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MVB Financial Corp

Financial Services US MVBF

28.03USD
0.38(1.37%)

Last update at 2026-06-09T17:25:00Z

Day Range

27.5228.48
LowHigh

52 Week Range

17.2926.60
LowHigh

Fundamentals

  • Previous Close 27.65
  • Market Cap233.23M
  • Volume12402
  • P/E Ratio9.78
  • Dividend Yield3.73%
  • Revenue TTM149.56M
  • Revenue Per Share TTM11.74
  • Gross Profit TTM 135.90M
  • Diluted EPS TTM1.85

Source: TradingView
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Analyst Recommendations

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 18.52M 48.58M 46.94M 35.01M 15.38M
Minority interest 0.66M 0.42M - - -
Net income 15.05M 39.12M 37.41M 26.99M 12.00M
Selling general administrative 72.16M 60.21M 61.63M 56.17M 55.38M
Selling and marketing expenses - 0.53M 1.10M 1.29M 1.14M
Gross profit 150.10M 139.75M 160.66M 124.00M 87.14M
Reconciled depreciation 5.32M 4.29M 3.38M 3.27M 2.94M
Ebit 28.01M 49.00M 46.94M 35.44M 33.08M
Ebitda 33.33M 53.30M 50.32M 38.71M 36.02M
Depreciation and amortization 5.32M 4.29M 3.38M 3.27M 2.94M
Non operating income net other - - - - -
Operating income 28.01M 49.00M 46.94M 35.44M 33.08M
Other operating expenses -122.09000M -90.75200M -113.72000M -88.56300M 54.06M
Interest expense 14.15M 6.27M 11.63M 22.96M 17.71M
Tax provision 4.13M 9.88M 9.53M 8.45M 3.37M
Interest income 125.96M 83.43M 80.45M 82.36M 69.76M
Net interest income 111.80M 77.16M 68.83M 59.40M 52.05M
Extraordinary items - - - 0.43M -
Non recurring - - - - -
Other items - - - - -
Income tax expense 4.13M 9.88M 9.53M 8.45M 3.37M
Total revenue 150.10M 139.75M 160.66M 124.00M 90.69M
Total operating expenses -122.09000M -90.75200M -113.72000M -88.56300M -54.06100M
Cost of revenue - - - - 3.55M
Total other income expense net -9.49200M -0.42500M -11.62700M -0.42700M -17.70600M
Discontinued operations - - - 0.43M 0.43M
Net income from continuing ops 14.39M 38.70M 37.41M 26.56M 12.00M
Net income applicable to common shares 15.05M 39.09M 36.95M 26.51M 11.51M
Preferred stock and other adjustments - 0.04M 0.46M 0.48M 0.49M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 3326.15M 3055.93M 2789.32M 2331.48M 1944.11M
Intangible assets 1.77M 1.63M 2.32M 2.40M 3.47M
Earning assets - - - - 386.24M
Other current assets 414.32M 197.94M 1573.81M 1059.60M 1318.66M
Total liab 3036.81M 2794.23M 2513.04M 2091.99M 1732.18M
Total stockholder equity 289.38M 261.39M 275.30M 239.48M 211.94M
Deferred long term liab - - - - -
Other current liab 2164.12M -41.55600M -55.12600M -55.93100M -41.68500M
Common stock 13.61M 13.47M 12.94M 12.37M 11.99M
Capital stock 13.61M 13.47M 12.94M 19.71M 19.33M
Retained earnings 160.86M 144.91M 138.22M 105.17M 72.50M
Other liab - 23.99M 62.41M 66.20M 25.82M
Good will 2.84M 3.99M 3.99M 2.35M 19.63M
Other assets - 2100.29M 1511.56M 1108.49M 1322.13M
Cash 398.23M 40.28M 310.16M 275.70M 40.55M
Cash and equivalents - - - - -
Total current liabilities 2170.74M 41.56M 55.13M 55.93M 41.69M
Current deferred revenue - - - - -
Net debt -299.04800M 145.10M -237.12600M -232.28900M 182.33M
Short term debt 6.61M - 51.15M 19.82M 0.03M
Short long term debt - - - - 0.03M
Short long term debt total 99.18M 185.38M 73.03M 43.41M 222.88M
Other stockholder equity 143.75M 140.72M 127.75M 112.38M 121.43M
Property plant equipment - 37.55M 25.05M 26.20M 21.97M
Total current assets 414.32M 509.44M 794.85M 756.22M 326.04M
Long term investments 462.12M 418.56M 453.87M 458.18M 254.34M
Net tangible assets - 257.10M 271.31M 229.80M 184.97M
Short term investments 345.27M 379.81M 421.47M 410.62M 235.82M
Net receivables 2295.47M 89.34M 63.23M 69.90M 49.67M
Long term debt 80.33M 185.38M 73.03M 43.41M 227.01M
Inventory -1897.24100M 1.19M -63.22700M 5.73M 1.40M
Accounts payable - 41.56M 55.13M 55.93M 41.69M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - 0.31M 0.97M - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -28.83100M -37.70400M -3.60600M 2.23M -1.32100M
Additional paid in capital - - - - -
Common stock total equity - 13.47M 12.94M 12.37M 11.99M
Preferred stock total equity - - - 7.33M 7.33M
Retained earnings total equity - 144.91M 138.22M 105.17M 72.50M
Treasury stock - -16.74100M -16.74100M -16.74100M -1.08400M
Accumulated amortization - - - - -
Non currrent assets other 2385.11M -446.19900M -482.90800M -466.76200M -295.93900M
Deferred long term asset charges - - - - -
Non current assets total 2911.83M 446.20M 482.91M 466.76M 295.94M
Capital lease obligations - - - - -
Long term debt total - 83.05M 73.03M 43.41M 4.12M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -623.31500M -485.51600M -231.37800M -120.65700M -203.90200M
Change to liabilities -12.42600M 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities -628.95400M -571.95400M -294.11100M -120.05500M -209.97700M
Net borrowings 8.53M 0.57M -0.62300M 54.38M -19.79400M
Total cash from financing activities 296.62M 580.68M 417.77M 133.90M 205.20M
Change to operating activities -14.86400M 1.15M -8.58700M 10.56M -1.75200M
Net income 14.39M 38.70M 37.41M 26.99M 12.00M
Change in cash -267.15700M 43.54M 235.89M 5.78M 1.92M
Begin period cash flow 307.44M 263.89M 28.00M 22.22M 20.30M
End period cash flow 40.28M 307.44M 263.89M 28.00M 22.22M
Total cash from operating activities 65.18M 34.81M 112.23M -8.06200M 6.69M
Issuance of capital stock 0.00000M 0.50M - 0.00000M 0.00000M
Depreciation 5.32M 4.29M 3.38M 3.27M 2.94M
Other cashflows from investing activities -2.59800M -81.57300M -56.11800M 2.64M -3.42500M
Dividends paid -8.35500M -6.07300M -4.73600M -2.76900M 1.71M
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock 2.03M -7.33400M -15.74600M -0.50000M 2.13M
Other cashflows from financing activities 295.64M 1187.73M -0.71700M 151.24M 269.19M
Change to netincome 59.33M -10.52400M 132.42M 15.40M 23.69M
Capital expenditures 3.04M 4.87M 6.62M 2.04M 2.69M
Change receivables - - - - -
Cash flows other operating -1.43700M 2.44M -60.88400M -53.71400M -31.89600M
Exchange rate changes - - - - -
Cash and cash equivalents changes -267.15700M 43.54M 235.89M 5.78M 1.92M
Change in working capital -14.86400M 1.15M -8.58700M -11.51500M 2.29M
Stock based compensation 3.22M 3.21M 2.35M 1.76M 1.27M
Other non cash items 60.75M -18.66500M 81.07M -24.61400M -11.94700M
Free cash flow 62.14M 29.95M 105.62M -10.10400M 4.00M

