See more : Cub Energy Inc. (TPNEF) Income Statement Analysis – Financial Results
Complete financial analysis of MVB Financial Corp. (MVBF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of MVB Financial Corp., a leading company in the Banks – Regional industry within the Financial Services sector.
- Adeka Corporation (4401.T) Income Statement Analysis – Financial Results
- Northwest Pipe Company (NWPX) Income Statement Analysis – Financial Results
- Brimag Digital Age Ltd. (BRMG.TA) Income Statement Analysis – Financial Results
- Shenzhen Hepalink Pharmaceutical Group Co., Ltd. (SHEZF) Income Statement Analysis – Financial Results
- Interroll Holding AG (INRN.SW) Income Statement Analysis – Financial Results
MVB Financial Corp. (MVBF)
About MVB Financial Corp.
MVB Financial Corp., through its subsidiaries, provides financial services to individuals and corporate clients in the Mid-Atlantic region and internationally. The company operates through three segments: CoRe Banking, Mortgage Banking, and Financial Holding Company. It offers various demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and commercial, consumer, and real estate mortgage loans, as well as lines of credit. The company also provides debit cards; cashier's checks; safe deposit rental facilities; and non-deposit investment services, as well as financial technology (Fintech) banking services. In addition, it offers title insurance; and integrated regulatory compliance, state licensing, financial crimes prevention, and enterprise risk management services that include consulting, outsourcing, testing, and training solutions. Further, the company offers a customizable suite of fraud prevention services for merchants, credit agencies, Fintech companies, and other vendors; and consulting for the development of online and mobile banking platforms, and digital products for Fintech companies, as well as develops software. As of December 31, 2021, it operated six full-service branches in West Virginia and two full-service branches in Virginia. MVB Financial Corp. was founded in 1997 and is headquartered in Fairmont, West Virginia.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 146.48M | 150.10M | 139.76M | 160.66M | 124.00M | 90.69M | 85.00M | 82.84M | 71.41M | 51.16M | 46.34M | 24.69M | 17.80M | 13.27M | 10.99M | 9.53M | 2.21M | 1.69M | 1.04M | 946.00K | 821.00K |
| Cost of Revenue | 1.68M | 0.00 | 0.00 | 0.00 | 0.00 | 3.55M | 3.21M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 144.81M | 150.10M | 139.76M | 160.66M | 124.00M | 87.14M | 81.80M | 82.84M | 71.41M | 51.16M | 46.34M | 24.69M | 17.80M | 13.27M | 10.99M | 9.53M | 2.21M | 1.69M | 1.04M | 946.00K | 821.00K |
| Gross Profit Ratio | 98.85% | 100.00% | 100.00% | 100.00% | 100.00% | 96.08% | 96.23% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 23.22M | 72.16M | 60.21M | 61.63M | 56.18M | 55.38M | 54.23M | 54.21M | 47.80M | 34.69M | 29.24M | 10.38M | 9.04M | 5.32M | 4.69M | 4.02M | 3.49M | 2.90M | 2.49M | 1.36M | 1.14M |
| Selling & Marketing | 79.46M | 0.00 | 525.00K | 1.10M | 1.29M | 1.14M | 1.18M | 1.25M | 1.38M | 1.44M | 1.44M | 647.00K | 482.00K | 338.00K | 309.00K | 235.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 102.68M | 72.16M | 60.21M | 61.63M | 56.18M | 56.52M | 55.41M | 55.46M | 49.18M | 36.13M | 30.68M | 11.03M | 9.52M | 5.66M | 4.99M | 4.26M | 3.49M | 2.90M | 2.49M | 1.36M | 1.14M |
| Other Expenses | 0.00 | -194.25M | -150.96M | -175.35M | -144.74M | -110.58M | -128.23M | -129.33M | -101.52M | -77.22M | -66.47M | -24.95M | -18.71M | -10.43M | -8.60M | -6.74M | 2.38M | 1.09M | -438.00K | 949.00K | 916.00K |
| Operating Expenses | 102.68M | -122.09M | -90.75M | -113.72M | -88.56M | -54.06M | -72.82M | -73.86M | -52.34M | -41.10M | -35.79M | -13.92M | -9.18M | -4.77M | -3.60M | -2.49M | 5.87M | 3.99M | 2.05M | 2.31M | 2.06M |
| Cost & Expenses | 102.68M | -122.09M | -90.75M | -113.72M | -88.56M | -54.06M | -69.61M | -73.86M | -52.34M | -41.10M | -35.79M | -13.92M | -9.18M | -4.77M | -3.60M | -2.49M | 5.87M | 3.99M | 2.05M | 2.31M | 2.06M |
