FVCBankcorp Management

Management criteria checks 4/4

FVCBankcorp's CEO is David Pijor, appointed in Jan 2015, has a tenure of 9.33 years. total yearly compensation is $889.21K, comprised of 91.1% salary and 8.9% bonuses, including company stock and options. directly owns 2.45% of the company’s shares, worth $5.05M. The average tenure of the management team and the board of directors is 8.8 years and 9.3 years respectively.

Key information

David Pijor

Chief executive officer

US$889.2k

Total compensation

CEO salary percentage	91.1%
CEO tenure	9.3yrs
CEO ownership	2.5%
Management average tenure	8.8yrs
Board average tenure	9.3yrs

Recent management updates

Recent updates

FVCBankcorp Non-GAAP EPS of $0.48 beats by $0.01, revenue of $18.1M beats by $0.6M

Oct 20

FVCBankcorp Non-GAAP EPS of $0.43 beats by $0.01, revenue of $17.44M beats by $2.04M

Jul 21

With EPS Growth And More, FVCBankcorp (NASDAQ:FVCB) Is Interesting

Jun 08

We Think Some Shareholders May Hesitate To Increase FVCBankcorp, Inc.'s (NASDAQ:FVCB) CEO Compensation

May 13

What You Need To Know About FVCBankcorp, Inc.'s (NASDAQ:FVCB) Investor Composition

Mar 13

Insider Buying: Meena Krishnan Just Spent US$67k On FVCBankcorp, Inc. (NASDAQ:FVCB) Shares

Feb 06

FVCBankcorp, Inc. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Jan 26

CEO Compensation Analysis

How has David Pijor's remuneration changed compared to FVCBankcorp's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$5m
Dec 31 2023	US$889k	US$810k	US$4m
Sep 30 2023	n/a	n/a	US$14m
Jun 30 2023	n/a	n/a	US$17m
Mar 31 2023	n/a	n/a	US$19m
Dec 31 2022	US$2m	US$802k	US$25m
Sep 30 2022	n/a	n/a	US$27m
Jun 30 2022	n/a	n/a	US$24m
Mar 31 2022	n/a	n/a	US$23m
Dec 31 2021	US$2m	US$750k	US$22m
Sep 30 2021	n/a	n/a	US$20m
Jun 30 2021	n/a	n/a	US$20m
Mar 31 2021	n/a	n/a	US$17m
Dec 31 2020	US$1m	US$692k	US$16m
Sep 30 2020	n/a	n/a	US$14m
Jun 30 2020	n/a	n/a	US$14m
Mar 31 2020	n/a	n/a	US$16m
Dec 31 2019	US$2m	US$640k	US$16m
Sep 30 2019	n/a	n/a	US$14m
Jun 30 2019	n/a	n/a	US$13m
Mar 31 2019	n/a	n/a	US$12m
Dec 31 2018	US$1m	US$578k	US$11m
Sep 30 2018	n/a	n/a	US$10m
Jun 30 2018	n/a	n/a	US$9m
Mar 31 2018	n/a	n/a	US$8m
Dec 31 2017	US$1m	US$506k	US$8m

Compensation vs Market: David's total compensation ($USD889.21K) is below average for companies of similar size in the US market ($USD1.64M).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.

CEO

David Pijor (71 yo)

9.3yrs

Tenure

US$889,210

Compensation

Mr. David W. Pijor, Esq., serves as Chairman and Chief Executive Officer of FVCBankcorp, Inc. from 2015 and Chairman and Chief Executive Officer of FVCbank from 2007 and also served as President from 2014...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Pijor	CEO & Chairman	9.3yrs	US$889.21k	2.45% $ 5.1m
Patricia Ferrick	President	6.9yrs	US$547.86k	0.76% $ 1.6m
Jennifer Deacon	Executive VP & CFO	6.7yrs	no data	0.17% $ 346.9k
B. Dempsey	Executive VP & COO	9.3yrs	US$331.14k	0.53% $ 1.1m
Josh Grimes	Chief Technology Officer	no data	no data	no data
Lisa Craze	Senior Vice President of Loan Documentation & Administration	no data	no data	no data
R. Gemmill	Senior VP & Chief Marketing Officer	no data	no data	no data
Alberta Gibson	Senior VP & Director of Human Resources	no data	no data	no data
Michael Nassy	Executive VP & Chief Credit Officer	12.3yrs	no data	0.25% $ 521.9k
James Elliott	Market President of Virginia	no data	no data	no data
Michelle Buckles	Chief Risk Officer	no data	no data	no data
Sharon Jackson	Executive VP & Chief Banking Officer	8.3yrs	no data	0.19% $ 382.1k

8.8yrs

Average Tenure

62yo

Average Age

Experienced Management: FVCB's management team is seasoned and experienced (8.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Pijor	CEO & Chairman	9.3yrs	US$889.21k	2.45% $ 5.1m
Patricia Ferrick	President	6.9yrs	US$547.86k	0.76% $ 1.6m
Scott Laughlin	Independent Director	14.3yrs	US$116.14k	0.79% $ 1.6m
Lawrence Schwartz	Independent Director	9.3yrs	US$71.80k	0.20% $ 417.0k
Sidney Simmonds	Independent Director	12.3yrs	US$58.40k	0.48% $ 980.9k
Steven Wiltse	Independent Director	6.9yrs	US$64.60k	0.19% $ 388.5k
Marc Duber	Independent Director	1.6yrs	US$57.20k	0.020% $ 42.2k
L. Gunn	Vice Chairman & Lead Independent Director	9.3yrs	US$67.80k	0.27% $ 560.6k
Daniel Testa	Independent Director	9.3yrs	US$58.00k	1.0% $ 2.1m
Devin Satz	Independent Director	9.3yrs	US$58.60k	0.77% $ 1.6m
Phillip Wills	Independent Director	14.3yrs	US$99.85k	1.05% $ 2.2m
Meena Krishnan	Independent Director	3.3yrs	US$67.80k	0.11% $ 223.3k

9.3yrs

Average Tenure

65.5yo

Average Age

Experienced Board: FVCB's board of directors are considered experienced (9.3 years average tenure).

