|Bid||0.00 x 1200|
|Ask||0.00 x 3200|
|Day's Range||11.78 - 12.67|
|52 Week Range||9.27 - 17.64|
|Beta (5Y Monthly)||0.39|
|PE Ratio (TTM)||12.22|
|Earnings Date||Oct 22, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||13.38|
Fvcbankcorp (FVCB) delivered earnings and revenue surprises of 3.70% and 2.08%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of FVCBankcorp (NASDAQ:FVCB) were unaffected in after-market trading after the company reported Q3 results.Quarterly Results Earnings per share increased 0.00% over the past year to $0.28, which beat the estimate of $0.27.Revenue of $13,340,000 higher by 10.25% from the same period last year, which were in line with the estimate of $13,340,000.Looking Ahead FVCBankcorp hasn't issued any earnings guidance for the time being.View more earnings on FVCBRevenue guidance hasn't been issued by the company for now.Price Action 52-week high: $17.6452-week low: $9.27Price action over last quarter: Up 21.23%Company Description FVCBankcorp Inc functions within the financial services sector in the United States. It offers services such as checking, savings, credit cards, merchant services, and others. The bank generates its revenue in the form of interest income.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Recap: Bryn Mawr Bank Q3 Earnings * CoreLogic: Q3 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
FVCBankcorp, Inc. (NASDAQ:FVCB) (the "Company") today reported third quarter 2020 net income of $3.9 million, or $0.28 diluted earnings per share, compared to $4.1 million, or $0.28 diluted earnings per share, for the quarter ended September 30, 2019. Net revenues, which includes net interest income plus noninterest income, for the three months ended September 30, 2020 were $14.4 million, an increase of $1.6 million, from $12.8 million for the year ago quarter ended September 30, 2019. For the nine months ended September 30, 2020, the Company reported net income of $10.5 million, or $0.74 diluted earnings per share, compared to $12.1 million or $0.82 diluted earnings per share, for the same period of 2019. The decrease in net income was primarily attributable to an increase in loan loss provisioning of $3.3 million year-over-year. Net revenues for the nine months ended September 30, 2020 were $40.7 million, an increase of $2.5 million, from $38.2 million for the nine months ended September 30, 2019.