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MVB Financial Corp. MVBF CoRe Banking — Professional fees
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Where this comes from
Reported directly by MVB Financial Corp. in its filing.
Tagged under the XBRL concept us-gaap:ProfessionalFees.
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 |
|---|---|---|---|---|---|---|
| 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 |
| Total noninterest expenses | 25,050 | (8) | 8,970 | 328 | (3,930) | 30,410 |
| Operating income (loss) | $20,228 | $1,944 | $(6,071) | $(118) | — | $15,983 |
| Capital expenditures for the three months ended June 30, 2026 | $204 | — | $125 | — | — | $329 |
Item 1 – Financial Statements
FAQ
- What is MVB Financial Corp.'s core banking — professional fees?
- MVB Financial Corp. (MVBF) reported core banking — professional fees of $1.37M in Q2 2026.
- How has MVB Financial Corp.'s core banking — professional fees changed year-over-year?
- MVB Financial Corp.'s core banking — professional fees decreased by 41.7% year-over-year, from $2.35M to $1.37M.
- What is the long-term trend for MVB Financial Corp.'s core banking — professional fees?
- Over 3 years (2022 to 2025), MVB Financial Corp.'s core banking — professional fees has grown at a -16.1% compound annual growth rate (CAGR), from $14.14M to $8.34M.
- What does core banking — professional fees mean?
- Represents the costs incurred by the banking segment for external advisory, legal, accounting, and consulting services. These expenses reflect the segment's reliance on third-party expertise to support operational, regulatory, and strategic initiatives.
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