FVCBankcorp gets 'overweight' rating as Piper Sandler resumes coverage

FVCBankcorp

09/07/2025 12:30

** Piper Sandler resumes coverage of Virginia-based community bank FVCBankcorp FVCB.O at "overweight" rating

** Says the bank is geographically well-positioned and backed by strong capital levels and a low-risk credit profile

** Brokerage thinks some element of scarcity value should creep into the valuation over time given FVCB is one of the last few community banks based in Northern Virginia

** Sees more room to improve profitability for FVCB when the U.S. Federal Reserve resumes lowering rates

** Piper Sandler's $16 PT on FVCB implies 19.2% upside to stock's last close

** 1 of 2 brokerages rates the stock "buy" and 1 "hold"; median PT $14.50 - data compiled by LSEG

** As of last close, FVCB stock up 6.8% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com))