MVB Financial Corp. (MVBF) Income Statement
MVBF 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsMVBF revenue and net income
Where MVBF's revenue goes
2025Each bar shows an amount and its share of revenue. MVBF kept 10.0% of revenue as net income.
MVBF profit margins
MVBF growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +19.0% | +21.1% | +16.0% | +13.5% |
| Gross profit | +31.7% | +16.0% | +14.0% | +11.7% |
| Operating income | +39.9% | +34.8% | −4.7% | +14.5% |
| Net income | +34.1% | +21.4% | −6.4% | +14.7% |
| EPS (diluted) | +34.6% | +21.1% | −2.0% | +10.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MVBF quarterly EPS vs estimates
MVB Financial beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.43).
MVBF income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $270.4M | $227.3M | $213.0M | $152.4M | $111.1M | $128.7M | $143.9M | $104.8M | $94.1M | $94.0M |
| Cost of revenue | $76.7M | $80.2M | $64.6M | $28.3M | −$5,000 | $28.2M | $24.8M | $20.1M | $14.5M | $14.8M |
| Gross profit | $193.8M | $147.1M | $148.4M | $124.0M | $111.1M | $100.5M | $119.2M | $84.7M | $79.6M | $79.2M |
| Sales, general & admin | $71.0M | $72.1M | $67.8M | $65.1M | $55.5M | $63.7M | $67.3M | $55.8M | $55.4M | $55.5M |
| Total operating expenses | $156.9M | $120.8M | $121.1M | $109.0M | $63.6M | $53.6M | $84.2M | $69.3M | $67.3M | $65.9M |
| Operating income | $36.9M | $26.3M | $27.3M | $15.0M | $47.5M | $46.9M | $35.0M | $15.4M | $12.3M | $13.4M |
| Interest income | $175.3M | $185.8M | $180.8M | $126.0M | $83.4M | $80.5M | $82.4M | $69.8M | $56.6M | $54.1M |
| Interest expense | $67.9M | $76.6M | $66.5M | $14.2M | $6.3M | $11.6M | $23.0M | $17.7M | $12.3M | $11.1M |
| Income before taxes | $36.9M | $26.3M | $27.3M | $15.0M | $47.5M | $46.9M | $35.0M | $15.4M | $12.3M | $13.4M |
| Income taxes | $9.9M | $6.1M | $5.1M | $3.3M | $9.6M | $9.5M | $8.4M | $3.4M | $4.8M | $4.4M |
| Net income | $26.9M | $20.1M | $31.2M | $15.0M | $39.1M | $37.4M | $27.0M | $12.0M | $7.6M | $12.9M |
| EBITDA | $39.4M | $30.3M | $32.3M | $20.4M | $51.7M | $50.2M | $38.3M | $18.3M | $15.0M | $16.8M |
| EPS (diluted) | $2.06 | $1.53 | $2.40 | $1.16 | $3.08 | $2.28 | $1.28 | $0.94 | $0.68 | $0.90 |
| Gross margin | 71.7% | 64.7% | 69.7% | 81.4% | 100.0% | 78.1% | 82.8% | 80.8% | 84.6% | 84.3% |
| Operating margin | 13.6% | 11.6% | 12.8% | 9.9% | 42.7% | 36.5% | 24.3% | 14.7% | 13.1% | 14.2% |
| Net margin | 10.0% | 8.8% | 14.7% | 9.9% | 35.2% | 29.1% | 18.8% | 11.4% | 8.1% | 13.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $67.4M | $53.0M | $56.4M | $42.4M | $48.0M | $49.3M | $63.0M | $52.5M | $52.8M | $59.0M | $56.6M | $54.9M |
| Cost of revenue | $21.0M | $18.2M | $19.3M | $22.1M | $18.6M | $16.7M | $18.5M | $21.0M | $18.8M | $21.9M | $16.5M | $18.3M |
| Gross profit | $46.4M | $34.8M | $37.1M | $20.3M | $29.4M | $32.6M | $44.5M | $31.5M | $34.0M | $37.2M | $40.1M | $36.6M |
| Sales, general & admin | $17.6M | $18.0M | $17.4M | $22.3M | $16.9M | $17.4M | $19.9M | $17.8M | $17.0M | $18.3M | $15.9M | $17.4M |
| Total operating expenses | $30.4M | $28.1M | $31.6M | −$3.1M | $26.3M | $27.8M | $32.3M | $28.7M | $28.5M | $31.4M | $30.7M | $31.5M |
