FVCBankcorp Inc reports results for the quarter ended March 31 - Earnings Summary

• FVCBankcorp Inc FVCB.OQ reported quarterly adjusted earnings of 28 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 20 cents. The lone analyst forecast for the quarter was for earnings of 24 cents per share.

• Revenue rose 17.7% to $15.05 million from a year ago; analysts expected $14.84 million.

• FVCBankcorp Inc's reported EPS for the quarter was 28 cents​.

• The company reported quarterly net income of $5.17 million.

• FVCBankcorp Inc shares had fallen by 5.6% this quarter and lost 20.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 4% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "hold"

• Wall Street's median 12-month price target for FVCBankcorp Inc is $12.50

This summary was machine generated from LSEG data April 22 at 08:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)