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Avidbank Holdings Q3 2026 Swings to Net Profit of $10.18 Million From Year-Earlier Loss

PUBT·10/26/2026 20:16:57
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Avidbank Holdings Q3 2026 Swings to Net Profit of $10.18 Million From Year-Earlier Loss
  • Avidbank Holdings swung to third-quarter 2026 net income of $10.18 million from a year-earlier loss.
  • Net interest income climbed 27% year over year to $28.67 million.
  • Net interest margin fell to 4.07% from the second quarter due primarily to higher interest-earning cash from temporary deposit balances.
  • Period-end deposits rose 27% year over year to $2.61 billion at September 30, 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 on October 23, 2026, and is solely responsible for the information contained therein.