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MVB Financial Corp. MVBF CoRe Banking — Occupancy expense

Other segment segments

Financial Holding Company
$146K+306%
Mortgage Banking
$0

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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:OccupancyNet.

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 — occupancy expense?
MVB Financial Corp. (MVBF) reported core banking — occupancy expense of $1.27M in Q1 2026.
How has MVB Financial Corp.'s core banking — occupancy expense changed year-over-year?
MVB Financial Corp.'s core banking — occupancy expense decreased by 1.8% year-over-year, from $1.3M to $1.27M.
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.