Avidia Bancorp, Inc.
Close on Oct 19, 2026
- Market cap
- $407.77M
- P/E (TTM)
- 23.1
- Dividend yield
- –
About Avidia Bancorp
Savings Institutions, Not Federally Chartered, SIC 6036
Avidia Bancorp, Inc. operates as a bank holding company for Avidia Bank, providing retail and commercial banking products alongside nationwide payment processing services. The company accepts various deposit products, including checking, savings, money market, individual retirement, and certificate of deposit accounts, in addition to health savings accounts. Its lending activities focus on originating and servicing one- to four-family residential mortgages, commercial real estate loans, and commercial and industrial financing, such as condominium association loans. To a lesser degree, it also offers home equity lines, second mortgages, construction loans, multifamily loans, and consumer credit. The institution serves individuals, local businesses, condominium associations, small business merchants, and third-party payment processing entities.
Headquartered in Hudson, Massachusetts, the company operates nine branch offices situated across western Middlesex County and eastern Worcester County in Massachusetts. While its retail branch network concentrates within the western suburbs of the Boston metropolitan area, the company delivers payment processing and health savings account services across the United States.
Summary of the business section of Avidia Bancorp's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Avidia Bancorp, Inc.
- Founded
- 1869
- Headquarters
- Hudson, MA
- Address
- 42 Main Street 01749
- Phone
- (800) 508-2265
- Website
- avidiabank.com
- Employees
- 241, Dec 31, 2025
- Industry
- Savings Institutions, Not Federally Chartered
- Fiscal year ends
- December 31
- Auditor
- BDMP Assurance, LLP, Portland, Maine
Stock & identifiers
- Ticker
- AVBC
- Exchange
- NYSE
- IPO date
- Aug 1, 2025
- Shares outstanding
- 20M, Aug 13, 2026
- Filer category
- <br>Emerging growth company
- SEC CIK
- 2058758
- CUSIP
- 053484101
- ISIN
- US0534841012
- LEI
- K9G90K85RBWD2LAGQX17
- EIN
- 33-4239888
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Robert D. Cozzone | President & CEO, Director | 69,453 |
| Jonathan Michael Nelson | CFO and Treasurer | 41,423 |
| Thomas Doane | EVP- Human Resources | 20,659 |
| Nicolas Karmelek | EVP and CRO | 30,933 |
| Barry H. Jensen | EVP and Chief Admin Officer | 43,196 |
| Bartholomew H. Murphy JR | EVP & Chief Operating Off | 59,440 |
| Robert W. Conery | EVP & Chief Operations Off | 10,117 |
| Donald J. Frost III | EVP- Consumer Banking | 20,000 |
| Kennedy O. Saul | Director | 30,126 |
| Michael R. Girard | Director | 21,051 |
| James N. Ball | Director | 70,076 |
| Michael Dennis Murphy | Director | 103,156 |
| Paul Blazar | Director | 49,411 |
| Michael Neil Flanigan | Director | 62,910 |
| Jeffrey B. Leland | Director | 49,493 |
| Mark O'Connell | Director | 50,076 |
| Carol V. Gallagher | Director | 30,576 |
| Vanessa Candela | Director | 20,176 |
| Joseph F. Grimaldo | Director | 89,731 |
| Michael O. Gilles | Director | 72,472 |
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Nov 14, 2025 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jul 31, 2025 | Listing | Registration of securities on an exchange (Form 8-A) |