welcome to fvcbank. opened in november 2007, our vision entails working with our shareholders, friends and neighbors to build a financial services organization that will focus on the northern virginia business community, its owners and employees. we believe our bank should do more than provide traditional banking products. one key strategy is focusing on helping people achieve their financial dreams, whether that's creating a fortune 500 company, planning for college educations, retirement or whatever that dream may be. by attracting top notch experienced bankers and combining their skills with state of the art technology, we will offer our customers high touch banking and products that will successfully compete with any other bank. in addition, by banking with us, your company will have an opportunity to become part of our e-directory. the first virginia community bank e-directory and marketing through our e-newsletter provides our customers an added marketing tool as part of their ba
Company profile
Ticker
FVCB
Exchange
Website
CEO
David W. Pijor
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
475020283
FVCB stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
5 Apr 24
ARS
2023 FY
Annual report to shareholders
5 Apr 24
8-K
Other Events
21 Mar 24
10-K
2023 FY
Annual report
21 Mar 24
8-K
Results of Operations and Financial Condition
23 Jan 24
8-K
Other Events
11 Dec 23
8-K
Departure of Directors or Certain Officers
7 Dec 23
8-K
Regulation FD Disclosure
16 Nov 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Results of Operations and Financial Condition
24 Oct 23
Latest ownership filings
4
Sidney G Simmonds
19 Apr 24
4
PATRICIA A FERRICK
28 Mar 24
4
Michael G. Nassy
28 Mar 24
4
Sharon L. Jackson
28 Mar 24
4
Jennifer L Deacon
28 Mar 24
4
DAVID W PIJOR
21 Mar 24
144
Notice of proposed sale of securities
19 Mar 24
4
Devin Satz
19 Mar 24
4
LAWRENCE W SCHWARTZ
18 Mar 24
144
Notice of proposed sale of securities
15 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 7.56 mm | 7.56 mm | 7.56 mm | 7.56 mm | 7.56 mm | 7.56 mm |
Cash burn (monthly) | 240.33 k | 355.00 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.61 mm | 2.37 mm | n/a | n/a | n/a | n/a |
Cash remaining | 5.95 mm | 5.19 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 24.8 | 14.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
41.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 59 |
Opened positions | 5 |
Closed positions | 6 |
Increased positions | 27 |
Reduced positions | 12 |
13F shares | Current |
---|---|
Total value | 75.18 bn |
Total shares | 7.42 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Endeavour Capital Advisors | 1.25 mm | $13.51 bn |
FJ Capital Management | 1.01 mm | $10.88 bn |
BLK Blackrock | 881.28 k | $9.49 bn |
Alliancebernstein | 833.24 k | $8.97 bn |
Vanguard | 790.02 k | $8.51 bn |
Banc Funds | 382.92 k | $4.12 mm |
STT State Street | 312.57 k | $3.37 bn |
Geode Capital Management | 296.54 k | $3.19 bn |
Bridgewater Advisors | 199.54 k | $2.15 bn |
Dimensional Fund Advisors | 175.94 k | $1.89 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Apr 24 | Sidney G Simmonds | Common Stock | Option exercise | Acquire M | No | No | 5.5603 | 24,413 | 135.74 k | 56,537 |
18 Apr 24 | Sidney G Simmonds | Stock Options Common Stock | Option exercise | Dispose M | No | No | 5.5603 | 24,413 | 135.74 k | 0 |
26 Mar 24 | Patricia A Ferrick | Common Stock | Payment of exercise | Dispose F | No | No | 12.05 | 573 | 6.90 k | 146,072 |
26 Mar 24 | Michael G. Nassy | Common Stock | Payment of exercise | Dispose F | No | No | 12.05 | 590 | 7.11 k | 37,519 |
26 Mar 24 | Sharon L. Jackson | Common Stock | Payment of exercise | Dispose F | No | No | 12.05 | 506 | 6.10 k | 33,201 |
26 Mar 24 | Jennifer L Deacon | Common Stock | Payment of exercise | Dispose F | No | No | 12.05 | 506 | 6.10 k | 20,837 |