Avidbank Holdings, Inc. (AVBH) Form 8-K — Jul 23, 2026
Avidbank Holdings reported second quarter 2026 net income of $7.6 million, or $0.71 per diluted share, a decrease from the prior quarter but an increase from the year-ago period. Results included a $2.6 million litigation settlement expense and $1.3 million in bank-owned life insurance income, which adjusted to $8.2 million or $0.76 per share. The bank demonstrated strong balance sheet growth with period-end loans increasing 9% annualized quarter-over-quarter and 16% year-over-year to $2.22 billion. Deposits grew even faster, rising 22% annualized from the prior quarter to $2.32 billion, driven by increases in interest-bearing demand and brokered deposits.
Key figures
- Eps
- 0.71
- Net Income
- 7600000
- Total Assets
- 2660440000
- Cash Position
- 159909000
- Net Interest Margin
- 4.26%
- Deposits
- 2321948000
- Loans Net
- 2224119000
- Adjusted EPS
- 0.76
- Efficiency Ratio
- 55.41%
- Adjusted Net Income
- 8200000
- Book Value Per Share
- 26.97
- Net Interest Income
- 26700000
- Return On Average Assets
- 1.20%
- Non Performing Loans Ratio
- 0.65%
- Provision For Credit Losses
- 2789000
Price after filing
Close on the filing date to close N calendar days later (from $32.35). Historical, not a forecast.
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