Avidia Bancorp (AVBC)
Market Price (10/9/2026): $22.005 | Market Cap: $408.8 MilSector: Financials | Industry: Regional Banks
Avidia Bancorp (AVBC)
Market Price (10/9/2026): $22.005Market Cap: $408.8 MilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -29% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 46%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 43% Attractive yieldFCF Yield is 12% Low stock price volatilityVol 12M is 25% Megatrend and thematic driversMegatrends include Community Financial Services. Themes include Local Business Banking, Personal & Retail Banking, and Community Economic Development. | Trading close to highsDist 52W High is -3.0%, Dist 3Y High is -3.0% Weak multi-year price returns3Y Excs Rtn is -31% | Key risksAVBC key risks include [1] its heavy loan concentration in specific Massachusetts sectors, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -29% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 46%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 43% |
| Attractive yieldFCF Yield is 12% |
| Low stock price volatilityVol 12M is 25% |
| Megatrend and thematic driversMegatrends include Community Financial Services. Themes include Local Business Banking, Personal & Retail Banking, and Community Economic Development. |
| Trading close to highsDist 52W High is -3.0%, Dist 3Y High is -3.0% |
| Weak multi-year price returns3Y Excs Rtn is -31% |
| Key risksAVBC key risks include [1] its heavy loan concentration in specific Massachusetts sectors, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 10/1/2026
Avidia Bancorp (AVBC) stock has gained about 5% since 6/30/2026 because of the following key factors:
1. Strong Second Quarter Fiscal 2026 Financial Performance.
Avidia Bancorp reported significantly improved net income of $7.2 million, or $0.39 per share, for fiscal Q2 2026 (ended June 30, 2026), surpassing analyst estimates of $0.34 per share by $0.05. This strong performance was driven by a 6% quarter-over-quarter increase in net revenue to $29.9 million, exceeding the consensus estimate of $28.79 million, and an improved net interest margin of 3.64%. The company also saw a year-over-year rise of 16% in net interest income for the quarter.
2. Increased Quarterly Cash Dividend.
In fiscal Q3 2026, Avidia Bancorp announced on July 23, 2026, a 20% increase in its quarterly cash dividend to $0.06 per share, up from $0.05 per share. This enhanced dividend was payable on August 27, 2026, to stockholders of record on August 18, 2026.
Show more
Avidia Bancorp (AVBC) stock has gained about 5% since 6/30/2026 because of the following key factors:
1. Strong Second Quarter Fiscal 2026 Financial Performance.
Avidia Bancorp reported significantly improved net income of $7.2 million, or $0.39 per share, for fiscal Q2 2026 (ended June 30, 2026), surpassing analyst estimates of $0.34 per share by $0.05. This strong performance was driven by a 6% quarter-over-quarter increase in net revenue to $29.9 million, exceeding the consensus estimate of $28.79 million, and an improved net interest margin of 3.64%. The company also saw a year-over-year rise of 16% in net interest income for the quarter.
2. Increased Quarterly Cash Dividend.
In fiscal Q3 2026, Avidia Bancorp announced on July 23, 2026, a 20% increase in its quarterly cash dividend to $0.06 per share, up from $0.05 per share. This enhanced dividend was payable on August 27, 2026, to stockholders of record on August 18, 2026.
Show more
Updated on 10/1/2026
Avidia Bancorp (AVBC) stock has gained about 5% since 6/30/2026 because of the following key factors:
1. Strong Second Quarter Fiscal 2026 Financial Performance.
Avidia Bancorp reported significantly improved net income of $7.2 million, or $0.39 per share, for fiscal Q2 2026 (ended June 30, 2026), surpassing analyst estimates of $0.34 per share by $0.05. This strong performance was driven by a 6% quarter-over-quarter increase in net revenue to $29.9 million, exceeding the consensus estimate of $28.79 million, and an improved net interest margin of 3.64%. The company also saw a year-over-year rise of 16% in net interest income for the quarter.
2. Increased Quarterly Cash Dividend.
In fiscal Q3 2026, Avidia Bancorp announced on July 23, 2026, a 20% increase in its quarterly cash dividend to $0.06 per share, up from $0.05 per share. This enhanced dividend was payable on August 27, 2026, to stockholders of record on August 18, 2026.
3. Authorization of a Share Repurchase Program.
During fiscal Q3 2026, the company authorized a stock buyback plan that allows for the repurchase of up to $30 million of its common stock through July 31, 2027. This share repurchase program signals management's confidence in the company's valuation and can help support the stock price by reducing the number of outstanding shares.
Show less
Avidia Bancorp (AVBC) stock has gained about 5% since 6/30/2026 because of the following key factors:
1. Strong Second Quarter Fiscal 2026 Financial Performance.
Avidia Bancorp reported significantly improved net income of $7.2 million, or $0.39 per share, for fiscal Q2 2026 (ended June 30, 2026), surpassing analyst estimates of $0.34 per share by $0.05. This strong performance was driven by a 6% quarter-over-quarter increase in net revenue to $29.9 million, exceeding the consensus estimate of $28.79 million, and an improved net interest margin of 3.64%. The company also saw a year-over-year rise of 16% in net interest income for the quarter.
