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MVB Financial Corp. MVBF CoRe Banking — Data processing and communications

Other segment segments

Financial Holding Company
$63K-55.6%
Mortgage Banking
$0

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NRIMCommunity Banking — Data processing expense
$2.84M+6.2%
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CCBCommunity Bank — Data processing and software licenses
$1.82M+30.3%
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CBNKCommercial Bank — Data processing
$545K+23.9%

Other financials

Income statement

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Revenue$36.7M+8.8%
Net income$5.2M+45.7%
EPS (diluted)$0.39+44.4%

Balance sheet

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Cash & equivalents$177.6M-29.4%
Total debt$26.1M-6.9%
Total equity$334.0M+9.3%
Total assets$3.3B+10.0%

Cash flow

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Operating cash flow-$23.3M-265%
CapEx$140.0K-46.4%
Free cash flow-$23.4M-269%

Valuation

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Market cap$366.99M+38.0%
P/E12.9×-0.9×
P/S2.2×+0.4×

Profitability

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Net margin16.7%+3.7pp
FCF margin12.8%-6.2pp

Returns & leverage

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Return on equity8.4%+1.6pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by MVB Financial Corp. in its filing.

Tagged under the XBRL concept us-gaap:CommunicationsAndInformationTechnology.

The official record: MVB Financial Corp.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MVB Financial Corp.'s core banking — data processing and communications?
MVB Financial Corp. (MVBF) reported core banking — data processing and communications of $1.29M in Q1 2026.
How has MVB Financial Corp.'s core banking — data processing and communications changed year-over-year?
MVB Financial Corp.'s core banking — data processing and communications increased by 15.7% year-over-year, from $1.11M to $1.29M.
What is the long-term trend for MVB Financial Corp.'s core banking — data processing and communications?
Over 3 years (2022 to 2025), MVB Financial Corp.'s core banking — data processing and communications has grown at a 8.8% compound annual growth rate (CAGR), from $3.68M to $4.73M.
What does core banking — data processing and communications mean?
Costs incurred for the technology infrastructure, software licensing, and network communications necessary to process banking transactions and maintain digital services. This reflects the segment's investment in digital transformation and operational connectivity.