Yahoo Finance Compared to Estimates, FVCBankcorp (FVCB) Q1 Earnings: A Look at Key Metrics
FVCBankcorp (FVCB) reported $13.19 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 40.4%. EPS of $0.20 for the same period compares to $0.26 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $13.82 million, representing a surprise of -4.58%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.20.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how FVCBankcorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Interest Margin: 2.5% versus the two-analyst average estimate of 2.5%.
Efficiency ratio: 65.4% versus the two-analyst average estimate of 65.2%.
Total Non Interest Income: $0.40 million versus the two-analyst average estimate of $0.78 million.
Net Interest Income: $12.79 million versus the two-analyst average estimate of $13.05 million.
View all Key Company Metrics for FVCBankcorp here>>>
Shares of FVCBankcorp have returned -7.3% over the past month versus the Zacks S&P 500 composite's -4.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Fvcbankcorp, Inc. (FVCB) : Free Stock Analysis Report
