FVCB

MKT CAP:$282M

FVCBankcorp, Inc.

Market Cap

$282M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$15.99+$2.03 (+14.54%)

Apr 22, 2026

Company Details

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...

CEO

David W. Pijor

IPO Date

May 6, 2015

Website

www.fvcbank.com

Key Metrics TTM

Revenue

$109M

-3.3% YoY

Net Income

$23M

EPS (Diluted)

$1.28

Free Cash Flow

$24M

Revenue / Share

$6.04

Gross Margin

61.1%

Operating Margin

26.7%

Net Margin

21.3%

FCF Margin

21.8%

P/S

2.6x

P/E

12.1x

Earnings Reports

Q1 2026

Apr 21, 2026

NEW

$17M-37.8%EPS $0.35

FY 2025

Mar 16, 2026

$122M+9.4%EPS $1.21

Q4 2025

Mar 16, 2026

$32M+9.7%EPS $0.31

Q3 2025

Nov 12, 2025

$30M+5.3%EPS $0.31

Q2 2025

Aug 13, 2025

$30M+9.3%EPS $0.31

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$19M	$16M	$8M
Q3 22	$21M	$17M	$9M
Q4 22	$24M	$16M	$6M
Q1 23	$21M	$9M	$135.0K
Q2 23	$27M	$14M	$5M
Q3 23	$28M	$14M	$5M
Q4 23	$18M	$4M	-$7M
Q1 24	$27M	$12M	$5M
Q2 24	$28M	$13M	$5M
Q3 24	$29M	$14M	$6M
Q4 24	$29M	$14M	$6M
Q1 25	$28M	$14M	$6M
Q2 25	$30M	$16M	$7M
Q3 25	$30M	$16M	$7M
Q4 25	$32M	$17M	$7M
Q1 26	$17M	$17M	$7M

Valuation

Quarter	P/S	P/E
Q2 22	3.8x	11.5x
Q3 22	4.4x	12.6x
Q4 22	3.3x	10.7x
Q1 23	2.2x	10.1x
Q2 23	2.1x	11.5x
Q3 23	2.1x	14.9x
Q4 23	2.7x	67.2x
Q1 24	2.2x	47.6x
Q2 24	1.9x	43.5x
Q3 24	2.4x	48.3x
Q4 24	2.1x	15.8x
Q1 25	1.8x	10.5x
Q2 25	1.9x	10.6x
Q3 25	2.0x	11.0x
Q4 25	2.1x	11.4x
Q1 26	2.5x	11.6x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$4M	$4M
Q2 22	$3M	$3M
Q3 22	$7M	$7M
Q4 22	$8M	$8M
Q1 23	$3M	$2M
Q2 23	$3M	$3M
Q3 23	$6M	$6M
Q4 23	$5M	$4M
Q1 24	$7M	$7M
Q2 24	$2M	$1M
Q3 24	$5M	$5M
Q4 24	$5M	$5M
Q1 25	$5M	$5M
Q2 25	$3M	$3M
Q3 25	$8M	$8M
Q4 25	$8M	$8M

