Avidbank Holdings (AVBH) Company Report

Avidbank Holdings, Inc. reported net income of $6.9 million or $0.65 per diluted share for Q4 2025, and adjusted net income of $24.9 million or $2.80 per diluted share for the full year 2025.
The company achieved significant balance sheet growth in Q4 2025, with loans increasing $190 million for the quarter and $283 million for the year (15% annualized growth), and deposits rising $92 million for the quarter and $241 million for the year (13% growth).
Net Interest Margin (NIM) expanded to 4.13% in Q4 2025 from 3.90% in Q3, despite a $726,000 interest reversal from non-performing loans.
Non-performing assets increased due to two construction loans and one sponsor finance loan, but management stated they are well collateralized and expect no losses.
For 2026, Avidbank is targeting double-digit loan and deposit growth, aiming for 10%-15% asset growth.

8 days ago

Transcript

Avidbank Holdings Reports Strong Q4 2025 Results and Provides 2026 Outlook

AVBH

Earnings

Guidance Update

Revenue Acceleration/Inflection

Avidbank Holdings reported net income of $6.9 million or $0.65 per diluted share for Q4 2025, with full-year adjusted net income reaching $24.9 million or $2.80.
The company experienced strong growth in Q4 2025, with loans increasing by $190 million and deposits by $92 million, contributing to annualized growth rates of 15% and 13% respectively for the year.
Net Interest Margin (NIM) expanded to 4.13% in Q4 2025 from 3.90% in Q3, despite a $726,000 interest reversal on non-performing loans.
Non-performing assets (NPAs) rose, primarily due to a $16 million construction loan and two other loans, though management stated these are well collateralized and criticized classifieds remained stable.
For 2026, management targets double-digit loan and deposit growth (10%-15%) and anticipates a non-interest expense run rate of $14 million+.

8 days ago

Transcript

AVBH Reports Strong Q4 2025 Growth and Improved Financials

AVBH

Earnings

Guidance Update

Revenue Acceleration/Inflection

Avidbank Holdings (AVBH) reported net income of $6.9 million or $0.65 per diluted share for Q4 2025, with full-year adjusted net income of $24.9 million or $2.80.
The company achieved significant growth in Q4 2025, with loans up $190 million and deposits up $92 million, contributing to a 15% annualized loan growth rate and a 13% deposit growth rate for the year.
Net Interest Margin (NIM) expanded to 4.13% in Q4 2025, up from 3.90% in Q3, and the Adjusted Efficiency Ratio improved to 51.72% from 55.72%.
Non-performing assets (NPAs) increased due to two construction loans and one sponsor finance loan, leading to a $2.8 million provision for credit losses and a $726,000 interest reversal that impacted the margin by 12 basis points.
For 2026, AVBH is targeting double-digit loan and deposit growth (10%-15% asset growth) and expects non-interest expenses to be $14 million+ per quarter.

8 days ago

Transcript

Avidbank (AVBH) Reports Q4 2025 Results with Expanded Net Interest Margin and Loan Growth

AVBH

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

Avidbank (AVBH) reported diluted earnings per share of $0.65 and net income of $6.9 million for the fourth quarter of 2025.
The company's net interest margin expanded to 4.13% in Q4 2025, an increase from 3.90% in the prior quarter and 3.49% in Q4 2024.
Loans increased by $190 million, or 38% annualized, from September 30, 2025, and period-end deposits grew by $137 million, or 27% annualized, over the same period.
Avidbank completed its IPO in August 2025 and repositioned its available-for-sale investment portfolio, which included selling $275 million in securities for a $62.4 million loss.
As of December 31, 2025, nonperforming assets were 0.95% of total assets, and uninsured deposits were reduced to 42% from 85% at December 31, 2022.

8 days ago

Presentation

Avidbank Holdings, Inc. Announces Q4 and Full Year 2025 Financial Results

AVBH

Earnings

New Projects/Investments

Avidbank Holdings, Inc. reported net income of $6.9 million, or $0.65 per diluted share, for the fourth quarter of 2025, a significant improvement from a net loss of $37.7 million, or ($4.12) per diluted share, in the third quarter of 2025. For the full year 2025, the company reported a net loss of $19.6 million, or ($2.25) per diluted share, which included a $62.4 million loss on the sale of available-for-sale securities.
The company's net interest margin expanded to 4.13% in the fourth quarter of 2025, compared to 3.90% in the third quarter of 2025 and 3.49% in the fourth quarter of 2024. Return on average assets was 1.12% for the fourth quarter of 2025, compared to (6.35%) in the third quarter of 2025.
Period-end loans, net of deferred loan fees, increased by $189.9 million (38% annualized) from September 30, 2025, reaching $2.15 billion at December 31, 2025. Period-end deposits increased by $136.9 million (27% annualized) from September 30, 2025, totaling $2.19 billion at December 31, 2025.
Non-performing assets to total assets increased to 0.95% as of December 31, 2025, up from 0.12% at September 30, 2025, primarily due to the downgrade of two well-collateralized construction loans and one commercial loan.
In August 2025, the company completed an initial public offering (IPO), issuing 3,001,500 shares for $61.3 million in net proceeds, and repositioned its securities portfolio by selling $274.7 million in available-for-sale securities.

