MVB Financial (MVBF) Financial Statements & Analysis

MVB Financial (MVBF) Income Statement

MVB Financial reported revenue of $124.67M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 16.1% from $148.57M a year earlier. Net income was $26.94M, up 34.1% year over year, a net margin of 21.6%. Gross margin was 155.4% and operating margin 29.6%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $49.24M, up 55.1% from the same quarter a year earlier.

MVB Financial Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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MVB Financial Corp. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	124.67	148.57	213.02	152.36	104.80	128.73	143.92	104.85	94.10
Cost of Revenue	76.65	80.19	64.61	28.35	0.00	28.21	24.75	20.15	14.47
Gross Profit	193.79	147.15	148.40	124.01	111.08	100.53	119.17	84.70	79.62
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	74.62	46.10	67.81	65.14	55.00	63.72	67.30	55.76	55.41
Operating Expenses	156.94	120.81	121.11	108.99	63.60	53.58	84.16	69.33	67.29
Operating Income	36.85	26.34	27.29	15.03	47.48	46.94	35.01	15.38	12.33
Other Income/Expense
Interest Income	175.32	185.84	189.82	125.96	83.43	80.45	82.36	69.76	56.60
Interest Expense	67.92	76.64	66.54	14.15	6.27	11.63	22.96	17.71	12.30
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	36.85	26.34	27.29	15.03	47.48	46.94	35.01	15.38	12.33
Income Tax Expense	9.93	6.10	5.07	3.29	9.64	9.53	8.45	3.37	4.76
Net Income	26.94	20.09	31.23	15.05	39.12	37.41	26.99	12.00	7.58
Net Income - Continuous Operations	26.92	20.25	31.23	15.05	37.84	37.41	26.99	12.00	7.58
Net Income - Discontinued Operations	-	-	8.78	2.65	0.86	-	-	-	-
EBITDA	2.60	3.93	32.30	20.35	51.68	50.24	38.28	18.31	15.02
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	3.27	4.58	5.00	5.32	4.60	3.29	3.26	2.94	2.69
Earnings Per Share
Basic EPS	2.00	2.00	2.00	1.00	3.00	3.00	2.00	1.00	1.00
Diluted EPS	2.00	2.00	2.00	1.00	3.00	3.00	2.00	1.00	1.00
Basic Shares Outstanding	12.78	12.89	12.69	12.06	11.78	11.82	11.71	11.03	10.31
Diluted Shares Outstanding	13.11	13.14	13.00	12.87	12.61	12.09	12.05	12.72	10.44

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About MVB Financial Financial Statements

What was MVB Financial's revenue in fiscal 2025?

MVB Financial reported revenue of $124.67M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 16.1% from $148.57M a year earlier.

Is MVB Financial profitable?

Yes. MVB Financial earned net income of $26.94M in fiscal 2025, a net margin of 21.6%. In fiscal 2024 it earned $20.09M.

What is MVB Financial's operating margin?

MVB Financial's operating income was $36.85M on revenue of $124.67M in fiscal 2025, an operating margin of 29.6%, compared with 17.7% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition