FVCBankcorp (FVCB)


Market Price (10/25/2026): $17.11 | Market Cap: $308.6 MilSector: Financials | Industry: Regional Banks

FVCBankcorp (FVCB)


Market Price (10/25/2026): $17.11
Market Cap: $308.6 Mil
Sector: Financials
Industry: Regional Banks

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.4%, FCF Yield is 10%

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -72%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 44%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 44%

Low stock price volatility
Vol 12M is 22%

Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments.

Weak multi-year price returns
2Y Excs Rtn is -1.0%, 3Y Excs Rtn is -29%

Key risks
FVCB key risks include [1] its heavy dependence on the Washington D.C. Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.4%, FCF Yield is 10%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -72%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 44%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 44%
3 Low stock price volatility
Vol 12M is 22%
4 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments.
5 Weak multi-year price returns
2Y Excs Rtn is -1.0%, 3Y Excs Rtn is -29%
6 Key risks
FVCB key risks include [1] its heavy dependence on the Washington D.C. Show more.

FVCB in ETFs

Weight = FVCB's share of each fund

VTI0.00%
IWM0.01%
AVUV0.02%
VTWO0.01%
DFAS0.01%
IWN0.00%
DFAC0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 10/1/2026

FVCBankcorp (FVCB) stock has remained largely at the same level since 6/30/2026 because of the following key factors:

1. FVCBankcorp reported strong fiscal Q2 2026 earnings, which typically provides upward momentum, but was tempered by broader market conditions. The company announced record earnings for the quarter ended June 30, 2026, with net income increasing by 45% year-over-year to $8.2 million, and diluted earnings per share (EPS) of $0.42, surpassing analysts' expectations of $0.36 by 16.67%. This strong performance included an $847 thousand pre-tax gain from the sale of its interest in Bearing Insurance Group, LLC. Despite these positive company-specific results, the stock's overall movement since June 30, 2026, remained largely stable, indicating other factors were at play.

2. The regional banking sector, while resilient, faced macroeconomic uncertainties, potentially offsetting individual bank strengths. While U.S. regional banks, including FVCB, demonstrated resilient financial results in 2026 with expectations for continued loan growth and stable asset quality, the broader environment presented challenges. Factors such as elevated deposit pricing pressures, moderating real estate valuations, and general economic uncertainty, including persistent inflation above the Federal Reserve's 2% target, likely contributed to a more cautious investor sentiment across the sector, thereby limiting significant upward movement for FVCB despite its individual successes.

Show more
Updated on 10/1/2026

FVCBankcorp (FVCB) stock has remained largely at the same level since 6/30/2026 because of the following key factors:

1. FVCBankcorp reported strong fiscal Q2 2026 earnings, which typically provides upward momentum, but was tempered by broader market conditions. The company announced record earnings for the quarter ended June 30, 2026, with net income increasing by 45% year-over-year to $8.2 million, and diluted earnings per share (EPS) of $0.42, surpassing analysts' expectations of $0.36 by 16.67%. This strong performance included an $847 thousand pre-tax gain from the sale of its interest in Bearing Insurance Group, LLC. Despite these positive company-specific results, the stock's overall movement since June 30, 2026, remained largely stable, indicating other factors were at play.

2. The regional banking sector, while resilient, faced macroeconomic uncertainties, potentially offsetting individual bank strengths. While U.S. regional banks, including FVCB, demonstrated resilient financial results in 2026 with expectations for continued loan growth and stable asset quality, the broader environment presented challenges. Factors such as elevated deposit pricing pressures, moderating real estate valuations, and general economic uncertainty, including persistent inflation above the Federal Reserve's 2% target, likely contributed to a more cautious investor sentiment across the sector, thereby limiting significant upward movement for FVCB despite its individual successes.

3. Consistent capital management through dividends and an extended share repurchase program provided stability without significant upward catalysts. FVCBankcorp continued its commitment to shareholder returns by announcing a quarterly cash dividend of $0.07 per share on July 16, 2026. Additionally, the company extended its share repurchase program on March 19, 2026, authorizing repurchases of up to 1,400,000 shares, approximately 8% of its outstanding common stock as of December 31, 2025. These actions tend to support the stock's price and signal financial health but may not trigger substantial appreciation if new growth catalysts are not perceived or if broader market sentiment for the sector remains moderate.

4. Limited analyst coverage and price targets suggested a moderate upside, contributing to the stock maintaining its level. FVCBankcorp has limited coverage from analysts, with only two providing ratings. As of July 26, 2026, Piper Sandler maintained a "Buy" rating with a price target of $21.00. The average 12-month price target from analysts was $19.38, with a high of $21.00 and a low of $17.75. Given the stock was trading around $17.43 at the beginning of the period and $17.98 by late September 2026, the potential upside implied by these targets (approximately 9.22% from the average target) might not have been compelling enough to drive aggressive buying and a significant price surge.

