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MVB Financial Corp. MVBF Mortgage Banking — Goodwill

Other segment segments

CoRe Banking
$0
Financial Holding Company
$0

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Other financials

Income statement

See full
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:Goodwill.

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
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
Total assets as of June 30, 20263,466,092100,238358,855890(380,222)3,545,853
Total assets as of December 31, 20253,270,95896,363377,11477,677(513,194)3,308,918
Goodwill as of June 30, 20261,2001,200
Goodwill as of December 31, 20251,2001,200
Investment in equity method investees as of June 30, 202690,19590,195
Investment in equity method investees as of December 31, 202586,82386,823

Item 1 – Financial Statements

FAQ

What is MVB Financial Corp.'s mortgage banking — goodwill?
MVB Financial Corp. (MVBF) reported mortgage banking — goodwill of $0 in Q2 2026.
What does mortgage banking — goodwill mean?
Represents the intangible asset value recorded when the mortgage banking segment was acquired for a price exceeding the fair value of its net identifiable assets. It reflects the premium paid for market share, brand, or synergies within the mortgage sector.

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