Avidia Bancorp (AVBC) Raises Quarterly Dividend 20% to $0.06; 1.2% Yield

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Go back to Avidia Bancorp (AVBC) Raises Quarterly Dividend 20% to $0.06; 1.2% Yield

Avidia Bancorp, Inc. Reports Second Quarter 2026 Financial Results, Increases Quarterly Cash Dividend

July 23, 2026 4:30 PM EDT

HUDSON, Mass.--(BUSINESS WIRE)-- Avidia Bancorp, Inc. (the Company) (NYSE: AVBC), the holding company of Avidia Bank, today reported second quarter 2026 net income of $7.2 million, or $0.39 per share, compared to first quarter 2026 net income of $6.0 million, or $0.32 per share.

The Company also announced a 20% increase in its quarterly cash dividend to $0.06 per share from $0.05 per share, payable on or about August 27, 2026, to stockholders of record as of the close of business on August 18, 2026.

CEO Robert Cozzone stated, Earnings growth of 20% quarter-over-quarter reflected increases in most categories of fee income. Our process improvement strategies contributed to better efficiency,... More