FVCBankcorp, Inc. SEC 10-Q Report
FVCBankcorp, Inc. has released its Form 10-Q report for Q3 2025, showing financial growth. Total interest and dividend income rose to $29.8 million, while total interest expense decreased to $13.8 million. Net interest income increased to $16.0 million, and net income grew to $5.6 million. Basic and diluted earnings per share improved to $0.31. The company focuses on its core markets in Washington, D.C. and Baltimore, anticipating continued growth and strong credit quality management.
FVCBankcorp, Inc., a prominent financial institution operating primarily in the Washington, D.C. and Baltimore metropolitan areas, has released its Form 10-Q report for the third quarter of 2025. The report highlights the company's financial performance and operational activities, showcasing its continued growth and strategic focus in its core markets.
Financial Highlights
Total Interest and Dividend Income: FVCBankcorp reported $29.8 million for the three months ended September 30, 2025, reflecting a slight increase from $29.2 million in the same period of 2024. This growth was driven by higher interest on deposits at other financial institutions.
Total Interest Expense: The company saw a decrease in total interest expense to $13.8 million for the three months ended September 30, 2025, down from $15.0 million in the same period of 2024, indicating improved cost management in interest expenses.
Net Interest Income: Net interest income rose to $16.0 million for the three months ended September 30, 2025, up from $14.2 million in the same period of 2024, highlighting effective interest rate management.
Net Income: FVCBankcorp's net income increased to $5.6 million for the three months ended September 30, 2025, compared to $4.7 million in the same period of 2024, demonstrating strong profitability growth.
Earnings per Share, Basic: Basic earnings per share were $0.31 for the three months ended September 30, 2025, up from $0.26 in the same period of 2024, reflecting increased shareholder value.
Earnings per Share, Diluted: Diluted earnings per share were $0.31 for the three months ended September 30, 2025, compared to $0.25 in the same period of 2024, indicating improved earnings performance.
Business Highlights
Revenue Segments: The company reported noninterest income from service charges on deposit accounts, fees, exchange, and other service charges, and other income. These revenue streams are primarily transactional and recognized when services are rendered or upon completion.
Geographical Performance: FVCBankcorp operates primarily in the Washington, D.C. and Baltimore metropolitan areas, serving these regions through its branch offices. The company continues to monitor and adapt to economic trends in these areas.
Future Outlook: The company anticipates continued growth in its core markets and is focused on maintaining strong credit quality and managing interest rate risk. The management is optimistic about the company's ability to adapt to changing market conditions and regulatory environments.
SEC Filing: FVCBankcorp, Inc. [ FVCB ] - 10-Q - Nov. 12, 2025
