MVB Financial Corp. (MVBF)

MVB Financial Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	149.68	144.92	125.17	139.29	144.08	122.22
Revenue Growth (YoY)	18.28%	15.77%	-10.13%	-3.33%	17.89%	38.48%
Gross Profit	149.68	144.92	125.17	139.29	144.08	122.22
Selling, General & Admin	99.66	97.12	93.28	80.09	83.45	75.46
Other Operating Expenses	19.84	20.51	16.87	11.72	13.7	11.75
Operating Expenses	119.5	117.63	110.15	91.81	97.14	87.2
Operating Income	30.18	27.29	15.03	47.48	46.94	35.01
Other Expense / Income	-3.13	-12.06	-4.15	-1.52	-	-0.43
Pretax Income	33.31	39.35	19.18	49	46.94	35.44
Income Tax	8.94	8.12	4.13	9.88	9.53	8.45
Net Income	24.37	31.23	15.05	39.12	37.41	26.99
Preferred Dividends	0	0	0	0.04	0.46	0.48
Net Income Common	24.37	31.23	15.05	39.09	36.95	26.51
Net Income Growth	3.60%	107.56%	-61.50%	5.78%	39.37%	130.26%
Shares Outstanding (Basic)	13	13	12	12	12	12
Shares Outstanding (Diluted)	13	13	13	13	12	12
Shares Change	0.79%	0.98%	2.04%	4.35%	0.36%	-5.32%
EPS (Basic)	1.91	2.46	1.23	3.32	3.13	2.26
EPS (Diluted)	1.87	2.40	1.17	3.10	3.06	2.20
EPS Growth	2.75%	105.13%	-62.26%	1.31%	39.09%	120.00%
Free Cash Flow	36.37	56.32	4.31	29.95	105.62	-10.1
Free Cash Flow Per Share	2.84	4.44	0.35	2.54	8.94	-0.86
Dividend Per Share	0.680	0.680	0.680	0.510	0.360	0.195
Dividend Growth	0%	0%	33.33%	41.67%	84.62%	77.27%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	20.16%	18.83%	12.01%	34.09%	32.58%	28.65%
Profit Margin	16.28%	21.55%	12.02%	28.06%	25.64%	21.69%
Free Cash Flow Margin	24.30%	38.86%	3.44%	21.50%	73.30%	-8.27%
Effective Tax Rate	26.83%	20.63%	21.53%	20.17%	20.31%	23.84%
EBITDA	37.99	44.35	24.5	53.2	50.24	38.71
EBITDA Margin	25.38%	30.61%	19.57%	38.20%	34.87%	31.67%
Depreciation & Amortization	4.68	5	5.32	4.2	3.29	3.27
EBIT	33.31	39.35	19.18	49	46.94	35.44
EBIT Margin	22.25%	27.15%	15.32%	35.18%	32.58%	29.00%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).