Mvb Financial Corp - Understand $mvbf stock

$MVBF Market Cap: $281.6 Million

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Financial Snapshot

Revenue

$192.5M

TTM

Gross Margin

Net Earnings

$18.58M

TTM

Current Assets

Current Liabilities

$40.18M

Q3 2024

Current Ratio

Total Assets

$3.419B

Q3 2024

Total Liabilities

$3.116B

Q3 2024

Book Value

$303.2M

Q3 2024

Cash

$610.9M

Q3 2024

P/E

15.15

Nov 29, 2024 EST

Free Cash Flow

$26.99M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$189.8M	$126.0M	$83.43M	$80.45M	$82.36M	$69.76M	$56.60M	$54.12M	$44.10M	$36.17M	$26.55M	$22.25M
YoY Change	50.7%	50.98%	3.7%	-2.32%	18.06%	23.26%	4.57%	22.73%	21.93%	36.25%	19.28%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$189.8M	$126.0M	$83.43M	$80.45M	$82.36M	$69.76M	$56.60M	$54.12M	$44.10M	$36.17M	$26.55M	$22.25M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development	$4.878M	$4.198M	$4.431M	$5.375M	$4.025M	$3.741M	$5.116M	$4.964M	$4.010M	$2.768M	$1.180M	$612.0K
YoY Change	16.2%	-5.26%	-17.56%	33.54%	7.59%	-26.88%	3.06%	23.79%	44.87%	134.58%	92.81%
% of Gross Profit
Depreciation & Amortization	$5.003M	$5.322M	$4.198M	$3.292M	$3.260M	$2.938M	$2.691M	$3.407M	$2.908M	$1.245M	$900.0K	$500.0K	$500.0K	$400.0K	$400.0K	$400.0K	$400.0K	$300.0K
YoY Change	-5.99%	26.77%	27.52%	0.98%	10.96%	9.18%	-21.02%	17.16%	133.57%	38.33%	80.0%	0.0%	25.0%	0.0%	0.0%	0.0%	33.33%
% of Gross Profit
Operating Expenses	$4.878M	$4.198M	$4.431M	$5.375M	$4.025M	$3.741M	$84.97M	$83.97M	$69.57M	$55.29M	$50.40M	$612.0K
YoY Change	16.2%	-5.26%	-17.56%	33.54%	7.59%	-95.6%	1.19%	20.71%	25.83%	9.69%	8135.62%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Interest Expense	$66.54M	$14.15M	$6.270M	$11.63M	$22.96M	$17.71M	$12.30M	$11.13M	$9.225M	$7.511M	$5.549M	$4.930M
YoY Change	370.08%	125.74%	-46.07%	-49.36%	29.68%	43.94%	10.5%	20.67%	22.82%	35.36%	12.56%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Pretax Income	$27.29M	$18.52M	$48.58M	$46.94M	$35.01M	$15.38M	$12.33M	$13.36M	$9.489M	$2.903M	$5.003M	$5.834M	$3.700M	$3.000M	$1.900M	$1.100M	$1.700M	$1.300M
YoY Change	47.42%	-61.89%	3.48%	34.07%	127.72%	24.7%	-7.68%	40.74%	226.87%	-41.97%	-14.24%	57.68%	23.33%	57.89%	72.73%	-35.29%	30.77%
Income Tax	$5.070M	$4.128M	$9.882M	$9.532M	$8.450M	$3.373M	$4.755M	$4.378M	$2.886M	$248.0K	$983.0K	$1.666M	$1.000M	$800.0K	$500.0K	$300.0K	$400.0K	$300.0K
% Of Pretax Income	18.58%	22.3%	20.34%	20.31%	24.13%	21.94%	38.56%	32.78%	30.41%	8.54%	19.65%	28.56%	27.03%	26.67%	26.32%	27.27%	23.53%	23.08%
Net Earnings	$31.23M	$15.05M	$39.12M	$37.41M	$26.99M	$12.00M	$7.575M	$12.91M	$6.816M	$2.079M	$4.020M	$4.168M	$2.700M	$2.200M	$1.400M	$800.0K	$1.300M	$1.000M
YoY Change	107.56%	-61.54%	4.57%	38.61%	124.87%	58.46%	-41.33%	89.44%	227.85%	-48.28%	-3.55%	54.37%	22.73%	57.14%	75.0%	-38.46%	30.0%
Net Earnings / Revenue	16.45%	11.95%	46.89%	46.5%	32.77%	17.21%	13.38%	23.86%	15.46%	5.75%	15.14%	18.73%
Basic Earnings Per Share	$2.46	$1.23	$3.32	$3.13	$2.26	$1.04	$0.69	$1.44	$0.78	$0.22	$0.59	$0.92
Diluted Earnings Per Share	$2.40	$1.17	$3.10	$3.06	$2.20	$1.00	$0.68	$1.31	$0.77	$0.22	$0.57	$0.90	$613.6K	$666.7K	$388.9K	$222.2K	$393.9K	$312.5K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$20.93M	$23.65M	$43.60M	$43.90M	$35.50M	$26.50M	$26.70M	$25.10M	$26.30M	$25.50M	$16.90M	$11.40M	$7.800M	$7.600M	$7.800M	$8.100M	$8.200M	$6.500M
YoY Change	-11.52%	-45.75%	-0.68%	23.66%	33.96%	-0.75%	6.37%	-4.56%	3.14%	50.89%	48.25%	46.15%	2.63%	-2.56%	-3.7%	-1.22%	26.15%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$75.75M	$76.22M	$40.00M	$46.50M
YoY Change	-0.62%	90.56%	-13.98%
Other Assets	$0.00			$0.00	$46.60M
YoY Change				-100.0%
Total Long-Term Assets
YoY Change
Total Assets	$3.314B	$3.056B	$2.792B	$2.332B	$1.944B	$1.751B	$1.534B	$1.419B	$1.385B	$1.111B	$987.1M	$726.8M	$533.5M	$414.3M	$352.8M	$258.7M	$230.1M	$191.3M
YoY Change