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Stock Movement Drivers

Fundamental Drivers

The -1.9% change in FVCB stock from 6/30/2026 to 10/24/2026 was primarily driven by a -11.2% change in the company's P/E Multiple.
(LTM values as of)630202610242026Change
Stock Price ($)17.4317.10-1.9%
Change Contribution By: 
Total Revenues ($ Mil)69725.0%
Net Income Margin (%)33.8%35.7%5.7%
P/E Multiple13.411.9-11.2%
Shares Outstanding (Mil)1818-0.5%
Cumulative Contribution-1.9%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2026 to 10/24/2026
ReturnCorrelation
FVCB-1.9% 
Market (SPY)1.8%20.8%
Sector (XLF)4.3%51.8%

Fundamental Drivers

The 13.5% change in FVCB stock from 3/31/2026 to 10/24/2026 was primarily driven by a 9.3% change in the company's Total Revenues ($ Mil).
(LTM values as of)331202610242026Change
Stock Price ($)15.0617.1013.5%
Change Contribution By: 
Total Revenues ($ Mil)66729.3%
Net Income Margin (%)33.3%35.7%7.2%
P/E Multiple12.311.9-3.0%
Shares Outstanding (Mil)18180.0%
Cumulative Contribution13.5%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 10/24/2026
ReturnCorrelation
FVCB13.5% 
Market (SPY)17.2%18.2%
Sector (XLF)13.6%50.3%

Fundamental Drivers

The 34.1% change in FVCB stock from 9/30/2025 to 10/24/2026 was primarily driven by a 16.3% change in the company's Total Revenues ($ Mil).
(LTM values as of)930202510242026Change
Stock Price ($)12.7517.1034.1%
Change Contribution By: 
Total Revenues ($ Mil)627216.3%
Net Income Margin (%)32.8%35.7%8.9%
P/E Multiple11.311.95.2%
Shares Outstanding (Mil)18180.6%
Cumulative Contribution34.1%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 10/24/2026
ReturnCorrelation
FVCB34.1% 
Market (SPY)15.0%22.4%
Sector (XLF)5.0%51.6%

Fundamental Drivers

The 36.4% change in FVCB stock from 9/30/2023 to 10/24/2026 was primarily driven by a 28.4% change in the company's Net Income Margin (%).
(LTM values as of)930202310242026Change
Stock Price ($)12.5417.1036.4%
Change Contribution By: 
Total Revenues ($ Mil)607219.8%
Net Income Margin (%)27.8%35.7%28.4%
P/E Multiple13.211.9-9.8%
Shares Outstanding (Mil)1818-1.7%
Cumulative Contribution36.4%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2023 to 10/24/2026
ReturnCorrelation
FVCB36.4% 
Market (SPY)83.9%34.3%
Sector (XLF)75.9%47.3%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
FVCB Return34%-3%-7%-11%12%32%58%
Peers Return29%8%17%7%2%28%127%
S&P 500 Return27%-19%24%23%16%12%104%

Monthly Win Rates [3]
FVCB Win Rate75%50%50%33%58%70% 
Peers Win Rate58%60%48%48%56%59% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
FVCB Max Drawdown-14%-16%-45%-30%-27%-11% 
Peers Max Drawdown-22%-21%-41%-23%-25%-16% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NEWT, ATLO, CLBK, GCBC, MBBC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/23/2026 (YTD)

How Low Can It Go

EventFVCBS&P 500
2025 US Tariff Shock
  % Loss-18.6%-18.8%
  % Gain to Breakeven22.8%23.1%
  Time to Breakeven37 days79 days
2023 SVB Regional Banking Crisis
  % Loss-38.4%-6.7%
  % Gain to Breakeven62.4%7.1%
  Time to Breakeven84 days31 days
2020 COVID-19 Crash
  % Loss-39.1%-33.7%
  % Gain to Breakeven64.3%50.9%
  Time to Breakeven287 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-19.5%-19.2%
  % Gain to Breakeven24.2%23.8%
  Time to Breakeven939 days105 days

Compare to NEWT, ATLO, CLBK, GCBC, MBBC

In The Past

FVCBankcorp's stock fell -18.6% during the 2025 US Tariff Shock. Such a loss loss requires a 22.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventFVCBS&P 500
2023 SVB Regional Banking Crisis
  % Loss-38.4%-6.7%
  % Gain to Breakeven62.4%7.1%
  Time to Breakeven84 days31 days
2020 COVID-19 Crash
  % Loss-39.1%-33.7%
  % Gain to Breakeven64.3%50.9%
  Time to Breakeven287 days140 days

Compare to NEWT, ATLO, CLBK, GCBC, MBBC

In The Past

FVCBankcorp's stock fell -18.6% during the 2025 US Tariff Shock. Such a loss loss requires a 22.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About FVCBankcorp (FVCB)

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FVCBankcorp, Inc. (FVCB) operates as the holding company for FVCbank, a community bank that provides a comprehensive suite of banking products and services. The company primarily serves the banking needs of businesses and individuals within the greater Washington, D.C., and Baltimore metropolitan areas.

Its offerings include various deposit products such as checking, savings, money market accounts, and certificates of deposit. On the lending side, FVCbank specializes in commercial real estate and construction loans, along with commercial loans for working capital, equipment purchases, and government contract financing. They also provide Small Business Administration (SBA) loans, asset-based loans, and accounts receivable financing, alongside home equity and consumer loans. Additional services encompass business and consumer credit cards, merchant services, business insurance, and digital banking solutions like online and mobile banking.

FVCbank's primary clientele consists of commercial businesses, nonprofit organizations, professional service entities, and their respective owners and employees. Geographically, the bank focuses on the greater Washington, D.C., and Baltimore metropolitan areas, with branch offices located across Virginia, Montgomery County and Baltimore in Maryland, and Washington, D.C., positioning itself as a local financial partner in these key economic regions.

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AI Analysis | Feedback

Here are 1-3 brief analogies for FVCBankcorp:

  • It's like a smaller, community-focused version of M&T Bank, specializing in business and professional banking for the Washington D.C. and Baltimore metropolitan areas.

  • Think of it as a local business bank for the D.C. region, similar to how a smaller, more traditional PNC Bank would serve commercial and small business clients.

  • It's a regional bank for the D.C. and Baltimore areas, akin to a highly localized Capital One that prioritizes commercial real estate and business loans over broad consumer offerings.

AI Analysis | Feedback

  • Deposit Accounts: Offers a range of accounts for individuals and businesses, including checking, savings, money market, and certificates of deposit.
  • Commercial Loans: Provides financing for commercial real estate, construction, business operations, and government contracts.
  • Small Business Administration (SBA) Loans: Offers government-backed financing solutions specifically for small businesses.
  • Asset-Based Lending: Provides financing secured by a company's assets, such as accounts receivable or inventory.
  • Consumer & Home Equity Loans: Offers personal loans and loans secured by home equity for individual clients.
  • Credit Cards: Provides credit card options for both business and consumer use.
  • Merchant Services: Facilitates electronic payment processing for businesses.
  • Business Insurance: Offers various insurance products tailored for business needs.
  • Digital Banking: Provides convenient online, mobile, and remote deposit banking services.

AI Analysis | Feedback

FVCBankcorp (FVCB) serves a diverse customer base, providing banking products and services to various categories of clients rather than a few named major customers.

Its major customers fall into the following categories:

  • Commercial businesses
  • Nonprofit organizations
  • Professional service entities
  • Individuals, specifically the owners and employees of the aforementioned commercial businesses, nonprofit organizations, and professional service entities.

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  • Visa Inc. (V)
  • Mastercard Incorporated (MA)

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David W. Pijor, Chairman & Chief Executive Officer

David W. Pijor is an accomplished leader who played a pivotal role as the lead organizer in the establishment of FVCbank, which began operations in 2007. Before his career in banking, he practiced law for over 30 years, specializing in business, mergers, and international law. Mr. Pijor co-founded James Monroe Bank, where he served as Chairman and General Counsel from 1997 to 2006. Under his leadership, James Monroe Bank achieved significant growth, reaching over $740 million in assets in eight years before its acquisition by Mercantile Bancshares in 2006, which generated over tenfold returns for its initial shareholders.

Jennifer Deacon, Senior Executive Vice President & Chief Financial Officer

Jennifer Deacon brings over 20 years of community banking experience with a strong focus on accounting and finance. She previously served as Executive Vice President, Chief Accounting Officer, and Corporate Secretary with Cardinal Bank. Ms. Deacon was involved in the formation of Cardinal Bank in 1998 and contributed to its growth to over $4.2 billion in total assets. Her prior experience includes working in the accounting departments at George Mason Bank and Patriot National Bank. In May 2025, she was promoted to Senior Executive Vice President.

