I29 Stock Overview

Operates as the bank holding company for FVCbank that provides various banking products and services for small and medium-sized businesses, professionals, non-profit organizations and associations, and investors in Virginia. More details

I29 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	1/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 57.6% below our estimate of its fair value

Earnings are forecast to grow 74.63% per year

Risk Analysis

Significant insider selling over the past 3 months

Shareholders have been diluted in the past year

Profit margins (11.2%) are lower than last year (25.9%)

My Notes

Capture your thoughts, links and company narrative

FVCBankcorp, Inc. Competitors

Merkur PrivatBank KgaA

XTRA:MBK

€105.8m

ProCredit Holding

XTRA:PCZ

€465.3m

Sterling Bancorp (Southfield MI)

NasdaqCM:SBT

US$249.0m

Hawthorn Bancshares

NasdaqGS:HWBK

US$199.1m

Price History & Performance

Summary of share price highs, lows and changes for FVCBankcorp
Historical stock prices
Current Share Price	US$12.10
52 Week High	US$13.40
52 Week Low	US$9.25
Beta	0.25
1 Month Change	-7.63%
3 Month Change	5.22%
1 Year Change	-7.21%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-3.62%

Recent updates

Shareholder Returns

	I29	DE Banks	DE Market
7D	2.5%	-0.5%	-0.3%
1Y	-7.2%	19.3%	7.0%

Return vs Industry: I29 underperformed the German Banks industry which returned 19.3% over the past year.

Return vs Market: I29 underperformed the German Market which returned 7% over the past year.

Price Volatility

Is I29's price volatile compared to industry and market?
I29 volatility
I29 Average Weekly Movement	5.6%
Banks Industry Average Movement	3.1%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.6%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: I29 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: I29's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2007	118	David Pijor	www.fvcbank.com

FVCBankcorp, Inc. operates as the bank holding company for FVCbank that provides various banking products and services for small and medium-sized businesses, professionals, non-profit organizations and associations, and investors in Virginia. It offers various deposit products, including interest and noninterest-bearing transaction accounts, certificates of deposit, savings, and money market accounts. The company also provides lending products comprising commercial real estate loans; commercial construction loans; commercial loans for a range of business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; small business administration lending; asset based lending and accounts receivable financing; home equity loans or home equity lines of credit; and consumer loans for constructive purposes.

FVCBankcorp, Inc. Fundamentals Summary

How do FVCBankcorp's earnings and revenue compare to its market cap?
I29 fundamental statistics
Market cap	€216.01m
Earnings (TTM)	€4.89m
Revenue (TTM)	€43.76m

44.1x

P/E Ratio

1.0x

P/B Ratio

Is I29 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
I29 income statement (TTM)
Revenue	US$45.55m
Cost of Revenue	US$0
Gross Profit	US$45.55m
Other Expenses	US$40.46m
Earnings	US$5.09m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.28
Gross Margin	100.00%
Net Profit Margin	11.18%
Debt/Equity Ratio	34.0%

How did I29 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 06:53
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

FVCBankcorp, Inc. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Christopher Marinac	Janney Montgomery Scott LLC
Casey Orr Whitman	Piper Sandler Companies
William Wallace	Raymond James & Associates