22-Oct-2024 3:00 PM CST - Business Wire FVCBankcorp, Inc. Announces Third Quarter 2024 Earnings; Quarterly Net Income Increased 16% Year-Over-Year as Net Interest Income and Margin Continue to Improve FVCBankcorp, Inc. (NASDAQ: FVCB) (the Company) today reported its financial results for the third quarter of 2024. Third Quarter Selected Financial Highlights Enhanced Profitability. Return on average assets for the quarter ended September 30, 2024 was 0.85%, an increase of 21%, from 0.70% for the quarter ended September 30, 2023, and increased 10%, from 0.77%, for the linked quarter ended June 30, 2024. Increased Net Income. Net income increased compared to the
22-Oct-2024 3:00 PM CST - Business Wire FVCBankcorp, Inc. Announces Third Quarter 2024 Earnings; Quarterly Net Income Increased 16% Year-Over-Year as Net Interest Income and Margin Continue to Improve FVCBankcorp, Inc. (NASDAQ: FVCB) (the Company) today reported its financial results for the third quarter of 2024. Third Quarter Selected Financial Highlights Enhanced Profitability. Return on average assets for the quarter ended September 30, 2024 was 0.85%, an increase of 21%, from 0.70% for the quarter ended September 30, 2023, and increased 10%, from 0.77%, for the linked quarter ended June 30, 2024. Increased Net Income. Net income increased compared to the