Avidia Bancorp Q1 2026 Results: $2.8B Assets and $0.32 EPS

Avidia Bancorp Reports Q1 2026 Financial Results

Avidia Bancorp (AVBC) released an investor presentation disclosing first quarter 2026 financials, including $2.8 billion in total assets and an annualized EPS of $0.32.

Key Financial Highlights

As of March 31, 2026, Avidia Bancorp reported total loans of $2.3 billion, total deposits of $2.1 billion, and tangible equity of $372 million. Q1 2026 annualized revenue reached $113 million, net income was $6.0 million, and EPS stood at $0.32 (10% Q/Q EPS growth).

Net Interest Margin and Profitability

The net interest margin improved by 7 basis points to 3.61%. Total revenue was $28.3 million (3% Q/Q increase), and return on tangible common equity (ROTCE) improved by 72 basis points to 6.57%.

Strong Capital and Liquidity

The company maintains robust capital ratios: total risk-based capital at 19.7% and CET1 at 17.4%. It also has significant undrawn borrowing capacity.