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

Fvcbankcorp (NASDAQ:FVCB) released its quarterly earnings data on Tuesday. The company reported $0.31 earnings per share (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 $0.14 during trading hours on Tuesday, hitting $14.17. The company’s stock had a trading volume of 13,746 shares, compared to its average volume of 32,037. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.08. The company has a 50 day moving average of $13.36 and a 200 day moving average of $13.08. Fvcbankcorp has a 12-month low of $9.49 and a 12-month high of $14.50. The stock has a market cap of $256.19 million, a PE ratio of 12.22 and a beta of 0.38.

Fvcbankcorp Dividend Announcement

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

Wall Street Analyst Weigh In

Several brokerages recently commented 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 research report on Thursday, September 25th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Fvcbankcorp presently has an average rating of “Hold” and a consensus target price of $16.00.

Institutional Investors Weigh In On Fvcbankcorp

Several institutional investors have recently bought and sold shares of the company. Russell Investments Group Ltd. boosted its stake in Fvcbankcorp by 115.6% during the 3rd quarter. Russell Investments Group Ltd. now owns 2,964 shares of the company’s stock valued at $38,000 after acquiring an additional 1,589 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in Fvcbankcorp by 138.2% in the third quarter. BNP Paribas Financial Markets now owns 4,254 shares of the company’s stock worth $55,000 after acquiring an additional 2,468 shares during the last quarter. Tower Research Capital LLC TRC acquired a new position in Fvcbankcorp in the second quarter valued at approximately $71,000. Jane Street Group LLC bought a new position in shares of Fvcbankcorp during the first quarter valued at approximately $154,000. Finally, JPMorgan Chase & Co. boosted its position in Fvcbankcorp by 18.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,915 shares of the company’s stock valued at $193,000 after purchasing an additional 2,299 shares during the period. 43.61% of the stock is currently owned by institutional investors and hedge funds.

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.