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Financial statements

Avidia Bancorp, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data Avidia Bancorp, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2025FY2025
Pre-tax income15.4-5.68
Income tax3.92-2.39
Net income11.5-3.29
EPS, basic-0.18
EPS, diluted-0.18
Shares, basic (weighted)18.5
Shares, diluted (weighted)18.5

Balance sheet

FY2025FY2025
Short-term investments46.8130
Property, plant and equipment28.529.2
Lease right-of-use assets6.075.16
Goodwill11.911.9
Total assets2,6572,837
Total liabilities2,4632,458
Paid-in capital0195
Retained earnings215212
Other comprehensive income-21.4-12.8
Shareholders' equity194379
Total equity194379
Total liabilities and equity2,6572,837
Shares outstanding020.1

Cash flow statement

FY2025FY2025
Net income11.5-3.29
Depreciation and amortization2.552.56
Deferred income tax-0.54-2.76
Cash from operations23.228.4
Capital expenditures-2.77-4.29
Purchases of investments-110-53.7
Sales and maturities of investments92.561.6
Cash from investing-71.1-112
Stock issued0186
Cash from financing40166
Net change in cash-7.983
Free cash flow20.424.1
Interest paid50.644.2
Income taxes paid3.842.63

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $21.68 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Effective tax rate25.0%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)4.5%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)0.6%Net income / average total assets.

Growth

MetricValueHow it is calculated
Net income growth, 1y-128.6%Net income vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y22.2%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y17.8%Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y95.5%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y6.8%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Liabilities / assets86.0%Total liabilities / total assets.
Goodwill and intangibles / assets0.4%(Goodwill + intangible assets) / total assets.
Tangible book value$377.6MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
FCF conversion273.9%Free cash flow / net income, when net income is positive.
Capex / operating cash flow6.3%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$0.95Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
FCF per share$2.59Free cash flow / diluted weighted shares.
Operating cash flow per share$2.77Cash from operations / diluted weighted shares.
Book value per share$19.40Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$18.81Tangible book value / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$433.0MShare price x shares outstanding.
Enterprise value$381.7MMarket cap + total debt - cash - short-term investments.
P/E24.6xMarket cap / net income. Only when net income is positive.
P/B1.11xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.15xMarket cap / tangible book value, when positive.
P/FCF8.99xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF8.42xMarket cap / cash from operations, when positive.
EV/FCF7.92xEnterprise value / free cash flow, when both are positive.
FCF yield11.1%Free cash flow / market cap.
Earnings yield4.1%Net income / market cap (the inverse of P/E).
Was Avidia Bancorp, Inc. profitable in fiscal 2025?

No. It reported a net loss of $3.3M.

How much free cash flow did Avidia Bancorp, Inc. generate in fiscal 2025?

Cash from operations of $28.4M minus capital expenditures of $4.3M left free cash flow of $24.1M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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