Accounts Payable	$23.92M	$26.56M	$36.50M	$37.50M	$26.90M	$17.70M	$16.40M	$16.60M	$13.30M	$10.30M	$6.900M	$6.700M	$3.500M	$2.700M	$2.100M	$1.800M	$1.600M	$1.000M
YoY Change	-9.94%	-27.24%	-2.67%	39.41%	51.98%	7.93%	-1.2%	24.81%	29.13%	49.28%	2.99%	91.43%	29.63%	28.57%	16.67%	12.5%	60.0%
Accrued Expenses	$14.00M	$15.00M	$18.50M	$18.30M	$14.80M
YoY Change	-6.67%	-18.92%	1.09%	23.65%
Deferred Revenue
YoY Change
Short-Term Debt	$6.786M	$9.765M	$11.40M	$10.30M	$10.20M	$14.90M	$22.40M	$25.20M	$27.40M	$32.70M	$81.60M	$70.20M	$77.80M	$47.60M	$35.60M	$21.90M	$19.80M	$20.20M
YoY Change	-30.51%	-14.34%	10.68%	0.98%	-31.54%	-33.48%	-11.11%	-8.03%	-16.21%	-59.93%	16.24%	-9.77%	63.45%	33.71%	62.56%	10.61%	-1.98%
Long-Term Debt Due				$0.00	$0.00
YoY Change
Total Short-Term Liabilities	$6.786M	$41.56M	$55.00M	$55.80M	$41.70M	$17.70M	$16.40M	$16.60M	$13.30M	$10.30M	$6.900M	$6.700M	$3.500M	$2.700M	$2.100M	$1.800M	$1.600M	$1.000M
YoY Change	-83.67%	-24.44%	-1.43%	33.81%	135.59%	7.93%	-1.2%	24.81%	29.13%	49.28%	2.99%	91.43%	29.63%	28.57%	16.67%	12.5%	60.0%
Long-Term Debt	$73.54M	$73.29M	$73.10M	$43.60M	$4.100M	$17.50M	$33.50M	$33.50M	$33.50M	$33.50M	$4.100M	$4.100M	$4.100M	$4.100M	$4.100M	$4.100M	$4.100M	$0.00
YoY Change	0.35%	0.25%	67.66%	963.41%	-76.57%	-47.76%	0.0%	0.0%	0.0%	717.07%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Other Long-Term Liabilities	$42.74M	$48.13M		$0.00	$188.3M
YoY Change	-11.2%			-100.0%
Total Long-Term Liabilities	$116.3M	$121.4M	$73.10M	$43.60M	$192.4M	$17.50M	$33.50M	$33.50M	$33.50M	$33.50M	$4.100M	$4.100M	$4.100M	$4.100M	$4.100M	$4.100M	$4.100M	$0.00
YoY Change	-4.23%	66.09%	67.66%	-77.34%	999.43%	-47.76%	0.0%	0.0%	0.0%	717.07%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Total Liabilities	$3.025B	$2.804B	$2.518B	$2.092B	$1.732B	$1.574B	$1.384B	$1.273B	$1.270B	$1.001B	$893.0M	$659.2M	$485.7M	$383.5M	$325.6M	$232.9M	$206.6M	$169.6M
YoY Change	7.87%	11.35%	20.37%	20.77%	10.04%	13.73%	8.71%	0.27%	26.85%	12.09%	35.47%	35.72%	26.65%	17.78%	39.8%	12.73%	21.82%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Basic Shares Outstanding	12.69M shares	12.28M shares	11.78M shares	11.82M shares	11.71M shares	11.03M shares	10.31M shares	8.212M shares	8.014M shares	7.905M shares	6.657M shares	4.389M shares
Diluted Shares Outstanding	13.00M shares	12.87M shares	12.61M shares	12.09M shares	12.04M shares	12.72M shares	10.44M shares	10.07M shares	8.140M shares	8.102M shares	6.939M shares	4.509M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $281.58 Million

About MVB FINANCIAL CORP

MVB Financial Corp. is a holding company, which engages in the provision of community and mortgage banking services. The company is headquartered in Fairmont, West Virginia and currently employs 445 full-time employees. The company went IPO on 2002-03-11. The firm conducts a range of business activities through the Bank, primarily commercial and retail (CoRe) banking services, as well as fintech banking. The company operates through three segments: CoRe Banking, Mortgage Banking and Financial Holding Company. The company offers its customers a range of products and services, including various demand deposit accounts, savings accounts, money market accounts and certificates of deposit; commercial, consumer and real estate mortgage loans and lines of credit; debit cards; cashier’s checks; safe deposit rental facilities; non-deposit investment services offered through an association with a broker-dealer; and insurance and investment services. The Bank provides strategies to independent banking and corporate clients throughout the United States.

Industry: State Commercial Banks Peers: Carter Bankshares, Inc. HomeTrust Bancshares, Inc. John Marshall Bancorp, Inc. PEOPLES FINANCIAL SERVICES CORP. PNC FINANCIAL SERVICES GROUP, INC. RED RIVER BANCSHARES INC SHORE BANCSHARES INC SUMMIT FINANCIAL GROUP, INC. WEST BANCORPORATION INC