Fvcbankcorp Inc Stock Price, News & Analysis

FVCBankcorp (NASDAQ: FVCB) announced a quarterly cash dividend of $0.06 per share.

The dividend is payable on November 17, 2025 to shareholders of record on October 27, 2025. The declaration and future dividend payments remain at the sole discretion of the Board and are subject to regulatory restrictions.

FVCBankcorp (NASDAQ: FVCB) reported strong Q2 2025 financial results, marking its sixth consecutive quarter of improved earnings. The bank achieved net income of $5.7 million ($0.31 per diluted share), a 36% increase from Q2 2024. Key highlights include a return on average assets of 1.02%, net interest margin improvement to 2.90%, and strong credit quality with nonperforming loans decreasing to 0.46% of total assets.

The company demonstrated financial strength with total assets of $2.24 billion and maintained well-capitalized status with a total risk-based capital ratio of 15.28%. Notable developments include the initiation of a quarterly cash dividend of $0.06 per share and the repurchase of 415,000 shares during Q2 2025 at a total cost of $4.6 million.

Core deposits increased by $47.8 million (6% annualized) in the first half of 2025, while maintaining strong credit quality with the allowance for credit losses at 0.97% of total loans.

FVCBankcorp (NASDAQ: FVCB) has announced the initiation of a quarterly cash dividend program, marking a significant milestone in its shareholder return strategy. The Board of Directors has declared an initial quarterly cash dividend of $0.06 per share, payable on August 18, 2025, to shareholders of record on July 28, 2025.

The total aggregate payment is expected to be approximately $1.1 million. CEO David W. Pijor emphasized that this decision reflects the company's appreciation for 17 years of shareholder support and demonstrates their commitment to enhancing shareholder value through capital returns.

FVCbank (NASDAQ:FVCB) has announced key executive promotions, elevating two long-standing leaders to enhanced roles. Jim Elliott has been promoted to Executive Vice President, Commercial Lending, continuing his service on the Bank's Executive Committee. Steffany Watson has been promoted to Executive Vice President, Chief Services Officer, and joins the Executive Committee.

Elliott, who joined in 2009, has built one of the bank's largest commercial loan portfolios and led the expansion of the Manassas lending team, including the addition of cannabis banking verticals. Watson, with FVCbank since 2007, has been instrumental in developing the bank's online banking platform and treasury services, and now leads loan operations, servicing, and deposit operations.

FVCbank (NASDAQ: FVCB) has announced key executive promotions, elevating Jennifer Deacon and Michael G. Nassy to Senior Executive Vice President roles. Deacon, who serves as Executive Vice President and Chief Financial Officer, has been recognized for her leadership in overseeing the bank's finance and accounting practices, including treasury management and financial reporting. Nassy, currently Executive Vice President and Chief Credit Officer, has been acknowledged for his expertise in credit risk assessment and portfolio management.

The promotions were announced by FVCbank President Patricia A. Ferrick, highlighting their contributions to the bank's strategic objectives and customer service. Both executives will continue to play crucial roles in shaping the bank's strategic vision and growth initiatives in the Baltimore/Washington, D.C. metropolitan areas.

FVCBankcorp (NASDAQ: FVCB) reported strong Q1 2025 financial results, marking its fifth consecutive quarter of improved profitability. Net income reached $5.2 million ($0.28 per diluted share), up 5% from Q4 2024. The company achieved a net interest margin of 2.83%, representing a 15% year-over-year increase, while net interest income grew 18% to $15.1 million compared to Q1 2024.

Credit quality showed significant improvement with nonperforming loans decreasing 16% to $10.7 million. The bank maintained strong capitalization with a total risk-based capital ratio of 15.07%. Total assets reached $2.24 billion, with loans receivable at $1.88 billion. The company extended its share repurchase program, allowing for repurchase of up to 1,300,000 shares through March 31, 2026.

FVCBankcorp (FVCB) has announced the extension of its share repurchase program initiated in 2020. The program allows the company to repurchase up to 1.3 million shares of common stock, representing approximately 7% of outstanding shares as of December 31, 2024.

The extended program will run until March 31, 2026, with repurchases possible through open market purchases, block trades, or private transactions. The implementation will comply with SEC Rule 10b-18 limitations and may include a Rule 10b5-1 trading plan. Repurchased shares will be cancelled and revert to authorized but unissued status.

Management maintains discretion over the timing and amount of repurchases, considering factors such as market conditions, share pricing, alternative investments, and liquidity needs. The program can be modified, suspended, or terminated without notice and does not obligate the company to repurchase any shares.

FVCBankcorp (NASDAQ: FVCB) reported improved financial results for Q4 and full year 2024. Net income reached $4.9 million ($0.26 per diluted share) in Q4 2024, up 5% from Q3 2024. The company's net interest margin improved 17% year-over-year to 2.77%.

Key highlights include: net interest income increased 18% to $14.9 million in Q4 2024; noninterest expense decreased 2% for both Q4 and full year 2024; and the bank maintained a well-capitalized position with total risk-based capital ratio of 14.73%. Total assets stood at $2.20 billion, with loans receivable at $1.87 billion, showing a 2% increase from 2023.

For full year 2024, the company reported net income of $15.1 million ($0.82 per diluted share), a significant increase from $3.8 million in 2023. The bank's asset quality remained strong with an allowance for credit losses at 0.97% of total loans.

FVCBankcorp, Inc. (NASDAQ: FVCB) announced its Q3 2024 financial results, reporting a 16% increase in net income year-over-year to $4.7 million, or $0.25 per diluted share. Return on average assets rose to 0.85%, a 21% increase from Q3 2023. The net interest margin improved by 25 basis points to 2.64%. Classified loans decreased by 86% to $3.2 million, reflecting solid credit quality.

For the nine months ended September 30, 2024, net income was $10.2 million, a 14% increase year-over-year. Total assets grew to $2.29 billion, a 5% increase from December 31, 2023. Loans receivable increased by 2.5% year-to-date. Total deposits rose by 6% to $1.96 billion. The Bank remains well-capitalized with a total risk-based capital ratio of 14.52%.

Management highlighted disciplined loan originations and deposit pricing as key factors for improved net interest income and margin. The Bank originated over $59 million in loans during Q3 2024.