FVCBankcorp, a community bank serving Washington, D.C. and Northern Virginia, filed on Monday with the SEC to raise up to $40 million in an initial public offering. The company is currently listed on the OTC Markets under the ticker FVCB.
The Fairfax, VA-based company was founded in 2007 and booked $11 million in revenue for the 12 months ended June 30, 2018. It plans to list on the Nasdaq under the symbol FVCB. FVCBankcorp filed confidentially on June 22, 2018. Sandler O'Neill and Raymond James are the joint bookrunners on the deal. No pricing terms were disclosed.
