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MVB Financial Corp. MVBF CoRe Banking — Salaries and employee benefits

Other segment segments

Financial Holding Company
$6.01M+16.6%
Mortgage Banking
$0

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Other financials

Income statement

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Revenue$51.1M+51.4%
Net income$12.3M+512%
EPS (diluted)$0.93+520%

Balance sheet

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Cash & equivalents$312.6M-21.7%
Total debt$26.1M-6.9%
Total equity$334.0M+9.3%
Total assets$3.5B+10.0%

Cash flow

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Operating cash flow-$23.3M-265%
CapEx$329.0K+72.3%
Free cash flow-$23.4M-269%

Valuation

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Market cap$386.56M+30.8%
P/E10×-7.3×
P/S2.1×0.0×

Profitability

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Net margin20.6%+9.0pp
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:LaborAndRelatedExpense.

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, 2026Co Re BankingMortgage BankingFinancial Holding CompanyOtherIntercompany EliminationsConsolidated
Net interest income (expense) after provision for credit losses28,195103(701)27,597
Noninterest income17,0831,8333,600210(3,930)18,796
Noninterest Expenses:
Salaries and employee benefits11,4986,00813517,641
Occupancy expense1,313146(146)1,313
Equipment depreciation and maintenance39811378589
Data processing and communications1,3558021,437
Professional fees1,3681,557(210)2,715

Item 1 – Financial Statements

FAQ

What is MVB Financial Corp.'s core banking — salaries and employee benefits?
MVB Financial Corp. (MVBF) reported core banking — salaries and employee benefits of $11.5M in Q2 2026.
How has MVB Financial Corp.'s core banking — salaries and employee benefits changed year-over-year?
MVB Financial Corp.'s core banking — salaries and employee benefits increased by 23.0% year-over-year, from $9.35M to $11.5M.
What is the long-term trend for MVB Financial Corp.'s core banking — salaries and employee benefits?
Over 4 years (2021 to 2025), MVB Financial Corp.'s core banking — salaries and employee benefits has grown at a 5.8% compound annual growth rate (CAGR), from $33.6M to $42.13M.
What does core banking — salaries and employee benefits mean?
The total compensation costs, including wages, bonuses, and benefits, for personnel dedicated to the banking segment. This is typically the largest component of noninterest expense and reflects the human capital investment required to support operations.

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