Wall Street analysts predict that FVCBankcorp, Inc. (NASDAQ:FVCB – Get Rating) will report sales of $17.45 million for the current quarter, according to Zacks. Two analysts have made estimates for FVCBankcorp’s earnings. The lowest sales estimate is $17.39 million and the highest is $17.51 million. FVCBankcorp reported sales of $14.87 million during the same quarter last year, which indicates a positive year-over-year growth rate of 17.4%. The firm is expected to report its next quarterly earnings results on Monday, January 1st.
According to Zacks, analysts expect that FVCBankcorp will report full-year sales of $70.63 million for the current fiscal year, with estimates ranging from $70.12 million to $71.14 million. For the next year, analysts forecast that the firm will post sales of $78.17 million, with estimates ranging from $76.87 million to $79.47 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that follow FVCBankcorp.
FVCBankcorp (NASDAQ:FVCB – Get Rating) last released its quarterly earnings data on Thursday, April 21st. The company reported $0.46 EPS for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.06. FVCBankcorp had a net margin of 31.05% and a return on equity of 11.87%.
In other FVCBankcorp news, Director Daniel M. Testa sold 10,108 shares of FVCBankcorp stock in a transaction dated Wednesday, February 2nd. The stock was sold at an average price of $21.04, for a total value of $212,672.32. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Devin Satz sold 2,779 shares of FVCBankcorp stock in a transaction dated Thursday, March 3rd. The shares were sold at an average price of $21.00, for a total value of $58,359.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 34,592 shares of company stock worth $722,704. Company insiders own 21.55% of the company’s stock.
Several large investors have recently added to or reduced their stakes in FVCB. Lazard Asset Management LLC bought a new stake in shares of FVCBankcorp during the fourth quarter worth about $30,000. Royal Bank of Canada grew its holdings in shares of FVCBankcorp by 24.5% during the second quarter. Royal Bank of Canada now owns 9,954 shares of the company’s stock worth $172,000 after purchasing an additional 1,962 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new stake in shares of FVCBankcorp during the fourth quarter worth about $173,000. Diametric Capital LP bought a new stake in FVCBankcorp in the fourth quarter valued at approximately $251,000. Finally, Tudor Investment Corp Et Al bought a new stake in FVCBankcorp in the third quarter valued at approximately $269,000. Institutional investors own 29.72% of the company’s stock.
FVCB stock opened at $20.74 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.90 and a quick ratio of 0.90. The company has a fifty day moving average price of $20.66 and a two-hundred day moving average price of $20.48. FVCBankcorp has a one year low of $16.43 and a one year high of $21.90. The stock has a market cap of $289.09 million, a price-to-earnings ratio of 13.21 and a beta of 0.31.
About FVCBankcorp (Get Rating)
FVCBankcorp, Inc operates as the holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, checking and savings accounts, money market accounts, and certificates of deposit.
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