Avidia Bancorp, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Robert D. Cozzone
- Full Time Employees
- 250
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 42 Main Street Hudson MA United States of America 01749
- IPO Date
- Aug 1, 2025
- CIK
- 0002058758
- Website
- avidiabank.com
- Similar Companies
- Business
- Avidia Bancorp, Inc. (AVBC) operates as the bank holding company for Avidia Bank, a Massachusetts-chartered mutual community bank that provides a range of retail and commercial banking products and services to individual and business customers in western Middlesex and eastern Worcester counties, Massachusetts. Avidia Bank offers deposit products including savings and checking accounts, certificates of deposit, individual retirement accounts, money market accounts, demand deposits, and interest-bearing and noninterest-bearing checking accounts; lending products such as commercial and industrial loans, one-to-four-family residential mortgages, home equity loans, second mortgages, multi-family mortgages, commercial real estate loans, construction and land loans, consumer loans, land development loans, business term loans, and auto loans; and additional services encompassing payments processing, cash management solutions like Business Manager for accounts receivable financing, e-banking platforms including Business Express Internet Banking, mobile apps, telephone banking, online payroll, and investments in U.S. Treasury, agency, and municipal securities. The bank maintains its corporate headquarters in Hudson, Massachusetts, with nine branches across Hudson (two locations), Clinton, Framingham, Leominster, Marlborough, Northborough, Shrewsbury, and Westborough, targeting the approximately 2.5 million residents of these counties within the Boston-Worcester-Providence combined statistical area. Founded in 1869 through the original charters of Hudson Savings Bank and Westborough Savings Bank, which merged to form Avidia Bank in 2007, the institution went public via an initial public offering on the New York Stock Exchange under the ticker AVBC in August 2025 following a $192 million subscription offering. In June 2024, Avidia Bank partnered with Q2 Holdings and Personetics to modernize its digital banking platform, integrating Q2's digital solutions, Innovation Studio, Marketplace, and Personetics' AI-powered personalization engine for enhanced customer insights, automated savings plans, and fintech-embedded experiences.
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