Avidbank Holdings Q2 FY26 net income falls 15.56% to $7.6 million; net interest margin narrows 12 percentage points to 4.26%
AVBH•Q2 results and margin pressure
Avidbank Holdings posted Q2 2026 net income of $7.6 million, down 15.56% from Q1 2026; diluted EPS fell 15.48% to $0.71.
Results included $2.6 million in litigation settlement expense, partly offset by about $1.3 million of BOLI death-benefit income; non-GAAP adjusted net income was $8.2 million.
Net interest income rose 3% annualized from Q1 to $26.7 million, while net interest margin narrowed 12 basis points to 4.26% on higher deposit costs.
Expenses, credit losses, loans and deposits
Non-interest expense climbed to $16.5 million from $14.1 million, while the provision for credit losses increased to $2.8 million from $1.4 million.
Period-end loans increased $51.3 million, or 9% annualized, from March 31 to ; deposits grew , or , to .
