MVBF

MKT CAP:$331M

MVB Financial Corp.

Market Cap

$331M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$26.45+$0.99 (+3.91%)

Apr 21, 2026

Company Details

MVB Financial Corp., through its subsidiaries, provides financial services to individuals and corporate clients in the Mid-Atlantic region and internationally. The company operates through three segments: CoRe Banking, Mortgage Banking, and...

CEO

Larry F. Mazza

IPO Date

Aug 3, 2012

Website

www.mvbbanking.com

Key Metrics TTM

Revenue

$210M

+7.3% YoY

Net Income

$33M

EPS (Diluted)

$2.51

Free Cash Flow

-$23M

Revenue / Share

$16.03

Gross Margin

62.6%

Operating Margin

21.1%

Net Margin

15.6%

FCF Margin

-10.8%

P/S

1.6x

P/E

10.1x

Earnings Reports

Q1 2026

Apr 29, 2026

PENDING

FY 2025

Mar 12, 2026

$270MEPS $2.06

Q4 2025

Mar 12, 2026

$56M-10.6%EPS $0.32

Q3 2025

Nov 6, 2025

$42MEPS $1.32

Q2 2025

Aug 7, 2025

$48MEPS $0.15

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 19	$28M	$22M	$4M
Q2 19	$46M	$40M	$20M
Q3 19	$35M	$28M	$6M
Q4 19	$35M	$30M	$5M
Q1 20	$31M	$25M	$1M
Q2 20	$52M	$42M	$24M
Q3 20	$24M	$13M	$9M
Q4 20	$22M	$20M	$13M
Q1 21	$25M	$23M	$10M
Q3 23	$55M	$37M	$5M
Q4 23	$57M	$40M	$9M
Q1 24	$59M	$37M	$6M
Q4 24	$63M	$45M	$12M
Q2 25	$48M	$29M	$3M
Q3 25	$42M	$20M	$23M
Q4 25	$56M	$37M	$5M

Valuation

Quarter	P/S	P/E
Q1 19	3.0x	26.3x
Q2 19	2.6x	13.2x
Q3 19	2.4x	12.8x
Q4 19	2.3x	12.3x
Q1 20	2.3x	13.3x
Q2 20	2.2x	12.0x
Q3 20	2.3x	11.2x
Q4 20	2.6x	8.8x
Q1 21	2.7x	7.5x
Q3 23	2.6x	10.9x
Q4 23	2.1x	10.5x
Q1 24	1.7x	13.6x
Q4 24	1.4x	12.9x
Q2 25	1.5x	13.9x
Q3 25	1.6x	10.0x
Q4 25	1.6x	10.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 19	$13M	$13M
Q2 19	-$43M	-$43M
Q3 19	-$36M	-$36M
Q4 19	$58M	$57M
Q1 20	-$79M	-$80M
Q2 20	-$42M	-$43M
Q3 20	$212M	$210M
Q4 20	$21M	$19M
Q1 21	$10M	$9M
Q3 23	$10M	$10M
Q4 23	$19M	$18M
Q1 24	-$25M	-$26M
Q4 24	-$11M	-$11M
Q2 25	$7M	$7M
Q3 25	-$3M	-$4M
Q4 25	-$15M	-$16M

Capital Expenditures

Quarter	CapEx
Q1 19	$115.0K
Q2 19	$514.0K
Q3 19	$505.0K
Q4 19	$908.0K
Q1 20	$1M
Q2 20	$1M
Q3 20	$2M
Q4 20	$2M
Q1 21	$1M
Q3 23	$228.0K
Q4 23	$474.0K
Q1 24	$921.0K
Q4 24	$134.0K
Q2 25	$191.0K
Q3 25	$955.0K
Q4 25	$713.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 19	+18.9%	+18.5%
Q2 19	+72.5%	+13.2%
Q3 19	+25.8%	+26.0%
Q4 19	+30.0%	+28.7%
Q1 20	+11.3%	+24.9%
Q2 20	+12.9%	+7.0%
Q3 20	-30.3%	-45.8%
Q4 20	-38.8%	-71.9%
Q1 21	-18.4%	-49.7%
Q3 23	+5.3%	+77.4%
Q4 23	+131.8%	+197.2%
Q1 24	+174.1%	+535.9%
Q4 24	+151.6%	+242.6%
Q2 25	-12.5%	-9.9%
Q3 25	-25.1%	-59.9%
Q4 25	-4.6%	-4.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 19	$425.0K	1.5%
Q2 19	$401.0K	0.9%
Q3 19	$493.0K	1.4%
Q4 19	$440.0K	1.3%
Q1 20	$498.0K	1.6%
Q2 20	$627.0K	1.2%
Q3 20	$592.0K	2.4%
Q4 20	$636.0K	3.0%
Q1 21	$592.0K	2.4%
Q3 23	$1M	1.9%
Q4 23	$543.0K	1.0%
Q1 24	$884.0K	1.5%
Q4 24	$876.0K	1.4%
Q2 25	$1M	2.1%
Q3 25	$1M	2.6%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 19	$14M	$214.0K
Q2 19	$16M	$294.0K
Q3 19	$18M	$437.0K
Q4 19	$19M	$345.0K
Q1 20	$19M	$336.0K
Q2 20	$26M	$328.0K
Q3 20	$13M	$227.0K
Q4 20	$14M	$205.0K
Q1 21	$14M	$65.0K
Q3 23	$17M	—
Q4 23	$16M	—
Q1 24	$17M	—
Q4 24	$20M	—
Q2 25	$17M	—
Q3 25	$22M	—
Q4 25	$17M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$356M	$395M	$752M
Q2 22	$162M	$377M	$539M
Q3 22	$80M	$367M	$447M
Q4 22	$40M	$380M	$420M
Q1 23	$575M	$340M	$915M
Q2 23	$456M	$329M	$785M
Q3 23	$587M	$312M	$899M
Q4 23	$398M	$345M	$744M
Q1 24	$640M	$350M	$990M
Q2 24	$456M	$361M	$817M
Q3 24	$611M	$375M	$986M
Q4 24	$318M	$412M	$730M
Q1 25	$251M	$420M	$671M
Q2 25	$399M	$397M	$796M
Q3 25	$300M	$325M	$625M
Q4 25	$244M	$411M	$655M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 19	13M	+3.2%	+3.6%
Q2 19	13M	-0.2%	+14.4%
Q3 19	12M	-8.0%	-7.7%
Q4 19	12M	+2.0%	-3.4%
Q1 20	12M	-5.3%	-11.4%
Q2 20	12M	+2.9%	-8.7%
Q3 20	12M	+0.9%	+0.1%
Q4 20	12M	+0.2%	-1.5%
Q1 21	12M	+1.2%	+5.2%
Q3 23	13M	+6.8%	+9.2%
Q4 23	13M	-0.7%	+7.5%
Q1 24	13M	+0.7%	+8.0%
Q4 24	13M	+0.6%	+7.4%
Q2 25	13M	-0.6%	+0.0%
Q3 25	13M	-0.8%	-0.1%
Q4 25	13M	+0.6%	-0.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 19	$72.2K	382
Q2 19	$120.8K	382
Q3 19	$91.6K	382
Q4 19	$79.5K	443
Q1 20	$69.3K	443
Q2 20	$117.6K	443
Q3 20	$55.1K	443
Q4 20	$62.6K	344
Q1 21	$72.8K	344
Q3 23	$122.7K	447
Q4 23	$127.1K	445
Q1 24	$132.7K	445
Q4 24	$139.1K	453
Q2 25	$106.0K	453
Q3 25	$93.5K	453
Q4 25	$1M	38

Revenue / Employee