FVCBankcorp Q2 2023 Earnings Report

FVCBankcorp EPS Results

• Actual EPS: $0.23
• Consensus EPS: $0.22
• Beat/Miss: Beat by +$0.01
• One Year Ago EPS: N/A

FVCBankcorp Revenue Results

• Actual Revenue: $15.28 million
• Expected Revenue: $15.01 million
• Beat/Miss: Beat by +$270.00 thousand
• YoY Revenue Growth: N/A

FVCBankcorp Announcement Details

• Quarter: Q2 2023
• Date: 7/25/2023
• Time: N/A

FVCBankcorp (NASDAQ:FVCB) 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. In addition, it offers business and consumer credit cards; merchant services; business insurance products; and online banking, remote deposit, and mobile banking services. The company serves commercial businesses, nonprofit organizations, professional service entities, and their respective owners and employees located in the greater Washington, D.C., and Baltimore metropolitan areas. It operates branch offices in Arlington, Virginia; the independent city of Manassas, Virginia; Reston, Fairfax County, Virginia; Springfield, Fairfax County in Virginia; and Montgomery County and Baltimore in Maryland, and Washington, D.C. FVCBankcorp, Inc. was founded in 2007 and is headquartered in Fairfax, Virginia.