| Operating income | $16.0M | $6.7M | $5.5M | $23.4M | $3.2M | $4.8M | $12.2M | $2.8M | $5.5M | $5.8M | $9.3M | $5.1M |
| Interest income | $48.6M | $44.8M | $45.5M | $44.2M | $42.4M | $43.2M | $43.1M | $46.6M | $46.1M | $50.0M | $49.7M | $48.3M |
| Interest expense | $16.3M | $16.3M | $17.1M | $17.6M | $16.6M | $16.6M | $18.2M | $20.0M | $18.6M | $19.9M | $18.6M | $18.5M |
| Income before taxes | $16.0M | $6.7M | $5.5M | $23.4M | $3.2M | $4.8M | $12.2M | $2.8M | $5.5M | $5.8M | $9.3M | $5.1M |
| Income taxes | $3.7M | $1.5M | $1.2M | $6.3M | $1.2M | $1.2M | $2.8M | $642,000 | $1.4M | $1.3M | $1.4M | $1.2M |
| Net income | $12.3M | $5.2M | $4.2M | $17.1M | $2.0M | $3.6M | $9.4M | $2.1M | $4.1M | $4.5M | $7.9M | $3.9M |
| EBITDA | $17.3M | $7.1M | $5.9M | $24.0M | $3.9M | $5.6M | $13.1M | $3.7M | $6.6M | $6.9M | $10.5M | $6.3M |
| EPS (diluted) | $0.25 | $0.39 | $0.32 | $1.32 | $0.15 | $0.27 | $0.72 | $0.16 | $0.31 | $0.34 | $0.61 | $0.29 |
| Gross margin | 68.9% | 65.7% | 65.8% | 47.9% | 61.3% | 66.1% | 70.7% | 60.0% | 64.4% | 62.9% | 70.8% | 66.6% |
| Operating margin | 23.7% | 12.6% | 9.7% | 55.3% | 6.6% | 9.7% | 19.4% | 5.3% | 10.5% | 9.8% | 16.5% | 9.3% |
| Net margin | 18.2% | 9.8% | 7.5% | 40.5% | 4.2% | 7.3% | 15.0% | 4.0% | 7.7% | 7.6% | 14.0% | 7.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MVBF's financial statements (latest annual report filed March 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MVBF financial results
In fiscal year 2025 (ended December 31, 2025), MVB Financial reported revenue of $270.4 million, up 19.0% from the year before. It had net income of $26.9 million (up 34.1%), a net profit margin of 10.0%. Diluted earnings per share came to $2.06. Over five years revenue grew at an average rate of 16.0% a year.
See the MVBF stock overview for the latest quote and news, or the MVBF chart for price history and technical indicators.
MVBF income statement FAQ
What is MVB Financial's annual revenue?
MVB Financial reported total revenue of $270.4 million for fiscal year 2025, which ended on December 31, 2025. That was up 19.0% from $227.3 million the previous year.
Is MVB Financial profitable?
Yes. MVB Financial reported net income of $26.9 million in fiscal 2025, a net profit margin of 10.0%; its operating margin was 13.6%.
What is MVB Financial's gross margin?
MVB Financial's gross margin was 71.7% in fiscal 2025: for every $100 of revenue, MVB Financial kept $72 after the direct cost of its products and services.
How fast is MVB Financial growing?
Revenue grew 16.0% a year on average over the last five fiscal years, from $128.7 million to $270.4 million.
What are MVB Financial's earnings per share?
MVB Financial earned $2.06 per diluted share in fiscal 2025, compared with $1.53 a year earlier.
When will MVB Financial report its next earnings?
MVB Financial is expected to report results for the quarter ending September 30, 2026 on November 4, 2026.
When does MVB Financial's fiscal year end?
MVB Financial's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 12, 2026.