MVB Financial Corp. MVBF CoRe Banking — Equipment depreciation and maintenance
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Where this comes from
Reported directly by MVB Financial Corp. in its filing.
Tagged under the XBRL concept us-gaap:EquipmentExpense.
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 — equipment depreciation and maintenance?
- MVB Financial Corp. (MVBF) reported core banking — equipment depreciation and maintenance of $388K in Q1 2026.
- How has MVB Financial Corp.'s core banking — equipment depreciation and maintenance changed year-over-year?
- MVB Financial Corp.'s core banking — equipment depreciation and maintenance decreased by 4.9% year-over-year, from $408K to $388K.
- What is the long-term trend for MVB Financial Corp.'s core banking — equipment depreciation and maintenance?
- Over 3 years (2022 to 2025), MVB Financial Corp.'s core banking — equipment depreciation and maintenance has grown at a -21.8% compound annual growth rate (CAGR), from $3.33M to $1.59M.
- What does core banking — equipment depreciation and maintenance mean?
- Expenses related to the wear and tear, upkeep, and periodic replacement of banking equipment, such as ATMs, computer hardware, and security systems. It represents the ongoing capital maintenance required to support banking infrastructure.