2. Increased Quarterly Cash Dividend.
In fiscal Q3 2026, Avidia Bancorp announced on July 23, 2026, a 20% increase in its quarterly cash dividend to $0.06 per share, up from $0.05 per share. This enhanced dividend was payable on August 27, 2026, to stockholders of record on August 18, 2026.
3. Authorization of a Share Repurchase Program.
During fiscal Q3 2026, the company authorized a stock buyback plan that allows for the repurchase of up to $30 million of its common stock through July 31, 2027. This share repurchase program signals management's confidence in the company's valuation and can help support the stock price by reducing the number of outstanding shares.
Show less
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →
Stock Movement Drivers
Fundamental Drivers
The 4.7% change in AVBC stock from 6/30/2026 to 10/7/2026 was primarily driven by a 18.1% change in the company's Net Income Margin (%).| (LTM values as of) | 6302026 | 10072026 | Change |
|---|---|---|---|
| Stock Price ($) | 20.93 | 21.92 | 4.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 107 | 111 | 4.2% |
| Net Income Margin (%) | 13.4% | 15.8% | 18.1% |
| P/E Multiple | 27.2 | 23.1 | -14.8% |
| Shares Outstanding (Mil) | 19 | 19 | -0.1% |
| Cumulative Contribution | 4.7% |
Market Drivers
6/30/2026 to 10/7/2026| Return | Correlation | |
|---|---|---|
| AVBC | 4.7% | |
| Market (SPY) | 4.1% | -2.3% |
| Sector (XLF) | 0.3% | 21.4% |
Fundamental Drivers
The 12.0% change in AVBC stock from 3/31/2026 to 10/7/2026 was primarily driven by a 10.4% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 3312026 | 10072026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.57 | 21.92 | 12.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 101 | 111 | 10.4% |
| P/S Multiple | 3.6 | 3.7 | 1.6% |
| Shares Outstanding (Mil) | 19 | 19 | -0.1% |
| Cumulative Contribution | 12.0% |
Market Drivers
3/31/2026 to 10/7/2026| Return | Correlation | |
|---|---|---|
| AVBC | 12.0% | |
| Market (SPY) | 19.8% | 11.5% |
| Sector (XLF) | 9.3% | 28.6% |
Fundamental Drivers
The 47.9% change in AVBC stock from 9/30/2025 to 10/7/2026 was primarily driven by a 0.0% change in the company's P/E Multiple.| (LTM values as of) | 9302025 | 10072026 | Change |
|---|---|---|---|
| Stock Price ($) | 14.82 | 21.92 | 47.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | � | 111 | 0.0% |
| Net Income Margin (%) | � | 15.8% | 0.0% |
| P/E Multiple | � | 23.1 | 0.0% |
| Shares Outstanding (Mil) | 20 | 19 | 8.1% |
| Cumulative Contribution | 0.0% |
Market Drivers
9/30/2025 to 10/7/2026| Return | Correlation | |
|---|---|---|
| AVBC | 47.9% | |
| Market (SPY) | 17.6% | 22.4% |
| Sector (XLF) | 1.0% | 35.9% |
Fundamental Drivers
nullnull
Market Drivers
9/30/2023 to 10/7/2026| Return | Correlation | |
|---|---|---|
| AVBC | ||
| Market (SPY) | 88.1% | 21.0% |
| Sector (XLF) | 69.2% | 35.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| AVBC Return | - | - | - | - | 15% | 33% | 53% |
| Peers Return | 29% | 8% | 17% | 7% | 2% | 25% | 123% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 14% | 108% |
Monthly Win Rates [3] | |||||||
| AVBC Win Rate | - | - | - | - | 60% | 70% | |
| Peers Win Rate | 58% | 60% | 48% | 48% | 56% | 64% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| AVBC Max Drawdown | - | - | - | - | - | -12% | |
| Peers Max Drawdown | -22% | -21% | -41% | -23% | -25% | -15% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: NEWT, ATLO, CLBK, GCBC, MBBC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/7/2026 (YTD)
How Low Can It Go
AVBC has limited trading history. Below is the Financials sector ETF (XLF) in its place.
| Event | XLF | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -15.5% | -18.8% |
| % Gain to Breakeven | 18.4% | 23.1% |
| Time to Breakeven | 80 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -10.7% | -9.5% |
| % Gain to Breakeven | 12.0% | 10.5% |
| Time to Breakeven | 26 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -16.1% | -6.7% |
| % Gain to Breakeven | 19.1% | 7.1% |
| Time to Breakeven | 270 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -22.3% | -24.5% |
| % Gain to Breakeven | 28.6% | 32.4% |
| Time to Breakeven | 467 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.8% | -33.7% |
| % Gain to Breakeven | 74.8% | 50.9% |
| Time to Breakeven | 289 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -19.7% | -19.2% |
| % Gain to Breakeven | 24.5% | 23.8% |
| Time to Breakeven | 123 days | 105 days |
In The Past
State Street Financial Select Sector SPDR ETF's stock fell -15.5% during the 2025 US Tariff Shock. Such a loss loss requires a 18.4% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
AVBC has limited trading history. Below is the Financials sector ETF (XLF) in its place.