Peer Comparison

Sector: Financial Services Industry: Banks - Regional

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x)
MVBF
MVB Financial Corp
0.38 1.37% 28.03 9.78 - 1.75 0.88
HDB
HDFC Bank Limited ADR
0.23 1.02% 23.25 20.81 20.96 0.11 4.77
CIHKY
China Merchants Bank Co Ltd
-0.27 0.88% 30.44 7.78 7.65 0.56 0.90 3.62
DBSDF
DBS Group Holdings Ltd
0.16 0.32% 50.61 15.29 14.41 5.84 2.36 10.40
CIHHF
China Merchants Bank Co Ltd Class H
- -% 5.92 6.10 5.67 0.44 0.77 3.43

Reports Covered

Stock Research & News

Profile

MVB Financial Corp. operates as bank holding company for MVB Bank, Inc that provides financial services to individuals and corporate clients. The company operates through three segments: CoRe Banking, Mortgage Banking, and The 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 fintech solutions for the gaming, payments, banking-as-a-service, and digital asset sectors; fraud prevention services for merchants, credit agencies, Fintech companies, and other vendors; and digital products and web and mobile applications for forward-thinking community banks, credit unions, digital banks, and Fintech companies. It operates full-service branches in West Virginia and Virginia. MVB Financial Corp. was founded in 1997 and is based in Fairmont, West Virginia.

MVB Financial Corp

301 Virginia Avenue, Fairmont, WV, United States, 26554

Key Executives

Name Title Year Born
Mr. Larry F. Mazza CPA CEO & Non-Independent Director 1961
Mr. Donald T. Robinson CFO, Pres & Treasurer 1975
Mr. John C. Marion Exec. VP & COO 1968
Mr. Craig Bradley Greathouse Exec. VP & Chief Admin. Officer 1972
Mr. John T. Schirripa Chief Commercial Officer 1962
Patrick Runge Sr. VP & CTO NA
Ms. Lisa J. McCormick Corp. Sec./ Investor Relations NA
Ms. Angela Lucas CCE Chief Risk Officer NA
Ms. Amy Baker VP of Corp. Communications & Marketing NA
Mr. David A. Jones Sr. VP & Chief Risk Officer 1963

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