Patricia A. Ferrick, President

Patricia Ferrick possesses over 30 years of experience in the banking industry, primarily serving the Washington, DC, metropolitan area. She has been with FVCbank since its founding in 2007, initially as Chief Financial Officer (CFO) and later ascending to President in 2018. Before joining FVCbank, Ms. Ferrick served as CFO of Potomac Bank of Virginia, where she successfully managed its sale to Sandy Spring Bank. She also held the position of CFO at Southern Financial Bank, which was acquired by Provident Bank, and remained as Senior Vice President for a year post-merger.

Michael G. Nassy, Senior Executive Vice President & Chief Credit Officer

Michael G. Nassy is responsible for establishing the credit culture and overseeing all credit-related activities for FVCbank, including loan policies, procedures, concentration, stress testing, loan administration, and the Allowance for Loan and Lease Losses (ALLL). He has over 18 years of experience in various commercial lending and credit roles. Mr. Nassy joined FVCbank in September 2012, having previously worked at City First Bank of DC and National Cooperative Bank (NCB, FSB). He was elected chair of The Risk Management Association (RMA) for the 2022 fiscal year. In May 2025, he was promoted to Senior Executive Vice President.

Alissa Curry Briggs, Executive Vice President & Chief Lending Officer

Alissa Curry Briggs joined FVCbank in 2013 and has held various positions, including Executive Director of Commercial Real Estate. She brings over 23 years of banking experience across all lending areas, including commercial real estate (CRE), commercial and industrial (C&I), government contracting (GovCon), and government lending.

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Key Risks to FVCBankcorp (FVCB)

  1. Dependence on the Washington D.C. Metropolitan Area Economy: FVCBankcorp's operations are heavily reliant on the economic health of the Washington D.C. metropolitan area, which is significantly influenced by the federal government. Cuts in federal employment, grants, or funding could have an oversized impact on the local economy and, consequently, on FVCB's customer base and financial performance.
  2. Credit Risk: The company is exposed to credit risk, particularly within its commercial real estate and government contractor loan portfolios. Economic downturns or adverse changes in these specific market segments could lead to an increase in nonperforming assets and higher credit losses.
  3. Interest Rate Risk: FVCBankcorp's profitability is highly sensitive to fluctuations in interest rates. Significant or rapid changes in interest rates could increase funding costs, decrease loan demand, and negatively impact the bank's net interest margin and overall profitability.
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AI Analysis | Feedback

The rise of digital-only banks (neobanks) and specialized fintech platforms presents a clear emerging threat. These entities leverage technology to offer banking, lending, and payment services with potentially lower operational costs, higher efficiency, and a more streamlined digital-first customer experience. This competition could erode FVCBankcorp's market share in deposit acquisition, commercial and consumer lending, and merchant services, particularly among tech-savvy customers or businesses seeking highly convenient, digitally native financial solutions that may offer more competitive rates or faster service than a traditional branch-based community bank.

AI Analysis | Feedback

FVCBankcorp (FVCB) operates in the greater Washington, D.C., and Baltimore metropolitan areas, offering a range of banking products and services. The addressable markets for its main products and services in these regions are sized as follows:

Deposit Products

The addressable market for deposit products in **Baltimore City** was approximately $26.5 billion in 2016.

Commercial Loans

  • The total value of active small business loans in **Maryland** is over $1 billion (specifically, $1,071,942,448).
  • In **Washington, D.C.**, new lending to businesses through loans of $1 million or less totaled $904.1 million in 2021. This figure was $1.2 billion in 2020.
  • Small business lending in **Baltimore City** amounted to $307 million in 2016.

Consumer Loans (including Mortgage Purchase Loans)

  • The forecasted purchase loan volume for 2025 in the **Washington, D.C. Metropolitan Area** is more than $40 billion.
  • The projected purchase loan volume for 2025 in the **Baltimore Metropolitan Area** is approximately $10.9 billion.

Commercial Real Estate Loans

The **Northern Virginia** region alone is projected to see $25.77 billion in apartment loan maturities between now and 2030. Specific overall addressable market sizes for commercial real estate loans or commercial construction loans for the broader Washington, D.C. and Baltimore metropolitan areas were not explicitly quantified in the available data.

Other Services

Addressable market sizes for business and consumer credit cards, merchant services, business insurance products, and online/mobile banking services were not specifically quantifiable for the designated regional markets in the available information.

AI Analysis | Feedback

Here are the expected drivers of future revenue growth for FVCBankcorp (FVCB) over the next 2-3 years:

  • Loan Growth: The company's strategy involves increasing its loan portfolio, which has historically led to higher interest income and overall revenue growth. FVCBankcorp reported a 4% loan growth for the fourth quarter and full year 2025, contributing to continued revenue expansion.
  • Net Interest Margin (NIM) Improvement: FVCBankcorp has demonstrated a consistent trend of improving net interest margin, with the fourth quarter of 2025 marking the eighth consecutive quarter of improvement. This is attributed to enhanced yields on earning assets, primarily from the loan portfolio, and effective management of funding costs.
  • Core Deposit Growth: The company has successfully expanded its customer base, resulting in significant core deposit growth. This increase in core deposits is anticipated to support future loan growth initiatives.
  • Repricing of Commercial Loan Portfolio: A considerable portion (62%) of FVCBankcorp's disciplined commercial loan portfolio is scheduled to reprice or mature by September 30, 2028. This presents an opportunity for the company to capture potentially higher yields on these loans, further bolstering net interest income.
  • Enhancing Customer Experience and Operational Efficiencies through Technology: Management is focused on executing a growth strategy that includes leveraging technological investments to improve the customer experience and drive operational efficiencies. These efforts are expected to contribute to customer acquisition, retention, and overall revenue generation.

AI Analysis | Feedback

Share Repurchases

  • FVCBankcorp repurchased 415,000 shares at a total cost of $4.6 million during the second quarter of 2025.
  • In 2023, the company made common stock repurchases totaling $1.5 million.
  • Common stock repurchases amounted to $730 thousand in 2022.

Share Issuance

  • FVCBankcorp reported common stock issuance of $1.7 million in 2024.
  • In 2023, common stock issuance was $1.7 million.
  • The company's common stock issuance totaled $1.7 million in 2022.

Inbound Investments

  • In February 2026, FVCBankcorp, Inc. completed a $25 million senior notes offering.

Outbound Investments

  • In 2021, FVCBankcorp had net acquisitions of $22.2 million.

Capital Expenditures

  • Over the last twelve months, FVCBankcorp, Inc.'s capital expenditures were approximately $30,000.
  • Capital expenditures for 2024 were $141,000.
  • In 2023, capital expenditures totaled $212,000.

Peer Outperformance in Regional Banks

FVCB has trailed 84% of its 263 Regional Banks peers over 5Y. Among the peers that beat it are SRCE, WTFC and EWBC. Regional Banks ranks 8th of 18 industries in Financials by median 5Y return.
Share of Regional Banks constituents that FVCB has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
63%
of 284 industry peers · 35.5% return
3Y
15%
of 274 industry peers · 60.5% return
5Y
16%
of 263 industry peers · 6.0% return
Regional Banks peers with revenue growth within 4pp of FVCB's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
FVCB FVCBankcorp 10.0% 11.9x 35.5%60.5%6.0% —
SRCE 1st Source 7.5% 11.8x 46.4%115.1%100.0% +94pp
WTFC Wintrust Financial 9.5% 11.3x 18.5%117.1%77.9% +72pp
EWBC East West Bancorp 6.3% 12.5x 31.3%169.8%76.4% +70pp
FULT Fulton Financial 8.0% 11.4x 36.1%115.0%72.9% +67pp
PRK Park National 8.5% 17.4x 18.6%100.4%72.3% +66pp
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Financials sector, ranked by 5Y. Regional Banks is FVCB's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Reinsurance 6 28.7%75.2%121.5% SPNT 173% · RNR 148% · RGA 146%
Diversified Banks 12 26.4%152.5%88.0% CM 137% · RY 123% · JPM 119%
Life & Health Insurance 20 14.7%55.4%74.1% JXN 472% · UNM 277% · MFC 176%
Investment Banking & Brokerage 13 -14.4%108.1%71.9% IBKR 343% · SNEX 168% · HOOD 140%
Property & Casualty Insurance 42 15.1%71.3%66.7% TRV 170% · PGR 166% · ACGL 147%
Multi-line Insurance 9 6.3%66.1%57.5% GNW 99% · L 98% · AIZ 87%
Multi-Sector Holdings 3 4.0%57.0%52.5% BRK-B 87% · VOYA 52% · JEF 28%
Regional Banks ← 264 30.2%104.2%51.1% CBC 241% · FCNCA 186% · NIC 148%
Financial Exchanges & Data 15 13.8%39.1%32.1% CBOE 181% · VIRT 152% · CME 73%
Insurance Brokers 15 -3.4%10.1%22.9% LIFE 405% · ARX 88% · AJG 71%
Consumer Finance 30 0.0%79.9%14.7% ENVA 374% · FCFS 102% · AGM 92%
Diversified Financial Services 4 -9.1%23.5%3.5% FRHC 160% · EQH 77%
Asset Management & Custody Banks 85 -12.8%19.9%2.8% WT 283% · AAMI 246% · VCTR 241%
Commercial & Residential Mortgage Finance 14 -57.9%26.5%-8.5% FNMA 386% · FMCC 347% · ACT 161%
Specialized Finance 3 7.6%44.9%-12.4% CACC -12% · HASI -22%
Mortgage REITs 34 -20.1%0.7%-32.8% RITM 36% · DX 20% · AGNC 8%
Transaction & Payment Processing Services 17 5.3%12.0%-34.1% V 83% · MA 79% · CPAY 47%
Diversified Capital Markets 20 -55.6%2.1%-66.5% LPLA 85% · TW 46% · RIOT -56%
Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.

