FVCBankcorp: Q1 Earnings Snapshot

FAIRFAX, Va. (AP) — FAIRFAX, Va. (AP) — FVCBankcorp, Inc. (FVCB) on Thursday reported net income of $621,000 in its first quarter.

The bank, based in Fairfax, Virginia, said it had earnings of 3 cents per share. Earnings, adjusted for non-recurring costs, came to 26 cents per share.

The company posted revenue of $20.7 million in the period. Its revenue net of interest expense was $9.4 million, which did not meet Street forecasts.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FVCB at https://www.zacks.com/ap/FVCB

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up