Avidia Bancorp

AVBC

Market cap $297M

HUDSON, Mass.--(BUSINESS WIRE)--Avidia Bancorp, Inc. (the “Company”) (NYSE: “AVBC”), the holding company of Avidia Bank, today reported third quarter financial results. Concurrent with the mutual-to-stock conversion of Avidia Bank's former mutual holding company and as described in the prospectus for the Company's initial public offering (“IPO”), the Company made a $10 million, one-time donation, of 900 thousand shares of common stock at a total market value of $9.0 million and a $1.0 million c.

HUDSON, Mass.--(BUSINESS WIRE)--Avidia Bancorp, Inc. (NYSE: AVBC), parent of Avidia Bank, today announced the appointment of Michael “Mike” Gilles to its Board of Directors and to the Board of Directors of Avidia Bank, effective September 25, 2025. “We are thrilled to have Mike join our Board as we transition to a public company. His financial expertise and decades of local community banking experience will be invaluable to Avidia,” said Michael Murphy, Chairman of the Board. “I am delighted to.

Avidia Bancorp: Newly Converted Thrift At A Discount To TBV

HUDSON, Mass.--(BUSINESS WIRE)--Avidia Bancorp, Inc. (the “Company”) (NYSE: “AVBC”), the holding company of Avidia Bank, today reported second quarter financial results of Assabet Valley Bancorp, the former mutual holding company of Avidia Bank. As previously reported, Assabet Valley Bancorp completed its mutual-to-stock conversion transaction effective July 31, 2025, which resulted in the Company completing its initial public offering of shares of its common stock and becoming the stock holdin.

HUDSON, Mass.--(BUSINESS WIRE)--Avidia Bancorp, Inc. (the “Company”), the stock holding company of Avidia Bank, announced today the closing of its initial public offering in connection with the mutual-to-stock conversion of Assabet Valley Bancorp, the former mutual holding company of Avidia Bank, effective as of the close of business today. Listing of the Company's common stock on the New York Stock Exchange under the ticker symbol “AVBC” is expected to begin on August 1, 2025. The Company sold.

HUDSON, Mass.--(BUSINESS WIRE)--Avidia Bancorp, Inc. (the “Company”), the proposed stock holding company of Avidia Bank, announced today that all final regulatory approvals have been received to close the Company's initial public offering in connection with the mutual-to-stock conversion of Assabet Valley Bancorp, the mutual holding company of Avidia Bank. Closing is expected to occur at the close of business on July 31, 2025. Listing of the Company's common stock on the New York Stock Exchange.

HUDSON, Mass.--(BUSINESS WIRE)--Avidia Bancorp, Inc. (the “Company”), the proposed holding company of Avidia Bank, announced today the results of the subscription offering conducted in connection with the mutual-to-stock conversion of Assabet Valley Bancorp, the mutual holding company of Avidia Bank. The subscription offering, which expired on June 17, 2025, was oversubscribed in the first tier by eligible depositors of Avidia Bank as of the close of business on December 31, 2023. Valid subscri.