MVB Financial Corp. (MVBF) Balance Sheet
MVBF balance sheet, 2025
December 31, 2025 · U.S. dollars$3.31B assets = $2.97B liabilities + $334.0M equity
Both columns are drawn to the same scale: what MVBF owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MVBF financial health
Descriptive bands, not a rating. Fiscal 2025.
MVBF balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.42B2016 | $3.31B2025 | +9.9%/yr | |
| Total liabilities | $1.27B2016 | $2.97B2025 | +9.9%/yr | |
| Shareholders’ equity | $145.6M2016 | $334.0M2025 | +9.7%/yr | |
| Cash & short-term investments | $194.2M2016 | $249.9M2025 | +2.8%/yr | |
| Total debt | $149.6M2016 | $77.4M2025 | −7.1%/yr | |
| Net cash (debt) | $44.6M2016 | $172.5M2025 | +$127.9M | |
| Working capital | −$931.1M2016 | −$2.60B2025 | −$1.7B | |
| Book value per share | $14.462016 | $25.482025 | +6.5%/yr | |
| Debt / equity | 1.032016 | 0.232025 | −0.80 | |
| Shares outstanding | 10.1M2016 | 13.1M2025 | +3.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MVBF assets
MVBF liabilities and equity
MVBF debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MVBF balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $249.9M | $729.6M | $743.5M | $420.1M | $731.6M | $686.3M | $276.4M | $258.6M | $266.6M | $194.2M |
| Cash & equivalents | $244.1M | $317.9M | $398.2M | $40.3M | $310.2M | $275.7M | $40.6M | $37.0M | $35.1M | $31.9M |
| Short-term investments | $5.7M | $411.6M | $345.3M | $379.8M | $421.5M | $410.6M | $235.8M | $221.6M | $231.5M | $162.4M |
| Receivables | $2.32B | $2.08B | $2.30B | $89.3M | $63.2M | $69.9M | $49.7M | $33.7M | $26.4M | $23.4M |
| Inventory | $0 | $0 | −$1.90B | −$54.1M | −$320.3M | −$289.2M | −$96.4M | $2.1M | $1.3M | $414,000 |
| Other current assets | $0 | $0 | $0 | $54.1M | $320.3M | $289.2M | $96.4M | $0 | $962.7M | $0 |
| Total current assets | $249.9M | $729.6M | $743.5M | $509.4M | $794.8M | $756.2M | $326.0M | $292.3M | $1.26B | $217.6M |
| Property, plant & equipment (net) | $10.4M | $39.4M | $20.9M | $23.7M | $25.1M | $26.2M | $22.0M | $26.5M | $26.7M | $25.1M |
| Goodwill & intangible assets | $0 | $1.4M | $3.2M | $4.5M | $6.3M | $4.8M | $23.1M | $19.0M | $19.1M | $19.2M |
| Long-term investments | $548.0M | $532.5M | $462.1M | $418.6M | $453.9M | $458.2M | $254.3M | $231.2M | $231.5M | $162.4M |
| Other non-current assets | $2.50B | $1.83B | $2.08B | $2.10B | $1.51B | $1.09B | $1.32B | $1.18B | $0 | $994.5M |
| Total assets | $3.31B | $3.13B | $3.31B | $3.06B | $2.79B | $2.33B | $1.94B | $1.75B | $1.53B | $1.42B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $41.6M | $55.1M | $55.9M | $41.7M | $17.7M | $16.4M | $16.6M |
| Short-term debt | $3.3M | $2.8M | $4.8M | $10.0M | $13.4M | $12.0M | $10.2M | $14.9M | $173.9M | $25.2M |
| Deferred revenue | — | — | — | $29.9M | $41.8M | $44.0M | $29.5M | $996,000 | −$157.5M | −$10.5M |
| Total current liabilities | $2.85B | $2.70B | $2.91B | $2.62B | $55.1M | $55.9M | $1.32B | $1.34B | $16.4M | $1.15B |
| Long-term debt | $74.0M | $73.8M | $80.3M | $83.1M | $73.0M | $43.4M | $4.1M | $17.5M | $33.5M | $33.5M |
| Other long-term liabilities | $55.5M | $52.8M | $37.9M | $102.3M | $0 | $0 | $411.2M | $214.9M | $152.2M | $90.9M |
| Total liabilities | $2.97B | $2.82B | $3.02B | $2.79B | $2.51B | $2.09B | $1.73B | $1.57B | $1.38B | $1.27B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $14.0M | $13.8M | $13.6M | $13.5M | $12.9M | $12.4M | $12.0M | $11.7M | $10.5M | $10.0M |
| Retained earnings (deficit) | $190.4M | $172.2M | $160.9M | $144.9M | $138.2M | $105.2M | $72.5M | $48.3M | $37.2M | $31.2M |
| Treasury stock | — | — | — | −$16.7M | −$16.7M | −$16.7M | −$1.1M | −$1.1M | −$1.1M | −$1.1M |
