Net Interest Margin Increased to 3.61% Quarter-over-Quarter
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 23 2026
0mins
Net interest margin increased quarter-over-quarter by 7 basis points to 3.61%. Return on average assets increased quarter-over-quarter by 9 basis points to 0.86%. Efficiency ratio for the quarter was 67.2%. Book value per share and tangible book value per share increased to $19.09 and $18.49, respectively.
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Analyst Views on AVBC
About AVBC
Avidia Bancorp, Inc. is the bank holding company of Avidia Bank. Avidia Bank is a Massachusetts-chartered stock savings bank. The Company's business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations, in commercial and industrial loans, one-to four-family residential mortgage loans, and commercial real estate loans. Its commercial and industrial loan portfolio includes condominium association loans, dental practice loans, and solar plant loans, among others. It also invests in securities, primarily of United States Treasury securities, United States Government agency securities and municipal securities. The Company offers a variety of deposit accounts, including certificate of deposit accounts, IRAs, money market accounts, savings accounts, demand deposit accounts and interest-bearing and noninterest-bearing checking accounts. The Company also offers Health Savings Accounts (HSAs) nationwide.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Avidia Bancorp Reports Q1 Revenue of $28.3 Million
- Q1 Financial Performance: Avidia Bancorp, Inc. reported a revenue of $28.3 million for Q1 2023, indicating a stable performance in the market, maintaining good revenue levels despite economic challenges.
- Dividend Performance Assessment: The dividend scorecard for Avidia Bancorp reflects the company's stability in dividend payments, showcasing its ongoing commitment to shareholder returns, which may attract more investor interest.
- Market Information Transparency: The financial information released by the company provides investors with a clear overview of its performance, enhancing market confidence in its future growth potential, especially in the current economic climate.
- Strategic Development Direction: Avidia Bancorp's financial performance and dividend policy suggest a continued focus on sustainable growth and enhancing shareholder value, which could influence its long-term investment appeal.
See More
Avidia Bancorp Declares Quarterly Dividend of $0.05
- Quarterly Dividend Announcement: Avidia Bancorp, Inc. has declared a quarterly dividend of $0.05 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability, which enhances investor confidence.
- Yield Information: The forward yield of this dividend stands at 0.98%, reflecting the company's attractiveness in the current market environment, potentially drawing in more investors seeking stable returns.
- Payment Schedule: The dividend is payable on May 28, with a record date of May 19 and an ex-dividend date also on May 19, ensuring shareholders receive their earnings in a timely manner.
- Market Reaction Expectations: Avidia Bancorp's dividend policy may positively impact its stock price, particularly in the financial sector where stable dividends are often seen as a sign of company health, potentially attracting more institutional investors.
See More
Avidia Bancorp Reports Q1 Earnings Beat Expectations
- Strong Earnings Performance: Avidia Bancorp reported a Q1 GAAP EPS of $0.32, beating expectations by $0.02, indicating a sustained enhancement in profitability and reflecting robust financial management and market competitiveness.
- Significant Revenue Growth: The company achieved Q1 revenue of $28.27 million, representing a 23.2% year-over-year increase, primarily driven by strong performance in loan and deposit activities, showcasing the expansion of its business and customer base.
- Positive Market Reaction: The earnings beat is likely to positively impact Avidia Bancorp's stock price, attracting more investor attention and enhancing the company's market recognition and investment appeal.
- Healthy Financial Position: The continuous revenue growth and improved profitability suggest a solid foundation for future financial stability and sustainable development, potentially supporting subsequent strategic investments and expansions.
See More
Avidia Bancorp Q4 Earnings Miss Expectations
- Earnings Performance: Avidia Bancorp reported a Q4 GAAP EPS of $0.29, missing expectations by $0.01, indicating potential pressure on profitability that may affect investor confidence.
- Revenue Figures: The company reported revenue of $27.32 million, and while specific comparisons to expectations were not provided, this figure may reflect fluctuations in market demand, impacting future financial performance.
- Market Reaction: Given the earnings miss, Avidia Bancorp's stock price may face downward pressure, prompting investors to monitor subsequent market dynamics and the company's response strategies.
- Future Outlook: Analyst quant ratings on Avidia Bancorp suggest a cautious market sentiment regarding its future performance, necessitating close attention to the company's forthcoming financial guidance and strategic adjustments.
See More
Insider Buying Update for Tuesday, December 2: ABR, AVBC
Arbor Realty Trust Insider Purchase: Director William C. Green bought 12,800 shares of ABR for $115,456 at $9.02 each, while shares are currently trading lower at $8.77, 2.7% below his purchase price.
Avidia Bancorp Insider Purchase: Director James N. Ball purchased 5,000 shares of Avidia Bancorp for $80,656 at $16.13 each, marking his first buy in the past year, and is currently up 2.1% based on today's trading high of $16.47.
