MVB Financial Corp.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $26.9M | $20.2M | $31.2M | $15.0M | $39.1M | $37.4M | $27.0M | $12.0M |
| Depreciation & Amortization | $2.6M | $3.9M | $5.0M | $5.3M | $4.2M | $3.3M | $3.3M | $2.9M |
| Depreciation | $2.6M | $3.8M | $4.6M | $4.4M | $3.3M | $3.0M | $3.0M | $2.8M |
| Amortization | $8.0K | $90.0K | $192.0K | $685.0K | $684.0K | $1.2M | $297.0K | $96.0K |
| Stock-Based Compensation | $3.8M | $2.9M | $2.7M | $2.8M | $2.6M | $2.4M | $1.8M | $1.3M |
| Net Cash from Operating Activities | $4.0M | $-285.0K | $58.2M | $7.4M | $34.8M | $112.2M | $-8.1M | $6.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.9M | $1.6M | $1.9M | $3.0M | $4.9M | $6.6M | $2.0M | $2.7M |
| Business Acquisitions | — | — | $0 | $0 | $772.0K | $-57.3M | $2.7M | $0 |
| Net Cash from Investing Activities | $-208.6M | $144.5M | $88.2M | $-571.1M | $-572.0M | $-294.1M | $-120.1M | $-210.0M |
| Financing Activities | ||||||||
| Dividends Paid | $8.7M | $8.8M | $8.6M | $8.4M | $6.0M | $4.3M | $2.3M | $1.2M |
| Stock Repurchases | $10.2M | $0 | $0 | $0 | $0 | $15.7M | $0 | $0 |
| Net Cash from Financing Activities | $130.8M | $-224.5M | $211.5M | $296.6M | $580.7M | $417.8M | $133.9M | $205.2M |
| Net Change in Cash | $-73.8M | $-80.3M | $357.9M | $-267.2M | $43.5M | $235.9M | $5.8M | $1.9M |
| Free Cash Flow | $2.1M | $-1.9M | $56.3M | $4.3M | $30.0M | $105.6M | $-10.1M | $4.0M |