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-0.0219256434699714 -0.0219256434699714 -0.00285986653956143 -0.00285986653956143 -0.00285986653956143 0.000953288846520475 0.000953288846520475 -0.020972354623451
Stock impact report

FVCBankcorp, Inc. Announces Third Quarter 2021 Earnings; Record Quarterly and Year-to-Date Operating Earnings for 2021

FVCBankcorp, Inc. (FVCB) 
NASDAQ:AMEX Investor Relations: snl.com/irw/corporateprofile/4624250
Company Research Source: Business Wire
FAIRFAX, Va.--(BUSINESS WIRE)--FVCBankcorp, Inc. (NASDAQ: FVCB) (the “Company”) today reported third quarter 2021 net income of $4.7 million, or $0.32 diluted earnings per share, compared to $3.9 million, or $0.28 diluted earnings per share, for the quarterly period ended September 30, 2020, an increase of 21%. For the nine months ended September 30, 2021, the Company reported net income of $15.4 million, or $1.06 diluted earnings per share, compared to $10.5 million or $0.74 diluted earnings per share, for the same period of 2020, a year-over-year increase of $4.9 million, or 47%. Net income for the three and nine months ended September 30, 2021 include merger-related expenses of $1.1 million which are associated with the Company’s previously announced proposed merger (the “merger”) with Blue Ridge Bankshares, Inc. (NYSEAM:BRBS) (“Blue Ridge”), and $380 thousand of accelerated recognition of debt issuance costs related to its 2016 subordinated debt issuance, which was redeemed at Show less Read more
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