MVB Financial Corp. (MVBF)

MVB Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	145.05	156.34	163.2	120.82	80.52	77.57
Interest Income on Investments	27.84	29.51	26.62	5.13	2.91	2.89
Total Interest Income	172.89	185.84	189.82	125.96	83.43	80.45
Interest Paid on Deposits	65.63	73.11	61.66	10.48	3.98	10.29
Interest Paid on Borrowings	3.33	3.54	4.88	3.68	2.29	1.33
Total Interest Expense	68.96	76.64	66.54	14.15	6.27	11.63
Net Interest Income	103.93	109.2	123.28	111.8	77.16	68.83
Net Interest Income Growth (YoY)	-9.94%	-11.43%	10.27%	44.90%	12.11%	15.87%
Mortgage Banking Activities	-	-	-	-	-	33.43
Gain (Loss) on Sale of Assets	46.06	11.7	-	4.98	-	0.01
Gain (Loss) on Sale of Investments	-6.39	1.95	-1.66	0.93	7.66	4.79
Gain (Loss) on Sale of Equity Investments	6.67	1.42	-2.5	-0.71	17.43	24.17
Other Non-Interest Income	23.64	26.81	25.6	20.72	15.81	11.46
Total Non-Interest Income	70.85	42.91	20.7	27.57	45.07	74.2
Non-Interest Income Growth (YoY)	161.84%	107.30%	-24.90%	-38.84%	-39.26%	14.85%
Revenues Before Loan Losses	174.78	152.11	143.98	139.37	122.23	143.02
Provision for Loan Losses	6.93	3.54	-1.92	14.19	-6.28	16.58
Revenue	167.85	148.57	145.91	125.17	128.5	126.44
Revenue Growth (YoY)	18.75%	1.83%	16.56%	-2.59%	1.63%	3.46%
Salaries and Employee Benefits	68.61	64.63	59.98	59.32	49.76	59.28
Federal Deposit Insurance	4.11	4.17	4.44	2.61	2.03	2.09
Selling, General & Administrative	41.21	45.26	42.7	39.46	34.93	27.84
Other Non-Interest Expense	10.3	8.17	10.51	8.77	5.09	7.93
Total Non-Interest Expense	124.22	122.23	117.63	110.15	91.81	97.14
EBT Excluding Unusual Items	43.63	26.34	28.28	15.03	36.7	29.3
Other Unusual Items	-	-	-0.99	-	10.78	17.64
Pretax Income	43.63	26.34	27.29	15.03	47.48	46.94
Income Tax Expense	11.5	6.1	5.07	3.29	9.64	9.53
Earnings From Continuing Operations	32.14	20.25	22.22	11.73	37.84	37.41
Earnings From Discontinued Operations	-	-	8.78	2.65	0.86	-
Minority Interest in Earnings	0.02	-0.15	0.23	0.66	0.43	-
Net Income	32.16	20.09	31.23	15.05	39.12	37.41
Preferred Dividends & Other Adjustments	-	-	-	-	0.04	0.46
Net Income to Common	32.16	20.09	31.23	15.05	39.09	36.95
Net Income Growth	73.23%	-35.67%	107.56%	-61.54%	4.57%	38.61%
Basic Shares Outstanding	13	13	13	12	12	12
Diluted Shares Outstanding	13	13	13	13	13	12
Shares Change (YoY)	0.32%	1.07%	0.98%	2.04%	4.35%	0.36%
EPS (Basic)	2.50	1.56	2.46	1.23	3.32	3.13
EPS (Diluted)	2.45	1.53	2.40	1.17	3.10	3.06
EPS Growth	73.99%	-36.13%	105.44%	-62.36%	1.24%	39.38%
Dividend Per Share	0.680	0.680	0.680	0.680	0.510	0.360
Dividend Growth	-	-	-	33.33%	41.67%	84.61%
Effective Tax Rate	26.35%	23.15%	18.58%	21.92%	20.31%	20.30%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q