| Event | XLF | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -22.3% | -24.5% |
| % Gain to Breakeven | 28.6% | 32.4% |
| Time to Breakeven | 467 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.8% | -33.7% |
| % Gain to Breakeven | 74.8% | 50.9% |
| Time to Breakeven | 289 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -21.4% | -12.2% |
| % Gain to Breakeven | 27.3% | 13.9% |
| Time to Breakeven | 272 days | 62 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -26.1% | -17.9% |
| % Gain to Breakeven | 35.3% | 21.8% |
| Time to Breakeven | 162 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -78.3% | -53.4% |
| % Gain to Breakeven | 359.8% | 114.4% |
| Time to Breakeven | 2329 days | 1085 days |
In The Past
State Street Financial Select Sector SPDR ETF's stock fell -15.5% during the 2025 US Tariff Shock. Such a loss loss requires a 18.4% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Avidia Bancorp (AVBC)
Avidia Bancorp is the holding company for Avidia Bank, a community bank primarily engaged in providing a comprehensive range of financial services. The company operates by attracting deposits from individuals and businesses, then uses these funds to originate various types of loans. Its core business revolves around serving as a financial intermediary, fostering economic growth and stability within its local communities.
The bank offers a diverse portfolio of products and services for both retail and commercial customers. For individuals, this includes essential banking services such as checking, savings, and money market accounts, alongside certificates of deposit. Lending options for consumers typically feature residential mortgage loans and other personal loan products. For businesses, Avidia Bank provides commercial real estate loans, commercial and industrial loans, and business deposit accounts, catering to the financing and operational needs of local enterprises.
Avidia Bancorp primarily serves individuals, families, and small to medium-sized businesses within its operating footprint. The bank’s market focus is predominantly in central Massachusetts, where it aims to build strong, lasting relationships by offering personalized service and local expertise to meet the specific financial requirements of its community members and businesses.
AI Analysis | Feedback
null
AI Analysis | Feedback
- **Deposit Accounts:** Attracting funds from individuals and businesses through various account types, including checking, savings, money market, and certificates of deposit.
- **Lending Services:** Providing a range of loan products, such as residential mortgages, commercial real estate loans, commercial and industrial loans, and consumer loans.
- **Digital Banking:** Offering convenient online and mobile banking platforms for customers to manage accounts, pay bills, and conduct transactions remotely.
AI Analysis | Feedback
```html
Avidia Bancorp (symbol: AVBC) is a bank holding company for Avidia Bank, a community bank based in Massachusetts. As a financial institution, it primarily serves a broad base of individuals and businesses rather than having a few major customer companies. Its customer base can be categorized as follows:
- Individuals and Consumers: This category includes retail customers who utilize services such as checking and savings accounts, mortgages, home equity loans, personal loans, and wealth management services.
- Small and Medium-sized Businesses (SMBs): Local businesses form a significant portion of its commercial customer base, benefiting from commercial loans, lines of credit, business checking accounts, treasury management services, and other business banking solutions.
- Commercial Real Estate Developers and Investors: Avidia Bank provides financing for commercial real estate projects, including acquisition, development, and construction loans, serving developers and investors in its market area.
AI Analysis | Feedback
null
AI Analysis | Feedback
Robert D. Cozzone, President and Chief Executive Officer
Mr. Cozzone has served as President and Chief Executive Officer of Assabet Valley Bancorp and Avidia Bank since March 2023. He has been employed in banking his entire professional career. Prior to joining Avidia, he served as Executive Vice President and Chief Operating Officer of Independent Bank Corp. and its bank subsidiary, Rockland Trust Company, from April 2019 to March 2023, with responsibilities including mergers and acquisitions strategy. Before that, he was Chief Financial Officer of Rockland Trust from 2013-2019.
Jonathan Nelson, Executive Vice President and Chief Financial Officer
Mr. Nelson has served as Executive Vice President and Chief Financial Officer since October 2024. He has over 25 years of experience in banking, including nine years as Treasurer of Independent Bank Corp. and its bank subsidiary, Rockland Trust Company. His responsibilities there included interest rate risk management, liquidity management, capital planning, mergers and acquisitions, shareholder relations, investments, derivatives, and strategic planning. Mr. Nelson has recently made insider purchases of Avidia Bancorp stock.
Bartholomew H. Murphy, Jr., Executive Vice President and Chief Operating Officer
Mr. Murphy has been employed with Avidia Bank since January 1992 and has served as Executive Vice President and Chief Operating Officer since 2021. From 1992 to 2010, he held various lending and commercial banking management positions, and from 2010 to 2021, he served as Executive Vice President and Chief Lending Officer. Mr. Murphy recently purchased shares of Avidia Bancorp.
Robert W. Conery, Executive Vice President and Chief Operations Officer
Mr. Conery has been employed with Avidia Bank for 35 years. In November 2000, he was appointed Executive Vice President and Chief Operations Officer, with responsibilities including overseeing Operational Support and Information Technology.
Donald J. Frost III, Executive Vice President – Consumer Banking
Mr. Frost has been employed with Avidia Bank since May 2011. He has served as Executive Vice President – Consumer Banking since January 2021.
AI Analysis | Feedback
Avidia Bancorp (AVBC) faces several key risks inherent to its operations as a financial institution. The most significant risks include its concentrated lending practices and sensitivity to interest rate fluctuations.
Here are the key risks to Avidia Bancorp's business:
1. Geographic Concentration: Avidia Bancorp is heavily invested in lending to borrowers primarily within Massachusetts. This geographic concentration exposes the bank to regional economic downturns, adverse changes in local market conditions, or specific legislative and regulatory shifts within the state that could disproportionately impact its loan portfolio and overall financial performance.
2. Loan Concentration: A substantial portion of Avidia Bancorp's loan portfolio is concentrated in specific categories, particularly loans to condominium associations and, to a lesser extent, dental practices. Loans to condominium associations represent a significant share of its commercial and industrial (C&I) loans. While historically these types of loans have shown lower default rates, this niche and concentrated exposure means that adverse events or changes specifically affecting these segments could have a considerable impact on the bank's asset quality and profitability.
3. Interest Rate Volatility: Like most financial institutions, Avidia Bancorp's net interest income is susceptible to changes in market interest rates. Fluctuations in interest rates can affect the profitability of the bank by impacting the spread between the interest earned on its assets (like loans) and the interest paid on its liabilities (like deposits). Significant interest rate volatility can lead to reductions in net interest income.
AI Analysis | Feedback
null
AI Analysis | Feedback
Avidia Bancorp (AVBC), a Massachusetts-chartered stock savings bank, operates primarily in western Middlesex County and eastern Worcester County, Massachusetts. The company's main products and services include commercial and industrial loans, one-to four-family residential mortgage loans, commercial real estate loans, and various personal and business banking services.
The addressable markets for Avidia Bancorp's key products and services in their operating region of Massachusetts are as follows:
- Commercial Banking: The market size for the Commercial Banking industry in Massachusetts is projected to be $34.3 billion in 2026. This market encompasses services such as commercial and industrial loans, which are core offerings of Avidia Bancorp.
- Residential Mortgage Lending: For the Boston-Cambridge-Newton, MA-NH Metropolitan Statistical Area (MSA), which is a broader but relevant region encompassing Avidia's primary market, the total volume for purchase and refinance mortgage loans is forecast to be $46.1 billion in 2026. Avidia Bancorp offers one-to four-family residential mortgage loans and home equity lines of credit.
AI Analysis | Feedback
Avidia Bancorp (AVBC) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:
- Growth in Commercial and Multi-Family Lending: Avidia Bancorp has demonstrated consistent growth in its loan portfolio, particularly within commercial real estate and multi-family loan segments. For example, total loans increased by $100.3 million, or 4.6%, from December 31, 2024, with commercial real estate loans rising by 10.5% and multi-family loans by 24.8%. This trend is anticipated to continue, contributing significantly to interest income.
- Expansion of Wholesale Payments Business and Core Deposit Growth: The company's growing wholesale payments business is a significant driver, providing both non-interest income and a source of low-cost deposits. Deposits increased by $61.5 million, or 3.0%, from December 31, 2024, primarily due to growth in this business. This expansion helps fund loan growth and contributes to net interest margin expansion.
- Net Interest Margin (NIM) Expansion: Avidia Bancorp has shown an ability to expand its net interest margin, which directly impacts revenue. The net interest margin increased by 11 basis points quarter-over-quarter to 3.54% and expanded 37 basis points to 3.29% for the year ended December 31, 2025, from 2.92% in the prior year. Continued disciplined deployment of capital and core deposit growth are expected to support further NIM expansion.
- Strategic Deployment of Capital from Initial Public Offering (IPO): Following its IPO in July 2025, Avidia Bancorp has a renewed capital base which it aims to deploy in a disciplined manner. This capital is being used to fund growth across various loan categories and enhance profitability, thereby indirectly fueling revenue growth.
AI Analysis | Feedback
Share Repurchases
- Federal regulations prohibit Avidia Bancorp from repurchasing its shares of common stock during the first year following its conversion and initial stock offering, except under compelling business reasons, or to fund management recognition plans or tax-qualified employee stock benefit plans with regulatory approval.
- Massachusetts regulations also prohibit Avidia Bancorp from repurchasing its shares of common stock during the first three years following the completion of its conversion.
Share Issuance
- Avidia Bancorp completed its initial public offering (IPO) on July 31, 2025, selling 19,176,250 shares of common stock at a price of $10.00 per share.
- This IPO resulted in gross offering proceeds of approximately $191.8 million.
- As part of the IPO, 1,606,100 shares were sold to Avidia Bank's Employee Stock Ownership Plan (ESOP).
- The company also contributed 900,000 additional shares of its common stock to the Avidia Bank Charitable Foundation, Inc.
Inbound Investments
- The primary inbound investment during this period was the capital raised through the initial public offering in July 2025, which generated approximately $191.8 million in gross proceeds.
Outbound Investments
- Avidia Bancorp's March 2025 filing indicated that the capital raised from the conversion and stock offering would enhance its lending and investment capacity.
- The company may consider expansion opportunities such as establishing new branches, acquiring branch offices, setting up loan production offices, or acquiring other financial institutions, although it had no current plans to open new branches.
Capital Expenditures
- Specific dollar values for capital expenditures for Avidia Bancorp are not explicitly detailed in the available information within the last 3-5 years.
- As a state savings bank, Avidia Bank's business primarily involves taking deposits and investing them in various types of loans, including commercial and industrial, residential mortgage, and commercial real estate loans.
Peer Outperformance in Regional Banks
nullShare of Regional Banks constituents that AVBC has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
89%
of 286 industry peers · 50.7% return
3Y
—
insufficient peer history
5Y
—
insufficient peer history
null
Median price return by industry across the Financials sector, ranked by 5Y. Regional Banks is AVBC's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Reinsurance | 6 | 12.0% | 63.7% | 110.0% | SPNT 162% · RGA 133% · RNR 127% |
| Investment Banking & Brokerage | 13 | -5.0% | 101.1% | 91.5% | IBKR 403% · SNEX 199% · HOOD 162% |
| Diversified Banks | 12 | 26.4% | 123.8% | 89.8% | CM 133% · RY 122% · JPM 119% |
| Life & Health Insurance | 20 | 8.1% | 47.8% | 83.5% | JXN 496% · UNM 283% · MFC 167% |
| Multi-Sector Holdings | 4 | 4.0% | 52.0% | 71.3% | JONE 361% · BRK-B 78% · VOYA 64% |
| Property & Casualty Insurance | 42 | 4.0% | 72.0% | 57.1% | ASIC 2546900% · HRTG 393% · UVE 307% |
| Multi-line Insurance | 9 | 5.0% | 68.4% | 48.8% | GNW 134% · L 87% · AIZ 79% |
| Regional Banks ← | 263 | 23.9% | 87.0% | 46.3% | GCBC 332% · ESQ 289% · PBAM 247% |
| Financial Exchanges & Data | 15 | -0.5% | 17.0% | 27.2% | VIRT 174% · CBOE 138% · CME 65% |
| Consumer Finance | 30 | 0.1% | 85.7% | 18.1% | ENVA 411% · EZPW 269% · FCFS 158% |
| Diversified Financial Services | 4 | -5.8% | 21.2% | 15.5% | FRHC 173% · EQH 91% · TMS -60% |
| Asset Management & Custody Banks | 82 | -10.8% | 17.2% | 9.1% | WT 352% · SII 262% · VCTR 255% |
| Insurance Brokers | 16 | -25.6% | -8.3% | 8.4% | LIFE 294% · ARX 88% · CRD-A 62% |
| Commercial & Residential Mortgage Finance | 13 | -55.3% | 15.3% | -5.1% | FNMA 434% · FMCC 411% · ACT 175% |
| Specialized Finance | 3 | 8.0% | 36.6% | -13.4% | EFC 16% · CACC -13% · HASI -14% |
| Mortgage REITs | 33 | -15.7% | -1.7% | -35.2% | NREF 45% · RITM 28% · DX 16% |
| Transaction & Payment Processing Services | 17 | -3.7% | -5.7% | -41.2% | V 68% · MA 65% · CPAY 53% |
| Diversified Capital Markets | 20 | -45.6% | 12.4% | -60.1% | OPY 162% · LPLA 99% · GOLD 41% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 18.55 |
| Mkt Cap | 0.4 |
| Rev LTM | 111 |
| Op Inc LTM | - |
| FCF LTM | 42 |
| FCF 3Y Avg | 24 |
| CFO LTM | 42 |
| CFO 3Y Avg | 25 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 22.9% |
