MVBF
Income statement / Annual
Last year (2024), MVB Financial Corp.'s total revenue was $227.33 M,
an increase of 6.72% from the previous year.
In 2024, MVB Financial Corp.'s net income was $20.09 M.
See MVB Financial Corp.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$227.33 M |
$213.02 M |
$152.36 M |
$111.07 M |
$128.73 M |
$143.92 M |
$104.85 M |
$94.10 M |
$93.97 M |
$75.90 M |
| Cost of Revenue |
$80.19 M
|
$64.61 M
|
$28.35 M
|
-$5.00 K
|
$28.21 M
|
$24.75 M
|
$20.15 M
|
$14.47 M
|
$14.76 M
|
$11.72 M
|
| Gross Profit |
$147.15 M
|
$148.40 M
|
$124.01 M
|
$111.08 M
|
$100.53 M
|
$119.17 M
|
$84.70 M
|
$79.62 M
|
$79.21 M
|
$64.18 M
|
| Gross Profit Ratio |
0.65
|
0.7
|
0.81
|
1
|
0.78
|
0.83
|
0.81
|
0.85
|
0.84
|
0.85
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$72.12 M
|
$67.81 M
|
$65.14 M
|
$55.00 M
|
$63.72 M
|
$66.01 M
|
$54.62 M
|
$54.23 M
|
$54.21 M
|
$43.82 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$1.29 M
|
$1.14 M
|
$1.18 M
|
$1.25 M
|
$1.35 M
|
| Selling, General & Administrative Expenses |
$72.12 M
|
$67.81 M
|
$65.14 M
|
$55.00 M
|
$63.72 M
|
$67.30 M
|
$55.76 M
|
$55.41 M
|
$55.46 M
|
$45.17 M
|
| Other Expenses |
$48.68 M
|
$53.30 M
|
$43.85 M
|
$8.60 M
|
-$10.14 M
|
$16.86 M
|
$13.57 M
|
$11.88 M
|
$10.39 M
|
$9.52 M
|
| Operating Expenses |
$120.81 M
|
$121.11 M
|
$108.99 M
|
$63.60 M
|
$53.58 M
|
$84.16 M
|
$69.33 M
|
$67.29 M
|
$65.85 M
|
$54.69 M
|
| Cost And Expenses |
$200.99 M
|
$185.72 M
|
$137.33 M
|
$63.59 M
|
$81.79 M
|
$108.91 M
|
$89.47 M
|
$81.77 M
|
$80.62 M
|
$66.41 M
|
| Interest Income |
$185.84 M
|
$189.82 M
|
$125.96 M
|
$83.43 M
|
$80.45 M
|
$82.36 M
|
$69.76 M
|
$56.60 M
|
$54.12 M
|
$44.10 M
|
| Interest Expense |
$76.64 M
|
$66.54 M
|
$14.15 M
|
$6.27 M
|
$11.63 M
|
$22.96 M
|
$17.71 M
|
$12.30 M
|
$11.13 M
|
$9.23 M
|
| Depreciation & Amortization |
$3.93 M
|
$5.00 M
|
$5.32 M
|
$4.20 M
|
$3.29 M
|
$3.26 M
|
$2.94 M
|
$2.69 M
|
$3.41 M
|
$2.91 M
|
| EBITDA |
$30.28 M |
$32.30 M |
$20.35 M |
$51.68 M |
$50.24 M |
$38.28 M |
$18.31 M |
$15.02 M |
$16.76 M |
$12.40 M |
| EBITDA Ratio |
0.13
|
0.15
|
0.13
|
0.47
|
0.39
|
0.27
|
0.17
|
0.16
|
0.18
|
0.16
|
| Operating Income Ratio |
0.12
|
0.13
|
0.1
|
0.43
|
0.36
|
0.24
|
0.15
|
0.13
|
0.14
|
0.13
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$26.34 M
|
$27.29 M
|
$15.03 M
|
$47.48 M
|
$46.94 M
|
$35.01 M
|
$15.38 M
|
$12.33 M
|
$13.36 M
|
$9.49 M
|
| Income Before Tax Ratio |
0.12
|
0.13
|
0.1
|
0.43
|
0.36
|
0.24
|
0.15
|
0.13
|
0.14
|
0.13
|
| Income Tax Expense |
$6.10 M
|
$5.07 M
|
$3.29 M
|
$9.64 M
|
$9.53 M
|
$8.45 M
|
$3.37 M
|
$4.76 M
|
$4.38 M
|
$2.89 M
|
| Net Income |
$20.09 M
|
$31.23 M
|
$15.05 M
|
$39.12 M
|
$37.41 M
|
$26.99 M
|
$12.00 M
|
$7.58 M
|
$12.91 M
|
$6.82 M
|
| Net Income Ratio |
0.09
|
0.15
|
0.1
|
0.35
|
0.29
|
0.19
|
0.11
|
0.08
|
0.14
|
0.09
|
| EPS |
1.56 |
2.46 |
1.23 |
3.32 |
3.13 |
2.26 |
1.04 |
0.69 |
1.44 |
0.78 |
| EPS Diluted |
1.53 |
2.4 |
1.17 |
3.1 |
3.06 |
2.2 |
1 |
0.68 |
1.31 |
0.77 |
| Weighted Average Shares Out |
$12.89 M
|
$12.69 M
|
$12.06 M
|
$11.78 M
|
$11.82 M
|
$11.71 M
|
$11.03 M
|
$10.31 M
|
$8.21 M
|
$8.01 M
|
| Weighted Average Shares Out Diluted |
$13.14 M
|
$13.00 M
|
$12.87 M
|
$12.61 M
|
$12.09 M
|
$12.05 M
|
$12.72 M
|
$10.44 M
|
$10.07 M
|
$8.14 M
|
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