Stocks/FVCB

FVCB

FVCBankcorp, Inc.
Financial Services·Banks - Regional
$15.78
$284M market cap
Revenue
$48.9M
Free Cash Flow
$15.2M
Rev Growth
+0.0%
FCF Margin
31.1%
P/FCF
18.7x
EV/FCF
20.1x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--

FVCBankcorp, Inc. operates as the holding company for FVCbank that provides various banking products and services in 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 cre

2-Year Price History

$15.71+45.5%
$10$11$12$13$14$15volMay 24Sep 24Jan 25May 25Sep 25Jan 26May 26

Quarterly Financials & Projections

Quarterly Waterfall ($ M)
PeriodRevEBITDAOpInNIOCFFCFCapExCashDebtSharesROICIntCovEV/EBITDA
Act2026-Q117.47.47.46.47.67.6-0.09.430.518.118.6%----
Act2025-Q431.57.47.45.77.67.6-0.0127.625.218.121.0%0.5x--

Valuation & Metrics

Market Stats

Price$15.78
Market Cap$284M
Enterprise Value$305M
P/S Ratio5.8x
P/FCF18.7x
EV/FCF20.1x
FCF Margin (TTM)31.1%
FCF Yield5.4%
Dividend Yield (TTM)1.6%
Annual Dilution0.0%
CurrencyUSD

TTM Financial Snapshot

Revenue$48.9M
Net Income$12.0M
Free Cash Flow$15.2M

Revenue Growth (YoY)+0.0%
EBITDA Margin30.2%
Net Margin24.6%
FCF Margin31.1%
CapEx % of Revenue0.1%
SBC % of Revenue-1.3%
ROIC19.8%
WC Change % Rev-4.8%
Interest Coverage1.1x

Forward Outlook & Risk

Short Interest

Short % of Float--
Short Shares0.1M
Days to Cover1.0
Change (vs Prior)+21.2%
Need at least 2 settlement dates for chart

Employees

Headcount110
Revenue / Employee$444,664
Gross Profit / Employee$312,236

Institutional Ownership

Headline & net flow

NEUTRAL
Net flow · still filing
No float data — flow unavailable.

Ownership composition

Active
32.5%(+9.8% YoY)
90 filers
hedge / family / endowment
Retail funds
Fidelity, Schwab, 401(k)
Passive
15.4%(+4.6% YoY)
9 filers
Vanguard, iShares, SPDR
Market makers
0.0%(-0.2% YoY)
2 filers
Citadel, Susquehanna
Insiders
Form 4 — latest per insider
0%25%50%75%100%2022-062023-032023-122024-092025-062026-03
ActiveRetail fundsPassiveMarket makersRetail direct

Top holders

Fund$ valueCost basisΔ QoQΔ YoYα lifeFund AUM
Fourthstone LLC$19.4M$13.04+$2.8M+$16.3M-1.7%$590M
ENDEAVOUR CAPITAL ADVISORS INC$18.8M$11.07−$979K−$1.9M-1.8%$441M
BlackRock, Inc.Passive$13.9M$12.80−$829K−$674K-0.2%$5.69T
ALLIANCEBERNSTEIN L.P.$12.3M$11.52−$1.9M−$1.0M-0.3%$307.70B
VANGUARD CAPITAL MANAGEMENT LLCPassive$10.5M$15.12+$10.5M+$10.5M$4.04T
Ategra Capital Management, LLC$6.6M$12.79+$0+$6.6M+0.6%$180M
GEODE CAPITAL MANAGEMENT, LLCPassive$5.3M$12.61−$114K−$345K+2.3%$1.61T
STATE STREET CORPPassive$4.7M$12.56+$106K+$105K-0.2%$2.89T
DIMENSIONAL FUND ADVISORS LPPassive$4.6M$12.41+$280K+$1.0M-0.4%$480.92B
BANC FUNDS CO LLC$3.3M$10.46+$0−$836K-1.3%$537M
WESTBOURNE INVESTMENTS, INC.$3.2M$12.64+$0+$2.1M+1.7%$210M
Rhino Investment Partners, Inc$3.0M$12.24−$421K+$49K-0.4%$359M
ACADIAN ASSET MANAGEMENT LLC$2.8M$14.35+$1.6M+$2.6M-0.5%$70.48B
BRIDGEWAY CAPITAL MANAGEMENT, LLC$2.7M$11.13+$128K+$313K-2.3%$4.93B
RENAISSANCE TECHNOLOGIES LLC$1.8M$13.59+$479K+$1.2M+1.2%$63.91B
NORTHERN TRUST CORPPassive$1.7M$13.61+$46K−$261K-0.2%$755.34B
VANGUARD FIDUCIARY TRUST COPassive$1.5M$15.12+$1.5M+$1.5M$395.83B
Empowered Funds, LLC$1.4M$11.93+$128K+$477K+0.2%$15.64B
VANGUARD PORTFOLIO MANAGEMENT LLCPassive$1.4M$15.12+$1.4M+$1.4M$1.91T
MACKENZIE FINANCIAL CORP$1.2M$15.12+$1.2M+$1.2M-0.2%$83.32B
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.

Trading behavior

Smart-money alpha (lifetime, %/qtr)BEARISH
Holders
-0.82%
avg per quarter
Holders (ex-self)
-0.78%
excl. this stock
Buyers (this Q)
-0.77%
47 buyers · $0.03B in
Sellers (this Q)
+0.20%
29 sellers · $0.00B out
alpha coverage: 90% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-23.8%
how holders react when this stock falls
On quiet Qs
-7.5%
−10% to +10% baseline
On rallies (+10%+)
-5.0%
how they react when this stock rises
Holders' portfolio flow this Q
+5.9%
inflows — adds are organic
Sellers' portfolio flow this Q
-3.6%
Sellers shed AUM broadly — partly forced.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-4.8%
Holder mid (any stock)
-4.6%
Holder rally (any stock)
-6.1%

Top Holders Over Time

5-year share-count history (top 10 holders by peak, incl. exited) + price

01.1M2.3M3.4M4.6M$10$12$13$14$152021-062022-062023-062024-062025-062026-03
hover the chart for per-quarter detailprice (right axis)
FJ Capital Management LLCFourthstone LLC1.3MENDEAVOUR CAPITAL ADVISORS INC1.2MALLIANCEBERNSTEIN L.P.885KAtegra Capital Management, LLC437KAMERIPRISE FINANCIAL INCEJF Capital LLCBANC FUNDS CO LLC214KElizabeth Park Capital Advisors, Ltd.Bridgewater Advisors Inc.54K

Analyst Coverage

Analyst Coverage
Price Targets
Last Quarter (1 analysts)$19.002040.0%
Last Year (2 analysts)$18.501720.0%
Current Price$15.78
Analyst Ratings
2
1
Buy: 2Hold: 1Consensus: Buy

Corporate

Insider Trading (last 12mo)

Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$0
0 txns · 0 insiders · 0 sh
Sells ($, 12mo)
$1.50M
15 txns · 6 insiders · 100,832 sh
Recent transactions
DateSideInsiderTitleSharesPriceDollarsOwned $
2026-05-01SELLJackson Sharon L.officer: EVP, Chief Banking Officer1,500$15.64$23K$381K
2026-03-17SELLWills Phillip R. IIIdirector11,462$14.81$170K$795K
2026-03-02SELLNassy Michael G.officer: Sr EVP, Chief Credit Officer3,100$15.56$48K$856K
2026-02-26SELLSCHWARTZ LAWRENCE Wdirector42,966$15.66$673K$255K
2026-02-25SELLJackson Sharon L.officer: EVP, Chief Banking Officer1,000$15.49$15K$354K
2026-02-25SELLWills Phillip R. IIIdirector4,800$15.48$74K$1.01M
2026-02-24SELLWills Phillip R. IIIdirector10,200$15.44$157K$1.08M
2025-11-19SELLNassy Michael G.officer: Sr EVP, Chief Credit Officer1,000$12.23$12K$663K
2025-09-02SELLJackson Sharon L.officer: EVP, Chief Banking Officer2,000$13.52$27K$322K
2025-08-22SELLSatz Devindirector7,000$13.47$94K$1.92M
2025-08-18SELLSCHWARTZ LAWRENCE Wdirector4,000$12.83$51K$209K
2025-08-13SELLSatz Devindirector5,000$13.01$65K$1.94M
2025-08-12SELLSatz Devindirector5,000$12.84$64K$1.98M
2025-07-31SELLLaughlin Scottdirector1,151$12.84$15K$2.32M
2025-07-28SELLJackson Sharon L.officer: EVP, Chief Banking Officer653$13.31$9K$344K

Order Flow (FINRA, ~3w lag)

6.0%retail-3.4pp
30.7%dark+10.2pp
week of 2026-04-13
0%20%40%60%80%24-1125-0225-0525-0825-1126-0226-04retail (non-ATS)dark (ATS)
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.

Filing Risk Analysis

Filing Risk Scores

FVCBankcorp, Inc.: Metadata Analysis of Standard 8-K Cover

Overall Risk
5/10
Fraud
1/10
Dilution
1/10
Insolvency
1/10
Earnings Overstated
1/10
Hidden Liabilities
1/10
Legal
1/10
Audit Warnings
1/10
Hidden Upside
1/10
Contextually Acceptable
10/10