Welcome to our dedicated page for Avidbank news (Ticker: AVBH), a resource for investors and traders seeking the latest updates and insights on Avidbank stock.
Avidbank Holdings, Inc. reports developments tied to its role as the holding company for Avidbank, a California state-chartered commercial bank. Company updates focus on quarterly earnings, loan and deposit trends, net interest margin, asset quality, capital levels, and balance-sheet management.
The bank's recurring business categories include commercial and industrial lending, venture lending, structured finance, asset-based lending, sponsor finance, fund finance, real estate construction lending, and commercial real estate lending. News also covers completed capital actions, securities portfolio repositioning, investor presentations, and board governance updates following the company's public listing of common stock on Nasdaq.
Avidbank Holdings (NASDAQ: AVBH), the holding company for Avidbank, completed a $30 million private placement of fixed-to-floating rate subordinated notes. According to Avidbank Holdings, net proceeds are expected to be used to repurchase or redeem $22 million of existing callable subordinated notes and for general corporate purposes.
The notes mature on September 1, 2036, pay a fixed 7.00% rate for five years, then reset quarterly at three-month SOFR plus 291 bps. They are callable at the company’s option from September 1, 2031 and are intended to qualify as Tier 2 capital for regulatory purposes.
Avidbank Holdings (NASDAQ: AVBH) announced the formation of a new HOA Banking Solutions vertical, led by newly hired seasoned HOA bankers Kimberly Bohn and Chris Lucas. The initiative targets homeowners associations and their management companies with specialized deposit and treasury management services.
Bohn joins as Senior Vice President, Managing Director, and Lucas as Senior Vice President, Business Development Officer, each bringing 30 years of HOA banking experience, most recently at Heritage Bank of Commerce. According to Avidbank, this team expands and diversifies its deposit franchise and follows the addition of five other senior bankers since its August 2025 IPO.
Avidbank Holdings (NASDAQ: AVBH) appointed Jonathan M. “JD” Dale as President of Avidbank and President of the holding company, effective August 3, 2026. He will report to Chairman and CEO Mark D. Mordell and is part of the board’s long-term succession planning.
Dale, age 48, brings nearly 30 years of commercial banking experience, most recently as Executive Vice President and Regional Executive at Umpqua Bank/Columbia Bank, where he held profit-and-loss responsibility for major regions. He holds an MBA from USC’s Marshall School of Business and completed the Pacific Coast Banking School program.
Avidbank Holdings (NASDAQ: AVBH) reported second quarter 2026 net income of $7.6 million, or $0.71 per diluted share, versus $9.0 million ($0.84) in the first quarter 2026 and $5.8 million ($0.75) a year earlier. Results included a $2.6 million litigation settlement expense and about $1.3 million of bank-owned life insurance death benefit income; adjusted non-GAAP net income was $8.2 million, or $0.76 per diluted share.
Loans rose to $2.22 billion, up $51.3 million from March 31, 2026 and $312.4 million year-over-year, while deposits reached $2.32 billion, up $122.6 million sequentially and $319.2 million year-over-year. Net interest income grew to $26.7 million and net interest margin was 4.26%. Non-performing loans were 0.65% of total loans, book value per share was $26.97, and total assets were $2.66 billion.
Avidbank Holdings (NASDAQ: AVBH) announced the launch of a new Small Business Administration (SBA) Lending division to expand its commercial banking offerings for small and mid-sized businesses. The division will provide government-guaranteed financing for growth, acquisitions, working capital, equipment, real estate, and other eligible needs.
The SBA Lending division is led by Brian Harper/b, Senior Vice President and Managing Director of SBA Lending, who has 34 years of banking experience, including 23 years in SBA lending. The leadership team also includes for SBA business development, Jennifer Zambrano for credit and underwriting, and Karen Campbell for documentation, closing, and servicing. According to Avidbank, this initiative strengthens its specialty lending capabilities and complements its existing commercial banking, treasury management, and specialty deposit services.
Avidbank Holdings (NASDAQ:AVBH) will release its Q2 2026 earnings results after the market closes on Thursday, July 23, 2026. Results and related materials will be available on the company’s website under About Us, Investor Relations.
A conference call and live webcast will follow on Friday, July 24, 2026.
Avidbank (NASDAQ:AVBH) announced strategic hires to support long-term growth across Corporate Banking and Venture Lending. Joe Cook joins as Senior Vice President in Corporate Banking to strengthen the Bay Area presence, while Matt Garrity (SVP) and Shane Weissman (VP) expand Venture Lending coverage from New York City.
Avidbank Holdings (NASDAQ:AVBH) reported Q1 2026 net income of $9.0 million, or $0.84 per diluted share, versus $6.9M ($0.65) in Q4 2025 and $5.4M ($0.71) in Q1 2025. Key metrics: ROAA 1.46%, net interest margin 4.38%, efficiency ratio 50.35%, and book value per share $26.33 as of March 31, 2026.
Loans rose to $2.17B, deposits to $2.2B, allowance for credit losses $20.9M, and the company repurchased 25,000 shares for $693K.
Avidbank Holdings (NASDAQ:AVBH) will release its first quarter 2026 earnings after-market on Monday, April 27, 2026. Investors can view results at the company website under About Us, Investor Relations.
The company will host a conference call on Tuesday, April 28, 2026 at 11:00 a.m. EDT / 8:00 a.m. PDT with US dial-in (800) 715-9871, international +1 (646) 307-1963 and conference ID 1715743; a webcast and audio replay will be available on the investor site.
Avidbank Holdings (NASDAQ:AVBH) announced on March 11, 2026 that Keith Jensen joined its Board of Directors. Mr. Jensen is a four‑decade corporate finance veteran and former CFO with experience at Fortinet and other public and private technology companies.
His background includes equity and debt financings, multinational operations, ERP and SOX implementations, and integration of acquisitions, which the company says will support Avidbank's growth and client-focused strategy.