What does mortgage banking — occupancy expense mean?

This metric tracks the costs associated with the physical facilities and office space used by the mortgage banking segment. It includes expenses such as rent, utilities, and property maintenance required to support segment operations.

MVB Financial Corp. MVBF Mortgage Banking — Occupancy expense

Other segment segments

CoRe Banking

$1.27M-1.8%

Financial Holding Company

$146K+306%

Similar metrics at other companies

NRIMHome Mortgage Lending — Occupancy expense

$468K+6.8%

WSBFMortgage Banking — Occupancy Net

$863K+1.2%

FBPMortgage Banking — Occupancy Net

$1.38M-9.2%

PFSIMortgage Banking Lending Sector — Occupancy And Equipment

$5.33M+29.2%

WSBFMortgage Banking — Noninterest Expense

$19.33M+6.6%

FCCOMortgage Banking1 — Interest Expense

$719K+7.8%

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 mortgage banking — occupancy expense?: MVB Financial Corp. (MVBF) reported mortgage banking — occupancy expense of $0 in Q1 2026.
What does mortgage banking — occupancy expense mean?: This metric tracks the costs associated with the physical facilities and office space used by the mortgage banking segment. It includes expenses such as rent, utilities, and property maintenance required to support segment operations.