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FVCBankcorp

Nasdaq:FVCB
Snowflake Description

Flawless balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FVCB
Nasdaq
$257M
Market Cap
  1. Home
  2. US
  3. Banks
Company description

FVCBankcorp, Inc. operates as the holding company for FVCbank that provides various banking products and services Virginia. The last earnings update was 34 days ago. More info.


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FVCB Share Price and Events
7 Day Returns
3.1%
NasdaqCM:FVCB
1.1%
US Banks
0.5%
US Market
1 Year Returns
9.1%
NasdaqCM:FVCB
-8%
US Banks
0.8%
US Market
FVCB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
FVCBankcorp (FVCB) 3.1% 8.1% 5.8% 9.1% 57.5% 142.8%
US Banks 1.1% -0.6% -2.8% -8% 46.4% 40.3%
US Market 0.5% -0.1% 1% 0.8% 37.5% 37.5%
1 Year Return vs Industry and Market
  • FVCB outperformed the Banks industry which returned -8% over the past year.
  • FVCB outperformed the Market in United States of America which returned 0.8% over the past year.
Price Volatility
FVCB
Industry
5yr Volatility vs Market

Value

 Is FVCBankcorp undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of FVCBankcorp to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for FVCBankcorp.

NasdaqCM:FVCB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $13.55 * 8%
$1.08
Book Value of Equity per Share Weighted future Book Value estimates from 2 analysts. $13.55
Discount Rate (Cost of Equity) See below 7.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:FVCB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.593 (1 + (1- 21%) (15.51%))
0.776
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 5.96%)
7.5%

Discounted Cash Flow Calculation for NasdaqCM:FVCB using Excess Returns Model Model

The calculations below outline how an intrinsic value for FVCBankcorp is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NasdaqCM:FVCB Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (8% – 7.5%) * $13.55)
$0.06
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $0.06 / (7.5% - 2.73%)
$1.33
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $13.55 + $1.33
$14.87
NasdaqCM:FVCB Discount to Share Price
Calculation Result
Value per share (USD) From above. $14.87
Current discount Discount to share price of $18.65
= -1 x ($18.65 - $14.87) / $14.87
-25.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of FVCBankcorp is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for FVCBankcorp's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are FVCBankcorp's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:FVCB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.95
NasdaqCM:FVCB Share Price ** NasdaqCM (2019-06-14) in USD $18.65
United States of America Banks Industry PE Ratio Median Figure of 600 Publicly-Listed Banks Companies 12.67x
United States of America Market PE Ratio Median Figure of 3,094 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of FVCBankcorp.

NasdaqCM:FVCB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:FVCB Share Price ÷ EPS (both in USD)

= 18.65 ÷ 0.95

19.62x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • FVCBankcorp is overvalued based on earnings compared to the US Banks industry average.
  • FVCBankcorp is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does FVCBankcorp's expected growth come at a high price?
Raw Data
NasdaqCM:FVCB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.62x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
26.6%per year
United States of America Banks Industry PEG Ratio Median Figure of 271 Publicly-Listed Banks Companies 1.37x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

NasdaqCM:FVCB PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 19.62x ÷ 26.6%

0.74x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • FVCBankcorp is good value based on expected growth next year.
Price based on value of assets
What value do investors place on FVCBankcorp's assets?
Raw Data
NasdaqCM:FVCB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $11.92
NasdaqCM:FVCB Share Price * NasdaqCM (2019-06-14) in USD $18.65
United States of America Banks Industry PB Ratio Median Figure of 603 Publicly-Listed Banks Companies 1.2x
United States of America Market PB Ratio Median Figure of 5,244 Publicly-Listed Companies 1.79x
NasdaqCM:FVCB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:FVCB Share Price ÷ Book Value per Share (both in USD)

