How did FVCB's Q4 earnings surprise impact its annual performance?

**FVCB's Q4 earnings surprise had a positive impact on its annual performance**, as evidenced by the following points: 1. **Q4 Earnings Surprise**: FVCBankcorp (FVCB) reported quarterly earnings of $0.25 per share for Q4, surpassing the Zacks Consensus Estimate of $0.24 per share. This represents a 4.17% earnings surprise. 2. **Annual Performance Impact**: While the direct impact on annual net income is not explicitly provided, the Q4 earnings beat suggests that FVCB's annual net income could be higher than initially anticipated. This is particularly significant considering the company's strategic improvements and market conditions. 3. **Strategic Improvements**: FVCB has been enhancing profitability, as indicated by a 16% year-over-year increase in quarterly net income in Q3 2024, attributed to improving net interest income and margin. The positive trend in Q4, coupled with these strategic improvements, likely contributed to an even stronger annual performance. 4. **Market Confidence**: The significant decrease in short interest by 8.9% to 72,500 shares by November 30, 2024, suggests growing market confidence in FVCB's financial performance, including the impact of its Q4 earnings surprise. 5. **Insider Activity**: Although there was an insider sell by Devin Satz, selling 6,800 shares in December 2024, the overall insider ownership remains substantial, indicating continued faith in the company's prospects. In conclusion, FVCB's Q4 earnings surprise has likely contributed positively to its annual performance, supported by strategic improvements and market confidence.