| Accumulated other comprehensive income | −$13.9M | −$28.2M | −$28.8M | −$37.7M | −$3.6M | $2.2M | −$1.3M | −$6.8M | −$3.0M | −$4.3M |
| Minority interest | $0 | $112,000 | −$42,000 | $307,000 | $975,000 | — | — | — | — | — |
| Total shareholders' equity | $334.0M | $305.7M | $289.4M | $261.4M | $276.3M | $239.5M | $211.9M | $176.8M | $150.2M | $145.6M |
| Key figures | ||||||||||
| Total debt | $77.4M | $76.5M | $85.1M | $195.4M | $86.4M | $55.4M | $237.2M | $247.3M | $207.4M | $149.6M |
| Net cash (debt) | $172.5M | $653.0M | $658.4M | $224.7M | $645.2M | $630.9M | $39.2M | $11.3M | $59.2M | $44.6M |
| Working capital | −$2.60B | −$1.97B | −$2.16B | −$2.11B | $739.7M | $700.3M | −$990.9M | −$1.05B | $1.24B | −$931.1M |
| Tangible book value | $334.0M | $304.3M | $286.2M | $256.9M | $270.0M | $234.7M | $188.8M | $157.7M | $131.1M | $126.4M |
| Book value per share | $25.48 | $23.27 | $22.27 | $20.31 | $21.90 | $19.81 | $17.60 | $13.90 | $14.39 | $14.46 |
| Shares outstanding | 13.1M | 13.1M | 13.0M | 12.9M | 12.6M | 12.1M | 12.0M | 12.7M | 10.4M | 10.1M |
| Current ratio | 0.09 | 0.27 | 0.26 | 0.19 | 14.42 | 13.52 | 0.25 | 0.22 | 76.49 | 0.19 |
| Quick ratio | 0.90 | 1.04 | 1.05 | 0.19 | 14.42 | 13.52 | 0.25 | 0.22 | 17.83 | 0.19 |
| Debt / equity | 0.23 | 0.25 | 0.29 | 0.75 | 0.31 | 0.23 | 1.12 | 1.40 | 1.38 | 1.03 |
| Equity / assets | 10.1% | 9.8% | 8.7% | 8.6% | 9.9% | 10.3% | 10.9% | 10.1% | 9.8% | 10.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $312.6M | $9.4M | $249.9M | $624.8M | $795.9M | $671.1M | $729.6M | $985.7M | $816.8M | $990.1M | $743.5M | $898.6M |
| Cash & equivalents | $312.6M | $9.4M | $244.1M | $300.0M | $399.4M | $251.4M | $317.9M | $610.9M | $455.5M | $640.4M | $398.2M | $587.1M |
| Short-term investments | $429.6M | $421.7M | $5.7M | $324.7M | $396.6M | $419.6M | $411.6M | $374.8M | $361.3M | $349.7M | $345.3M | $311.5M |
| Receivables | $17.5M | $17.1M | $2.32B | $2.24B | $2.13B | $2.04B | $0 | $2.15B | $2.18B | $2.24B | $2.30B | $2.25B |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$626.2M | −$2.64B | −$2.88B | −$1.90B | −$2.85B |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $455.5M | $640.4M | $0 | $602.7M |
| Total current assets | $312.6M | $26.4M | $249.9M | $624.8M | $795.9M | $671.1M | $729.6M | $985.7M | $816.8M | $990.1M | $743.5M | $898.6M |
| Property, plant & equipment (net) | $9.9M | $10.1M | $10.4M | $10.4M | $10.9M | $11.5M | $39.4M | $18.8M | $19.5M | $20.0M | $20.9M | $21.5M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $1.4M | $0 | $0 | $2.8M | $3.2M | $2.8M |
| Long-term investments | $582.3M | $562.0M | $548.0M | $452.8M | $521.9M | $542.9M | $532.5M | $493.8M | $478.4M | $466.9M | $462.1M | $352.4M |
| Other non-current assets | $2.64B | $2.72B | $2.50B | $2.15B | $1.90B | $1.79B | $1.83B | $1.92B | $1.97B | $2.07B | $2.08B | $2.16B |
| Total assets | $3.55B | $3.32B | $3.31B | $3.23B | $3.22B | $3.02B | $3.13B | $3.42B | $3.29B | $3.55B | $3.31B | $3.44B |
| Liabilities | ||||||||||||
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | $40.9M |
| Short-term debt | $3.7M | $4.4M | $3.3M | $3.0M | $3.0M | $4.0M | $2.8M | $4.8M | $2.4M | $3.8M | $4.8M | $4.5M |
| Deferred revenue | — | — | — | — | — | — | — | — | — | — | — | $36.0M |
| Total current liabilities | $3.7M | $4.4M | $2.85B | $2.78B | $2.81B | $2.59B | $2.70B | $3.01B | $2.89B | $3.15B | $2.91B | $3.08B |
| Long-term debt | $34.1M | $34.0M | $74.0M | $74.0M | $73.9M | $73.8M | $73.8M | $73.7M | $73.7M | $80.2M | $80.3M | $82.0M |
| Other long-term liabilities | $3.17B | $2.95B | $55.5M | $52.2M | $40.3M | $47.9M | $52.8M | $35.4M | $32.5M | $26.3M | $37.9M | $0 |
