Filing Flows › FVCBankcorp (FVCB) › Q1 2026
FVCBankcorp (FVCB) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
FVCBankcorp (FVCB) reported revenue of $18.4M for the first quarter 2026 (Q1 2026), +17% from a year earlier and +3% from the quarter before. Operating margin was 44.9%, net earnings $6.4M (34.7% of revenue).
FVCBankcorp, Q1 2026: revenue $18.4M (+17% year over year), operating margin 44.9%, net earnings $6.4M, operating cash flow $7.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.4M | +3% | +17% |
| Operating profit | $8.2M | +11% | +29% |
| Net earnings | $6.4M | +13% | +24% |
| Operating cash flow | $7.6M | +0.5% | +41% |
| Free cash flow | $7.6M | +0.5% | +41% |
What changed
Revenue was $18.4M in Q1 2026, up 17% year over year and up 3% from the previous quarter.
Operating profit was $8.2M, a 44.9% margin (up 4.1 points year over year). Of the extra revenue versus Q1 2025, 69% reached operating profit, above the 41% margin then. Total costs grew 9% against revenue growth of 17%. The fastest-growing cost line was Credit loss provision (+73%). Net earnings were $6.4M, up 24% year over year. The effective tax rate was 22.6%.
Operating cash flow was $7.6M (up 41% year over year), 119% of net earnings. Non-cash charges added back $68K of depreciation and amortization and $215K of share-based compensation. Working capital and other items added $1.0M. Capital expenditures of $12K left free cash flow of $7.6M.
Questions
What was FVCBankcorp's revenue in the first quarter 2026?
FVCBankcorp (FVCB) reported revenue of $18.4M for the first quarter 2026 (Q1 2026), +17% from a year earlier and +3% from the quarter before.
Was FVCBankcorp profitable in the first quarter 2026?
Operating profit was $8.2M (44.9% of revenue) and net earnings $6.4M.
Source: FVCBankcorp 10-Q on SEC EDGAR.