2 million, or 2% annualized, from December 31, 2025 and $269.8 million, or 14%, from March 31, 2025. Non-performing assets to total assets decreased to 0.63% as of March 31, 2026 compared to 0.95% at December 31, 2025 and increased compared to 0.06% at March 31, 2025. Net charge-offs to average loans totaled 0.52% in the first quarter of 2026 compared to 0.30% in the fourth quarter of 2025 due to the charge-off of two commercial and industrial loans. Mark Mordell, Chairman and Chief Executive Officer stated, "We are pleased to see that the work we did in 2025 with our successful IPO and the restructuring of our balance sheet, along with the dedicated work of our employees, is being demonstrated by our improved profitability metrics." Mordell added, "We believe the strong profitability in the first quarter reflects the strength of ou...

Avidbank Holdings Inc. (AVBH) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.8 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.44%. A quarter ago, it was expected that this company would post earnings of $0.76 per share when it actually produced earnings of $0.65, delivering a surprise of -14.47%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Avidbank Holdings, which belongs to the Zacks Banks - West industry, posted revenues of $27.97 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.83%. This compares to year-ago revenues of $20.52 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Avidbank Holdings shares have added about 13.5% since the beginning of the year versus the S&P 500's gain of 4.7%. While Avidbank Holdings has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Avidbank Holdings was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (...

This article first appeared on GuruFocus. Avidbank Holdings Inc (NASDAQ:AVBH) is set to release its Q1 2026 earnings on Apr 28, 2026. The consensus estimate for Q1 2026 revenue is $27.09 million, and the earnings are expected to come in at $0.79 per share. The full year 2026's revenue is expected to be $114.05 million and the earnings are expected to be $3.39 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 5 Warning Signs with AVBH. Is AVBH fairly valued? Test your thesis with our free DCF calculator. Revenue estimates for Avidbank Holdings Inc (NASDAQ:AVBH) have increased from $105.01 million to $114.05 million for the full year 2026 and increased from $119.11 million to $127.05 million for 2027 over the past 90 days. Earnings estimates have increased from $3.15 per share to $3.39 per share for the full year 2026 and increased from $3.57 per share to $3.88 per share for 2027 over the past 90 days. In the previous quarter of 2025-12-31, Avidbank Holdings Inc's (NASDAQ:AVBH) actual revenue was $25.01 million, which beat analysts' revenue expectations of $24.95 million by 0.25%. Avidbank Holdings Inc's (NASDAQ:AVBH) actual earnings were $0.65 per share, which missed analysts' earnings expectations of $0.75 per share by -13.68%. After releasing the results, Avidbank Holdings Inc (NASDAQ:AVBH) was up by 5.47% in one day. Based on the one-year price targets offered by 4 analysts, the average target price for Avidbank Holdings Inc (NASDAQ:AVBH) is $34.50 with a high estimate of $35.00 and a low estimate of $33.00. The average target implies an upside of 14.43% from the current price of $30.15. Based on GuruFocus estimates, the estimated GF Value for Avidbank Holdings Inc (NASDAQ:AVBH) in one year is $6.62, suggesting a downside of -78.04% from the current price of $30.15. Based on the consensus recommendation from 4 brokerage firms, Avidbank Holdings Inc's (NASDAQ:AVBH) average brokerage recommendation is currently 1.8, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

First Hawaiian (FHB) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +3.13%. A quarter ago, it was expected that this bank holding company would post earnings of $0.55 per share when it actually produced earnings of $0.56, delivering a surprise of +1.82%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. First Hawaiian, which belongs to the Zacks Banks - West industry, posted revenues of $220.35 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.4%. This compares to year-ago revenues of $211 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. First Hawaiian shares have added about 6.6% since the beginning of the year versus the S&P 500's gain of 3.8%. While First Hawaiian has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for First Hawaiian was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (S...

This article first appeared on GuruFocus. Avidbank Holdings Inc (NASDAQ:AVBH) is set to release its Q1 2026 earnings on April 27, 2026. The consensus estimate for Q1 2026 revenue is $27.09 million, and the earnings are expected to come in at $0.79 per share. The full year 2026's revenue is expected to be $114.05 million, and the earnings are expected to be $3.39 per share. More detailed estimate data can be found on the forecast page. Warning! GuruFocus has detected 4 Warning Sign with AVBH. Is AVBH fairly valued? Test your thesis with our free DCF calculator. Revenue estimates for Avidbank Holdings Inc (NASDAQ:AVBH) have increased from $105.01 million to $114.05 million for the full year 2026 and increased from $119.11 million to $127.05 million for 2027 over the past 90 days. Earnings estimates have increased from $3.15 per share to $3.39 per share for the full year 2026 and increased from $3.57 per share to $3.88 per share for 2027 over the past 90 days. In the previous quarter of December 31, 2025, Avidbank Holdings Inc's (NASDAQ:AVBH) actual revenue was $25.01 million, which beat analysts' revenue expectations of $24.95 million by 0.25%. Avidbank Holdings Inc's (NASDAQ:AVBH) actual earnings were $0.65 per share, which missed analysts' earnings expectations of $0.75 per share by -13.68%. After releasing the results, Avidbank Holdings Inc (NASDAQ:AVBH) was up by 5.47% in one day. Based on the one-year price targets offered by four analysts, the average target price for Avidbank Holdings Inc (NASDAQ:AVBH) is $34.50, with a high estimate of $35.00 and a low estimate of $33.00. The average target implies an upside of 13.37% from the current price of $30.43. Based on GuruFocus estimates, the estimated GF Value for Avidbank Holdings Inc (NASDAQ:AVBH) in one year is $6.62, suggesting a downside of -78.25% from the current price of $30.43. Based on the consensus recommendation from four brokerage firms, Avidbank Holdings Inc's (NASDAQ:AVBH) average brokerage recommendation is currently 1.8, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Hanmi Financial (HAFC) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.58 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +6.13%. A quarter ago, it was expected that this bank holding company would post earnings of $0.71 per share when it actually produced earnings of $0.7, delivering a surprise of -1.41%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Hanmi Financial, which belongs to the Zacks Banks - West industry, posted revenues of $71.74 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.83%. This compares to year-ago revenues of $62.82 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Hanmi Financial shares have added about 4.4% since the beginning of the year versus the S&P 500's gain of 3.9%. While Hanmi Financial has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Hanmi Financial was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank...