FVCBankcorp (NASDAQ:FVCB) Announces Earnings Results, Beats Expectations By $0.01 EPS

FVCBankcorp (NASDAQ:FVCB) released its quarterly earnings results on Thursday. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.01, Zacks reports. FVCBankcorp had a return on equity of 7.29% and a net margin of 4.95%.

FVCBankcorp Stock Up 2.3 %

Shares of FVCB opened at $11.87 on Friday. The firm has a market capitalization of $216.03 million, a price-to-earnings ratio of 43.96 and a beta of 0.28. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.00 and a current ratio of 1.00. The business’s fifty day moving average price is $12.91 and its two-hundred day moving average price is $12.51. FVCBankcorp has a 52 week low of $9.78 and a 52 week high of $14.50.

Insider Buying and Selling at FVCBankcorp

In other FVCBankcorp news, Chairman David W. Pijor sold 2,000 shares of the stock in a transaction on Monday, November 18th. The stock was sold at an average price of $13.50, for a total value of $27,000.00. Following the transaction, the chairman now directly owns 466,566 shares in the company, valued at approximately $6,298,641. This trade represents a 0.43 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 13.99% of the company’s stock.

FVCBankcorp Company Profile

FVCBankcorp, Inc operates as the bank holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction loans; commercial loans for various business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; small business administration loans; asset-based loans and accounts receivable financing; home equity loans; and consumer loans.