= 18.65 ÷ 11.92

1.56x

* Primary Listing of FVCBankcorp.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • FVCBankcorp is overvalued based on assets compared to the US Banks industry average.
X
Value checks
We assess FVCBankcorp's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. FVCBankcorp has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is FVCBankcorp expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
26.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is FVCBankcorp expected to grow at an attractive rate?
  • FVCBankcorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • FVCBankcorp's earnings growth is expected to exceed the United States of America market average.
  • FVCBankcorp's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:FVCB Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:FVCB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 26.6%
NasdaqCM:FVCB Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 16.2%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 3.8%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 3.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:FVCB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:FVCB Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 58 20 2
2019-12-31 51 17 2
NasdaqCM:FVCB Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 43 15 12
2018-12-31 40 13 11
2018-09-30 38 12 10
2018-06-30 36 10 9
2018-03-31 35 8
2017-12-31 34 10 8
2017-09-30 31 8
2017-06-30 30 8
2017-03-31 28 7
2016-12-31 27 9 7
2016-09-30 25 6
2016-06-30 25 6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • FVCBankcorp's earnings are expected to grow significantly at over 20% yearly.
  • FVCBankcorp's revenue is expected to grow by 16.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:FVCB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from FVCBankcorp Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:FVCB Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 1.43 1.56 1.35 3.00
2019-12-31 1.20 1.26 1.15 3.00
NasdaqCM:FVCB Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.95
2018-12-31 0.93
2018-09-30 0.95
2018-06-30 0.86
2018-03-31 0.79
2017-12-31 0.74
2017-09-30 0.82
2017-06-30 0.77
2017-03-31 0.74
2016-12-31 0.68
2016-09-30 0.58
2016-06-30 0.58

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if FVCBankcorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess FVCBankcorp's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
FVCBankcorp has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has FVCBankcorp performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare FVCBankcorp's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • FVCBankcorp has delivered over 20% year on year earnings growth in the past 5 years.
  • FVCBankcorp's 1-year earnings growth exceeds its 5-year average (41.2% vs 23.9%)
  • FVCBankcorp's earnings growth has exceeded the US Banks industry average in the past year (41.2% vs 39.5%).
Earnings and Revenue History
FVCBankcorp's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from FVCBankcorp Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:FVCB Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 42.75 11.80 21.00
2018-12-31 39.56 10.87 19.73
2018-09-30 37.99 10.46 18.75
2018-06-30 35.99 9.31 18.00
2018-03-31 34.63 8.36 21.22
2017-12-31 33.88 7.69 16.72
2017-09-30 31.23 8.42 27.32
2017-06-30 29.54 7.83 23.06
2017-03-31 28.32 7.50 14.60
2016-12-31 26.95 6.93 14.60
2016-09-30 25.48 6.22 13.11
2016-06-30 24.89 6.08 13.11
2016-03-31 23.86 5.77 13.11
2015-12-31 22.98 5.42 13.11
2015-09-30 23.04 5.62 11.97
2015-06-30 21.95 5.22 11.97
2015-03-31 20.86 4.74 11.97
2014-12-31 19.61 4.13 11.97
2014-09-30 18.38 3.62 11.08
2014-06-30 17.43 3.05 11.08
2014-03-31 16.49 2.55 11.08
2013-12-31 15.75 2.23 11.08
2012-12-31 11.98 1.48 8.69

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • FVCBankcorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • FVCBankcorp used its assets less efficiently than the US Banks industry average last year based on Return on Assets.
  • Unable to establish if FVCBankcorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess FVCBankcorp's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
FVCBankcorp has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is FVCBankcorp's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of FVCBankcorp's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from FVCBankcorp Company Filings, last reported 2 months ago.

