FVCBankcorp, Inc. (NASDAQ: FVCB) (the "Company") today reported its financial results for the fourth quarter and full year of 2024.
In 2022 and 2023, following a long period of low interest rates, the US Fed fought the post-pandemic inflation shock with one of the most rapid rate-hiking cycles in history.
Results: The private lender’s net interest income (NII)—the difference between interest earned and paid—rose three per cent ...