| Rev Chg 3Y Avg | 8.6% |
| Rev Chg Q | 18.0% |
| QoQ Delta Rev Chg LTM | 4.2% |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 30.3% |
| CFO/Rev 3Y Avg | 24.3% |
| FCF/Rev LTM | 28.9% |
| FCF/Rev 3Y Avg | 21.2% |
Price Behavior
Price Behavior
| Market Price | $21.92 | |
| Market Cap ($ Bil) | 0.4 | |
| First Trading Date | 08/01/2025 | |
| Distance from 52W High | -3.0% | |
| 50 Days | 200 Days | |
| DMA Price | $21.34 | $15.61 |
| DMA Trend | up | up |
| Distance from DMA | 2.7% | 40.4% |
| 3M | 1YR | |
| Volatility | 25.8% | 24.8% |
| Downside Capture | 16.93 | 25.36 |
| Upside Capture | 55.18 | 67.87 |
| Correlation (SPY) | -1.2% | 22.8% |
AVBC Betas & Captures as of 9/30/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.37 | -0.61 | -0.12 | 0.22 | 0.42 | -0.19 |
| Up Beta | -3.62 | -1.96 | -1.98 | -0.25 | 0.29 | 0.11 |
| Down Beta | 1.34 | 1.33 | 0.66 | -0.19 | 0.49 | 0.14 |
| Up Capture | -32% | -43% | 34% | 48% | 52% | 6% |
| Bmk +ve Days | 6 | 16 | 27 | 66 | 132 | 424 |
| Stock +ve Days | 11 | 19 | 30 | 63 | 126 | 142 |
| Down Capture | 8% | -29% | 23% | 54% | 30% | 22% |
| Bmk -ve Days | 16 | 26 | 37 | 60 | 120 | 328 |
| Stock -ve Days | 11 | 22 | 33 | 60 | 120 | 143 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AVBC | |
|---|---|---|---|---|
| AVBC | 49.5% | 24.8% | 1.56 | - |
| Sector ETF (XLF) | 1.3% | 14.8% | -0.13 | 35.7% |
| Equity (SPY) | 16.8% | 13.0% | 0.92 | 22.7% |
| Gold (GLD) | 3.2% | 29.5% | 0.11 | -0.6% |
| Commodities (DBC) | 44.6% | 20.9% | 1.66 | -19.8% |
| Real Estate (VNQ) | 1.6% | 13.7% | -0.13 | 30.0% |
| Bitcoin (BTCUSD) | -31.7% | 44.2% | -0.73 | 7.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AVBC | |
|---|---|---|---|---|
| AVBC | 8.6% | 24.5% | 1.37 | - |
| Sector ETF (XLF) | 8.9% | 18.3% | 0.35 | 35.2% |
| Equity (SPY) | 13.8% | 17.1% | 0.62 | 21.0% |
| Gold (GLD) | 18.4% | 18.9% | 0.79 | -1.0% |
| Commodities (DBC) | 10.3% | 19.6% | 0.40 | -17.4% |
| Real Estate (VNQ) | 0.8% | 18.8% | -0.07 | 27.3% |
| Bitcoin (BTCUSD) | 15.5% | 52.2% | 0.46 | 4.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AVBC | |
|---|---|---|---|---|
| AVBC | 4.2% | 24.5% | 1.37 | - |
| Sector ETF (XLF) | 12.9% | 22.1% | 0.53 | 35.2% |
| Equity (SPY) | 15.5% | 17.9% | 0.73 | 21.0% |
| Gold (GLD) | 11.5% | 16.4% | 0.57 | -1.0% |
| Commodities (DBC) | 8.4% | 18.1% | 0.38 | -17.4% |
| Real Estate (VNQ) | 4.2% | 20.7% | 0.16 | 27.3% |
| Bitcoin (BTCUSD) | 64.0% | 66.2% | 1.04 | 4.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 9/15/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/27/2026 | 3.4% | -1.6% | 1.6% |
| 4/27/2026 | -0.1% | -2.8% | -9.3% |
| 2/2/2026 | 4.1% | 4.3% | 2.1% |
| 10/27/2025 | 0.5% | 3.2% | 5.6% |
| 8/4/2025 | -0.3% | -0.2% | 4.0% |
| SUMMARY STATS | |||
| # Positive | 3 | 2 | 4 |
| # Negative | 2 | 3 | 1 |
| Median Positive | 3.4% | 3.7% | 3.0% |
| Median Negative | -0.2% | -1.6% | -9.3% |
| Max Positive | 4.1% | 4.3% | 5.6% |
| Max Negative | -0.3% | -2.8% | -9.3% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/27/2026 | 3.4% | -1.6% | 1.6% |
| 4/27/2026 | -0.1% | -2.8% | -9.3% |
| 2/2/2026 | 4.1% | 4.3% | 2.1% |
| 10/27/2025 | 0.5% | 3.2% | 5.6% |
| 8/4/2025 | -0.3% | -0.2% | 4.0% |
| SUMMARY STATS | |||
| # Positive | 3 | 2 | 4 |
| # Negative | 2 | 3 | 1 |
| Median Positive | 3.4% | 3.7% | 3.0% |
| Median Negative | -0.2% | -1.6% | -9.3% |
| Max Positive | 4.1% | 4.3% | 5.6% |
| Max Negative | -0.3% | -2.8% | -9.3% |
Insider Activity
