Avidia Bancorp, Inc.
- AVBC ยท NYSE
- Savings Institutions, Not Federally Chartered
- Hudson, MA
- 241 employees
- CIK 0002058758
Updated from SEC filings through
Top things to know
Executives
- Robert D. Cozzone President & CEO 4, 2026-06-01
- Jonathan Michael Nelson CFO and Treasurer 4, 2026-09-03
- Barry H. Jensen EVP and Chief Admin Officer 4, 2026-05-19
- Bartholomew H. Murphy JR EVP & Chief Operating Off 4, 2026-03-19
- Donald J. Frost III EVP- Consumer Banking 4, 2026-10-15
- Thomas Doane EVP- Human Resources 4, 2026-08-19
Avidia Bancorp, Inc. is a U.S. public company in savings institutions, not federally chartered (SIC 6036), headquartered in Hudson, MA. It trades as AVBC on NYSE. Revenue was $131M in the fiscal year ending December 31, 2025, +5.5% from the year before. It reported about 241 employees. Robert D. Cozzone is President & CEO.
Five-year financials
| Metric | FY2025 | FY2024 |
|---|---|---|
| Revenue | $131M 10-K, 2026-03-27 | $124M 10-K, 2026-03-27 |
| Operating income | Not on file | Not on file |
| SG&A | Not on file | Not on file |
| Net income | -$3.3M 10-K, 2026-03-27 | $11.5M 10-K, 2026-03-27 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Robert D. Cozzone President and CEO Avidia Bank | President & CEO | 4, 2026-06-01 |
| Jonathan Michael Nelson EVP and Chief Financial Officer at Avidia Bank | CFO and Treasurer | 4, 2026-09-03 |
| Barry H. Jensen | EVP and Chief Admin Officer | 4, 2026-05-19 |
| Bartholomew H. Murphy JR | EVP & Chief Operating Off | 4, 2026-03-19 |
| Donald J. Frost III | EVP- Consumer Banking | 4, 2026-10-15 |
| Thomas Doane | EVP- Human Resources | 4, 2026-08-19 |
| Nicolas Karmelek | EVP and CRO | 4, 2026-07-30 |
What Avidia Bancorp, Inc. does
These forward-looking statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 20.0 million (as of August 13, 2026) | 10-Q, August 13, 2026 |
|---|---|---|
| Public float | $0 (as of June 30, 2025) | 10-K, March 27, 2026 |
| Latest proxy statement | Meeting September 15, 2026 (filed August 7, 2026) | DEF 14A, August 7, 2026 |
| Auditor | BDMP Assurance, LLP (Portland, Maine) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| November 5, 2026 | Micheal Neil Flanigan Director | Sale | 900 | $21K | Form 4, November 6, 2026 |
| September 18, 2026 | Micheal Neil Flanigan Director | Sale | 5,000 | $112K | Form 4, October 9, 2026 |
| September 14, 2026 | Michael Dennis Murphy Director | Buy | 5,000 | $111K | Form 4, September 16, 2026 |
| September 3, 2026 | Jonathan Michael Nelson CFO and Treasurer | Buy | 4,500 | $100K | Form 4, September 3, 2026 |
| August 26, 2026 | Joseph F. Grimaldo Director | Buy | 5,000 | $110K | Form 4, August 27, 2026 |
| August 17, 2026 | Thomas Doane EVP- Human Resources | Buy | 1,726 | $39K | Form 4, August 19, 2026 |
| August 11, 2026 | Kennedy O. Saul Director | Buy | 5,900 | $128K | Form 4, August 12, 2026 |
| August 11, 2026 | Joseph F. Grimaldo Director | Buy | 4,655 | $100K | Form 4, August 12, 2026 |
Recent 8-K events
- 8-K filed 2026-11-03
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-11-03
- Item 8.01 Other events
- 8-K filed 2026-10-23
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-09-15
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-08-04
- Item 8.01 Other events
- 8-K filed 2026-07-27
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-26
- Item 8.01 Other events
- 8-K filed 2026-05-28
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-04-27
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-02-02
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 8.01 Other events
Frequently asked questions about Avidia Bancorp, Inc.
- What does Avidia Bancorp, Inc. do?
- In its own words, from Item 1 of its 10-K: "These forward-looking statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change."
- What is Avidia Bancorp, Inc.'s revenue?
- $131M for the fiscal year ending December 31, 2025, from its 10-K filed March 27, 2026.
- Is Avidia Bancorp, Inc. profitable?
- Avidia Bancorp, Inc. reported net income of -$3.3M for the fiscal year ending December 31, 2025.
- How many employees does Avidia Bancorp, Inc. have?
- About 241 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Avidia Bancorp, Inc.?
- Robert D. Cozzone, President & CEO, as named in a 4 filed June 1, 2026.
- Who is the CFO of Avidia Bancorp, Inc.?
- Jonathan Michael Nelson, CFO and Treasurer, as named in a 4 filed September 3, 2026.
- Where is Avidia Bancorp, Inc. headquartered?
- Hudson, MA.
- What is Avidia Bancorp, Inc.'s stock ticker?
- AVBC on NYSE.
- What industry is Avidia Bancorp, Inc. in?
- Savings Institutions, Not Federally Chartered, SIC code 6036.
- What is Avidia Bancorp, Inc.'s website?
- avidiabank.com. Investor relations: https://investors.avidiabank.com/overview/default.aspx.
- When does Avidia Bancorp, Inc. report earnings next?
- November 11, 2026. Source: pg_future_events.
- Is Avidia Bancorp, Inc. a public company?
- Yes. Avidia Bancorp, Inc. files with the SEC under CIK 0002058758 and trades as AVBC.
- Who audits Avidia Bancorp, Inc.?
- BDMP Assurance, LLP, Portland, Maine, as named in its latest annual report (10-K).
- How many shares of Avidia Bancorp, Inc. are outstanding?
- 20.0 million shares as of August 13, 2026, from its 10-Q filed August 13, 2026.
- What is Avidia Bancorp, Inc.'s public float?
- $0 as of June 30, 2025, as reported on the cover of its 10-K filed March 27, 2026.
- When is Avidia Bancorp, Inc.'s annual shareholder meeting?
- September 15, 2026, per its proxy statement (DEF 14A) filed August 7, 2026.
- Have Avidia Bancorp, Inc. insiders traded stock recently?
- Since August 6, 2025, officers and directors reported 2 open-market sales worth about $133K and 71 purchases worth about $4.5M on Forms 4 and 5. The most recent: Micheal Neil Flanigan (Director) sold 900 shares on November 5, 2026.