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Avidia Bancorp Q3 Swings to Profit, Revenue Rises

Avidia Bancorp Q3 Swings to Profit, Revenue Rises

MT newswireMT newswire2026/10/22 21:27
05:27 PM EDT, 10/22/2026 (MT Newswires) -- Avidia Bancorp (AVBC) reported Q3 net income late Thursday of $0.47 per diluted share, swinging from a loss of $0.05 a year earlier. Two analysts polled by FactSet expected $0.38. Revenue for the quarter ended Sept. 30, expressed as the sum of net interest income and total noninterest income, was $31.2 million, up from $28.0 million a year earlier. One analyst expected $30.2 million. The company announced a quarterly cash dividend of $0.06 per share, payable on or about Nov. 30 to stockholders as of Nov. 17.
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