| Total liabilities | $3.20B | $2.99B | $2.97B | $2.91B | $2.92B | $2.71B | $2.82B | $3.12B | $2.99B | $3.26B | $3.02B | $3.17B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $14.3M | $14.2M | $14.0M | $13.9M | $13.9M | $13.8M | $13.8M | $13.8M | $13.8M | $13.7M | $13.6M | $13.6M |
| Retained earnings (deficit) | $203.5M | $193.4M | $190.4M | $188.3M | $173.3M | $173.6M | $172.2M | $165.0M | $165.1M | $163.2M | $160.9M | $155.1M |
| Accumulated other comprehensive income | −$18.0M | −$18.1M | −$13.9M | −$15.2M | −$27.9M | −$26.1M | −$28.2M | −$22.5M | −$28.4M | −$30.8M | −$28.8M | −$40.3M |
| Minority interest | $0 | $0 | $0 | $0 | $0 | — | — | — | — | — | — | — |
| Total shareholders' equity | $344.5M | $334.9M | $334.0M | $327.8M | $302.3M | $310.1M | $305.7M | $303.1M | $296.6M | $291.9M | $289.4M | $271.4M |
| Key figures | ||||||||||||
| Total debt | $57.8M | $58.5M | $77.4M | $77.0M | $76.9M | $77.9M | $76.5M | $78.5M | $76.0M | $84.0M | $85.1M | $86.5M |
| Net cash (debt) | $254.8M | −$49.1M | $172.5M | $547.8M | $719.0M | $593.2M | $653.0M | $907.3M | $740.7M | $906.1M | $658.4M | $812.2M |
| Working capital | $308.9M | $22.0M | −$2.60B | −$2.15B | −$2.01B | −$1.92B | −$1.97B | −$2.02B | −$2.07B | −$2.16B | −$2.16B | −$2.19B |
| Tangible book value | $344.5M | $334.9M | $334.0M | $327.8M | $302.3M | $310.1M | $304.3M | $303.1M | $296.6M | $289.0M | $286.2M | $268.5M |
| Book value per share | $26.13 | $25.39 | $25.53 | $25.19 | $23.04 | $23.52 | $23.17 | $23.02 | $22.74 | $22.25 | $22.22 | $20.69 |
| Shares outstanding | 13.2M | 13.2M | 13.1M | 13.0M | 13.1M | 13.2M | 13.2M | 13.2M | 13.0M | 13.1M | 13.0M | 13.1M |
| Current ratio | 84.28 | 5.97 | 0.09 | 0.22 | 0.28 | 0.26 | 0.27 | 0.33 | 0.28 | 0.31 | 0.26 | 0.29 |
| Quick ratio | 88.99 | 5.97 | 0.90 | 1.03 | 1.04 | 1.05 | 0.27 | 1.04 | 1.04 | 1.03 | 1.05 | 1.02 |
| Debt / equity | 0.17 | 0.17 | 0.23 | 0.23 | 0.25 | 0.25 | 0.25 | 0.26 | 0.26 | 0.29 | 0.29 | 0.32 |
| Equity / assets | 9.7% | 10.1% | 10.1% | 10.1% | 9.4% | 10.3% | 9.8% | 8.9% | 9.0% | 8.2% | 8.7% | 7.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 12, 2026); data from EODHD.
MVBF financial position
At the end of fiscal 2025 (December 31, 2025), MVB Financial had total assets of $3.3 billion (up 5.8% from a year earlier), total liabilities of $3.0 billion and shareholders' equity of $334.0 million. It held $249.9 million in cash and short-term investments against $77.4 million of debt, a net cash position of $172.5 million. Its current ratio was 0.09. In the latest quarter (ended June 30, 2026) total assets were $3.5 billion and equity $344.5 million.
Related: MVBF income statement, MVBF cash flow statement, MVBF key metrics. See the MVBF stock overview for the latest quote and news.
MVBF balance sheet FAQ
What are MVB Financial's total assets?
MVB Financial reported total assets of $3.3 billion at the end of fiscal 2025 (December 31, 2025), compared with $3.1 billion a year earlier.
How much debt does MVB Financial have?
MVB Financial had $77.4 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.23.
How much cash does MVB Financial have?
MVB Financial held $249.9 million in cash and short-term investments at the end of fiscal 2025; with $77.4 million of debt that is net cash of $172.5 million.
What is MVB Financial's book value?
MVB Financial's shareholders' equity (book value) was $334.0 million at the end of fiscal 2025, or $25.48 per share.
What is MVB Financial's current ratio?
MVB Financial had current assets of $249.9 million and current liabilities of $2.8 billion, a current ratio of 0.09 (current liabilities exceed current assets).