FAIRFAX, Va. (AP) — FAIRFAX, Va. (AP) — FVCBankcorp, Inc. (FVCB) on Tuesday reported a loss of $5.1 million in its fourth quarter.
The Fairfax, Virginia-based bank said it had a loss of 28 cents per share. Earnings, adjusted for non-recurring costs, came to 21 cents per share.
The company posted revenue of $16.8 million in the period. Its revenue net of interest expense was $2.8 million, which missed Street forecasts.
For the year, the company reported profit of $3.8 million, or 21 cents per share. Revenue was reported as $41 million.
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