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FVCBankcorp, Inc. operates as the bank holding company for FVCbank provides various banking products and services for small and medium-sized businesses, professionals, non-profit organizations and associations, and investors. The company provides various deposit products which includes interest and noninterest-bearing transaction accounts, certificates of deposit, savings, and money market accounts. It offers lending products comprising commercial real estate loans; commercial construction loans; commercial loans for a range of business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; small business administration lending; asset based lending and accounts receivable financing; home equity loans or home equity lines of credit; and consumer loans for constructive purposes. In addition, the company provides business and consumer credit cards; merchant services; business insurance products; and digital banking, remote deposit, and mobile banking services. FVCBankcorp, Inc. was founded in 2007 and is headquartered in Fairfax, Virginia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $66M | - | $22M | $24M | 8.7% | 14.6% | 46.4% |
| 2024 | $58M | - | $15M | $18M | 6.4% | 37.0% | 294.1% |
| 2023 | $42M | - | $4M | $16M | 1.8% | -38.1% | -84.7% |
| 2022 | $68M | - | $25M | $22M | 12.3% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 68.11 | 42.14 | 57.75 | 66.16 |
| Pretax Income | 30.99 | 4.23 | 22.30 | 28.25 |
| Tax Provision | 6 | 0.41 | 7.23 | 6.19 |
| Net Income | 24.98 | 3.82 | 15.06 | 22.06 |
| Net Income Common Stockholders | 24.98 | 3.82 | 15.06 | 22.06 |
| Interest Expense | 15.44 | 52.22 | 57.72 | 54.63 |
| Interest Income | 80.68 | 106.61 | 113.31 | 118.40 |
| Selling General And Administration | 22.54 | 23.46 | 22.06 | 22.96 |
| Normalized Income | 25.08 | 4.23 | 15.06 | 22.06 |
| Basic EPS | 1.43 | 0.22 | 0.83 | 1.22 |
| Diluted EPS | 1.35 | 0.21 | 0.82 | 1.21 |
| Tax Effect Of Unusual Items | -0.02 | -0.04 | 0 | 0 |
| Tax Rate For Calcs | 0.19 | 0.10 | 0.32 | 0.22 |
| Total Unusual Items | -0.12 | -0.46 | 0 | 0 |
| Total Unusual Items Excluding Goodwill | -0.12 | -0.46 | 0 | 0 |
| Net Income From Continuing Operation Net Minority Interest | 24.98 | 3.82 | 15.06 | 22.06 |
| Reconciled Depreciation | 0.69 | 0.59 | 0.45 | 0.34 |
| Net Interest Income | 65.24 | 54.40 | 55.59 | 63.77 |
| Net Income From Continuing And Discontinued Operation | 24.98 | 3.82 | 15.06 | 22.06 |
| Diluted Average Shares | 18.48 | 18.23 | 18.40 | 18.26 |
| Basic Average Shares | 17.43 | 17.72 | 18.06 | 18.12 |
| Diluted NI Availto Com Stockholders | 24.98 | 3.82 | 15.06 | 22.06 |
| Net Income Including Noncontrolling Interests | 24.98 | 3.82 | 15.06 | 22.06 |
| Net Income Continuous Operations | 24.98 | 3.82 | 15.06 | 22.06 |
| Special Income Charges | -0.12 | -0.46 | 0 | 0 |
| Write Off | 0 | 0 | 0 | 0 |
| Impairment Of Capital Assets | 0 | 0 | 0 | 0 |
| Restructuring And Mergern Acquisition | 0.12 | 0.46 | 0 | 0 |
| Gain On Sale Of Security | 0 | -15.58 | 0 | 0.09 |
| Depreciation Amortization Depletion Income Statement | 0.26 | 0.20 | 0.17 | 0.12 |
| Depreciation And Amortization In Income Statement | 0.26 | 0.20 | 0.17 | 0.12 |
| Amortization | 0.26 | 0.20 | 0.17 | 0.12 |
| Amortization Of Intangibles Income Statement | 0.26 | 0.20 | 0.17 | 0.12 |
| Selling And Marketing Expense | 0.48 | 0.72 | 0.97 | 0.80 |
| General And Administrative Expense | 22.06 | 22.74 | 21.09 | 22.16 |
| Other Gand A | 0 | 0 | 0 | 0 |
| Insurance And Claims | 1.07 | 1.43 | 1.71 | 1.41 |
| Salaries And Wages | 20.98 | 21.30 | 19.39 | 20.75 |
| Operating Revenue | 68.11 | 42.14 | 57.75 | 66.16 |
| Occupancy And Equipment | 2.19 | 2.36 | 2.03 | 2.11 |
| Professional Expense And Contract Services Expense | 1.21 | 0.86 | 0.93 | 1.15 |
| Other Non Interest Expense | 8.13 | 9.32 | 10.64 | 11.23 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| FVCBankcorp, Inc.this co. | FVCB | $280M | 12.16↓ discount | 1.10 | 8.7% | - |
| John Marshall Bancorp, Inc. | JMSB | $297M | 14.01 | 1.11 | 8.0% | - |
| James River Group Holdings, Inc. | JRVR | $286M | 7.49 | 0.53 | 7.1% | 6.65 |
| Western New England Bancorp, Inc. | WNEB | $283M | 15.90 | 1.14 | 6.2% | - |
| Oak Valley Bancorp | OVLY | $279M |
| 11.51 |
| 1.32 |
| 11.5% |
| - |
| First Community Corporation | FCCO | $278M | 11.62 | 1.36 | 11.5% | - |
| Citizens, Inc. | CIA | $278M | 19.75 | 1.18 | 6.2% | 14.50 |
| First Western Financial, Inc. | MYFW | $270M | 18.01 | 0.99 | 5.0% | - |
| NI Holdings, Inc. | NODK | $267M | - | 1.11 | -4.3% | -18.82 |
| Peer Median | - | 14.01 | 1.13 | 6.6% | 6.65 | |