Jan 29, 2026, 9:05 PM

8-K

Avid Bank Holdings Reports Q3 2025 Results and Details IPO Impact

AVBH

Earnings

New Projects/Investments

Guidance Update

Avid Bank Holdings (AVBH) completed its initial public offering (IPO) on August 8, 2025, issuing just over 3,000,000 shares at $23 per share and generating $61,300,000 in net proceeds.
For Q3 2025, the company reported a GAAP net loss of $37,700,000, primarily due to a $62,400,000 pretax loss from selling $275,000,000 in available-for-sale securities as part of a portfolio repositioning. Excluding this charge, adjusted net income was $6,700,000 or $0.72 per share.
The net interest margin expanded to 3.9% in Q3 2025, up from 3.6% in Q2, with expectations to exceed 4.1% in Q4 due to the full impact of the securities repositioning.
The company achieved loan growth of $46,000,000 (10% annualized) and deposit growth of $72,000,000 (15% annualized) in Q3 2025, including a $58,000,000 increase in average non-interest bearing deposits.
Credit quality remained strong, with nonperforming assets (NPAs) at 12 basis points and criticized loans declining to 148 basis points from 187 basis points in Q2. Consolidated total risk-based capital improved to 13.48% from 12.76% in Q2.

Oct 24, 2025, 3:00 PM

Transcript

AVBH Announces Q3 2025 Results, Details IPO and AFS Portfolio Repositioning

AVBH

Earnings

New Projects/Investments

Revenue Acceleration/Inflection

AVBH completed its Initial Public Offering (IPO) in August 2025, raising $61.3 million in net proceeds.
In Q3 2025, the company repositioned its available-for-sale (AFS) securities portfolio, selling $275 million in AFS securities for a pre-tax loss of $62.4 million and reinvesting $163 million.
These strategic actions led to an immediate improvement in profitability and a strengthened capital position, with the net interest margin expanding to 3.90% in Q3 2025, up from 3.60% in Q2 2025.
Excluding the loss from the sale of AFS securities, the adjusted return on average assets improved to 1.13% in Q3 2025, compared to 1.00% in Q2 2025.
The total risk-based capital ratio improved to approximately 13.48% at September 30, 2025, from 12.76% at June 30, 2025.

Oct 24, 2025, 3:00 PM

Presentation

Avidbank Holdings, Inc. Reports Q3 2025 Results Following IPO and Strategic Repositioning

AVBH

Earnings

New Projects/Investments

Guidance Update

Avidbank Holdings, Inc. (AVBH) completed its initial public offering (IPO) on August 8, 2025, generating $61.3 million in net proceeds. This enabled a strategic repositioning of its securities portfolio, involving the sale of $275 million in available-for-sale securities at a pre-tax loss of $62.4 million, leading to a GAAP net loss of $37.7 million for Q3 2025.
Excluding the security sale charge, adjusted net income was $6.7 million, or $0.72 per share, with the net interest margin expanding to 3.90% in Q3 2025, up from 3.60% in Q2, and is projected to be over 4% in Q4.
Core operations in Q3 2025 showed loan growth of $46 million (10% annualized) and deposit growth of $72 million (15% annualized), significantly driven by a $58 million increase in non-interest-bearing deposits.
Credit quality remains robust, with non-performing assets at 14 basis points, and the company's consolidated total risk-based capital improved to 13.48% post-IPO.

Oct 24, 2025, 3:00 PM

Transcript

Avidbank Holdings, Inc. Reports Q3 2025 Earnings and IPO Completion

AVBH

Earnings

New Projects/Investments

Guidance Update

Avidbank Holdings, Inc. completed its initial public offering (IPO) on August 8, 2025, generating $61.3 million in net proceeds.
The company reported a GAAP net loss of $37.7 million for Q3 2025, primarily due to a $62.4 million pre-tax loss from strategically repositioning its securities portfolio. Excluding this charge, adjusted net income was $6.7 million, or $0.72 per share.
This repositioning contributed to a margin expansion to 3.90% in Q3 2025, up from 3.60% in Q2, with expectations for the margin to exceed 4% in the fourth quarter.
Q3 2025 saw loan growth of $46 million (10% annualized) and deposit growth of $72 million (15% annualized), with strong pipelines expected to continue into Q4.
Credit quality remained robust, with non-performing assets at 14 basis points and consolidated total risk-based capital improving to 13.48%.

Oct 24, 2025, 3:00 PM

Transcript

Avidbank Holdings, Inc. Reports Q3 2025 Results, Completes IPO and Strategic Repositioning

AVBH

Earnings

Guidance Update

New Projects/Investments

Avidbank Holdings, Inc. completed its initial public offering (IPO) on August 8, 2025, netting approximately $61 million.
The company undertook a strategic repositioning of its investment portfolio, selling $275 million in available-for-sale securities, which resulted in a pre-tax loss of $62.4 million and a GAAP net loss of $37.7 million for Q3 2025. Excluding this charge, adjusted net income was $6.7 million, or $0.72 per share.
This repositioning led to an immediate expansion of the margin to 3.90% in Q3 2025, up from 3.60% in Q2, with expectations for it to be "well above 4%" in Q4 2025.
Avidbank reported solid core operations in Q3 2025, with loan growth of $46 million (10% annualized) and deposit growth of $72 million (15% annualized).
Credit quality remained strong with non-performing assets at 12 basis points , and consolidated total risk-based capital rose to 13.48%.