Avidia Bancorp (NYSE:AVBC) Issues Earnings Results, Beats Expectations By $0.05 EPS

Posted by on Jul 25th, 2026

Avidia Bancorp (NYSE:AVBC – Get Free Report) released its earnings results on Thursday. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.05, Zacks reports. The firm had revenue of $29.87 million for the quarter, compared to analyst estimates of $28.79 million. Avidia Bancorp had a return on equity of 4.65% and a net margin of 11.51%.

Avidia Bancorp Price Performance

Shares of Avidia Bancorp stock opened at $21.73 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.61. The firm’s fifty day simple moving average is $20.00. Avidia Bancorp has a 1 year low of $14.00 and a 1 year high of $22.75. The firm has a market cap of $436.25 million and a P/E ratio of 22.87.

Avidia Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Tuesday, August 18th will be paid a dividend of $0.06 per share. The ex-dividend date is Tuesday, August 18th. This represents a $0.24 annualized dividend and a dividend yield of 1.1%. This is an increase from Avidia Bancorp’s previous quarterly dividend of $0.05. Avidia Bancorp’s dividend payout ratio is presently 21.05%.

Insiders Place Their Bets

In related news, EVP Nicolas Karmelek bought 1,220 shares of Avidia Bancorp stock in a transaction dated Tuesday, April 28th. The shares were bought at an average cost of $20.76 per share, with a total value of $25,327.20. Following the acquisition, the executive vice president owned 7,705 shares in the company, valued at $159,955.80. This trade represents a 18.81% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Chairman Michael Dennis Murphy purchased 1,850 shares of Avidia Bancorp stock in a transaction that occurred on Tuesday, April 28th. The shares were purchased at an average price of $20.94 per share, for a total transaction of $38,739.00. Following the transaction, the chairman directly owned 1,850 shares in the company, valued at $38,739. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased a total of 17,261 shares of company stock valued at $349,794 in the last quarter.

Institutional Trading of Avidia Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the stock. Renaissance Technologies LLC acquired a new stake in shares of Avidia Bancorp during the 4th quarter valued at $205,000. OMERS ADMINISTRATION Corp bought a new stake in shares of Avidia Bancorp during the fourth quarter worth about $208,000. Occudo Quantitative Strategies LP bought a new position in Avidia Bancorp in the 4th quarter valued at approximately $227,000. Jane Street Group LLC acquired a new stake in Avidia Bancorp during the 4th quarter worth approximately $260,000. Finally, Commonwealth Equity Services LLC grew its holdings in Avidia Bancorp by 29.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 68,844 shares of the company’s stock worth $1,157,000 after acquiring an additional 15,500 shares during the last quarter.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Seaport Research Partners reissued a “buy” rating and issued a $25.00 price target on shares of Avidia Bancorp in a report on Friday. Weiss Ratings raised shares of Avidia Bancorp from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Avidia Bancorp presently has an average rating of “Sell”.

Get Our Latest Stock Report on AVBC

About Avidia Bancorp

(Get Free Report)

Avidia Bancorp is the bank holding company for Avidia Bank, a community-focused financial institution headquartered in Hudson, Massachusetts. Through its banking subsidiary, the company offers a range of commercial and retail banking services designed to meet the needs of individuals, families and small- to mid-sized businesses in the communities it serves.

Core products and services include personal and business deposit accounts, consumer and commercial lending, residential mortgage and home equity financing, and cash management and payment solutions for businesses.

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