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

FVCBankcorp (NASDAQ:FVCB) issued its 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 net margin of 4.95% and a return on equity of 7.29%.

FVCBankcorp Trading Up 2.4 %

Shares of FVCB stock opened at $12.15 on Friday. FVCBankcorp has a twelve month low of $9.78 and a twelve month high of $14.50. The stock’s fifty day simple moving average is $12.88 and its 200 day simple moving average is $12.52. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $221.13 million, a P/E ratio of 45.00 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 business’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $13.50, for a total transaction of $27,000.00. Following the sale, the chairman now directly owns 466,566 shares of the company’s stock, valued at $6,298,641. The trade was a 0.43 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate 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.