Capital Expenditures

Quarter	CapEx
Q1 22	$31.0K
Q2 22	$40.0K
Q3 22	$58.0K
Q4 22	$37.0K
Q1 23	$59.0K
Q2 23	$31.0K
Q3 23	$43.0K
Q4 23	$79.0K
Q1 24	$14.0K
Q2 24	$53.0K
Q3 24	$58.0K
Q4 24	$16.0K
Q1 25	$16.0K
Q2 25	$13.0K
Q3 25	$1.0K
Q4 25	$17.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+13.8%	+9.3%
Q3 22	+20.7%	+5.3%
Q4 22	+31.2%	+83.8%
Q1 23	+16.5%	+108.3%
Q2 23	+41.8%	+94.3%
Q3 23	+31.6%	+88.0%
Q4 23	-23.4%	+38.0%
Q1 24	+28.2%	+6.8%
Q2 24	+0.6%	+1.3%
Q3 24	+3.6%	+0.9%
Q4 24	+55.3%	-10.9%
Q1 25	+5.6%	-1.6%
Q2 25	+9.3%	+2.9%
Q3 25	+5.3%	+1.5%
Q4 25	+9.7%	+7.9%
Q1 26	-37.8%	-53.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$204.0K	1.1%
Q2 22	$248.0K	1.3%
Q3 22	$347.0K	1.6%
Q4 22	$384.0K	1.6%
Q1 23	$324.0K	1.6%
Q2 23	$326.0K	1.2%
Q3 23	$259.0K	0.9%
Q4 23	$234.0K	1.3%
Q1 24	$135.0K	0.5%
Q2 24	$234.0K	0.8%
Q3 24	$251.0K	0.9%
Q4 24	$169.0K	0.6%
Q1 25	$219.0K	0.8%
Q2 25	$214.0K	0.7%
Q3 25	$206.0K	0.7%
Q4 25	-$639.0K	-2.0%

OpEx Breakdown

Quarter	G&A	S&M
Q2 22	$5M	$89.0K
Q3 22	$6M	$93.0K
Q4 22	$6M	$213.0K
Q1 23	$5M	$154.0K
Q2 23	$6M	$206.0K
Q3 23	$6M	$167.0K
Q4 23	$6M	$197.0K
Q1 24	$5M	$204.0K
Q2 24	$5M	$262.0K
Q3 24	$5M	$281.0K
Q4 24	$5M	$222.0K
Q1 25	$5M	$169.0K
Q2 25	$5M	$249.0K
Q3 25	$6M	$211.0K
Q4 25	$6M	—
Q1 26	$10M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$208M	$308M	$516M
Q3 22	$68M	$282M	$351M
Q4 22	$82M	$278M	$360M
Q1 23	$145M	$239M	$384M
Q2 23	$75M	$231M	$306M
Q3 23	$97M	$216M	$313M
Q4 23	$61M	$172M	$232M
Q1 24	$81M	$167M	$247M
Q2 24	$165M	$162M	$327M
Q3 24	$178M	$165M	$343M
Q4 24	$91M	$156M	$247M
Q1 25	$124M	$159M	$283M
Q2 25	$135M	$0	$135M
Q3 25	$229M	$0	$229M
Q4 25	$6M	$153M	$159M
Q1 26	$9M	$151M	$160M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	19M	+1.1%	+2.4%
Q3 22	18M	-0.7%	+1.1%
Q4 22	18M	+0.1%	+0.9%
Q1 23	18M	-1.0%	-0.5%
Q2 23	18M	-1.3%	-2.8%
Q3 23	18M	+1.2%	-1.0%
Q4 23	18M	+0.1%	-1.0%
Q1 24	18M	+0.1%	+0.1%
Q2 24	18M	+0.1%	+1.6%
Q3 24	18M	+0.5%	+0.9%
Q4 24	18M	+0.3%	+1.1%
Q1 25	18M	-0.1%	+0.8%
Q2 25	18M	-1.1%	-0.5%
Q3 25	18M	-0.4%	-1.4%
Q4 25	18M	-0.2%	-1.9%
Q1 26	18M	-0.2%	-1.9%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$153.3K	126
Q3 22	$167.9K	126
Q4 22	$184.1K	131
Q1 23	$157.8K	131
Q2 23	$209.0K	131
Q3 23	$212.5K	131
Q4 23	$159.3K	116
Q1 24	$228.5K	116
Q2 24	$237.4K	116
Q3 24	$248.5K	116
Q4 24	$261.0K	110
Q1 25	$254.4K	110
Q2 25	$273.5K	110
Q3 25	$275.9K	110
Q4 25	$264.8K	119
Q1 26	$146.3K	119

Revenue / Employee