MVB Financial (MVBF) Revenue & Revenue Breakdown
MVB Financial Revenue Highlights
Latest Revenue (Y)
$213.02M
Main Segment (Y)
Product And Services, Service Charges On Deposit Accounts
Main Geography (Y)
Product And Services, Service Charges On Deposit Accounts
MVB Financial Revenue by Period
MVB Financial Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $213.02M | 41.92% |
| 2022-12-31 | $150.10M | 7.40% |
| 2021-12-31 | $139.75M | -13.01% |
| 2020-12-31 | $160.66M | 29.56% |
| 2019-12-31 | $124.00M | 36.73% |
| 2018-12-31 | $90.69M | 6.70% |
| 2017-12-31 | $85.00M | 2.61% |
| 2016-12-31 | $82.84M | 16.01% |
| 2015-12-31 | $71.41M | 39.58% |
| 2014-12-31 | $51.16M | 10.41% |
| 2013-12-31 | $46.34M | 87.71% |
| 2012-12-31 | $24.69M | 38.72% |
| 2011-12-31 | $17.80M | 34.10% |
| 2010-12-31 | $13.27M | 20.71% |
| 2009-12-31 | $10.99M | 15.41% |
| 2008-12-31 | $9.53M | 331.63% |
| 2007-12-31 | $2.21M | 30.98% |
| 2006-12-31 | $1.69M | 62.64% |
| 2005-12-31 | $1.04M | 9.51% |
| 2004-12-31 | $946.00K | 15.23% |
| 2003-12-31 | $821.00K | - |
MVB Financial generated $213.02M in revenue during NA 2023, up 41.92% compared to the previous quarter, and up 234.88% compared to the same period a year ago.
MVB Financial Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | - | -100.00% |
| 2024-03-31 | $59.04M | 4.38% |
| 2023-12-31 | $56.57M | 55.38% |
| 2023-09-30 | $36.41M | 6.67% |
| 2023-06-30 | $34.13M | -7.73% |
| 2023-03-31 | $36.99M | -7.00% |
| 2022-12-31 | $39.77M | 1.83% |
| 2022-09-30 | $39.06M | 6199.68% |
| 2022-06-30 | $620.00K | -97.99% |
| 2022-03-31 | $30.78M | -14.62% |
| 2021-12-31 | $36.05M | -3.81% |
| 2021-09-30 | $37.47M | 33.02% |
| 2021-06-30 | $28.17M | 19.91% |
| 2021-03-31 | $23.49M | -31.43% |
| 2020-12-31 | $34.26M | 57.28% |
| 2020-09-30 | $21.79M | -65.95% |
| 2020-06-30 | $63.97M | 136.75% |
| 2020-03-31 | $27.02M | -11.76% |
| 2019-12-31 | $30.62M | 5.58% |
| 2019-09-30 | $29.00M | -27.86% |
| 2019-06-30 | $40.20M | 83.33% |
| 2019-03-31 | $21.93M | -3.42% |
| 2018-12-31 | $22.70M | -2.00% |
| 2018-09-30 | $23.17M | 3.16% |
| 2018-06-30 | $22.46M | 14.51% |
| 2018-03-31 | $19.61M | -10.20% |
| 2017-12-31 | $21.84M | 5.23% |
| 2017-09-30 | $20.75M | -4.44% |
| 2017-06-30 | $21.72M | 19.09% |
| 2017-03-31 | $18.24M | -8.78% |
| 2016-12-31 | $19.99M | -10.96% |
| 2016-09-30 | $22.45M | 2.29% |
| 2016-06-30 | $21.95M | 12.51% |
| 2016-03-31 | $19.51M | 15.92% |
| 2015-12-31 | $16.83M | -7.51% |
| 2015-09-30 | $18.20M | 0.15% |
| 2015-06-30 | $18.17M | -0.23% |
| 2015-03-31 | $18.21M | 44.20% |
| 2014-12-31 | $12.63M | -2.19% |
| 2014-09-30 | $12.91M | -4.72% |
| 2014-06-30 | $13.55M | 12.31% |
| 2014-03-31 | $12.07M | 9.81% |
| 2013-12-31 | $10.99M | -2.55% |
| 2013-09-30 | $11.28M | -12.12% |
| 2013-06-30 | $12.83M | 9.25% |
| 2013-03-31 | $11.75M | 47.62% |
| 2012-12-31 | $7.96M | 30.96% |
| 2012-09-30 | $6.08M | 11.34% |
| 2012-06-30 | $5.46M | 5.02% |
| 2012-03-31 | $5.20M | 0.31% |
| 2011-12-31 | $5.18M | 10.87% |
| 2011-09-30 | $4.67M | 11.48% |
| 2011-06-30 | $4.19M | 11.64% |
| 2011-03-31 | $3.75M | -0.08% |
| 2010-12-31 | $3.76M | 9.85% |
| 2010-09-30 | $3.42M | 9.58% |
| 2010-06-30 | $3.12M | 4.98% |
| 2010-03-31 | $2.97M | 5.91% |
| 2009-12-31 | $2.81M | 2.75% |
| 2009-09-30 | $2.73M | -5.96% |
| 2009-06-30 | $2.90M | 13.92% |
| 2009-03-31 | $2.55M | 2.33% |
| 2008-12-31 | $2.49M | 2.51% |
| 2008-09-30 | $2.43M | 4.47% |
| 2008-06-30 | $2.33M | 308.96% |
| 2008-03-31 | $569.00K | -11.37% |
| 2007-12-31 | $642.00K | - |
MVB Financial generated - in revenue during Q2 2024, up -100.00% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
MVB Financial Revenue Breakdown
MVB Financial Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 19 |
|---|---|
| Product And Services, Consulting Income | $921.00K |
| Product And Services, Service Charges On Deposit Accounts | $1.41M |
| Product And Services, Other | $499.00K |
| Product And Services, Debit Card And Interchange Income | $571.00K |
MVB Financial's latest annual revenue breakdown by segment (product or service), as of Dec 19: Product And Services, Service Charges On Deposit Accounts (41.44%), Product And Services, Consulting Income (27.09%), Product And Services, Debit Card And Interchange Income (16.79%), and Product And Services, Other (14.68%).
