FVCBankcorp (NASDAQ:FVCB) Issues Earnings Results

FVCBankcorp (NASDAQ:FVCB - Get Free Report) issued its earnings results on Tuesday. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.01, Yahoo Finance reports. FVCBankcorp had a return on equity of 7.16% and a net margin of 4.44%. The business had revenue of $30.05 million during the quarter, compared to analysts' expectations of $15.07 million.

FVCBankcorp Trading Up 3.4 %

NASDAQ FVCB traded up $0.44 on Wednesday, hitting $13.38. The company's stock had a trading volume of 18,698 shares, compared to its average volume of 23,655. The company's 50-day moving average is $12.30 and its 200 day moving average is $11.55. The firm has a market cap of $240.64 million, a PE ratio of 54.33 and a beta of 0.22. FVCBankcorp has a 1-year low of $9.78 and a 1-year high of $15.39. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.09.

Insider Buying and Selling

In related news, EVP Sharon L. Jackson sold 2,400 shares of the firm's stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $10.61, for a total transaction of $25,464.00. Following the completion of the transaction, the executive vice president now directly owns 28,595 shares of the company's stock, valued at $303,392.95. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other FVCBankcorp news, Director Phillip R. Wills III sold 4,848 shares of FVCBankcorp stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $11.48, for a total transaction of $55,655.04. Following the transaction, the director now directly owns 74,535 shares of the company's stock, valued at approximately $855,661.80. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Sharon L. Jackson sold 2,400 shares of the business's stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $10.61, for a total value of $25,464.00. Following the completion of the transaction, the executive vice president now directly owns 28,595 shares in the company, valued at $303,392.95. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,162 shares of company stock valued at $128,427 over the last 90 days. 13.99% of the stock is owned by insiders.

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.