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FVCBankcorp (FVCB) Reports Q3 Earnings: What Key Metrics Have to Say

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FVCBankcorp (FVCB - Free Report) reported $13.56 million in revenue for the quarter ended September 2023, representing a year-over-year decline of 25.1%. EPS of $0.22 for the same period compares to $0.38 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $15.62 million, representing a surprise of -13.16%. The company delivered an EPS surprise of -12.00%, with the consensus EPS estimate being $0.25.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how FVCBankcorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net Interest Margin: 2.4% versus 2.6% estimated by two analysts on average.
  • Efficiency ratio: 66.7% compared to the 58.8% average estimate based on two analysts.
  • Total Non Interest Income: $0.23 million versus $0.90 million estimated by two analysts on average.
  • Net Interest Income: $13.34 million versus $14.72 million estimated by two analysts on average.
View all Key Company Metrics for FVCBankcorp here>>>

Shares of FVCBankcorp have returned -3.2% over the past month versus the Zacks S&P 500 composite's -2.3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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