Avidia Bancorp, Inc. — Form 8-K
Filed October 23, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 32/100
What the filing says
Avidia Bancorp reported Q3 2026 net income of $8.6 million ($0.47 per share), up from $7.2 million ($0.39) in Q2 2026. The company authorized a $30 million stock repurchase program and completed $23.8 million in repurchases (1,079,051 shares, 5.4% of outstanding), funded by lower FHLB borrowings. Declared quarterly dividend of $0.06 per share payable November 30, 2026. Net interest margin improved 22 bps to 3.86% (11 bps from loan prepayment penalty), and provision expense decreased 76% to $211 thousand.
Why this rating
Modest earnings growth and capital returns are positive but immaterial relative to $2.8B asset company. Routine quarterly results with standard shareholder distributions.
See more from October 23, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.