Fvcbankcorp, Inc. (NASDAQ:FVCB) to Issue $0.07 Quarterly Dividend

Fvcbankcorp, Inc. (NASDAQ:FVCB) announced a quarterly dividend on Thursday, July 16th. Investors of record on Monday, July 27th will be paid a dividend of 0.07 per share on Monday, August 17th. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, July 27th.

Fvcbankcorp Trading Up 2.9%

Shares of Fvcbankcorp stock opened at $18.21 on Friday. The company has a market capitalization of $327.78 million, a P/E ratio of 14.23 and a beta of 0.34. The stock has a fifty day simple moving average of $16.53 and a 200 day simple moving average of $15.61. Fvcbankcorp has a 12-month low of $11.83 and a 12-month high of $18.41. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.09.

Fvcbankcorp (NASDAQ:FVCB) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.02. The business had revenue of $18.29 million for the quarter, compared to analysts’ expectations of $18.24 million. Fvcbankcorp had a return on equity of 9.22% and a net margin of 18.85%. On average, sell-side analysts anticipate that Fvcbankcorp will post 1.47 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Fvcbankcorp

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Empowered Funds LLC increased its stake in shares of Fvcbankcorp by 8.4% in the first quarter. Empowered Funds LLC now owns 61,754 shares of the company’s stock worth $653,000 after purchasing an additional 4,793 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Fvcbankcorp in the first quarter valued at approximately $154,000. Rhumbline Advisers lifted its stake in shares of Fvcbankcorp by 5.9% during the 2nd quarter. Rhumbline Advisers now owns 25,279 shares of the company’s stock valued at $298,000 after buying an additional 1,418 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of Fvcbankcorp during the 2nd quarter valued at approximately $293,000. Finally, Alliancebernstein L.P. boosted its holdings in Fvcbankcorp by 2.0% in the 2nd quarter. Alliancebernstein L.P. now owns 977,330 shares of the company’s stock worth $11,532,000 after buying an additional 18,862 shares during the period. Institutional investors own 43.61% of the company’s stock.

Fvcbankcorp Company Profile

Fvcbankcorp is a bank holding company headquartered in Warrenton, Virginia, operating through its wholly owned subsidiary, The Fauquier Bank. The company traces its origins to The Fauquier Bank, which was chartered in 2007 to serve local businesses and individuals in Northern Virginia. Fvcbankcorp provides strategic oversight and support to its community banking operations, guiding growth initiatives and ensuring regulatory compliance across its branch network.

The Fauquier Bank offers a comprehensive range of commercial and retail banking products and services.