Investing.com - FVCBankcorp reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
FVCBankcorp announced earnings per share of $0.48 on revenue of $18.10. Analysts polled by Investing.com anticipated EPS of $0.43 on revenue of $18.59M.
FVCBankcorp shares are down 18.72% from the beginning of the year and are trading at $19.69 , down-from-52-week-high.
FVCBankcorp follows other major Financial sector earnings this month
FVCBankcorp's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.78 on revenue of $23.56B.
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