NasdaqCM:FVCB Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 163.99 39.86 47.27
2018-12-31 158.34 26.11 45.44
2018-09-30 138.78 39.72 55.58
2018-06-30 103.97 24.40 37.53
2018-03-31 100.65 36.85 12.16
2017-12-31 98.28 24.33 23.06
2017-09-30 97.55 51.91 29.27
2017-06-30 85.05 28.39
2017-03-31 82.42 24.27
2016-12-31 79.81 51.25 8.78
2016-09-30
2016-06-30
2016-03-31 72.75 35.65 29.69
2015-12-31 72.75 35.65 29.69
2015-09-30
2015-06-30
2015-03-31 66.81 32.50 18.24
2014-12-31 66.81 32.50 18.24
2014-09-30
2014-06-30
2014-03-31 60.90 14.50 28.00
2013-12-31 60.90 14.50 28.00
2012-12-31 39.14 2.50 56.76
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • FVCBankcorp has an acceptable proportion of non-loan assets held.
  • FVCBankcorp's liabilities are made up of primarily low risk sources of funding.
  • Loans at FVCBankcorp are broadly funded by customer deposits.
  • FVCBankcorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • FVCBankcorp has a sufficient allowance for bad loans.
  • FVCBankcorp has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess FVCBankcorp's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. FVCBankcorp has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is FVCBankcorp's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from FVCBankcorp dividends.
If you bought $2,000 of FVCBankcorp shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate FVCBankcorp's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate FVCBankcorp's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:FVCB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 478 Stocks 2.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:FVCB Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as FVCBankcorp has not reported any payouts.
  • Unable to verify if FVCBankcorp's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of FVCBankcorp's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as FVCBankcorp has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess FVCBankcorp's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can FVCBankcorp afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. FVCBankcorp has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of FVCBankcorp's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
David Pijor
COMPENSATION $1,273,262
AGE 66
TENURE AS CEO 4.4 years
CEO Bio

Mr. David W. Pijor has been the Chairman of the Board and Chief Executive Officer of FVCBankcorp, Inc. since its organization and served as its President until July 1, 2017. Mr. Pijor is an Of Counsel to Sherman & Fromme, P.C. (Law Firm). Mr. Pijor is the founding force and lead organizer of FVCBankcorp. His leadership accounts for one of the fastest initial capitalization raises in the history of Virginia banks. He was a practicing attorney in Fairfax, Virginia with over 30 years experience in business law and transactions with an emphasis on taxation. Prior to FVCBankcorp's inception in 2007, he was the lead organizer of James Monroe Bank. Along with the President of James Monroe and serving as its General Counsel, he guided the meteoric growth of that organization over an 8 year period. He served as Chairman of James Monroe Bancorp Inc. since 1999 and its subsidiary, James Monroe Bank since February 1997. He served as Director of James Monroe Bank since 1997. He is a graduate of the University of Michigan, earning a B.A. with honors in economics with high distinction and a Juris Doctor degree from Georgetown Law.

CEO Compensation
  • David's compensation has been consistent with company performance over the past year, both up more than 20%.
  • David's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the FVCBankcorp management team in years:

4.4
Average Tenure
56
Average Age
  • The tenure for the FVCBankcorp management team is about average.
Management Team

David Pijor

TITLE
Chairman & CEO
COMPENSATION
$1M
AGE
66
TENURE
4.4 yrs

Trish Ferrick

TITLE
President
COMPENSATION
$499K
AGE
56
TENURE
2 yrs

B. Dempsey

TITLE
COO & Executive VP
COMPENSATION
$331K
AGE
60
TENURE
4.4 yrs

Jennifer Deacon

TITLE
CFO & Executive VP
AGE
43
TENURE
1.8 yrs

Michelle Buckles

TITLE
Senior Vice President of Compliance

Farideh Mullafiroze

TITLE
Senior Vice President of Business Development

Bertie Gibson

TITLE
Senior VP & Director of Human Resources

Bill Byers

TITLE
Chief Lending Officer & Executive VP
AGE
56
TENURE
8.3 yrs

Todd Lattimer

TITLE
Senior Vice President of Lending

Brian Tower

TITLE
Senior Vice President of Lending
Board of Directors Tenure

Average tenure and age of the FVCBankcorp board of directors in years:

4.4
Average Tenure
63.5
Average Age
  • The tenure for the FVCBankcorp board of directors is about average.
Board of Directors

L. Gunn

TITLE
Vice Chairman & lead Independent Director
COMPENSATION
$53K
AGE
74
TENURE
4.4 yrs

