MVB Financial Corp
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $167.7M | $152.1M | $143.0M | $139.4M | $133.0M | $160.7M | $3.4M | $2.2M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $36.9M | $26.3M | $93.8M | $29.2M | $53.7M | $58.6M | $58.0M | $33.1M |
| Operating Margin | 22.0% | 17.3% | 65.6% | 20.9% | 40.4% | 36.5% | 1,705.1% | 1,478.2% |
| Interest Expense | — | — | $66.5M | $14.2M | $6.3M | $11.6M | $23.0M | $17.7M |
| Pretax Income | $36.9M | $26.3M | $27.3M | $15.0M | $47.5M | $46.9M | $35.0M | $15.4M |
| Income Tax Expense | $9.9M | $6.1M | $5.1M | $3.3M | $9.6M | $9.5M | $8.5M | $3.4M |
| Net Income | $26.9M | $20.2M | $31.2M | $15.0M | $39.1M | $37.4M | $27.0M | $12.0M |
| Net Margin | 16.1% | 13.3% | 21.8% | 10.8% | 29.4% | 23.3% | 793.9% | 536.3% |
| EPS (Basic) | $2.11 | $1.56 | $2.46 | $1.23 | $3.32 | $3.13 | $2.26 | $1.04 |
| EPS (Diluted) | $2.06 | $1.53 | $2.40 | $1.17 | $3.10 | $3.06 | $2.20 | $1.00 |
| Shares Outstanding (Basic) | 12.8M | 12.9M | 12.7M | 12.3M | 11.8M | 11.8M | 11.7M | 11.0M |
| Shares Outstanding (Diluted) | 13.1M | 13.1M | 13.0M | 12.9M | 12.6M | 12.1M | 12.0M | 12.7M |
| Dividends Per Share | $0.68 | $0.68 | $0.68 | $0.68 | $0.51 | $0.36 | $0.20 | $0.11 |