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FVCBankcorp, Inc. Named to Piper Sandler 2022 ‘Sm-All Stars Class’
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
FVCBankcorp, Inc. (NASDAQ:FVCB) has been recognized for the second time in the Piper Sandler Bank & Thrift Sm-All Stars annual analysis, identifying top-performing small-cap banks. This accolade highlights FVCB's effective management, reflecting strong profitability and credit quality, meeting specific performance metrics. The bank first made this list in 2020 and was the only Virginia-based bank to be named as an all-star in 2022. With assets of $2.31 billion, FVCBank serves the banking needs of various commercial entities in the Baltimore and Washington D.C. areas.
Positive
Recognition as a top-performing small-cap bank in the Piper Sandler Sm-All Stars list.
Second consecutive placement boosts visibility and prestige for the bank.
Demonstrated strong profitability and credit quality, exceeding industry medians.
Negative
None.
FAIRFAX, Va.--(BUSINESS WIRE)--
FVCBankcorp, Inc. (NASDAQ:FVCB) (the “Company”) is pleased to announce its second placement on the Piper Sandler Bank & Thrift Sm-All Stars annual analysis of small-cap banks. With an objective to identify “the next crop of stellar mid-cap banks before they are discovered by the rest of the world,” Piper Sandler’s Sm-All Stars list recognizes the 35 highest-performing small-cap banks and thrifts in the country.
The Company first made the list in 2020 and was the only Virginia-headquartered bank to receive the honor in 2022.
“It’s truly an honor to get named as an all-star financial institution again by Piper Sandler,” said David Pijor, Chairman and CEO of FVCBankcorp, Inc. “We’re thrilled to receive the placement for the second time recognizing the strength and profitability of our institution. We feel it’s a badge that showcases our commitment to delivering for our customers with our high performance.”
Piper Sandler, a leading middle-market investment bank and institutional securities firm, publishes an annual list of the best-performing American small-market institutions. For its 2022 list, companies had to have a market cap below $2.5 billion and meet several performance hurdles related to profitability, credit quality, capital strength, and growth, including outperforming industry medians in return on average equity and deposit, loan, and earnings per share growth.
About FVCBankcorp, Inc.
FVCBankcorp, Inc. is the holding company for FVCbank, a wholly-owned subsidiary that commenced operations in November 2007. FVCbank is a $2.31 billion asset-sized Virginia-chartered community bank serving the banking needs of commercial businesses, nonprofit organizations, professional service entities, their owners and employees located in the greater Baltimore and Washington D.C., metropolitan areas. FVCbank is based in Fairfax, Virginia, and has 9 full-service offices in Arlington, Fairfax, Manassas, Reston and Springfield, Virginia, Washington D.C., and Baltimore, Bethesda, and Rockville, Maryland.
For more information on the Company’s selected financial information, please visit the Investor Relations page of FVCBankcorp, Inc.’s website, www.fvcbank.com.
