Avidia Bancorp authorized a stock buyback plan to repurchase up to $30 million of common stock.Key Highlights:Original SEC Filing: Avidia Bancorp, Inc. [ AVBC ] - 8-K - Aug. 04, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source…
Avidia Bancorp reported second quarter 2026 net income of $7.17 million, or $0.39 per share, up from $5.996 million ($0.32 per share) in Q1 2026. Total net revenue for the quarter rose to $29.9 million and the company increased its quarterly cash dividend 20% to $0.06 per share, payable around Augu…
Q2 2026 net income rose 20% sequentially to $7.2 million, with improved margins and efficiency. Dividend was raised 20%, and non-interest income saw strong growth, aided by one-time payment processing fees. Asset quality remained stable, and capital ratios improved.Original document: Avidia Bancorp…
