FVCBankcorp (FVCB) AI Stock Analysis

• Market Cap: $277.81M
• Dividend Yield: 0.87%
• Average Volume (3M): 27.54K
• Price to Earnings (P/E): 12.9
• Beta (1Y): 1.03
• Revenue Growth: 16.68%
• EPS Growth: 322.32%
• Country: US
• Employees: 110
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.31
• Shares Outstanding: 18,074,814
• 10 Day Avg. Volume: 26,170
• 30 Day Avg. Volume: 27,537
• PEG Ratio: 0.24
• Price to Book (P/B): 0.99
• Price to Sales (P/S): 2.07
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.05
• Enterprise Value/Revenue: 2.43
• Enterprise Value/Gross Profit: 4.57
• Enterprise Value/Ebitda: 10.20
• 1Y Price Target: $18.00
• Price Target Upside: 17.11% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: $17.00 ▲(10.61% Upside)
• Action: Reiterated Date: 02/13/26
• Date: Action: Reiterated 02/13/26

The score is held back primarily by the weak/uncertain 2025 cash-flow picture and profitability volatility, despite clear balance-sheet improvement and steady revenue growth. Technicals are supportive but appear overbought, while valuation is reasonable and the recent notes offering is a mixed signal (added capital flexibility but higher debt cost).

Positive Factors

Balance-sheet deleveraging

FVCBankcorp materially reduced leverage and raised tangible capital between 2022 and 2025, creating a stronger regulatory and loss-absorption buffer. This durable improvement supports lending capacity, lowers systemic vulnerability, and improves resilience to credit shocks over the medium term.

Steady revenue growth

Consistent top-line growth from 2020–2025 indicates durable demand for the bank’s loan, deposit and fee products. Persistent revenue expansion supports scale, funds reinvestment in relationship banking and treasury services, and underpins medium-term earnings potential independent of short-term cycles.

Capital flexibility via notes offering

The $25M senior note issuance is a structural move to strengthen regulatory capital and explicitly support lending in the core market. While it carries cost, the issuance increases the bank’s capacity to underwrite loans and manage credit risk, improving strategic flexibility over coming quarters.

Negative Factors

2025 cash-flow deterioration

A reported collapse of operating/free cash flow in 2025, versus consistent positive cash generation 2020–2024, raises durable concerns about cash conversion and liquidity reliability. Until clarified, it weakens confidence in funding internal growth, servicing debt, and sustaining capital returns.

Profitability volatility and margin inconsistency

Earnings quality has been uneven, with wide margin swings and incomplete 2025 margin data. Persistent profitability volatility undermines predictability of returns, complicates capital allocation and dividend planning, and increases reliance on management execution to stabilize long-term ROE.

Higher funding cost and partial reversal of deleveraging

Although the notes boost capital, their 6.75% coupon and added senior unsecured debt raise fixed interest costs and modestly reverse the prior deleveraging trend. Structurally higher funding expense can pressure net interest margin and compress long-run profitability absent offsetting revenue or margin gains.

FVCBankcorp Business Overview & Revenue Model

Company Description

FVCBankcorp, Inc. operates as the holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, checking and savings accounts, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction loans; commercial loans for various business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; small business administration loans; asset-based loans and accounts receivable financing; home equity loans; and consumer loans. In addition, it offers business and consumer credit cards; merchant services; business insurance products; and online banking, remote deposit, and mobile banking services. The company serves the banking needs of commercial businesses, nonprofit organizations, professional service entities, and their respective owners and employees located in the greater Washington, D.C., and Baltimore metropolitan areas. It operates a network of 9 additional branch offices in Arlington, Virginia; the independent city of Manassas, Virginia; Reston, Fairfax County, Virginia; Springfield, Fairfax County in Virginia; Montgomery County and Baltimore in Maryland, and Washington, D.C. FVCBankcorp, Inc. was founded in 2007 and is headquartered in Fairfax, Virginia.

How the Company Makes Money

FVCBankcorp generates revenue primarily through interest income from loans, which includes commercial, consumer, and mortgage loans. The bank charges interest on these loans, which forms a significant portion of its earnings. Additionally, FVCB earns income from fees associated with deposit services, transaction services, and treasury management solutions. The institution may also benefit from investment income generated through the purchase of securities. Strategic partnerships with local businesses and community organizations enhance its market presence and drive customer acquisition, contributing to its overall revenue growth.

FVCBankcorp Financial Statement Overview

Summary

Income statement trends show steady revenue growth and a strong 2024 earnings rebound, and the balance sheet reflects major deleveraging by 2025. However, profitability has been volatile and the 2025 cash-flow data shows operating/free cash flow at zero (or potentially missing), which materially weakens confidence in current-year financial quality.

