FVCBankcorp (NASDAQ:FVCB) Issues Quarterly Earnings Results

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

FVCBankcorp Trading Up 2.3 %

Shares of FVCB opened at $11.87 on Friday. FVCBankcorp has a 1 year low of $9.78 and a 1 year high of $14.50. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.09. The stock has a 50 day simple moving average of $12.91 and a 200-day simple moving average of $12.51. The stock has a market cap of $216.03 million, a PE ratio of 43.96 and a beta of 0.28.

Insider Transactions at FVCBankcorp

In other news, Chairman David W. Pijor sold 2,000 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $13.50, for a total value of $27,000.00. Following the completion of the transaction, the chairman now directly owns 466,566 shares of the company’s stock, valued at approximately $6,298,641. This represents a 0.43 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 13.99% of the stock is currently 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.