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- Avidia Bancorp’s third-quarter 2026 net income rose 20% from the prior quarter to $8.6 million, benefiting from higher loan yields and lower provisions. * Net interest income climbed 6% from the prior quarter to $25.5 million, while total net revenue increased to $31.16 million. * Provision expense for credit losses dropped 76% from the prior quarter to $211,000. * Share repurchases totaled $23.8 million through September 30 under a $30 million authorization. * A quarterly cash dividend of $0.06 per share is payable about November 30, 2026, to stockholders of record November 17. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avidia Bancorp Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202610221630BIZWIRE_USPR_____20261022_BW095052) on October 22, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)
