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FVCBankcorp (FVCBankcorp) Return-on-Tangible-Equity : 2.54% (As of Mar. 2024)


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What is FVCBankcorp Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. FVCBankcorp's annualized net income for the quarter that ended in Mar. 2024 was $5.36 Mil. FVCBankcorp's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $211.33 Mil. Therefore, FVCBankcorp's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 2.54%.

The historical rank and industry rank for FVCBankcorp's Return-on-Tangible-Equity or its related term are showing as below:

FVCB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.89   Med: 8.79   Max: 12.61
Current: 2.21

During the past 13 years, FVCBankcorp's highest Return-on-Tangible-Equity was 12.61%. The lowest was 1.89%. And the median was 8.79%.

FVCB's Return-on-Tangible-Equity is ranked worse than
91.28% of 1457 companies
in the Banks industry
Industry Median: 10.7 vs FVCB: 2.21

FVCBankcorp Return-on-Tangible-Equity Historical Data

The historical data trend for FVCBankcorp's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FVCBankcorp Return-on-Tangible-Equity Chart

FVCBankcorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.88 8.82 11.46 12.61 1.89

FVCBankcorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.27 8.47 7.94 -9.82 2.54

Competitive Comparison of FVCBankcorp's Return-on-Tangible-Equity

For the Banks - Regional subindustry, FVCBankcorp's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FVCBankcorp's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, FVCBankcorp's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where FVCBankcorp's Return-on-Tangible-Equity falls into.



FVCBankcorp Return-on-Tangible-Equity Calculation

FVCBankcorp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=3.822/( (194.592+209.532 )/ 2 )
=3.822/202.062
=1.89 %

FVCBankcorp's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=5.36/( (209.532+213.121)/ 2 )
=5.36/211.3265
=2.54 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


FVCBankcorp  (NAS:FVCB) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


FVCBankcorp Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of FVCBankcorp's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


FVCBankcorp (FVCBankcorp) Business Description

Traded in Other Exchanges
N/A
Address
11325 Random Hills Road, Suite 240, Fairfax, VA, USA, 22030
FVCBankcorp Inc is a registered bank holding company. It operates primarily through the sole subsidiary, FVCbank which is a community-oriented, locally-owned and managed commercial bank. It offers commercial banking services to small and medium-sized businesses, professionals, non-profit organizations and associations, and investors. It also provides retail banking services to accommodate the individual needs of both corporate customers as well as the communities it serves. The bank provides other facilities such as online banking, mobile banking, remote deposit service and lending products, among others. Its primary source of revenue is the net interest income.
Executives
William G Byers officer: Chief Lending Officer 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
David W Pijor director, officer: Chairman/Chief Executive Offic 11325 RANDOM HILLS RD, STE 240, FAIRFAX VA 22030
Wills Phillip R. Iii director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
B. Todd Dempsey officer: Chief Operating Officer 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Lawrence W Schwartz director 11325 RANDOM HILLS RD, STE 240, FAIRFAX VA 22030
Patterson Thomas L /va/ director 11325 RANDOM HILLS RD, STE 240, FAIRFAX VA 22030
Jennifer L Deacon officer: Chief Financial Offier 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Patricia A Ferrick director, officer: President 6811 HARTWOOD LANE, CENTREVILLE VA 20121
Daniel M. Testa director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Scott Laughlin director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Devin Satz director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Marc N. Duber director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Sharon L. Jackson officer: EVP, Chief Deposit Officer 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Morton A Bender director 11325 RANDOM HILLS ROAD, STE 240, FAIRFAX VA 22030
Meena Krishnan director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030