FVCBankcorp reports record Q4 net income $6.5M; FY2021 EPS $1.50

FVCBankcorp, Inc.

2021-FY EPS reported $1.50 revenue$1,588,000

Q4 2021 net income $6.5M, diluted EPS $0.44, up 30% YoY from $0.36.
Full-year 2021 net income $21.9M, diluted EPS $1.50, up 41% from $1.10.
Operating earnings (excl. merger expenses) Q4 $6.8M, diluted EPS $0.46.
Loans (excl. PPP) grew 12% YoY; nonperforming assets fell to 0.16% of assets.
Merger with Blue Ridge terminated Jan 20, 2022; $1.4M merger expenses in FY2021.

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