| Interest Income | 189.82M | 125.96M | 83.43M | 80.45M | 82.36M | 69.76M | 56.60M | 54.12M | 44.10M | 36.41M | 26.55M | 22.25M | 19.01M | 16.29M | 14.34M | 13.69M | 13.27M | 10.01M | 6.65M | 5.54M | 4.85M |
| Interest Expense | 66.54M | 14.15M | 6.27M | 11.63M | 22.96M | 17.71M | 12.30M | 11.13M | 9.23M | 8.08M | 5.55M | 4.93M | 4.90M | 5.47M | 5.53M | 5.95M | 6.38M | 4.36M | 2.33M | 1.57M | 1.70M |
| Depreciation & Amortization | 5.00M | 5.32M | 4.20M | 3.36M | 3.26M | 2.94M | 2.69M | 3.41M | 2.91M | 1.25M | 936.00K | 1.77M | 1.35M | 960.00K | 562.00K | 457.00K | 364.00K | 310.00K | 189.00K | 118.00K | 134.00K |
| EBITDA | 0.00 | 20.35M | 52.78M | 50.24M | 38.28M | 18.31M | 15.02M | 16.76M | 11.21M | 0.00 | 0.00 | 0.00 | 5.07M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.80M | 0.00 |
| EBITDA Ratio | 0.00% | 22.20% | 38.14% | 31.32% | 31.22% | 39.72% | 32.14% | 38.42% | 30.77% | 22.11% | 24.79% | 50.79% | 56.00% | 71.30% | 72.36% | 78.70% | 382.28% | 355.13% | 315.83% | 356.55% | 366.99% |
| Operating Income | 42.13M | 28.01M | 49.00M | 46.94M | 35.44M | 33.08M | 8.98M | 8.98M | 19.07M | 10.07M | 10.55M | 10.76M | 8.61M | 8.50M | 7.39M | 7.04M | 8.07M | 5.67M | 3.08M | 3.26M | 2.88M |
| Operating Income Ratio | 28.76% | 18.66% | 35.06% | 29.22% | 28.58% | 36.48% | 10.56% | 10.84% | 26.70% | 19.67% | 22.77% | 43.60% | 48.40% | 64.06% | 67.25% | 73.90% | 365.79% | 336.74% | 297.59% | 344.08% | 350.67% |
| Total Other Income/Expenses | -14.83M | -11.37M | 4.76M | 7.62M | -8.11M | -7.93M | -6.31M | -6.42M | -6.13M | 0.00 | -4.96M | -302.00K | 0.00 | 0.00 | 1.52M | 824.00K | -6.38M | 1.23M | -2.52M | -118.00K | -1.70M |
| Income Before Tax | 27.29M | 18.52M | 48.58M | 46.94M | 35.01M | 15.38M | 12.33M | 13.36M | 9.84M | 1.98M | 5.00M | 5.83M | 3.71M | 3.03M | 1.86M | 1.09M | 1.70M | 1.31M | 757.00K | 1.69M | 1.18M |
| Income Before Tax Ratio | 18.63% | 12.34% | 34.76% | 29.22% | 28.24% | 16.95% | 14.51% | 16.12% | 13.78% | 3.88% | 10.80% | 23.63% | 20.87% | 22.85% | 16.92% | 11.45% | 76.85% | 77.98% | 73.07% | 178.12% | 143.36% |
| Income Tax Expense | 5.07M | 4.13M | 9.88M | 9.53M | 8.45M | 3.37M | 4.76M | 4.38M | 3.03M | -96.00K | 983.00K | 1.67M | 1.01M | 795.00K | 454.00K | 263.00K | 414.00K | 341.00K | 195.00K | 627.00K | 396.00K |
| Net Income | 31.23M | 15.05M | 39.12M | 37.41M | 26.99M | 12.00M | 7.58M | 12.91M | 6.82M | 2.08M | 4.02M | 4.17M | 2.70M | 2.24M | 1.41M | 828.00K | 1.28M | 973.00K | 562.00K | 1.06M | 781.00K |
| Net Income Ratio | 21.32% | 10.02% | 27.99% | 23.29% | 21.77% | 13.23% | 8.91% | 15.59% | 9.54% | 4.06% | 8.68% | 16.88% | 15.18% | 16.86% | 12.79% | 8.69% | 58.09% | 57.74% | 54.25% | 111.84% | 95.13% |
| EPS | 2.46 | 1.23 | 3.32 | 3.13 | 2.30 | 0.94 | 0.69 | 1.44 | 0.78 | 0.22 | 0.51 | 0.70 | 0.61 | 0.70 | 0.44 | 0.26 | 0.43 | 0.34 | 0.28 | 0.73 | 0.55 |
| EPS Diluted | 2.40 | 1.17 | 3.10 | 3.06 | 2.24 | 0.94 | 0.68 | 1.31 | 0.77 | 0.22 | 0.51 | 0.70 | 0.61 | 0.69 | 0.43 | 0.25 | 0.42 | 0.33 | 0.28 | 0.70 | 0.53 |
| Weighted Avg Shares Out | 12.69M | 12.28M | 11.78M | 11.82M | 11.71M | 12.72M | 10.31M | 8.21M | 8.01M | 7.94M | 7.69M | 5.79M | 4.39M | 3.21M | 3.22M | 3.18M | 2.95M | 2.87M | 2.00M | 1.46M | 1.42M |
| Weighted Avg Shares Out (Dil) | 13.00M | 12.87M | 12.61M | 12.09M | 12.04M | 12.72M | 10.44M | 10.07M | 8.14M | 8.14M | 7.69M | 5.79M | 4.39M | 3.27M | 3.27M | 3.26M | 3.03M | 2.90M | 2.03M | 1.51M | 1.47M |
MVB Financial (MVBF) Lags Q1 Earnings and Revenue Estimates
Strong First Quarter Growth in Loans, Deposits and Investments in Technology is Distancing MVB from the Pack
MVB Financial: Where FinTech, Banking, And Growth Collide
Top Ranked Momentum Stocks to Buy for March 22nd
MVB Financial Corp. Reports Strong Fourth Quarter 2020 Results and Finishes 2020 with Record Earnings
MVB Financial (MVBF) Hikes Dividend by 11.1%: Worth a Look?
Earnings Estimates Moving Higher for Mvb Financial Corp. (MVBF): Time to Buy?
MVB Financial Corp. Announces Final Results of Tender Offer
MVB Financial Corp. Announces Preliminary Results of Tender Offer
5 Banks Boosting Book Value
Source: https://incomestatements.info
Category: Stock Reports