FVCBankcorp (NASDAQ:FVCB) Posts Quarterly Earnings Results, Beats Expectations By $0.04 EPS

FVCBankcorp (NASDAQ:FVCB - Get Free Report) released its quarterly earnings data on Tuesday. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.04, Zacks reports. The firm had revenue of $15.72 million during the quarter, compared to analysts' expectations of $16.09 million. FVCBankcorp had a return on equity of 7.72% and a net margin of 13.00%.

FVCBankcorp Price Performance

Shares of NASDAQ FVCB traded down $0.08 during midday trading on Friday, hitting $10.92. The company had a trading volume of 123,490 shares, compared to its average volume of 24,073. The firm has a market capitalization of $200.99 million, a price-to-earnings ratio of 13.48 and a beta of 0.21. FVCBankcorp has a twelve month low of $9.49 and a twelve month high of $14.50. The business has a 50-day simple moving average of $10.49 and a two-hundred day simple moving average of $12.05. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.09.

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.