Latest Trefis Analyses

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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

FVCBNEWTATLOCLBKGCBCMBBCMedian
NameFVCBankc.NewtekOneAmes Nat.Columbia.Greene C.Marathon. 
Mkt Price17.1111.4333.6210.8335.5714.6615.88
Mkt Cap0.30.30.31.10.6-0.3
Rev LTM722777327793-93
Op Inc LTM-------
FCF LTM32-740216942-32
FCF 3Y Avg23-373173631-23
CFO LTM32-739227842-32
CFO 3Y Avg23-373194532-23

Growth & Margins

FVCBNEWTATLOCLBKGCBCMBBCMedian
NameFVCBankc.NewtekOneAmes Nat.Columbia.Greene C.Marathon. 
Rev Chg LTM16.3%7.8%21.3%38.7%22.9%-21.3%
Rev Chg 3Y Avg10.0%26.8%8.1%3.4%9.1%-9.1%
Rev Chg Q20.9%7.0%18.5%15.5%22.0%-18.5%
QoQ Delta Rev Chg LTM5.0%1.7%4.3%3.7%5.1%-4.3%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM43.9%-267.4%30.3%28.3%45.7%-30.3%
CFO/Rev 3Y Avg39.1%-138.6%30.2%18.4%40.4%-30.2%
FCF/Rev LTM43.8%-267.5%28.9%24.8%44.9%-28.9%
FCF/Rev 3Y Avg38.8%-138.7%27.9%14.5%39.1%-27.9%

Valuation

FVCBNEWTATLOCLBKGCBCMBBCMedian
NameFVCBankc.NewtekOneAmes Nat.Columbia.Greene C.Marathon. 
Mkt Cap0.30.30.31.10.6-0.3
P/S4.31.24.14.06.5-4.1
P/Op Inc-------
P/EBIT-------
P/E11.95.013.018.914.8-13.0
P/CFO9.7-0.413.514.014.3-13.5
Total Yield9.8%29.5%10.3%5.3%7.4%-9.8%
Dividend Yield1.5%9.4%2.6%0.0%0.7%-1.5%
FCF Yield 3Y Avg8.7%-103.1%8.5%-6.3%-7.4%
D/E0.11.70.11.10.3-0.3
Net D/E-0.70.6-1.6-0.7-0.6--0.7

Returns

FVCBNEWTATLOCLBKGCBCMBBCMedian
NameFVCBankc.NewtekOneAmes Nat.Columbia.Greene C.Marathon. 
1M Rtn-3.8%1.1%5.7%-3.8%2.5%-4.1%-1.4%
3M Rtn-4.6%-19.5%12.7%-0.0%8.1%-0.3%-0.2%
6M Rtn10.0%-7.5%21.8%-1.8%52.9%-2.1%4.1%
12M Rtn35.6%10.1%67.0%-1.8%58.2%33.3%34.4%
3Y Rtn60.6%-1.8%145.1%-1.8%63.7%85.6%62.1%
1M Excs Rtn-2.8%2.1%6.7%-2.8%3.6%-3.0%-0.3%
3M Excs Rtn-9.0%-22.0%9.2%-2.6%3.9%-4.6%-3.6%
6M Excs Rtn3.6%-13.9%15.4%-8.2%46.5%-8.5%-2.3%
12M Excs Rtn24.7%-2.0%52.1%-15.6%47.2%20.7%22.7%
3Y Excs Rtn-28.9%-76.2%66.3%-78.4%-17.1%5.5%-23.0%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single segment6658406861
Total6658406861


Price Behavior

Price Behavior
Market Price$17.10 
Market Cap ($ Bil)0.3 
First Trading Date03/16/2018 
Distance from 52W High-10.1% 
   50 Days200 Days
DMA Price$18.02$16.49
DMA Trenddownup
Distance from DMA-5.1%3.7%
 3M1YR
Volatility21.1%22.2%
Downside Capture86.0436.38
Upside Capture48.2969.19
Correlation (S&P 500)19.8%22.9%
FVCB Betas & Captures as of 9/30/2026