Quarterly Revenue by Product
| Product/Service | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|
| Product And Services, Compliance Consulting Income | $1.08M | - | - | - | - |
| Product And Services, Other | $70.00K | $123.00K | $261.00K | $120.00K | $108.00K |
| Product And Services, Debit Card And Interchange Income | $168.00K | $242.00K | $100.00K | $99.00K | $150.00K |
| Product And Services, Service Charges On Deposit Accounts | $470.00K | $286.00K | $450.00K | $424.00K | $337.00K |
| Product And Services, Consulting Income | - | $941.00K | $1.01M | $896.00K | $25.00K |
MVB Financial's latest quarterly revenue breakdown by segment (product or service), as of Sep 20: Product And Services, Compliance Consulting Income (60.49%), Product And Services, Service Charges On Deposit Accounts (26.23%), Product And Services, Debit Card And Interchange Income (9.38%), and Product And Services, Other (3.91%).
MVB Financial Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 19 |
|---|---|
| Product And Services, Consulting Income | $921.00K |
| Product And Services, Service Charges On Deposit Accounts | $1.41M |
| Product And Services, Other | $499.00K |
| Product And Services, Debit Card And Interchange Income | $571.00K |
MVB Financial's latest annual revenue breakdown by geography, as of Dec 19: Product And Services, Service Charges On Deposit Accounts (41.44%), Product And Services, Consulting Income (27.09%), Product And Services, Debit Card And Interchange Income (16.79%), and Product And Services, Other (14.68%).
Quarterly Revenue by Country
| Country | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|
| Product And Services, Debit Card And Interchange Income | $168.00K | $242.00K | $100.00K | $99.00K | $150.00K |
| Product And Services, Service Charges On Deposit Accounts | $470.00K | $286.00K | $450.00K | $424.00K | $337.00K |
| Product And Services, Other | $70.00K | $123.00K | $261.00K | $120.00K | $108.00K |
| Product And Services, Compliance Consulting Income | $1.08M | - | - | - | - |
| Product And Services, Consulting Income | - | $941.00K | $1.01M | $896.00K | $25.00K |
MVB Financial's latest quarterly revenue breakdown by geography, as of Sep 20: Product And Services, Compliance Consulting Income (60.49%), Product And Services, Service Charges On Deposit Accounts (26.23%), Product And Services, Debit Card And Interchange Income (9.38%), and Product And Services, Other (3.91%).
MVB Financial Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| HFWA | Heritage Financial | $303.13M | $81.83M |
| CIVB | Civista Bancshares | $219.90M | $61.14M |
| MVBF | MVB Financial | $213.02M | - |
| CFBK | CF Bankshares | $112.31M | $29.99M |
| FNWB | First Northwest Bancorp | $104.92M | $28.10M |
| FNWD | Finward Bancorp | $96.53M | $24.70M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| FCAP | First Capital | $51.24M | $14.24M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $23.45M | $8.40M |
| OFED | Oconee Federal Financial | $16.61M | $3.21M |
| FCCO | First Community | $10.42M | $25.48M |
MVBF Revenue FAQ
What is MVB Financial’s yearly revenue?
MVB Financial's yearly revenue for 2023 was $213.02M, representing an increase of 41.92% compared to 2022. The company's yearly revenue for 2022 was $150.1M, representing an increase of 7.40% compared to 2021. MVBF's yearly revenue for 2021 was $139.76M, representing a decrease of -13.01% compared to 2020.
What is MVB Financial’s quarterly revenue?
MVB Financial's quarterly revenue for Q2 2024 was $0, a -100.00% decrease from the previous quarter (Q1 2024), and a -100.00% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $59.04M, a 4.38% increase from the previous quarter (Q4 2023), and a 59.62% increase year-over-year (Q1 2023). MVBF's quarterly revenue for Q4 2023 was $56.57M, a 55.38% increase from the previous quarter (Q3 2023), and a 42.22% increase year-over-year (Q4 2022).
What is MVB Financial’s revenue growth rate?
MVB Financial's revenue growth rate for the last 3 years (2021-2023) was 52.42%, and for the last 5 years (2019-2023) was 71.78%.
What are MVB Financial’s revenue streams?
MVB Financial's revenue streams in c 19 are Product And Services, Consulting Income, Product And Services, Service Charges On Deposit Accounts, Product And Services, Other, and Product And Services, Debit Card And Interchange Income. Product And Services, Consulting Income generated $921K in revenue, accounting 27.09% of the company's total revenue Product And Services, Service Charges On Deposit Accounts generated $1.41M in revenue, accounting 41.44% of the company's total revenue Product And Services, Other generated $499K in revenue, accounting 14.68% of the company's total revenue Product And Services, Debit Card And Interchange Income generated $571K in revenue, accounting 16.79% of the company's total revenue
What is MVB Financial’s main source of revenue?
For the fiscal year ending Dec 19, the largest source of revenue of MVB Financial was Product And Services, Service Charges On Deposit Accounts. This segment made a revenue of $1.41M, representing 41.44% of the company's total revenue.