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

FVCBankcorp (NASDAQ:FVCB) issued its quarterly 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 net margin of 4.44% and a return on equity of 7.16%.

FVCBankcorp Stock Up 0.9 %

Shares of NASDAQ:FVCB traded up $0.11 during trading on Wednesday, hitting $13.05. 1,081 shares of the company were exchanged, compared to its average volume of 23,572. The stock has a market capitalization of $234.70 million, a P/E ratio of 53.92 and a beta of 0.22. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.00 and a quick ratio of 1.00. FVCBankcorp has a 12-month low of $9.78 and a 12-month high of $15.39. The firm’s 50 day moving average price is $12.30 and its 200-day moving average price is $11.55.

Insider Transactions at FVCBankcorp

In other news, EVP Sharon L. Jackson sold 2,400 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $10.61, for a total transaction of $25,464.00. Following the completion of the sale, the executive vice president now owns 28,595 shares in the company, valued at approximately $303,392.95. 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. In other news, EVP Sharon L. Jackson sold 2,400 shares of FVCBankcorp stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $10.61, for a total value of $25,464.00. Following the transaction, the executive vice president now directly owns 28,595 shares of the company’s stock, valued at $303,392.95. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Phillip R. Wills III sold 4,848 shares of FVCBankcorp stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $11.48, for a total transaction of $55,655.04. Following the completion of the transaction, the director now directly owns 74,535 shares in the company, valued at $855,661.80. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,162 shares of company stock worth $128,427. 13.99% of the stock is currently owned by insiders.

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.