Income Statement

Revenue has grown steadily from 2020 through 2025 (positive growth each year), and profitability rebounded strongly in 2024 versus 2023 (net income up materially). However, earnings quality looks less consistent across the period: net margin swung from very strong levels in 2020–2022 to much lower in 2023–2024, and 2025 shows a much lower net margin than 2024. Several 2025 margin fields appear inconsistent/blank in the dataset, which reduces confidence in the trend read-through.

Balance Sheet

Leverage has improved dramatically versus 2022: total debt fell from about $295M (2022) to about $18.8M (2025), while equity increased to about $254M and assets rose to about $2.29B. That deleveraging supports balance-sheet resilience. Offsetting this, reported debt-to-equity and return-on-equity are missing/zeroed in 2025, limiting visibility into current-year capital efficiency, and the 2022 balance sheet showed meaningfully higher leverage, highlighting that capital structure has been volatile.

Cash Flow

Cash generation looks solid and consistent from 2020–2024, with operating cash flow positive each year and free cash flow closely tracking net income (near one-to-one in 2020–2024). The key concern is 2025, where operating and free cash flow are reported as zero and free cash flow growth is -100%, which is a sharp deterioration versus prior years. Given the otherwise stable history, this could reflect a data gap or an unusually weak year—but either way it raises risk around current cash conversion.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	122.03M	111.58M	91.86M	83.55M	71.50M
Gross Profit	65.82M	53.85M	39.51M	65.48M	61.52M
EBITDA	28.25M	22.74M	4.83M	31.68M	29.07M
Net Income	22.06M	15.06M	3.82M	24.98M	21.93M
Balance Sheet
Total Assets	2.29B	2.20B	2.19B	2.34B	2.20B
Cash, Cash Equivalents and Short-Term Investments	159.11M	247.43M	232.12M	359.62M	598.57M
Total Debt	18.75M	76.33M	113.86M	294.96M	55.62M
Total Liabilities	2.04B	1.96B	1.97B	2.14B	1.99B
Stockholders Equity	253.60M	235.35M	217.12M	202.38M	209.80M
Cash Flow
Free Cash Flow	0.00	18.09M	16.06M	22.23M	18.96M
Operating Cash Flow	0.00	18.23M	16.27M	22.39M	19.45M
Investing Cash Flow	0.00	-8.92M	149.23M	-225.83M	-344.34M
Financing Cash Flow	-8.16M	-9.19M	-164.71M	186.08M	328.67M

FVCBankcorp Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 15.37
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FVCB, the sentiment is Neutral. The current price of 15.37 is below the 20-day moving average (MA) of 15.60, above the 50-day MA of 14.65, and above the 200-day MA of 13.00, indicating a neutral trend. The MACD of 0.32 indicates Positive momentum. The RSI at 51.36 is Neutral, neither overbought nor oversold. The STOCH value of 18.49 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FVCB.

FVCBankcorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NWFL	70 Outperform	$318.62M	9.85	12.18%	4.21%	-4.66%	-58.94%
MBCN	68 Neutral	$275.87M	14.20	9.73%	2.39%	7.13%	48.87%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
FVCB	61 Neutral	$277.81M	12.85	8.87%	0.87%	16.68%	322.32%
MYFW	58 Neutral	$245.30M	18.77	4.95%	―	1.53%	109.74%
INBK	51 Neutral	$174.21M	-4.97	-8.99%	1.07%	2.49%	-248.43%

FVCBankcorp Corporate Events

FVCBankcorp Completes $25 Million Senior Notes Offering

On February 11, 2026, FVCBankcorp, Inc. completed a private placement of $25 million in fixed-rate senior unsecured notes due March 1, 2029, sold to qualified institutional buyers and institutional accredited investors. The notes carry a 6.75% annual coupon, pay interest semi-annually, are not convertible, and rank pari passu with the company’s other senior unsecured debt while remaining effectively subordinated to any secured obligations.

The notes may be redeemed at par plus accrued interest starting March 1, 2028, or earlier upon certain tax or regulatory risks, and include covenants restricting the disposition and encumbrance of voting stock in key subsidiaries, as well as cross-default and cross-acceleration provisions tied to other material indebtedness. FVCBankcorp intends to use the proceeds for general corporate purposes, including bolstering capital ratios at FVCbank, a move that enhances regulatory capital flexibility and supports the bank’s capacity to sustain loan growth and manage risk in its core Washington, D.C. market.

The most recent analyst rating on (FVCB) stock is a Buy with a $18.00 price target. To see the full list of analyst forecasts on FVCBankcorp stock, see the FVCB Stock Forecast page.