David Pijor

TITLE
Chairman & CEO
COMPENSATION
$1M
AGE
66
TENURE
4.4 yrs

Trish Ferrick

TITLE
President
COMPENSATION
$499K
AGE
56
TENURE
2.4 yrs

Dan Testa

TITLE
Director
COMPENSATION
$45K
AGE
71
TENURE
4.4 yrs

Larry Schwartz

TITLE
Director
COMPENSATION
$56K
AGE
63
TENURE
4.4 yrs

Scott Laughlin

TITLE
Director
COMPENSATION
$46K
AGE
49
TENURE
9.4 yrs

Tom Patterson

TITLE
Director
COMPENSATION
$55K
AGE
66
TENURE
4.4 yrs

Devin Satz

TITLE
Director
COMPENSATION
$45K
AGE
64
TENURE
4.4 yrs

Sid Simmonds

TITLE
Director
COMPENSATION
$45K
AGE
61
TENURE
4.4 yrs

Trey Wills

TITLE
Director
COMPENSATION
$50K
AGE
51
TENURE
4.4 yrs
Who owns this company?
Recent Insider Trading
  • FVCBankcorp insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
05. Jun 19 Buy Patricia Ferrick Individual 04. Jun 19 04. Jun 19 7,812 $6.40 $49,997
16. May 19 Sell Scott Laughlin Individual 15. May 19 16. May 19 -10,361 $18.02 $-179,446
03. May 19 Sell Michael Nassy Individual 03. May 19 03. May 19 -2,596 $16.41 $-42,575
02. May 19 Sell Michael Nassy Individual 02. May 19 02. May 19 -2,000 $16.32 $-32,640
30. Apr 19 Sell Michael Nassy Individual 30. Apr 19 30. Apr 19 -1,600 $16.25 $-26,000
30. Apr 19 Sell Scott Laughlin Individual 26. Apr 19 29. Apr 19 -2,163 $16.39 $-35,429
25. Apr 19 Sell Scott Laughlin Individual 25. Apr 19 25. Apr 19 -976 $16.23 $-15,836
25. Apr 19 Buy Jennifer Deacon Individual 25. Apr 19 25. Apr 19 2,000 $16.18 $32,360
02. Apr 19 Sell William Byers Individual 22. Mar 19 22. Mar 19 -1,000 $17.10 $-17,100
26. Mar 19 Sell Michael Nassy Individual 22. Mar 19 22. Mar 19 -2 $17.30 $-35
26. Mar 19 Sell Michael Nassy Individual 22. Mar 19 25. Mar 19 -2,153 $17.16 $-36,798
20. Mar 19 Sell David Pijor Individual 18. Mar 19 18. Mar 19 -38,000 $17.28 $-656,541
19. Mar 19 Sell Lawrence Schwartz Individual 15. Mar 19 15. Mar 19 -8 $17.35 $-139
19. Mar 19 Sell Lawrence Schwartz Individual 18. Mar 19 18. Mar 19 -13,686 $17.30 $-236,409
26. Oct 18 Buy L. Gunn Individual 25. Oct 18 25. Oct 18 500 $16.78 $8,390
18. Sep 18 Buy Gf, Llc Company 18. Sep 18 18. Sep 18 5,000 $20.00 $100,000
18. Sep 18 Buy Phillip Wills Individual 18. Sep 18 18. Sep 18 25,000 $20.00 $500,000
18. Sep 18 Buy Scott Laughlin Individual 18. Sep 18 18. Sep 18 13,500 $20.00 $270,000
18. Sep 18 Buy Patricia Ferrick Individual 18. Sep 18 18. Sep 18 500 $20.00 $10,000
18. Sep 18 Buy Thomas Patterson Individual 18. Sep 18 18. Sep 18 3,750 $20.00 $75,000
18. Sep 18 Buy Jennifer Deacon Individual 18. Sep 18 18. Sep 18 1,000 $20.00 $20,000
X
Management checks
We assess FVCBankcorp's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. FVCBankcorp has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Here's What FVCBankcorp, Inc.'s (NASDAQ:FVCB) P/E Is Telling Us

The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for FVCBankcorp: P/E of 18.49 = $17.57 ÷ $0.95 (Based on the trailing twelve months to March 2019.) Is A High Price-to-Earnings Ratio Good? … In theory, a company can lower its future P/E ratio by using cash or debt to invest in growth. … Because analysts are predicting more growth in the future, one might have expected to see a higher P/E ratio.

