MVB Financial Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	153.5	146.37	156.34	163.2	120.82	80.52
Interest Income on Investments	29.57	28.96	29.51	26.62	5.13	2.91
Total Interest Income	183.07	175.32	185.84	189.82	125.96	83.43
Interest Paid on Deposits	63.96	64.49	73.11	61.66	10.48	3.98
Interest Paid on Borrowings	3.43	3.42	3.54	4.88	3.68	2.29
Total Interest Expense	67.39	67.92	76.64	66.54	14.15	6.27
Net Interest Income	115.68	107.41	109.2	123.28	111.8	77.16
Net Interest Income Growth	11.29%	-1.64%	-11.43%	10.27%	44.90%	12.11%
Gain (Loss) on Sale of Assets	33.55	33.8	11.7	-1.1	4.98	-
Gain (Loss) on Sale of Investments	8.75	-3.66	1.95	-1.66	0.93	7.66
Gain (Loss) on Sale of Equity Investments	8.99	8.15	1.42	-2.5	-0.71	17.43
Other Non-Interest Income	20.38	21.47	26.81	25.6	20.72	15.81
Total Non-Interest Income	71.66	59.61	42.91	19.6	27.57	45.07
Non-Interest Income Growth	67.09%	38.91%	118.93%	-28.89%	-38.84%	-39.26%
Revenues Before Loan Losses	187.34	167.02	152.11	142.88	139.37	122.23
Provision for Loan Losses	13.1	8.74	3.54	-1.92	14.19	-6.28
Revenue	174.24	158.28	148.57	144.81	125.17	128.5
Revenue Growth	21.53%	6.54%	2.60%	15.68%	-2.59%	1.63%
Salaries and Employee Benefits	68.88	67.18	65.04	60.71	59.32	49.76
Federal Deposit Insurance	3.73	3.64	4.17	4.44	2.61	2.03
Selling, General & Administrative	39.37	40.67	44.84	41.96	39.46	34.93
Other Non-Interest Expense	11.35	10.59	8.17	10.51	8.77	5.09
Total Non-Interest Expense	123.34	122.09	122.23	117.63	110.15	91.81
EBT Excluding Unusual Items	50.9	36.2	26.34	27.18	15.03	36.7
Other Unusual Items	0.65	0.65	-	0.11	-	10.78
Pretax Income	51.56	36.85	26.34	27.29	15.03	47.48
Income Tax Expense	12.76	9.93	6.1	5.07	3.29	9.64
Earnings From Continuing Operations	38.8	26.92	20.25	22.22	11.73	37.84
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	38.8	26.94	20.09	31.23	15.05	39.12
Preferred Dividends & Other Adjustments	-	-	-	-	-	0.04
Net Income to Common	38.8	26.94	20.09	31.23	15.05	39.09
Net Income Growth	126.89%	34.09%	-35.67%	107.56%	-61.50%	5.78%
Basic Shares Outstanding	13	13	13	13	12	12
Diluted Shares Outstanding	13	13	13	13	13	13
Shares Change	-0.45%	-0.24%	1.07%	0.98%	2.04%	4.35%
EPS (Basic)	3.05	2.11	1.56	2.46	1.23	3.32
EPS (Diluted)	2.96	2.06	1.53	2.40	1.17	3.10
EPS Growth	129.70%	34.64%	-36.13%	105.44%	-62.36%	1.24%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.680	0.680	0.680	0.680	0.680	0.510
Dividend Growth	0%	0%	0%	0%	33.33%	41.67%
Effective Tax Rate	24.75%	26.94%	23.15%	18.58%	21.92%	20.31%

SEC Filings: 10-K · 10-Q