Avidia Bancorp, Inc. (AVBC) AI Stock Analysis

• Market Cap: $369.20M
• Dividend Yield: N/A
• Average Volume (3M): 57.93K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.39
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 250
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): N/A
• Shares Outstanding: 20,076,250
• 10 Day Avg. Volume: 59,469
• 30 Day Avg. Volume: 57,932
• PEG Ratio: -3.17
• Price to Book (P/B): 1.52
• Price to Sales (P/S): 2.15
• P/FCF Ratio: 14.37
• Enterprise Value/Market Cap: 1.48
• Enterprise Value/Revenue: 3.85
• Enterprise Value/Gross Profit: 7.16
• Enterprise Value/Ebitda: -97.24
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: $20.00 ▲(18.13% Upside)

Avidia Bancorp, Inc. receives a moderate overall stock score. The company's stable financial performance, despite some concerns about revenue and cash flow growth, is a key factor. Positive technical indicators suggest a bullish trend, although caution is advised due to overbought signals. The recent board appointment is a strategic positive, enhancing the company's governance and operational capabilities. However, the lack of valuation data limits a comprehensive assessment.

Positive Factors

Reduced leverage / stronger balance sheet

Lower leverage improves financial flexibility and reduces funding and regulatory risk. A declining debt-to-equity ratio strengthens capital resilience, giving the bank capacity to absorb losses, support loan growth and meet regulatory capital requirements over multiple quarters.

Core-deposit funded loan growth / NIM expansion

Commercial loan growth financed by core deposits supports sustainable net interest income expansion without higher-cost wholesale funding. A dependable deposit franchise lowers funding costs, helping preserve margins and support durable earnings power as lending volumes scale.

Board strengthening / governance

Adding experienced risk and finance leadership can materially improve strategic oversight, capital deployment and risk controls. Stronger board governance bolsters long-term risk management, credit decision quality and regulatory navigation, supporting sustainable operations.

Negative Factors

Stagnant revenue growth

Flat revenue constrains scalability and limits the firm's ability to leverage fixed costs into higher profits. Over several quarters, stagnant top-line growth pressures margins, reduces reinvestment capacity and hinders long-term earnings compounding for shareholders.

Declining profitability margins

Compression in gross and net margins reduces the bank's earnings buffer against loan losses and rising costs. Persistently lower margins will pressure return on equity and limit ability to fund growth or dividends, weakening resilience during economic stress.

Weak cash conversion and stagnant FCF growth

Poor conversion of earnings into operating cash limits internal funding for loan growth, dividends and capital needs. Stagnant free cash flow growth increases reliance on external funding or equity, reducing financial flexibility and potentially raising funding costs over time.

Avidia Bancorp, Inc. Business Overview & Revenue Model

Company Description

Avidia Bancorp, Inc. operates as the bank holding company for Avidia Bank that provides various financial services to individual and corporate customers. It provides savings and checking, certificate of deposit, individual retirement, money market, demand deposit, and interest-bearing and noninterest-bearing checking accounts. The company also offers commercial and industrial loans, one-to four-family residential mortgage loans, home equity loans and second mortgage loans, multi-family mortgage loans, commercial real estate loans, construction and land loans, and consumer loans, as well as land development, business term, and auto loans. In addition, it provides payments processing services, invests in securities, primarily of U.S. Treasury securities, U.S. Government agency securities, and municipal securities. The company was founded in 1869 and is headquartered in Hudson, Massachusetts.

How the Company Makes Money

Avidia Bancorp generates revenue primarily through interest income and non-interest income. Interest income is derived from the interest earned on loans, including commercial, residential, and consumer loans, as well as interest from investment securities. Non-interest income includes fees from various banking services, such as account maintenance, transaction fees, and wealth management services. The bank also earns income from mortgage origination and servicing. Avidia Bancorp's revenue model is supported by a strong customer base and effective management of interest rate risk, while partnerships with local businesses and community organizations help enhance its service offerings and customer engagement.

Avidia Bancorp, Inc. Financial Statement Overview

Summary

Avidia Bancorp, Inc. demonstrates a stable financial position with some areas of concern. While the company shows operational efficiency and reduced leverage, stagnant revenue and cash flow growth could pose challenges. The balance sheet improvements are a positive sign, but the decline in profitability metrics warrants attention. Overall, the company maintains a moderate financial standing with potential for improvement.

Income Statement

Avidia Bancorp, Inc. shows a moderate income statement performance. The gross profit margin decreased slightly from 66.54% to 61.73%, indicating a reduction in profitability. The net profit margin also declined from 9.98% to 8.41%, reflecting a decrease in net income relative to revenue. However, the company maintained stable EBIT and EBITDA margins, suggesting operational efficiency. Revenue growth was stagnant, which could be a concern for future profitability.

Balance Sheet

The balance sheet of Avidia Bancorp, Inc. indicates a strong equity position with a debt-to-equity ratio improving from 2.37 to 1.82, showing reduced leverage. Return on equity decreased from 6.88% to 5.92%, suggesting a decline in profitability from shareholders' equity. The equity ratio is not provided, but the overall balance sheet shows improved stability with reduced debt levels.

Cash Flow

Cash flow analysis reveals a mixed performance. The free cash flow to net income ratio improved from 80.02% to 88.06%, indicating better cash conversion from earnings. However, the operating cash flow to net income ratio remains low, suggesting potential challenges in converting income to cash. Free cash flow growth was stagnant, which could impact future liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	141.60M	136.52M	124.65M	88.85M	87.08M	72.97M
Gross Profit	76.15M	84.27M	82.94M	88.85M	87.08M	72.97M
EBITDA	-5.61M	18.41M	19.55M	0.00	0.00	0.00
Net Income	-5.11M	11.48M	12.44M	8.96M	17.35M	11.69M
Balance Sheet
Total Assets	2.79B	2.66B	2.60B	2.48B	2.32B	2.02B
Cash, Cash Equivalents and Short-Term Investments	290.47M	329.37M	318.83M	77.85M	310.70M	135.65M
Total Debt	287.78M	352.68M	428.54M	323.91M	62.16M	44.85M
Total Liabilities	2.41B	2.46B	2.42B	2.32B	2.13B	1.85B
Stockholders Equity	372.04M	193.83M	180.80M	161.17M	183.17M	172.26M
Cash Flow
Free Cash Flow	35.24M	20.45M	12.48M	0.00	0.00	0.00
Operating Cash Flow	39.46M	23.22M	15.60M	0.00	0.00	0.00
Investing Cash Flow	-80.78M	-71.09M	-111.75M	0.00	0.00	0.00
Financing Cash Flow	95.06M	39.97M	88.64M	0.00	0.00	0.00

Avidia Bancorp, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HFBL	78 Outperform	$56.30M	10.77	8.21%	3.21%	0.32%	37.93%
BOTJ	73 Outperform	$85.87M	10.85	10.86%	2.18%	6.17%	-6.13%
FUSB	72 Outperform	$84.48M	14.65	5.50%	2.08%	1.03%	-35.72%
AUBN	69 Neutral	$86.85M	11.98	8.22%	4.16%	24.17%	739.42%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
AVBC	67 Neutral	$369.20M	-69.84	―	―	―	―
GLBZ	44 Neutral	$12.93M	491.89	0.09%	―	5.76%	-72.73%