FVCBankcorp Management

Management criteria checks 4/4

Key information

Recent management updates

FVCBankcorp, Inc., Annual General Meeting, May 15, 2024

Chairman & CEO recently sold US$118k worth of stock

Independent Director exercised options and sold US$95k worth of stock

Independent Director exercised options and sold US$65k worth of stock

Executive VP & Chief Lending Officer exercised options and sold US$97k worth of stock

Independent Director notifies of intention to sell stock

Recent updates

Consensus EPS estimates fall by 21%

Investor sentiment deteriorates as stock falls 16%

FVCBankcorp, Inc., Annual General Meeting, May 15, 2024

Chairman & CEO recently sold US$118k worth of stock

Independent Director exercised options and sold US$95k worth of stock

Independent Director exercised options and sold US$65k worth of stock

Executive VP & Chief Lending Officer exercised options and sold US$97k worth of stock

Independent Director notifies of intention to sell stock

Independent Director recently sold US$370k worth of stock

Insufficient new directors

Executive VP & Chief Lending Officer recently sold US$72k worth of stock

Consensus EPS estimates fall by 34%

FVCBankcorp, Inc. Announces Executive Changes

Chairman & CEO recently sold US$83k worth of stock

New minor risk - Profit margin trend

Independent Director recently sold US$100k worth of stock

Investor sentiment deteriorates as stock falls 16%

Independent Director recently sold US$90k worth of stock

FVCBankcorp, Inc. Reports Net Charge-Offs for the Second Quarter Ended June 30, 2023

FVCBankcorp, Inc. Announces Resignation of Thomas L Patterson, Director

Investor sentiment improves as stock rises 19%

Investor sentiment improves as stock rises 16%

Executive VP & CFO recently bought US$60k worth of stock

Consensus revenue estimates fall by 11%

Price target decreased by 12% to US$12.75

Full year 2022 earnings: EPS and revenues miss analyst expectations

Now 27% undervalued after recent price drop

Independent Director recently sold US$183k worth of stock

Independent Director recently sold US$100k worth of stock

Consensus EPS estimates fall by 11%

Price target decreased by 12% to US$19.38

FVCBankcorp, Inc. Reports Unaudited Net Charge-Offs for the Fourth Quarter Ended December 31, 2022

Now 22% undervalued after recent price drop

Full year 2022 earnings: EPS and revenues miss analyst expectations

Independent Director notifies of intention to sell stock

President exercised options and sold US$72k worth of stock

FVCbank Taps Bruce Gemmill as Senior Vice President / Chief Marketing Officer

Independent Director recently sold US$99k worth of stock

Independent Director notifies of intention to sell stock

Independent Director recently sold US$102k worth of stock

Independent Director notifies of intention to sell stock

Independent Director recently sold US$103k worth of stock

Third quarter 2022 earnings: EPS exceeds analyst expectations

FVCBankcorp Non-GAAP EPS of $0.48 beats by $0.01, revenue of $18.1M beats by $0.6M

FVCBankcorp, Inc. and FVCbank Appoints Marc N. Duber to Board of Directors

Now 20% undervalued after recent price drop

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

FVCBankcorp Non-GAAP EPS of $0.43 beats by $0.01, revenue of $17.44M beats by $2.04M

Price target decreased to US$22.17

Independent Director recently sold US$323k worth of stock

First quarter 2022 earnings: EPS misses analyst expectations

Insufficient new directors

First quarter 2022 earnings: EPS misses analyst expectations

Insufficient new directors

Fvcbankcorp, Inc. Announces That Morton A. Bender, A Director of the Company, Passed Away on April 11, 2022

FVCBankcorp, Inc., Annual General Meeting, May 18, 2022

Blue Ridge Bankshares, Inc. (NYSEAM:BRBS) cancelled the acquisition of FVCBankcorp, Inc. (NASDAQ:FVCB) in a merger of equals.

Now 21% undervalued after recent price drop

Independent Director exercised options to buy US$371k worth of stock.

Third quarter 2021 earnings released: EPS US$0.34 (vs US$0.29 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.38 (vs US$0.21 in 2Q 2020)

Blue Ridge Bankshares, Inc. (NYSEAM:BRBS) entered into a definitive agreement to acquire FVCBankcorp, Inc. (NASDAQ:FVCB) in a merger of equals for approximately $280 million.

Investor sentiment improved over the past week

FVCBankcorp, Inc.(NasdaqCM:FVCB) dropped from Russell 3000E Value Index

With EPS Growth And More, FVCBankcorp (NASDAQ:FVCB) Is Interesting

We Think Some Shareholders May Hesitate To Increase FVCBankcorp, Inc.'s (NASDAQ:FVCB) CEO Compensation

First quarter 2021 earnings released: EPS US$0.41 (vs US$0.27 in 1Q 2020)

FVCBankcorp, Inc. Reports Net Charge-Offs for the First Quarter Ended March 31, 2021

President exercised options to buy US$120k worth of stock.