FVCBankcorp, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 9 fiscal years, taken from the XBRL data FVCBankcorp, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2018	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue					1.59	1.43	1.47	1.56	1.78
Selling and marketing	0.38	0.34	0.4	0.22			0.72	0.97	0.8
Interest expense	8.2	12.1	18.7	14.5	10.5	15.4	52.2
Pre-tax income	14.5	13.1	20	19.7	28.2	31	4.23	22.3	28.2
Income tax	6.85	2.24	4.18	4.16	6.28	6.01	0.41	7.23	6.19
Net income	7.69	10.9	15.8	15.5	21.9	25	3.82	15.1	22.1
EPS, basic	0.59	0.74	0.92	0.91	1.29	1.43	0.22	0.83	1.22
EPS, diluted	0.54	0.68	0.86	0.88	1.20	1.35	0.21	0.82	1.21
Shares, basic (weighted)	0.01	0.01	0.02	0.02	0.02	0.02	17.7	18.1	18.1
Shares, diluted (weighted)	0.01	0.02	0.02	0.02	0.02	0.02	18.2	18.4	18.3

Balance sheet

	FY2018	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	7.43	9.44	14.9	20.8	24.6	7.25	8.04	8.16	5.68
Property, plant and equipment	1.24	2.27	2.08	1.65	1.58	1.22	1	0.86	0.69
Lease right-of-use assets			13.3	11.1	10.2	9.68	8.4	7.12	6.06
Goodwill		6.51	7.14	7.16	7.16	7.16	7.16	7.16	7.16
Intangible assets	0.1					0.63	0.43	0.26	0.14
Total assets	1,053	1,352	1,537	1,821	2,203	2,344	2,191	2,199	2,292
Total liabilities	955	1,193	1,358	1,632	1,993	2,142	1,973	1,964	2,039
Paid-in capital	74	124	126	120	122	124	125	127	122
Retained earnings	25.9	36.7	52.5	68	89.9	115	116	131	151
Other comprehensive income	-1.69	-2.41	0.69	1.83	-2.04	-36.6	-24.2	-23.3	-19.6
Shareholders' equity	98.3	158	179	190	210	202	217	235	254
Total equity	-1.69	-2.41	0.69	1.83	-2.04	202	217	235	254
Total liabilities and equity	1,053	1,352	1,537	1,821	2,203	2,344	2,191	2,199	2,292
Shares outstanding	13.6	17.1	17.4	16.9	13.7	17.5	17.8	18.2	17.9

Cash flow statement

	FY2018	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	7.69	10.9	15.8	15.5	21.9	25	3.82	15.1	22.1
Depreciation and amortization	0.54	0.5	0.64	0.62	0.56	0.42	0.39	0.28	0.21
Stock-based compensation	0.63	0.71	0.68	0.69	1.01	1.18	1.14	0.79	0.85
Deferred income tax	1.33	-0.87	0.19	-1.16	1.01	0.4	0.93	1.31	-0.03
Cash from operations	10.5	13.3	19.4	14.9	19.4	22.4	16.3	18.2	23.9
Capital expenditures	-0.5	-0.74	-0.31	-0.35	-0.49	-0.17	-0.21	-0.14	-0.05
Acquisitions		5.17
Purchases of investments				-34.8	-246	-47.2	0	-1.88	-2.94
Sales and maturities of investments	15	16.9	24.1	38.5	48	37.1	20.8	14.5	13.2
Cash from investing	-144	-114	-164	-268	-344	-226	149	-8.92	-94.7
Stock issued	10.3	34.6	1.22	0.38	1.22	1.67	1.74	1.66	0.55
Share buybacks				-7.28	0	-0.73	-1.46	0	-6.68
Dividends paid								0	-2.17
Cash from financing	135	103	150	259	329	186	-165	-9.19	68.3
Net change in cash	2.25	2.01	5.48	5.92	3.78	-17.4	0.79	0.12	-2.48
Free cash flow	9.99	12.6	19.1	14.5	19	22.2	16.1	18.1	23.8
Interest paid	7.95	11.6	18.7	14.3	9.36	15.1	51	57.6	55
Income taxes paid	5.93	5.89	2.27	3.51	4.74	6.07	2.36	5.58	5.43

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $17.98 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Pre-tax margin	1,655.0%	Pre-tax income / revenue.
Net margin	1,283.0%	Net income / revenue.
FCF margin	1,572.0%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	1,575.0%	Cash from operations / revenue.
Effective tax rate	22.5%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	9.7%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	1.1%	Net income / average total assets.
Stock-based pay / revenue	48.4%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	2.2%	Capital expenditures / revenue.
D&A / revenue	9.0%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	13.9%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	7.5%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y	46.4%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	-4.1%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	7.3%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	47.6%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	-3.6%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	6.6%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	30.9%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	2.1%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	9.9%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	31.6%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	2.3%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	10.4%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	7.8%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	7.8%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	6.0%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	4.2%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-0.7%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	4.7%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	-0.7%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	895.9%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	300.7%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Liabilities / assets	88.7%	Total liabilities / total assets.
Tangible book value	$266.6M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.00x	Revenue / average total assets.
Fixed asset turnover	3.17x	Revenue / average property, plant and equipment.
FCF conversion	122.6%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	0.1%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$1.42	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$0.11	Revenue / diluted weighted shares.
FCF per share	$1.74	Free cash flow / diluted weighted shares.
Operating cash flow per share	$1.75	Cash from operations / diluted weighted shares.
Book value per share	$14.78	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$14.78	Tangible book value / shares outstanding.
Cash per share	$0.68	(Cash + short-term investments) / shares outstanding.
Payout ratio	17.5%	Dividends paid / net income, when net income is positive.
Dividends / FCF	14.2%	Dividends paid / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$324.3M	Share price x shares outstanding.
Enterprise value	$312.0M	Market cap + total debt - cash - short-term investments.
P/E	12.6x	Market cap / net income. Only when net income is positive.
P/S	161x	Market cap / revenue.
P/B	1.22x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	1.22x	Market cap / tangible book value, when positive.
P/FCF	10.2x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	10.2x	Market cap / cash from operations, when positive.
EV/Sales	155x	Enterprise value / revenue.
EV/FCF	9.85x	Enterprise value / free cash flow, when both are positive.
FCF yield	9.8%	Free cash flow / market cap.
Earnings yield	8.0%	Net income / market cap (the inverse of P/E).
Dividend yield	1.4%	Dividends paid over the period / market cap.
Shareholder yield	1.4%	(Dividends paid + share buybacks) / market cap.

What was FVCBankcorp, Inc.'s revenue in fiscal 2025?

FVCBankcorp, Inc. reported revenue of $1.8M for fiscal 2025, 13.9% higher than the year before.

Was FVCBankcorp, Inc. profitable in fiscal 2025?

Yes. Net income was $22.1M, a net margin of 1,238.5%.

How much free cash flow did FVCBankcorp, Inc. generate in fiscal 2025?

Cash from operations of $23.9M minus capital expenditures of $47.0K left free cash flow of $23.8M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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