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MVB Financial Corp. MVBF CoRe Banking — Occupancy expense
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Where this comes from
Reported directly by MVB Financial Corp. in its filing.
Tagged under the XBRL concept us-gaap:OccupancyNet.
The source filing: MVB Financial Corp.’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 4:43 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001277902-26-000084
| Three Months Ended June 30, 2026 | Co Re Banking | Mortgage Banking | Financial Holding Company | Other | Intercompany Eliminations | Consolidated |
|---|---|---|---|---|---|---|
| Noninterest income | 17,083 | 1,833 | 3,600 | 210 | (3,930) | 18,796 |
| Noninterest Expenses: | ||||||
| Salaries and employee benefits | 11,498 | — | 6,008 | 135 | — | 17,641 |
| Occupancy expense | 1,313 | — | 146 | — | (146) | 1,313 |
| Equipment depreciation and maintenance | 398 | — | 113 | 78 | — | 589 |
| Data processing and communications | 1,355 | — | 80 | 2 | — | 1,437 |
| Professional fees | 1,368 | — | 1,557 | — | (210) | 2,715 |
| Other expenses1 | 9,118 | (8) | 1,066 | 113 | (3,574) | 6,715 |
Item 1 – Financial Statements
FAQ
- What is MVB Financial Corp.'s core banking — occupancy expense?
- MVB Financial Corp. (MVBF) reported core banking — occupancy expense of $1.31M in Q2 2026.
- How has MVB Financial Corp.'s core banking — occupancy expense changed year-over-year?
- MVB Financial Corp.'s core banking — occupancy expense increased by 1.1% year-over-year, from $1.3M to $1.31M.
- What is the long-term trend for MVB Financial Corp.'s core banking — occupancy expense?
- Over 3 years (2022 to 2025), MVB Financial Corp.'s core banking — occupancy expense has grown at a 8.4% compound annual growth rate (CAGR), from $4M to $5.1M.
- What does core banking — occupancy expense mean?
- Costs associated with maintaining physical branch locations and office space for the banking segment, including rent, utilities, and property taxes. It measures the overhead burden of the bank's physical footprint.
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