FVCBankcorp reports Q1 2022 net income $6.6M ($0.45 EPS), revenue up 12% YoY

FVCBankcorp, Inc.

2022-Q1 EPS reported $0.45 revenue$390,000

Net income of $6.6M ($0.45 diluted EPS) vs $5.6M ($0.38) in Q1 2021, up 18%.
Net revenues of $16.7M, up 12% from $14.8M a year ago; operating EPS of $0.46.
Loans (ex-PPP) grew 17% YoY to $1.50B; nonperforming assets 0.17% of total assets.
Net interest margin 3.15% vs 3.22% a year ago; efficiency ratio improved to 49.9% from 53.1%.
Total deposits up 14% YoY; noninterest-bearing deposits 30% of total ($545.9M).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.