MVBF
Income statement / Annual
Last year (2023), MVB Financial Corp.'s total revenue was $144.81 M,
a decrease of 3.53% from the previous year.
In 2023, MVB Financial Corp.'s net income was $19.43 M.
See MVB Financial Corp.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
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 |
12/31/2014 |
| Operating Revenue |
$144.81 M
|
$150.10 M
|
$139.76 M
|
$160.66 M
|
$124.00 M
|
$90.69 M
|
$85.00 M
|
$82.84 M
|
$71.41 M
|
$51.16 M
|
| Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$3.55 M |
$3.21 M |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$144.81 M |
$150.10 M |
$139.76 M |
$160.66 M |
$124.00 M |
$87.14 M |
$81.80 M |
$82.84 M |
$71.41 M |
$51.16 M |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
0.96 |
0.96 |
1 |
1 |
1 |
| 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 |
$23.22 M
|
$72.16 M
|
$60.21 M
|
$61.63 M
|
$56.18 M
|
$55.38 M
|
$54.23 M
|
$54.21 M
|
$47.80 M
|
$34.69 M
|
| Selling & Marketing
Expenses |
$79.46 M
|
$0.00
|
$525,000.00
|
$1.10 M
|
$1.29 M
|
$1.14 M
|
$1.18 M
|
$1.25 M
|
$1.38 M
|
$1.44 M
|
| Selling, General &
Administrative Expenses |
$102.68 M
|
$72.16 M
|
$60.21 M
|
$61.63 M
|
$56.18 M
|
$56.52 M
|
$55.41 M
|
$55.46 M
|
$49.18 M
|
$36.13 M
|
| Other Expenses |
$0.00 |
-$194.25 M |
-$150.96 M |
-$175.35 M |
-$144.74 M |
-$110.58 M |
-$128.23 M |
-$129.33 M |
-$101.52 M |
-$77.22 M |
| Operating Expenses |
$146.48 M |
-$122.09 M |
-$90.75 M |
-$113.72 M |
-$88.56 M |
-$54.06 M |
-$72.82 M |
-$73.86 M |
-$52.34 M |
-$41.10 M |
| Cost And Expenses |
$102.68 M |
-$122.09 M |
-$90.75 M |
-$113.72 M |
-$88.56 M |
-$54.06 M |
-$69.61 M |
-$73.86 M |
-$52.34 M |
-$41.10 M |
| Interest Income |
$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 |
$36.41 M |
| Interest Expense |
$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 |
$8.08 M |
| Depreciation &
Amortization |
$5.00 M
|
$5.32 M
|
$4.20 M
|
$3.36 M
|
$3.26 M
|
$2.94 M
|
$2.69 M
|
$3.41 M
|
$2.91 M
|
$1.25 M
|
| EBITDA |
$0.00
|
$20.35 M
|
$52.78 M
|
$50.24 M
|
$38.28 M
|
$18.31 M
|
$15.02 M
|
$16.76 M
|
$11.21 M
|
$0.00
|
| EBITDA Ratio |
0 |
0.22 |
0.38 |
0.31 |
0.31 |
0.4 |
0.32 |
0.38 |
0.31 |
0.22 |
| Operating Income Ratio
|
0.21
|
0.19
|
0.35
|
0.29
|
0.29
|
0.36
|
0.11
|
0.11
|
0.27
|
0.2
|
| Total Other
Income/Expenses Net |
-$3.49 M
|
-$11.37 M
|
$4.76 M
|
$7.62 M
|
-$8.11 M
|
-$7.93 M
|
-$6.31 M
|
-$6.42 M
|
-$6.13 M
|
$0.00
|
| Income Before Tax |
$27.29 M |
$18.52 M |
$48.58 M |
$46.94 M |
$35.01 M |
$15.38 M |
$12.33 M |
$13.36 M |
$9.84 M |
$1.98 M |
| Income Before Tax Ratio
|
0.19
|
0.12
|
0.35
|
0.29
|
0.28
|
0.17
|
0.15
|
0.16
|
0.14
|
0.04
|
| Income Tax Expense |
$5.07 M |
$4.13 M |
$9.88 M |
$9.53 M |
$8.45 M |
$3.37 M |
$4.76 M |
$4.38 M |
$3.03 M |
-$96,000.00 |
| Net Income |
$19.43 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 |
$2.08 M |
| Net Income Ratio |
0.13 |
0.1 |
0.28 |
0.23 |
0.22 |
0.13 |
0.09 |
0.16 |
0.1 |
0.04 |
| EPS |
2.46 |
1.23 |
3.32 |
3.13 |
2.3 |
0.94 |
0.69 |
1.44 |
0.78 |
0.22 |
| EPS Diluted |
2.4 |
1.17 |
3.1 |
3.06 |
2.24 |
0.94 |
0.68 |
1.31 |
0.77 |
0.22 |
| Weighted Average Shares
Out |
$12.69 M
|
$12.28 M
|
$11.78 M
|
$11.82 M
|
$11.71 M
|
$12.72 M
|
$10.31 M
|
$8.21 M
|
$8.01 M
|
$7.94 M
|
| Weighted Average Shares
Out Diluted |
$13.00 M
|
$12.87 M
|
$12.61 M
|
$12.09 M
|
$12.04 M
|
$12.72 M
|
$10.44 M
|
$10.07 M
|
$8.14 M
|
$8.14 M
|
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