Avidia Bancorp Reports Q3 Net Income of $8.6 Million
Third-quarter 2026 net income was $8.6 million, or $0.47 per share, up from $7.2 million and $0.39 per share in the prior quarter. Net revenue was $31.2 million, and net interest margin rose to 3.86%, including a benefit from a loan prepayment penalty. Avidia Bancorp declared a $0.06 dividend.
Avidia Bancorp posted net income of $8.6 million for the third quarter of 2026, equal to $0.47 per share. In the prior quarter, net income was $7.2 million, or $0.39 per share. Net revenue totaled $31.2 million. Net interest margin increased to 3.86%, partly reflecting a benefit from a loan prepayment penalty.
The company declared…