FVCBankcorp, Inc. reported net income of $6.6 million for the quarter ended September 30, 2026, representing a 19% increase compared to the same period in 2025. For the nine months ended September 30, 2026, net income totaled $21.2 million, a 29% increase from $16.4 million during the same period in 2025. Diluted earnings per share were $0.37 for the third quarter of 2026, up 20% from $0.31 in the prior year's quarter.
The company reported several improvements in key financial metrics. Return on average assets increased to 1.17% for the quarter, and return on average equity rose to 9.77%. The net interest margin improved by 41 basis points to 3.32%, while the efficiency ratio decreased to 53.29%.
Loans, net of fees, increased by $14.6 million during the quarter to reach $1.91 billion. Noninterest-bearing deposits grew by $12.0 million, or 3%, to $427.3 million. The company also noted continued solid credit quality, with watchlist loans decreasing by $32.4 million, or 56%, to $25.5 million. Nonperforming loans decreased to $11.0 million, or 0.48% of total assets.
On October 15, 2026, the Board of Directors declared a quarterly cash dividend of $0.07 per share of common stock. The dividend is payable on November 16, 2026, to shareholders of record on October 26, 2026.
