Avidbank Holdings Q2 FY26 net income falls 15.56% to $7.6 million; net interest margin narrows 12 percentage points to 4.26%

• Avidbank Holdings posted Q2 2026 net income of $7.6 million, down 15.56% from Q1 2026; diluted EPS fell 15.48% to $0.71.
• Results included $2.6 million in litigation settlement expense, partly offset by about $1.3 million of BOLI death-benefit income; non-GAAP adjusted net income was $8.2 million.
• Net interest income rose 3% annualized from Q1 to $26.7 million, while net interest margin narrowed 12 basis points to 4.26% on higher deposit costs.
• Non-interest expense climbed to $16.5 million from $14.1 million, while the provision for credit losses increased to $2.8 million from $1.4 million.
• Period-end loans increased $51.3 million, or 9% annualized, from March 31 to $2.22 billion; deposits grew $122.6 million, or 22% annualized, to $2.32 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avidbank Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-024293), on July 23, 2026, and is solely responsible for the information contained therein.