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AVBC

Avidia Bancorp, Inc.

AVBC

Avidia Bancorp, Inc. • NYSE
$15.83 ▼ -1.06% (-0.17)
Market Cap $317.81 M
52w High $16.11
52w Low $14.00
Dividend Yield 0%
P/E -56.54
Volume 16.41K
Outstanding Shares 20.08M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $38.408M ▲ $0 ▼ $-907K ▼ -2.361% ▼ $-0.049 ▼ $-1.951M ▼
Q2-2025 $36.173M ▲ $18.831M ▼ $3.872M ▲ 10.704% ▲ $0.19 ▲ $5.763M ▲
Q1-2025 $34.089M ▲ $21.144M ▲ $-11.587M ▼ -33.99% ▼ $-0.58 ▼ $-15.733M ▼
Q2-2024 $33.346M ▼ $17.971M ▲ $2.351M ▼ 7.05% ▼ $0.12 ▼ $3.84M ▼
Q1-2024 $34.727M $17.077M $3.545M 10.208% $0.18 $5.484M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $0 ▼ $2.787B ▼ $2.416B ▼ $371.4M ▲
Q2-2025 $481.06M ▲ $2.958B ▲ $2.766B ▲ $191.426M ▲
Q1-2025 $249.515M ▲ $2.707B ▲ $2.521B ▲ $186.057M ▲
Q1-2024 $0 $0 $-180.798M $180.798M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $3.872M ▲ $-2.341M ▼ $-15.43M ▲ $243.275M ▲ $225.504M ▲ $-3.308M ▲
Q1-2025 $-11.587M ▼ $-2.227M ▼ $-45.134M ▼ $67.999M ▲ $20.638M ▲ $-3.88M ▼
Q2-2024 $2.351M ▼ $-589K ▼ $-13.279M ▲ $18.799M ▼ $4.931M ▲ $-1.444M ▼
Q1-2024 $3.545M $1.366M $-29.098M $26.523M $-1.209M $1.083M

Five-Year Company Overview

Income Statement

Income Statement Revenue has been climbing over the past few years, but profits have not kept pace. The core banking margin looks fairly steady, yet operating profits have shrunk compared with earlier years, suggesting higher costs, pressure on loan spreads, or spending on growth initiatives. Net income remains positive but modest, which points to a business that is stable rather than highly profitable at this stage. Recent earnings per share dipped slightly, hinting at some pressure on per-share profitability as the bank invests or as funding costs rise.

Balance Sheet

Balance Sheet The balance sheet shows a bank that has expanded its asset base consistently, building a larger loan and securities portfolio over time. Equity has inched up, which is a positive sign for long‑term resilience, but borrowings have grown faster than cash, meaning the bank is leaning more on wholesale funding or other debt-like sources. Cash levels are lower than a few years ago, when there was a notable liquidity cushion, suggesting that excess liquidity has been deployed into earning assets. Overall, the profile looks like a growing regional bank with higher leverage that will need careful risk and funding management through the cycle.

Cash Flow

Cash Flow Core cash flow from operations has turned consistently positive in the most recent years, which supports the idea that earnings quality is reasonable, not just an accounting outcome. Free cash flow is also positive, implying that the bank is able to fund its growth and technology investments largely from internal resources rather than relying solely on new capital. Reported capital spending appears light, which is typical for a bank where most investment is in technology, people, and systems rather than physical assets. The limited longer‑term history makes it harder to judge how cash generation holds up in a downturn, so there is some uncertainty around cyclicality.

Competitive Edge

Competitive Edge Avidia operates as a tech‑forward community and regional bank, combining local relationships with capabilities usually associated with much larger institutions. Its early move into real‑time payments, advanced treasury services, and Banking‑as‑a‑Service positions it as a partner of choice for fintech firms and specialized business clients. The bank’s focus on niche segments—such as condo associations, dental practices, and cannabis‑related businesses—gives it expertise that is not easy for generic competitors to replicate. At the same time, it still competes in a crowded New England banking market, where pricing pressure, deposit competition, and regulatory oversight remain ongoing challenges.

Innovation and R&D

Innovation and R&D Instead of building everything in‑house, Avidia has leaned on a network of fintech partners to modernize quickly—covering digital banking, AI‑driven customer insights, cloud payments, and CRM automation. This partnership model lets the bank offer sophisticated tools, such as personalized financial guidance, rapid payments, and integrated cash‑management platforms, without the heavy fixed costs of a big‑bank tech stack. The new CRM and AI capabilities could become powerful engines for better cross‑selling and risk management if execution is strong. Key uncertainties are integration risk, dependence on third‑party vendors, and the need to keep up with rapid shifts in technology and regulation around data and payments.

Summary

Avidia Bancorp looks like a growing, moderately profitable regional bank that is trying to differentiate itself more through technology and partnerships than through scale alone. Financially, it shows steady asset growth and stable but not spectacular profitability, with rising leverage that will require disciplined credit and funding risk control. Strategically, its mix of community banking roots, fintech partnerships, and niche business focus provides a distinct identity and potential growth avenues beyond traditional lending. The main questions ahead are whether the bank can turn its innovation and Banking‑as‑a‑Service strategy into stronger and more durable earnings, and how well it navigates credit, interest‑rate, and regulatory cycles while integrating multiple advanced technology platforms.

NEWS

October 23, 2025 · 4:30 PM UTC

Avidia Bancorp, Inc. Reports Third Quarter 2025 Financial Results

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September 25, 2025 · 4:30 PM UTC

Avidia Bancorp, Inc. Appoints Michael Gilles to Board of Directors

Read more