Investment Thesis
Avidbank Holdings faces critical data integrity concerns and deteriorating fundamentals. Net income collapsed 193% YoY despite 67% revenue growth and a stable balance sheet, indicating either severe operational challenges or material one-time charges. The absence of key banking metrics (interest coverage, efficiency ratios) and implausible profitability margins (8000%+) severely limit analytical confidence.
Strengths
- Zero long-term debt with healthy equity base of $288.4M
- Positive operating and free cash flow of $8.2M
- Substantial asset base of $2.6B indicates established operations
- Strong liquidity position with $149M in cash equivalents
Risks
- Net income declined 193% YoY signaling severe earnings deterioration or prior-year anomalies
- Critical data quality issues: implausible 8000%+ margins, truncated revenue figure, incomplete metrics
- Missing essential banking metrics (interest coverage ratio, efficiency ratio, net interest margin)
- Only 22 of expected metrics available suggests incomplete or corrupted financial reporting
Key Metrics to Watch
- Actual net interest margin and interest coverage ratio trends
- Year-over-year earnings quality and presence of one-time charges
- Complete income statement including non-interest income sources
- Return on assets (ROA) recovery from severely depressed 0.3% level
Financial Metrics
Revenue
101.0K
Net Income
9.0M
EPS (Diluted)
$0.84
Free Cash Flow
8.2M
Total Assets
2.6B
Cash
149.0M
Profitability Ratios
Gross Margin
N/A
Operating Margin
12,316.8%
Net Margin
8,931.7%
ROE
3.1%
ROA
0.3%
FCF Margin
8,153.5%
Balance Sheet & Liquidity
Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.00x
Debt/Assets
88.8%
Interest Coverage
N/A
Long-term Debt
N/A
Disclaimer: This analysis is generated by AI based on publicly available SEC EDGAR filings.
It does not include stock price data and should not be considered financial advice.
All fundamental data is sourced from SEC public domain filings.
Always conduct your own research before making investment decisions.
Data Source: SEC EDGAR |
Analysis Date: 2026-05-14T06:14:56.603626 |
Data as of: 2026-03-31 |
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