Recap: FVCBankcorp Q1 Earnings

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FVCBankcorp FVCB reported its Q1 earnings results on Thursday, April 20, 2023 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

FVCBankcorp beat estimated earnings by 8.33%, reporting an EPS of $0.26 versus an estimate of $0.24.

Revenue was down $1.04 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.16 which was followed by a 3.36% drop in the share price the next day.

Here's a look at FVCBankcorp's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.38 0.38 0.34 0.32
EPS Actual 0.22 0.38 0.34 0.37
Revenue Estimate 18.00M 17.50M 15.73M 15.02M
Revenue Actual 15.88M 17.53M 16.79M 15.05M

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for FVCBankcorp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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