MVB Financial Corp income statement
In fiscal 2025, MVB Financial Corp reported revenue of $168m, up 10.2% on the year before and net income of $26.9m, or $2.06 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13 | 18 | 25 | 50 | 51 | 70 | 86 | 85 | 91 | 124 | 161 | 133 | 139 | 143 | 152 | 168 | 188 |
| Research and development | — | — | — | — | — | — | — | — | — | — | — | — | — | 3 | 4 | 5 | 6 |
| Interest expense | 5 | 5 | 5 | 5 | 8 | 9 | 11 | 12 | 18 | 23 | 12 | 6 | 14 | 67 | — | — | — |
| Net interest income | 11 | 14 | 17 | 22 | 29 | 35 | 43 | 44 | 52 | 59 | 69 | 77 | 112 | 123 | 109 | 107 | 116 |
| Non-interest income | 2 | 4 | 8 | 28 | 22 | 35 | 43 | 41 | 39 | 65 | 92 | 56 | 28 | 20 | 43 | 60 | 72 |
| Non-interest expense | 9 | 12 | 16 | 43 | 45 | 58 | 69 | 71 | 73 | 87 | 97 | 92 | 110 | 118 | 122 | 122 | 123 |
| Provision for credit losses | 1 | 2 | 3 | 2 | 3 | 2 | 4 | 2 | 2 | 2 | 17 | −6 | 14 | −2 | 4 | 9 | 13 |
| Income before tax | 3 | 4 | 6 | 5 | 3 | 9 | 13 | 12 | 15 | 35 | 47 | 47 | 15 | 27 | 26 | 37 | 52 |
| Income tax | 1 | 1 | 2 | 1 | 0 | 3 | 4 | 5 | 3 | 8 | 10 | 10 | 3 | 5 | 6 | 10 | 13 |
| Net income | 2 | 3 | 4 | 4 | 2 | 7 | 13 | 8 | 12 | 27 | 37 | 39 | 15 | 31 | 20 | 27 | 39 |
| Diluted EPS | $0.34 | $0.60 | $0.45 | $0.57 | $0.22 | $0.77 | $1.31 | $0.68 | $1.00 | $2.20 | $3.06 | $3.10 | $1.17 | $2.40 | $1.53 | $2.06 | $2.96 |
| Diluted shares (average) | 7m | 9m | 9m | 7m | 8m | 8m | 10m | 10m | 13m | 12m | 12m | 13m | 13m | 13m | 13m | 13m | 13m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 33 | 46 | 34 | 34 | 61 | 39 | 37 | 51 |
| Research and development | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Net interest income | 27 | 25 | 27 | 26 | 27 | 28 | 28 | 32 |
| Non-interest income | 7 | 21 | 7 | 8 | 35 | 11 | 8 | 19 |
| Non-interest expense | 29 | 34 | 29 | 29 | 33 | 31 | 28 | 30 |
| Provision for credit losses | 1 | 0 | 0 | 2 | 4 | 2 | 2 | 5 |
| Income before tax | 3 | 12 | 5 | 3 | 23 | 5 | 7 | 16 |
| Income tax | 1 | 3 | 1 | 1 | 6 | 1 | 2 | 4 |
| Net income | 2 | 9 | 4 | 2 | 17 | 4 | 5 | 12 |
| Diluted EPS | $0.16 | $0.72 | $0.27 | $0.15 | $1.32 | $0.32 | $0.39 | $0.93 |
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