See More
Insider Buying Update for Monday, September 22: NRGV, AVBC
Energy Vault Holdings Insider Activity: Director Larry Paulson purchased 20,000 shares of NRGV at $2.40 each, totaling $47,998, and is currently up 31.3% based on a trading high of $3.15.
Avidia Bancorp Insider Activity: EVP Barry H. Jensen bought 2,500 shares of Avidia Bancorp for $39,625 at $15.85 each, with previous investments totaling $253,559 at an average of $14.49 per share.
See More
Avidia Bancorp Reports Q1 Revenue of $28.3 Million
- Q1 Financial Performance: Avidia Bancorp, Inc. reported a revenue of $28.3 million for Q1 2023, indicating a stable performance in the market, maintaining good revenue levels despite economic challenges.
- Dividend Performance Assessment: The dividend scorecard for Avidia Bancorp reflects the company's stability in dividend payments, showcasing its ongoing commitment to shareholder returns, which may attract more investor interest.
- Market Information Transparency: The financial information released by the company provides investors with a clear overview of its performance, enhancing market confidence in its future growth potential, especially in the current economic climate.
- Strategic Development Direction: Avidia Bancorp's financial performance and dividend policy suggest a continued focus on sustainable growth and enhancing shareholder value, which could influence its long-term investment appeal.
See More
Avidia Bancorp Declares Quarterly Dividend of $0.05
- Quarterly Dividend Announcement: Avidia Bancorp, Inc. has declared a quarterly dividend of $0.05 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability, which enhances investor confidence.
- Yield Information: The forward yield of this dividend stands at 0.98%, reflecting the company's attractiveness in the current market environment, potentially drawing in more investors seeking stable returns.
- Payment Schedule: The dividend is payable on May 28, with a record date of May 19 and an ex-dividend date also on May 19, ensuring shareholders receive their earnings in a timely manner.
- Market Reaction Expectations: Avidia Bancorp's dividend policy may positively impact its stock price, particularly in the financial sector where stable dividends are often seen as a sign of company health, potentially attracting more institutional investors.
See More
Avidia Bancorp Reports Q1 Earnings Beat Expectations
- Strong Earnings Performance: Avidia Bancorp reported a Q1 GAAP EPS of $0.32, beating expectations by $0.02, indicating a sustained enhancement in profitability and reflecting robust financial management and market competitiveness.
- Significant Revenue Growth: The company achieved Q1 revenue of $28.27 million, representing a 23.2% year-over-year increase, primarily driven by strong performance in loan and deposit activities, showcasing the expansion of its business and customer base.
- Positive Market Reaction: The earnings beat is likely to positively impact Avidia Bancorp's stock price, attracting more investor attention and enhancing the company's market recognition and investment appeal.
- Healthy Financial Position: The continuous revenue growth and improved profitability suggest a solid foundation for future financial stability and sustainable development, potentially supporting subsequent strategic investments and expansions.
See More
Avidia Bancorp Q4 Earnings Miss Expectations
- Earnings Performance: Avidia Bancorp reported a Q4 GAAP EPS of $0.29, missing expectations by $0.01, indicating potential pressure on profitability that may affect investor confidence.
- Revenue Figures: The company reported revenue of $27.32 million, and while specific comparisons to expectations were not provided, this figure may reflect fluctuations in market demand, impacting future financial performance.
- Market Reaction: Given the earnings miss, Avidia Bancorp's stock price may face downward pressure, prompting investors to monitor subsequent market dynamics and the company's response strategies.
- Future Outlook: Analyst quant ratings on Avidia Bancorp suggest a cautious market sentiment regarding its future performance, necessitating close attention to the company's forthcoming financial guidance and strategic adjustments.
See More
Insider Buying Update for Tuesday, December 2: ABR, AVBC
Arbor Realty Trust Insider Purchase: Director William C. Green bought 12,800 shares of ABR for $115,456 at $9.02 each, while shares are currently trading lower at $8.77, 2.7% below his purchase price.
Avidia Bancorp Insider Purchase: Director James N. Ball purchased 5,000 shares of Avidia Bancorp for $80,656 at $16.13 each, marking his first buy in the past year, and is currently up 2.1% based on today's trading high of $16.47.
See More
Insider Buying Update for Monday, September 22: NRGV, AVBC
Energy Vault Holdings Insider Activity: Director Larry Paulson purchased 20,000 shares of NRGV at $2.40 each, totaling $47,998, and is currently up 31.3% based on a trading high of $3.15.
Avidia Bancorp Insider Activity: EVP Barry H. Jensen bought 2,500 shares of Avidia Bancorp for $39,625 at $15.85 each, with previous investments totaling $253,559 at an average of $14.49 per share.
See More
