Avidbank Holdings reported third-quarter 2026 net income of $10.2 million, or $0.94 per diluted share, compared to a loss of $37.7 million in the prior-year period and $7.6 million in the second quarter. The company saw loans grow by $58.4 million to $2.28 billion and deposits increase by $290.1 million to $2.61 billion, driven largely by a temporary large client deposit. Net interest margin was 4.07%, while return on average equity reached 13.43%. The firm also redeemed $22.0 million of callable subordinated notes and issued $30.0 million in new fixed-rate subordinated notes due 2036. Avidbank Holdings operates as a holding company for a California state-chartered bank specializing in commercial, venture, and real estate lending.