Updated 9/17/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Murphy, Michael Dennis | Spouse | Buy | 9162026 | 22.12 | 5,000 | 110,600 | 151,522 | Form | |
| 2 | Nelson, Jonathan Michael | CFO and Treasurer | Direct | Buy | 9032026 | 22.19 | 4,500 | 99,855 | 422,609 | Form |
| 3 | Grimaldo, Joseph F | Trust | Buy | 8272026 | 22.02 | 5,000 | 110,087 | 1,093,279 | Form | |
| 4 | Doane, Thomas | EVP- Human Resources | 401(k) | Buy | 8192026 | 22.31 | 1,726 | 38,507 | 433,305 | Form |
| 5 | Saul, Kennedy O | Direct | Buy | 8122026 | 21.65 | 5,900 | 127,733 | 217,579 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Murphy, Michael Dennis | Spouse | Buy | 9162026 | 22.12 | 5,000 | 110,600 | 151,522 | Form | |
| 2 | Nelson, Jonathan Michael | CFO and Treasurer | Direct | Buy | 9032026 | 22.19 | 4,500 | 99,855 | 422,609 | Form |
| 3 | Grimaldo, Joseph F | Trust | Buy | 8272026 | 22.02 | 5,000 | 110,087 | 1,093,279 | Form | |
| 4 | Doane, Thomas | EVP- Human Resources | 401(k) | Buy | 8192026 | 22.31 | 1,726 | 38,507 | 433,305 | Form |
| 5 | Saul, Kennedy O | Direct | Buy | 8122026 | 21.65 | 5,900 | 127,733 | 217,579 | Form | |
| 6 | Grimaldo, Joseph F | Trust | Buy | 8122026 | 21.44 | 4,655 | 99,786 | 957,242 | Form | |
| 7 | Karmelek, Nicolas | EVP and CRO | Direct | Buy | 7302026 | 19.08 | 19 | 363 | 147,431 | Form |
| 8 | Gilles, Michael O | Direct | Buy | 7302026 | 19.12 | 1,000 | 19,120 | 498,969 | Form | |
| 9 | Gilles, Michael O | IRA | Buy | 7302026 | 19.17 | 1,000 | 19,170 | 383,400 | Form | |
| 10 | Gilles, Michael O | Spouse | Buy | 7302026 | 18.92 | 1,000 | 18,916 | 94,580 | Form | |
| 11 | Karmelek, Nicolas | EVP and CRO | Direct | Buy | 7302026 | 18.92 | 14 | 265 | 145,835 | Form |
| 12 | Nelson, Jonathan Michael | CFO and Treasurer | Direct | Buy | 6032026 | 18.90 | 1,065 | 20,128 | 274,899 | Form |
| 13 | Cozzone, Robert D | President & CEO | 401(k) | Buy | 6012026 | 18.80 | 2,128 | 40,006 | 1,266,312 | Form |
| 14 | Jensen, Barry H | EVP and Chief Admin Officer | Direct | Buy | 5192026 | 18.88 | 500 | 9,440 | 792,960 | Form |
| 15 | Gilles, Michael O | Direct | Buy | 5152026 | 19.50 | 1,000 | 19,500 | 489,372 | Form | |
| 16 | Jensen, Barry H | EVP and Chief Admin Officer | Direct | Buy | 5152026 | 19.26 | 500 | 9,630 | 799,290 | Form |
| 17 | Gilles, Michael O | IRA | Buy | 5152026 | 19.50 | 3,000 | 58,500 | 370,500 | Form | |
| 18 | Gilles, Michael O | Spouse | Buy | 5152026 | 19.50 | 1,000 | 19,496 | 77,984 | Form | |
| 19 | Cozzone, Robert D | President & CEO | 401(k) | Buy | 5152026 | 19.77 | 2,023 | 39,990 | 1,289,434 | Form |
| 20 | Jensen, Barry H | EVP and Chief Admin Officer | Direct | Buy | 5112026 | 20.19 | 1,000 | 20,190 | 827,790 | Form |
| 21 | Murphy, Michael Dennis | Spouse | Buy | 4292026 | 20.94 | 1,850 | 38,739 | 38,739 | Form | |
| 22 | Doane, Thomas | EVP- Human Resources | 401(k) | Buy | 4292026 | 21.16 | 2,040 | 43,166 | 370,194 | Form |
| 23 | Ball, James N | IRA | Buy | 4292026 | 20.60 | 5,000 | 103,000 | 1,030,000 | Form | |
| 24 | Murphy, Bartholomew H JR | EVP & Chief Operating Off | Direct | Buy | 3192026 | 19.15 | 1,500 | 28,725 | 440,450 | Form |
| 25 | Murphy, Bartholomew H JR | EVP & Chief Operating Off | Spouse's IRA | Buy | 3132026 | 18.62 | 440 | 8,193 | 194,393 | Form |
| 26 | Girard, Michael R | Roth IRA | Buy | 3132026 | 18.80 | 450 | 8,461 | 18,332 | Form | |
| 27 | Jensen, Barry H | EVP and Chief Admin Officer | Direct | Buy | 3132026 | 18.69 | 1,000 | 18,690 | 728,910 | Form |
| 28 | Nelson, Jonathan Michael | CFO and Treasurer | 401(k) | Buy | 3102026 | 19.39 | 2,579 | 50,004 | 433,889 | Form |