 1M2M3M6M1Y3Y
Beta0.810.600.520.310.430.85
Up Beta-0.871.170.050.130.511.02
Down Beta1.480.190.28-0.200.410.74
Up Capture73%21%66%54%45%48%
Bmk +ve Days6162766132424
Stock +ve Days10193066128370
Down Capture135%93%78%47%30%94%
Bmk -ve Days16263760120328
Stock -ve Days12223357115364

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with FVCB
FVCB38.6%22.2%1.38-
Sector ETF (XLF)8.0%14.5%0.2950.6%
Equity (SPY)14.8%12.7%0.8022.4%
Gold (GLD)-2.8%28.5%-0.112.7%
Commodities (DBC)52.1%20.7%1.91-32.3%
Real Estate (VNQ)4.3%13.9%0.0637.8%
Bitcoin (BTCUSD)-24.8%43.5%-0.545.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with FVCB
FVCB1.4%35.8%0.11-
Sector ETF (XLF)9.0%18.3%0.3539.0%
Equity (SPY)12.7%17.1%0.5627.5%
Gold (GLD)17.3%18.9%0.730.3%
Commodities (DBC)9.5%19.5%0.373.1%
Real Estate (VNQ)1.1%18.9%-0.0532.0%
Bitcoin (BTCUSD)5.7%51.7%0.2911.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with FVCB
FVCB0.9%44.0%0.17-
Sector ETF (XLF)13.2%22.1%0.5448.6%
Equity (SPY)15.3%17.9%0.7238.6%
Gold (GLD)11.8%16.4%0.590.3%
Commodities (DBC)8.4%18.1%0.3811.5%
Real Estate (VNQ)5.2%20.7%0.2142.7%
Bitcoin (BTCUSD)62.4%66.2%1.0213.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date9302026
Short Interest: Shares Quantity0.4 Mil
Short Interest: % Change Since 9152026-1.0%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest4.9 days
Basic Shares Quantity18.0 Mil
Short % of Basic Shares2.0%

Earnings Returns History

Updated 10/25/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/22/2026-5.7%  
7/21/20260.1%5.9%3.3%
4/21/20261.9%2.6%1.8%
1/20/20267.0%6.2%12.1%
10/21/20252.7%2.6%-0.2%
7/22/20250.4%-4.5%-4.1%
4/22/20254.0%9.4%11.0%
1/23/20252.4%4.2%-7.3%
...
SUMMARY STATS   
# Positive141313
# Negative111111
Median Positive2.1%3.3%2.5%
Median Negative-2.5%-3.5%-4.1%
Max Positive7.0%9.4%12.1%
Max Negative-5.7%-9.1%-13.8%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/22/2026-5.7%  
7/21/20260.1%5.9%3.3%
4/21/20261.9%2.6%1.8%
1/20/20267.0%6.2%12.1%
10/21/20252.7%2.6%-0.2%
7/22/20250.4%-4.5%-4.1%
4/22/20254.0%9.4%11.0%
1/23/20252.4%4.2%-7.3%
10/22/20243.4%3.3%2.4%
7/25/20242.5%-8.3%0.3%
4/23/2024-2.5%0.1%-2.8%
1/23/2024-0.8%-6.6%-13.8%
10/24/2023-2.4%-2.2%8.3%
7/25/20233.6%6.8%-1.9%
4/20/2023-3.4%-2.5%-4.7%
1/25/2023-3.4%-9.1%-9.9%
10/20/20221.6%3.5%0.9%
7/21/20220.0%2.1%5.1%
4/21/2022-1.3%-3.5%-8.0%
1/27/2022-3.1%-0.7%-0.5%
11/5/20211.3%-0.4%-1.3%
8/2/2021-0.2%2.5%2.5%
4/26/20211.0%2.5%1.4%
1/22/2021-1.1%-3.6%6.1%
10/23/2020-4.9%-3.0%1.4%
SUMMARY STATS   
# Positive141313
# Negative111111
Median Positive2.1%3.3%2.5%
Median Negative-2.5%-3.5%-4.1%
Max Positive7.0%9.4%12.1%
Max Negative-5.7%-9.1%-13.8%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/06/202610-Q
03/31/202605/07/202610-Q
12/31/202503/16/202610-K
09/30/202511/12/202510-Q
06/30/202508/13/202510-Q
03/31/202505/14/202510-Q
12/31/202403/20/202510-K
09/30/202411/13/202410-Q
06/30/202408/13/202410-Q
03/31/202405/14/202410-Q
12/31/202303/21/202410-K
09/30/202311/09/202310-Q
06/30/202308/11/202310-Q
03/31/202305/11/202310-Q
12/31/202203/24/202310-K
09/30/202211/09/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/06/202610-Q
03/31/202605/07/202610-Q
12/31/202503/16/202610-K
09/30/202511/12/202510-Q
06/30/202508/13/202510-Q
03/31/202505/14/202510-Q
12/31/202403/20/202510-K
09/30/202411/13/202410-Q
06/30/202408/13/202410-Q
03/31/202405/14/202410-Q
12/31/202303/21/202410-K
09/30/202311/09/202310-Q
06/30/202308/11/202310-Q
03/31/202305/11/202310-Q
12/31/202203/24/202310-K
09/30/202211/09/202210-Q
06/30/202208/10/202210-Q
03/31/202205/12/202210-Q
12/31/202103/24/202210-K
09/30/202111/10/202110-Q
06/30/202108/12/202110-Q
03/31/202105/13/202110-Q
12/31/202003/25/202110-K
09/30/202011/09/202010-Q
06/30/202008/10/202010-Q
03/31/202005/11/202010-Q
12/31/201903/27/202010-K
09/30/201911/13/201910-Q

