Avidia Bancorp, Inc.

Avidia Bancorp, Inc.

AVBC · NYSE · Financial Services / Banks - Regional

22.53USD-0.05 (-0.22%)

Price History

Full chart

Market Stats

Previous Close22.58
Open22.67
Day Range22.31 – 22.95
52-Week Range14.20 – 22.84
Volume94.21K
Market Cap400.65M
P/E (TTM)22.83
Forward P/E14.62
EPS0.95
Dividend Yield0.74%
50-Day Avg21.75
200-Day Avg19.72

About

Avidia Bancorp, Inc. operates as the bank holding company for Avidia Bank that provides various financial services to individual and corporate customers. The company offers savings and checking, certificates of deposit, individual retirement, money market, demand deposit, and interest-bearing and noninterest-bearing checking accounts. It also provides savings, checking, debit cards, credit cards, youth accounts, veterans checking, mobile banking, internet banking, international wires, and health savings and borrowing services, including loans, home equity, mortgages, masshousing homeowner loans, and auto loans. Additionally, the company offers e-banking services, cash management, merchant services, law firm banking, nonprofit banking, and municipal banking services and borrowing services that include commercial loans, commercial mortgage loans, land development loans, business term loans, working capital lines of credit, letters of credit, business manager, dental practice loans, condo association loans, and small business banking partnership services. Further, it offers payments processing services; and invests in liquid assets, including U.S. Treasury securities, U.S. government agency and government-sponsored enterprise securities, mortgage-backed securities, municipal securities, certificates of deposit of federally-insured institutions, and investment grade corporate bonds. Avidia Bancorp, Inc. was founded in 1869 and is headquartered in Hudson, Massachusetts.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Robert D. Cozzone
  • Employees241
  • Headquarters42 Main Street, Hudson, MA, United States, 01749, USA
  • Websitehttps://www.avidiabank.com

Leadership

  • Mr. Robert D. CozzoneCEO, President & Director · b. 1971
  • Mr. Jonathan Michael NelsonExecutive VP, CFO & Treasurer · b. 1981
  • Mr. Bartholomew H. Murphy Jr.Executive VP & COO · b. 1965
  • Mr. Robert W. ConeryExecutive VP & COO · b. 1964
  • Mr. Barry H. JensenExecutive VP & Chief Administrative Officer · b. 1965
  • Mr. Thomas DoaneExecutive Vice President of Human Resources · b. 1974
  • Mr. Donald J. Frost IIIExecutive Vice President of Consumer Banking · b. 1972
  • Mr. Nicolas KarmelekExecutive VP & Chief Risk Officer · b. 1984
  • Linda P. MarroneCorporate Secretary · b. 1964

Financials

Income Statement

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue72.97M87.08M88.85M124.65M140.75M147.61M
Growth (%)-+19.34%+2.03%+40.29%+12.92%+4.87%
Cost of Revenue---41.70M52.25M65.48M
Gross Profit72.97M87.08M88.85M82.94M88.50M82.12M
Gross Margin100.00%100.00%100.00%66.54%62.88%55.64%
Operating Expense00066.43M73.10M87.81M
Operating Income72.97M87.08M88.85M16.51M15.40M-5.68M
Operating Margin100.00%100.00%100.00%13.25%10.94%-3.85%
EBITDA---19.55M18.41M-2.68M
EBITDA Margin---15.68%13.08%-1.82%
Net Income11.69M17.35M8.96M12.44M11.48M-3.29M
Net Income Margin16.02%19.93%10.08%9.98%8.16%-2.23%
Interest Expense---39.79M50.47M44.04M
Interest Expense % of Total Revenue---31.92%35.86%29.84%

Balance Sheet

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.02B2.32B2.48B2.60B2.66B2.84B
Total Liabilities1.85B2.13B2.32B2.42B2.46B2.46B
Total Equity172.26M183.17M161.17M180.80M193.83M378.99M
Cash135.65M310.70M77.85M70.34M62.44M15.90M
Total Debt44.85M62.16M323.91M428.54M352.68M287.81M
Net Debt-90.79M-248.54M246.06M358.20M290.24M271.91M

Cash Flow

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow---15.60M23.22M28.37M
Investing Cash Flow----111.75M-71.09M-
Financing Cash Flow---88.64M39.97M166.22M
Capital Expenditure0003.12M2.77M4.29M
Free Cash Flow---12.48M20.45M24.09M
FCF to OCF---80.02%88.06%84.89%

Earnings

Report DateMay 28, 2025Aug 1, 2025Nov 14, 2025Jan 29, 2026Apr 23, 2026Jul 23, 2026Oct 22, 2026
EPS Estimate0.00--0.300.300.340.38
EPS Actual-0.620.20-0.050.290.320.39-
Surprise----3.33%6.67%14.71%-
Timing---After-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap400.65M
Enterprise Value523.42M
Trailing P/E22.83
Forward P/E14.62
Price / Sales3.70
Price / Book1.03
EPS0.95
Book Value20.95
Revenue (TTM)108.16M
Gross Profit (TTM)108.16M
Profit Margin16.26%
Operating Margin34.36%
Return on Equity6.06%
Return on Assets0.61%
Shares Outstanding18.47M
Shares Float17.54M
Dividend Yield0.74%
Dividend Rate0.16
Payout Ratio16.84%

Ownership Breakdown

Institutions
36.25%
Insiders
12.40%
Retail / Other
51.35%

Top Institutional Holders

  • T. Rowe Price Investment Management,Inc.
    1.20M6.48%
  • Vanguard Capital Management, LLC
    821.98K4.45%
  • FJ Capital Management LLC
    497.26K2.69%
  • BlackRock Inc
    276.51K1.50%
  • Two Sigma Investments LLC
    247.21K1.34%
  • Geode Capital Management, LLC
    219.91K1.19%
  • Hennessy Advisors, Inc.
    157.00K0.85%
  • AllianceBernstein L.P.
    134.88K0.73%
  • Morgan Stanley - Brokerage Accounts
    123.92K0.67%
  • Vanguard Fiduciary Trust Co
    116.30K0.63%
  • Marshall Wace Asset Management Ltd
    100.98K0.55%
  • The Goldman Sachs Group Inc
    98.00K0.53%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    571.05K3.09%
  • T. Rowe Price Small-Cap Value
    510.66K2.76%
  • iShares Russell 2000 ETF
    346.87K1.88%
  • Fidelity Small Cap Index
    193.25K1.05%
  • iShares Russell 2000 Value ETF
    170.56K0.92%
  • Hennessy Small Cap Financial Investor
    157.00K0.85%
  • Northwestern Mutual Ser Small Cap Value
    124.82K0.68%
  • Vanguard Russell 2000 ETF
    105.18K0.57%

Dividends

20263×
0.06Aug 18, 20260.05May 19, 20260.05Feb 17, 2026