| 29 | Cozzone, Robert D | President & CEO | 401(k) | Buy | 3032026 | 18.79 | 1,064 | 19,993 | 1,187,641 | Form |
| 30 | Karmelek, Nicolas | EVP and CRO | Direct | Buy | 3032026 | 18.59 | 1,090 | 20,263 | 120,556 | Form |
| 31 | Jensen, Barry H | EVP and Chief Admin Officer | Direct | Buy | 2242026 | 18.71 | 2,000 | 37,420 | 710,980 | Form |
| 32 | Jensen, Barry H | EVP and Chief Admin Officer | Direct | Buy | 2122026 | 18.95 | 1,000 | 18,950 | 682,200 | Form |
| 33 | Jensen, Barry H | EVP and Chief Admin Officer | Direct | Buy | 12172025 | 17.07 | 2,500 | 42,674 | 597,432 | Form |
| 34 | Murphy, Michael Dennis | Spouse's IRA | Buy | 12032025 | 16.00 | 6,230 | 99,671 | 115,670 | Form | |
| 35 | Ball, James N | IRA | Buy | 12012025 | 16.13 | 5,000 | 80,656 | 725,904 | Form | |
| 36 | Nelson, Jonathan Michael | CFO and Treasurer | 401(k) | Buy | 11252025 | 15.41 | 3,245 | 50,005 | 305,103 | Form |
| 37 | Cozzone, Robert D | President & CEO | 401(k) | Buy | 11242025 | 15.33 | 3,261 | 50,004 | 913,287 | Form |
| 38 | Girard, Michael R | Roth IRA | Buy | 11202025 | 14.96 | 525 | 7,857 | 7,857 | Form | |
| 39 | Jensen, Barry H | EVP and Chief Admin Officer | Direct | Buy | 11182025 | 14.93 | 2,500 | 37,321 | 485,169 | Form |
| 40 | Jensen, Barry H | EVP and Chief Admin Officer | Direct | Buy | 11132025 | 15.24 | 5,000 | 76,224 | 457,347 | Form |
| 41 | Cozzone, Robert D | President & CEO | 401(k) | Buy | 11122025 | 15.43 | 3,240 | 50,003 | 868,868 | Form |
| 42 | Murphy, Michael Dennis | Direct | Buy | 11072025 | 15.11 | 2,500 | 37,762 | 740,145 | Form | |
| 43 | Murphy, Michael Dennis | Spouse's IRA | Buy | 11072025 | 15.10 | 1,000 | 15,100 | 15,100 | Form | |
| 44 | Murphy, Michael Dennis | Direct | Buy | 11072025 | 15.12 | 6,500 | 98,312 | 703,312 | Form | |
| 45 | Cozzone, Robert D | President & CEO | 401(k) | Buy | 11062025 | 15.26 | 3,277 | 50,006 | 809,664 | Form |
| 46 | Cozzone, Robert D | President & CEO | 401(k) | Buy | 11042025 | 15.10 | 3,310 | 49,996 | 751,932 | Form |
| 47 | Jensen, Barry H | EVP and Chief Admin Officer | Direct | Buy | 11032025 | 14.97 | 2,500 | 37,413 | 374,135 | Form |
| 48 | Cozzone, Robert D | President & CEO | 401(k) | Buy | 10312025 | 15.03 | 3,325 | 49,987 | 698,641 | Form |
| 49 | Jensen, Barry H | EVP and Chief Admin Officer | Direct | Buy | 10312025 | 15.00 | 2,500 | 37,500 | 337,500 | Form |
| 50 | Cozzone, Robert D | President & CEO | 401(k) | Buy | 9192025 | 15.97 | 3,130 | 49,987 | 689,066 | Form |
| 51 | Jensen, Barry H | EVP and Chief Admin Officer | Direct | Buy | 9192025 | 15.85 | 2,500 | 39,625 | 317,000 | Form |
| 52 | Cozzone, Robert D | President & CEO | 401(k) | Buy | 9152025 | 15.51 | 3,224 | 50,000 | 620,616 | Form |
| 53 | Cozzone, Robert D | President & CEO | 401(k) | Buy | 9102025 | 15.50 | 3,226 | 50,008 | 570,350 | Form |
| 54 | Cozzone, Robert D | President & CEO | 401(k) | Buy | 9052025 | 15.25 | 3,279 | 49,995 | 511,793 | Form |
| 55 | Nelson, Jonathan Michael | CFO and Treasurer | Direct | Buy | 9032025 | 15.45 | 3,240 | 50,058 | 208,266 | Form |
| 56 | Cozzone, Robert D | President & CEO | 401(k) | Buy | 9032025 | 15.63 | 3,199 | 50,000 | 473,401 | Form |
Industry Resources
| Financials Resources |
| Federal Reserve Economic Data |
| Federal Reserve |
| FDIC Data |
| American Banker |
| The Banker |
| Banking Technology |
| Regional Banks Resources |
| Bank Director |
| Independent Banker |
| S&P Global Market Intelligence |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.
Core Cache Last Updated: 10/7/2026