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MVB Financial Corp. MVBF Financial Holding Company — Data processing and communications
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Where this comes from
Reported directly by MVB Financial Corp. in its filing.
Tagged under the XBRL concept us-gaap:CommunicationsAndInformationTechnology.
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 |
|---|---|---|---|---|---|---|
| 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 |
| 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 |
Item 1 – Financial Statements
FAQ
- What is MVB Financial Corp.'s financial holding company — data processing and communications?
- MVB Financial Corp. (MVBF) reported financial holding company — data processing and communications of $80K in Q2 2026.
- How has MVB Financial Corp.'s financial holding company — data processing and communications changed year-over-year?
- MVB Financial Corp.'s financial holding company — data processing and communications decreased by 33.3% year-over-year, from $120K to $80K.
- What is the long-term trend for MVB Financial Corp.'s financial holding company — data processing and communications?
- Over 3 years (2022 to 2025), MVB Financial Corp.'s financial holding company — data processing and communications has grown at a 89.3% compound annual growth rate (CAGR), from $65K to $441K.
- What does financial holding company — data processing and communications mean?
- Costs incurred for technology services, software licensing, network infrastructure, and telecommunications necessary to support the financial holding company segment's operations. This reflects the segment's investment in digital capabilities and operational connectivity.
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