Fvcbankcorp (NASDAQ:FVCB) Posts Earnings Results, Hits Expectations

Fvcbankcorp (NASDAQ:FVCB) issued its earnings results on Tuesday. The company reported $0.31 EPS for the quarter, meeting the consensus estimate of $0.31, Zacks reports. Fvcbankcorp had a return on equity of 8.73% and a net margin of 17.72%.

Fvcbankcorp Stock Performance

Shares of FVCB stock traded down $0.20 during mid-day trading on Tuesday, reaching $14.11. 21,464 shares of the company’s stock traded hands, compared to its average volume of 33,030. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market capitalization of $255.11 million, a PE ratio of 12.16 and a beta of 0.38. Fvcbankcorp has a 12 month low of $9.49 and a 12 month high of $14.50. The firm has a 50 day moving average price of $13.36 and a two-hundred day moving average price of $13.08.

Fvcbankcorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Monday, January 26th will be given a $0.06 dividend. The ex-dividend date is Monday, January 26th. This represents a $0.24 annualized dividend and a yield of 1.7%. Fvcbankcorp’s dividend payout ratio (DPR) is presently 20.69%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on FVCB. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Fvcbankcorp in a report on Monday, December 29th. Zacks Research cut shares of Fvcbankcorp from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 25th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $16.00.

Institutional Investors Weigh In On Fvcbankcorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FVCB. Rhumbline Advisers increased its stake in Fvcbankcorp by 5.9% in the 2nd quarter. Rhumbline Advisers now owns 25,279 shares of the company’s stock worth $298,000 after buying an additional 1,418 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Fvcbankcorp by 115.6% in the third quarter. Russell Investments Group Ltd. now owns 2,964 shares of the company’s stock worth $38,000 after acquiring an additional 1,589 shares during the period. JPMorgan Chase & Co. grew its position in shares of Fvcbankcorp by 18.2% during the third quarter. JPMorgan Chase & Co. now owns 14,915 shares of the company’s stock worth $193,000 after purchasing an additional 2,299 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of Fvcbankcorp by 138.2% during the third quarter. BNP Paribas Financial Markets now owns 4,254 shares of the company’s stock worth $55,000 after purchasing an additional 2,468 shares in the last quarter. Finally, Bridgeway Capital Management LLC raised its stake in Fvcbankcorp by 2.7% during the 3rd quarter. Bridgeway Capital Management LLC now owns 161,077 shares of the company’s stock valued at $2,089,000 after purchasing an additional 4,213 shares during the period. 43.61% of the stock is owned by hedge funds and other institutional investors.

About Fvcbankcorp

Fvcbankcorp is a bank holding company headquartered in Warrenton, Virginia, operating through its wholly owned subsidiary, The Fauquier Bank. The company traces its origins to The Fauquier Bank, which was chartered in 2007 to serve local businesses and individuals in Northern Virginia. Fvcbankcorp provides strategic oversight and support to its community banking operations, guiding growth initiatives and ensuring regulatory compliance across its branch network.

The Fauquier Bank offers a comprehensive range of commercial and retail banking products and services.