Simply Wall St -

Is Now The Time To Put FVCBankcorp (NASDAQ:FVCB) On Your Watchlist?

Therefore, there are plenty of investors who like to buy shares in companies that are growing EPS. … Although FVCBankcorp certainly looks good to me, I would like it more if insiders were buying up shares. … If you like to see insider buying, too, then this free list of growing companies that insiders are buying, could be exactly what you're looking for.

Simply Wall St -

Can These Factors Give You An Edge In FVCBankcorp, Inc. (NASDAQ:FVCB)?

(NASDAQ:FVCB) are largely tied to the underlying economic growth of the region it operates in US. … After the GFC, a set of reforms called Basel III was imposed in order to strengthen regulation, supervision and risk management in the banking sector. … Strong management of leverage and liquidity could place the bank in a protected position at the face of macro headwinds.

Simply Wall St -

How Should Investors React To FVCBankcorp, Inc.'s (NASDAQ:FVCB) CEO Pay?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does David Pijor's Compensation Compare With Similar Sized Companies. … While we always look at total compensation first, we note that the salary component is less, at US$506k

Simply Wall St -

Did FVCBankcorp, Inc. (NASDAQ:FVCB) Insiders Sell Shares?

(NASDAQ:FVCB), you may well want to know whether insiders have been buying or selling. … So we know that an insider sold shares at around the present share price of US$17.20. … Over the last year we saw more insider selling of FVCBankcorp shares, than buying

Simply Wall St -

Did You Miss FVCBankcorp's (NASDAQ:FVCB) Impressive 101% Share Price Gain?

(NASDAQ:FVCB) shareholders might be concerned after seeing the share price drop 13% in the last quarter. … Only time will tell if there is still too much optimism currently reflected in the share price. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

Simply Wall St -

Don't Sell FVCBankcorp, Inc. (NASDAQ:FVCB) Before You Read This

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … FVCBankcorp has a price to earnings ratio of 18.81, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Can These Factors Give You An Edge In FVCBankcorp, Inc. (NASDAQ:FVCB)?

FVCBankcorp, Inc.’s (NASDAQ:FVCB) profitability and risk are largely affected by the underlying economic growth for the region it operates in US given it is a small-cap stock with a market capitalisation of US$250m. … Given that banks operate by reinvesting deposits in the form of loans, negative economic growth may lower the level of saving deposits and demand for loans, directly affecting those banks’ levels of cash flows. … Strong management of leverage and liquidity could place the bank in a protected position at the face of macro headwinds.

Simply Wall St -

Don't Sell FVCBankcorp Inc (NASDAQ:FVCB) Before You Read This

This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … To keep it practical, we'll show how FVCBankcorp Inc's (NASDAQ:FVCB) P/E ratio could help you assess the value on offer. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Company Info

Description

FVCBankcorp, Inc. operates as the holding company for FVCbank that provides various banking products and services 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; SBA 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. It operates through a network of five banking locations located in Virginia. 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. FVCBankcorp, Inc. was founded in 2007 and is headquartered in Fairfax, Virginia.

Details
Name: FVCBankcorp, Inc.
FVCB
Exchange: NasdaqCM
Founded: 2007
$257,058,526
13,783,299
Website: http://www.fvcbank.com
Address: FVCBankcorp, Inc.
11325 Random Hills Road,
Suite 240,
Fairfax,
Virginia, 22030,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM FVCB Common Stock Nasdaq Capital Market US USD 01. Jul 2013
Number of employees
Current staff
Staff numbers
128
FVCBankcorp employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/17 01:07
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/04/22
Last earnings filing: 2019/05/14
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.