Avidia Bancorp Q3 net income rises to $8.6 million, $0.47 per share
Avidia Bancorp, Inc. reported third quarter 2026 net income of $8.6 million, or $0.47 per share, up from $7.2 million, or $0.39 per share, in the second quarter, and total net revenue rose 4% to $31.2 million. The company also declared a $0.06 per share quarterly cash dividend and said it had completed $23.8 million of share repurchases under a $30 million authorization as of September 30. The filing notes that net interest margin included a $692 thousand loan prepayment penalty.
Key points
- Net income of $8.6 million ($0.47 per share) vs. $7.2 million ($0.39 per share) in the prior quarter; the company had a net loss of $907 thousand in the third quarter of 2025
- Total net revenue of $31.2 million, up $1.3 million, or 4%, from the prior quarter
- Quarterly dividend of $0.06 per share, payable on or about November 30, 2026, to holders of record on November 17, 2026
- Share repurchases of $23.8 million completed as of September 30, 2026, against a $30 million authorization
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.