FVCBankcorp, Inc. Announces 19% Increase in Quarterly Net Income and 61% Increase in Year-To-Date Net Income

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[{"type":"text","content":"FAIRFAX, Va., October 21, 2025--(BUSINESS WIRE)--FVCBankcorp, Inc. (NASDAQ: FVCB) (the "Company") today reported net income of $5.6 million for the quarter ended September 30, 2025 compared to net income of $4.7 million for the quarter ended September 30, 2024, an increase of $910 thousand, or 19%. Diluted earnings per share were $0.31 for the quarter ended September 30, 2025 compared to $0.25 for the quarter ended September 30, 2024, an increase of 24%. Net income for the three months ended June 30, 2025 was $5.7 million, or $0.31 diluted earnings per share.","length":575,"tagName":"p"},{"type":"text","content":"Third Quarter Selected Financial Highlights","length":43,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Continued Growth in Core Operating Earnings. Core operating earnings (non-GAAP) which is net income, excluding nonrecurring gains, increased to $5.6 million for the three months ended September 30, 2025 compared to $5.5 million for the three months ended June 30, 2025. Compared to the year ago quarter, core operating earnings increased 19%, or $910 thousand, from $4.7 million for the three months ended September 30, 2024 (which is equal to net income for the periods as there was no nonrecurring gain). Refer below to the "Reconciliation of Net Income (GAAP) to Core Operating Earnings (Non-GAAP)" for further information.","length":636,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net Interest Margin Up 10% and Net Interest Income Improved 13%, Compared to the Year Ago Quarter. For the quarter ended September 30, 2025, net interest margin improved to 2.91% from 2.90% for the quarter ended June 30, 2025, the seventh consecutive quarter of margin improvement, and increased 27 basis points, or 10%, compared to 2.64% for the third quarter of 2024. Net interest income increased $1.8 million, or 13%, to $16.0 million for the third quarter of 2025, compared to $14.2 million for the year ago quarter ended September 30, 2024, and increased $274 thousand compared to the linked quarter ended June 30, 2025.","length":626,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Annualized Core Deposit Growth Over 10%. Core deposits, which exclude wholesale deposits, increased $122.2 million, or 10% annualized, to $1.74 billion at September 30, 2025 compared to $1....

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