Mvb Financial (MVBF) Equipment Expense (2010 - 2026)
Mvb Financial's Equipment Expense came in at $589,000 for Q2 2026, down 34.6% from $900,000 a year earlier and down 0.8% from the prior quarter.
Mvb Financial (MVBF) Equipment Expense (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Mvb Financial reported Equipment Expense of $2.58 million, down 36.0% year-over-year; for FY2025, it came in at $3.27 million, down 28.6% from FY2024.
- Equipment Expense carries a five-year compound annual growth rate of -2.3% (FY2020 to FY2025).
- Going back by year, Equipment Expense was $4.58 million in FY2024 (-17.6%), $5.56 million in FY2023 (+1.1%), $5.5 million in FY2022 (+19.5%) and $4.6 million in FY2021 (+25.2%).
- The Q2 2026 figure represents the lowest quarterly Equipment Expense since Q2 2016.
- Year-over-year, Equipment Expense has declined for 12 consecutive quarters, with an average decline of 28.5% over the last eight quarters.
- The fastest year-over-year change in Equipment Expense over five years came in Q3 2021 (growth of 47.9%), and the weakest in Q4 2025 (a decline of 42.0%).
- Business Quant data shows MVBF's Equipment Expense at $594,000 (Q1 2026), $590,000 (Q4 2025) and $803,000 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equipment Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 918.91 Bn | 918.91 Bn | - | - |
| 2 | Banco Santander Chile | 870.35 Bn | 846.93 Bn | - | - |
| 3 | Bank Of America | 358.55 Bn | -2,017.56 Bn | - | - |
| 4 | Hsbc Holdings | 315.74 Bn | -668.95 Bn | - | - |
| 5 | Morgan Stanley | 290.88 Bn | -253.14 Bn | - | - |
| 6 | Royal Bank Of Canada | 287.92 Bn | 137.98 Bn | - | - |
| 7 | Goldman Sachs | 270.57 Bn | -3,472.88 Bn | - | - |
| 8 | Wells Fargo & Company | 258.79 Bn | 258.79 Bn | - | - |
| 9 | Mitsubishi Ufj Financial | 247.94 Bn | 129.81 Bn | - | - |
| 10 | Mvb Financial | 333.48 Mn | -838.11 Mn | - | 514,000.00 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 514,000.00 |
| Jun 30, 2026 | 589,000.00 |
| Mar 31, 2026 | 594,000.00 |
| Dec 31, 2025 | 590,000.00 |
| Sep 30, 2025 | 803,000.00 |
| Jun 30, 2025 | 900,000.00 |
| Mar 31, 2025 | 979,000.00 |
| Dec 31, 2024 | 1.02 Mn |
| Sep 30, 2024 | 1.13 Mn |
| Jun 30, 2024 | 1.22 Mn |
| Mar 31, 2024 | 1.22 Mn |
| Dec 31, 2023 | 1.21 Mn |
| Sep 30, 2023 | 1.44 Mn |
| Jun 30, 2023 | 1.45 Mn |
| Mar 31, 2023 | 1.46 Mn |
| Dec 31, 2022 | 1.53 Mn |
| Sep 30, 2022 | 1.50 Mn |
| Jun 30, 2022 | 1.25 Mn |
| Mar 31, 2022 | 1.21 Mn |
| Dec 31, 2021 | 1.10 Mn |
Mvb Financial Equipment Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=equipment-expense&ticker=MVBF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "equipment-expense", "ticker": "MVBF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=equipment-expense&ticker=MVBF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();