FVCBankcorp (NASDAQ:FVCB) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

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

FVCBankcorp Stock Performance

Shares of FVCB stock traded up $0.27 on Thursday, hitting $11.87. The company’s stock had a trading volume of 10,430 shares, compared to its average volume of 19,374. FVCBankcorp has a fifty-two week low of $9.78 and a fifty-two week high of $14.50. 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 stock’s 50 day moving average is $12.94 and its 200-day moving average is $12.51. The company has a market capitalization of $216.03 million, a PE ratio of 43.96 and a beta of 0.28.

Insider Buying and Selling at FVCBankcorp

In other FVCBankcorp news, Chairman David W. Pijor sold 2,000 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were 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 of the company’s stock, valued at $6,298,641. This trade represents a 0.43 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 13.99% of the company’s stock.

About FVCBankcorp

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.