Avidia Bancorp Reports Q2 GAAP EPS of $0.39 and Revenue of $29.86M

Avidia Bancorp, Inc. reported second-quarter earnings per share (EPS) of $0.39 under GAAP with revenue reaching $29.86 million. The allowance for credit losses increased to $23.9 million at the end of Q2 compared to $22.8 million in the previous quarter.

By Urvi Shah, SA News Editor · Seeking Alpha ·

Avidia Bancorp Reports Q2 GAAP EPS of $0.39 and Revenue of $29.86M

Tickers: $AVBC

Topics: banking financials

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