Filing Flows › FVCBankcorp (FVCB) › Q1 2025
FVCBankcorp (FVCB) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
FVCBankcorp (FVCB) reported revenue of $15.7M for the first quarter 2025 (Q1 2025), +19% from a year earlier and +2% from the quarter before. Operating margin was 40.8%, net earnings $5.2M (32.9% of revenue).
FVCBankcorp, Q1 2025: revenue $15.7M (+19% year over year), operating margin 40.8%, net earnings $5.2M, operating cash flow $5.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.7M | +2% | +19% |
| Operating profit | $6.4M | +0.4% | +40% |
| Net earnings | $5.2M | +5% | +285% |
| Operating cash flow | $5.4M | +12% | -24% |
| Free cash flow | $5.4M | +12% | -24% |
What changed
Revenue was $15.7M in Q1 2025, up 19% year over year and up 2% from the previous quarter.
Operating profit was $6.4M, a 40.8% margin (up 6.2 points year over year). Of the extra revenue versus a year earlier, 74% reached operating profit, above the 35% margin then. Total costs grew 7% against revenue growth of 19%. The fastest-growing cost line was Credit loss provision (+806%). Net earnings were $5.2M, up 285% year over year. The effective tax rate was 19.2%.
Operating cash flow was $5.4M (down 24% year over year), 105% of net earnings. Non-cash charges added back $95K of depreciation and amortization and $219K of share-based compensation. Capital expenditures of $16K left free cash flow of $5.4M.
Questions
What was FVCBankcorp's revenue in the first quarter 2025?
FVCBankcorp (FVCB) reported revenue of $15.7M for the first quarter 2025 (Q1 2025), +19% from a year earlier and +2% from the quarter before.
Was FVCBankcorp profitable in the first quarter 2025?
Operating profit was $6.4M (40.8% of revenue) and net earnings $5.2M.
Source: FVCBankcorp 10-Q on SEC EDGAR.