Avidia Bancorp, Inc. — Form 8-K
Filed July 27, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 38/100
What the filing says
Avidia Bancorp reported Q2 2026 net income of $7.2 million ($0.39/share), up 20% from Q1 2026's $6.0 million ($0.32/share). The company increased its quarterly cash dividend by 20% from $0.05 to $0.06 per share, payable August 27, 2026. Total assets of $2.78 billion changed modestly (−1% QoQ); loans decreased $24 million to $2.26 billion; deposits grew $7 million to $2.15 billion. Non-interest income surged $1.6 million (+37.7% QoQ) driven by payment processing (+$683K) and customer service fees (+$419K).
Why this rating
Solid earnings growth and dividend raise signal confidence, but modest absolute size (Q2 earnings ~0.26% of $2.78B assets) and flat/declining loan portfolio limit trajectory impact.
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