FVCBankcorp Q2 FY26 net income rises 45% to $8.2 million - FVCB News | RalliesFVCBankcorp Q2 FY26 net income rises 45% to $8.2 million
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FVCB• Quarterly results and balance sheet highlights
- FVCBankcorp posted net income of $8.2 million, up 45% from the year-ago quarter; diluted EPS rose 45% to $0.45.
- Net interest income climbed 22% to $19.1 million; net interest margin widened 63 basis points to 3.53%.
- Return on average assets improved to 1.48% from 1.02% a year earlier; efficiency ratio tightened to 49.71% from 56.23%.
- Total deposits increased 7.8% year over year to $2.05 billion; noninterest-bearing deposits rose 16.6% to $415.3 million.
- The company declared a quarterly cash dividend of $0.07 per share, payable Aug. 17; CEO David W. Pijor cited a 287% CRE concentration ratio.
