Avidbank Holdings Q3 2026 Swings to Net Income of $10.2 Million From Year-Earlier Loss

• Avidbank Holdings swung to a third-quarter 2026 net profit of $10.2 million from a year-earlier loss.
• Net interest income climbed 27% year over year to $28.7 million.
• Net interest margin declined from the second quarter of 2026 to 4.07%, primarily due to temporarily higher cash balances.
• September-end deposits rose 27% year over year to $2.61 billion, including approximately $270 million from a temporary deposit.
• CEO Mark Mordell expects the temporary client deposit to leave in the fourth quarter of 2026.

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: 0001437749-26-033518), on October 26, 2026, and is solely responsible for the information contained therein.