FVCBankcorp, Inc.

FVCBankcorp, Inc. (FVCB) reported strong FY 2025 performance with net income of $22.1 million, up 46% from $15.1 million in 2024, driven by net interest income growth to $63.8 million (+15% YoY) amid higher loan yields and lower deposit costs. Total assets expanded 4% to $2.29 billion, fueled by 4% loan growth to $1.94 billion (net) and 7% deposit growth to $2.00 billion. Noninterest income rose 44% to $3.6 million, boosted by $1.2 million from minority interests. Provision for credit losses was $1.6 million, reflecting loan expansion, while asset quality remained solid with nonperforming loans at 0.55% of total loans. Net interest margin improved to 2.92% from 2.62%. Shareholders' equity grew to $253.6 million (11.1% of assets). Operating cash flow was $23.9 million, supporting liquidity. Forward-looking, the company emphasizes organic growth, relationship banking in affluent Washington D.C./Baltimore markets, and prudent CRE management (61% of loans), amid economic resiliency despite high rates and mild recession signals.

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