MVB Financial Corp. MVBF Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Total Assets by Business | |||||
| CoRe Banking | $12.61B-4.2% | $13.16B-2.0% | $13.43B+11.1% | $12.08B+9.3% | |
| Financial Holding Company | $1.45B+0.1% | $1.45B+7.5% | $1.34B-3.5% | $1.39B+8.6% | |
| Mortgage Banking | $368.96M+28.3% | $287.59M-15.1% | $338.71M+78.0% | $190.27M-9.6% | |
| Net interest income (expense) by Business | |||||
| CoRe Banking | $110.39M-1.7% | $112.34M-11.5% | $126.99M+10.9% | $114.51M+45.0% | |
| Financial Holding Company | -$3.29M+5.6% | -$3.48M+11.7% | -$3.94M-27.7% | -$3.09M-42.1% | |
| Mortgage Banking | $413K0.0% | $413K-0.7% | $416K-3.0% | $429K+4.4% | |
| Noninterest income by Business | |||||
| CoRe Banking | $14.89M-57.8% | $35.28M+104% | $17.29M-23.8% | $22.67M-31.7% | |
| Financial Holding Company | $12.67M+9.7% | $11.55M+10.5% | $10.45M-1.2% | $10.58M-4.7% | |
| Mortgage Banking | $8.15M+465% | $1.44M+158% | -$2.49M— | —— | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | |||||
| CoRe Banking | 2,468,200,000%-2,540,200,000pp | 5,008,400,000%-562,800,000pp | 5,571,200,000%+1,456,000,000pp | 4,115,200,000%-661,800,000pp | |
| Financial Holding Company | -2,738,500,000%-599,500,000pp | -2,139,000,000%-262,500,000pp | -1,876,500,000%-162,200,000pp | -1,714,300,000%-579,600,000pp | |
| Mortgage Banking | 856,700,000%+672,700,000pp | 184,000,000%+398,200,000pp | -214,200,000%— | —— | |
| Noninterest Expense by Business | |||||
| CoRe Banking | $92.85M-2.3% | $94.99M+5.0% | $90.49M+10.6% | $81.83M+15.9% | |
| Financial Holding Company | $35.76M+25.7% | $28.45M+12.6% | $25.27M+2.6% | $24.63M+21.5% | |
| Mortgage Banking | $0-100% | $17K-76.4% | $72K-52.0% | $150K+838% | |
| Net interest income (expense) after provision for credit losses by Business | |||||
| CoRe Banking | $102.65M-6.5% | $109.8M-14.8% | $128.91M+28.5% | $100.31M+17.7% | |
| Financial Holding Company | -$4.29M+4.4% | -$4.48M-13.7% | -$3.94M-27.7% | -$3.09M-42.1% | |
| Mortgage Banking | $413K0.0% | $413K-0.7% | $416K-3.0% | $429K+4.1% | |
| Interest Income by Business | |||||
| CoRe Banking | $175M-5.7% | $185.49M-2.1% | $189.5M+51.1% | $125.43M+51.1% | |
| Financial Holding Company | $8K-11.1% | $9K-78.0% | $41K-71.9% | $146K+873% | |
| Mortgage Banking | $413K0.0% | $413K-0.7% | $416K-3.0% | $429K+4.4% | |
| Other expenses by Business | |||||
| CoRe Banking | $30.97M+15.7% | $26.78M— | —— | —— | |
| Financial Holding Company | $3.18M+32.3% | $2.41M— | —— | —— | |
| Mortgage Banking | $0-100% | $17K-73.8% | $65K-54.2% | $142K+788% | |
| Interest Expense by Business | |||||
| CoRe Banking | $64.62M-11.7% | $73.15M+17.0% | $62.51M+472% | $10.92M— | |
| Financial Holding Company | $3.3M-5.6% | $3.49M-12.3% | $3.99M+23.2% | $3.23M+47.8% | |
| Mortgage Banking | $0— | $0— | $0— | $0— | |
| Salaries and employee benefits by Business | |||||
| CoRe Banking | $42.13M+4.1% | $40.47M+8.6% | $37.27M+0.8% | $36.96M+10.0% | |
| Financial Holding Company | $24.38M+26.3% | $19.31M+13.3% | $17.04M+2.8% | $16.58M+21.0% | |
| Mortgage Banking | $0— | $0-100% | $7K-12.5% | $8K— | |
| Occupancy expense by Business | |||||
| CoRe Banking | $5.1M+31.3% | $3.88M+4.9% | $3.7M-7.5% | $4M— | |
| Financial Holding Company | $400K+170% | $148K+2.8% | $144K-5.3% | $152K— | |
| Mortgage Banking | $0— | $0— | $0— | $0— | |
| Data processing and communications by Business | |||||
| CoRe Banking | $4.73M+8.3% | $4.37M+13.8% | $3.84M+4.4% | $3.68M— | |
| Financial Holding Company | $441K-23.8% | $579K+15.6% | $501K+671% | $65K— | |
| Mortgage Banking | $0— | $0— | $0— | $0— | |
| Equity Method Investments by Business | |||||
| CoRe Banking | $0— | —— | —— | —— | |
| Financial Holding Company | $0— | —— | —— | —— | |
| Mortgage Banking | $331.17M— | —— | —— | —— | |
| Professional fees by Business | |||||
| CoRe Banking | $8.34M-52.0% | $17.38M+11.1% | $15.65M+10.7% | $14.14M— | |
| Financial Holding Company | $7.02M+25.9% | $5.58M+19.2% | $4.68M-2.3% | $4.79M— | |
| Mortgage Banking | $0— | $0— | $0— | $0— | |
| Goodwill by Business | |||||
| CoRe Banking | $0— | $0— | $0— | $0-100% | |
| Financial Holding Company | $0— | $0— | $0— | $0— | |
| Mortgage Banking | $0— | $0— | $0— | $0— | |
| CapEx by Business | |||||
| CoRe Banking | $1.66M+76.9% | $937K+2.5% | $914K— | —— | |
| Financial Holding Company | $208K+10.1% | $189K+226% | $58K-86.0% | $413K+860% | |
| Mortgage Banking | $0— | $0— | $0— | $0-100% | |
| Provision (release) of allowance for credit loss by Business | |||||
| CoRe Banking | $7.74M+185% | $2.71M+241% | -$1.92M-114% | $14.19M+326% | |
| Financial Holding Company | $1M0.0% | $1M— | $0— | $0— | |
| Mortgage Banking | $0— | $0— | $0— | $0+100% | |
| Equipment depreciation and maintenance by Business | |||||
| CoRe Banking | $1.59M-24.7% | $2.11M-26.9% | $2.89M-13.3% | $3.33M— | |
| Financial Holding Company | $337K-22.4% | $434K+11.3% | $390K-14.8% | $458K— | |
| Mortgage Banking | $0— | $0— | $0— | $0— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does MVB Financial Corp. break its business down?
- MVB Financial Corp. (MVBF) reports total assets by business across 3 parts — CoRe Banking, Financial Holding Company and Mortgage Banking. Each is extracted from the segment footnotes and tracked over time.
- Where does MVB Financial Corp.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in MVB Financial Corp.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