Recent Forward Guidance

Updated 10/24/2026

Latest: Q3 2026 Earnings Reported 10/22/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q4 2026 DividendsReported 0.07    
Q4 2026 Aggregate Dividend PaymentReported 1.30 Mil    


Prior: Q2 2026 Earnings Reported 7/21/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Loan YieldsReported      

Q1 2026 Earnings Reported 4/21/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2027 Fixed Rate Commercial Loans RepricingReported 125.90 Mil 12.3% Higher NewActual: 112.10 Mil for 2026
2027 Variable Rate Commercial Loans RepricingReported 29.20 Mil 11.5% Higher NewActual: 26.20 Mil for 2026
2027 Share RepurchasesReported 1.40 Mil    
2029 Fixed Rate Commercial Loans RepricingReported 310.90 Mil    
2029 Variable Rate Commercial Loans RepricingReported 129.70 Mil    

Q4 2025 Earnings Reported 1/20/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Fixed Rate Commercial Loan RepricingReported 112.10 Mil 29.1% RaisedGuidance: 86.80 Mil for 2026
2026 Variable Rate Commercial Loan RepricingReported 26.20 Mil 227.5% RaisedGuidance: 8.00 Mil for 2026

Insider Activity

Updated 8/24/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Laughlin, Scott DirectSell824202618.558,100150,2553,235,510Form
2Jackson, Sharon LEVP, Chief Banking OfficerDirectSell504202615.641,50023,460380,521Form
3Wills, Phillip R Iii DirectSell318202614.8111,462169,706794,993Form
4Nassy, Michael GSr EVP, Chief Credit OfficerDirectSell302202615.563,10048,236856,127Form
5Schwartz, Lawrence W IRASell227202615.6621,483336,508389,217Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Laughlin, Scott DirectSell824202618.558,100150,2553,235,510Form
2Jackson, Sharon LEVP, Chief Banking OfficerDirectSell504202615.641,50023,460380,521Form
3Wills, Phillip R Iii DirectSell318202614.8111,462169,706794,993Form
4Nassy, Michael GSr EVP, Chief Credit OfficerDirectSell302202615.563,10048,236856,127Form
5Schwartz, Lawrence W IRASell227202615.6621,483336,508389,217Form
6Jackson, Sharon LEVP, Chief Banking OfficerDirectSell226202615.491,00015,490353,637Form
7Wills, Phillip R Iii DirectSell225202615.484,80074,3041,008,615Form
8Wills, Phillip R Iii DirectSell225202615.4410,200157,4881,080,121Form
9Nassy, Michael GSr EVP, Chief Credit OfficerDirectSell1120202512.231,00012,225663,224Form
10Jackson, Sharon LEVP, Chief Banking OfficerDirectSell904202513.522,00027,040322,182Form
11Satz, Devin DirectSell822202513.477,00094,3221,915,724Form
12Schwartz, Lawrence W DirectSell820202512.834,00051,320208,821Form
13Satz, Devin DirectSell813202513.015,00065,0311,940,174Form
14Satz, Devin DirectSell813202512.845,00064,1921,979,335Form
15Laughlin, Scott DirectSell801202512.841,15114,7792,317,890Form

Investor Activity (13F)

Updated Oct 25, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Endeavour Capital Advisors Inc$18.8 Mil4.3%42Hold13F
Active Manager
Active Manager
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Endeavour Capital Advisors Inc$18.8 Mil4.3%42Hold13F
Core Cache Last Updated: 10/24/2026