Mvb Financial (MVBF) Goodwill (2011 - 2023)
Mvb Financial's (MVBF) quarterly Goodwill came in at $2.8 million in Q4 2023, down 28.84% YoY from $4.0 million in Q4 2022, and little changed on a QoQ basis from $2.8 million in Q3 2023.
Mvb Financial (MVBF) Goodwill (2011 - 2023) Analysis & Trends
Mvb Financial (MVBF) has 13 years of Goodwill data on file, last reported at $2.8 million in Q4 2023.
- Quarterly Goodwill fell 28.84% year-over-year to $2.8 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $2.8 million (down 28.84% YoY) and the FY2023 annual result came in at $2.8 million, down 28.84% from the prior year.
- Goodwill held at $2.8 million in Q4 2023, from $2.8 million in the prior quarter.
- In the past five years, Goodwill ranged from a high of $19.6 million in Q3 2019 to a low of $2.4 million in Q3 2020.
- A 5-year average of $8.1 million and a median of $4.0 million in 2021 frame the typical range for Goodwill.
- Annual changes were most pronounced in 2020 — Goodwill tumbled 88.03% — and 2021, when it soared 69.7%.
- Tracing MVBF's Goodwill over 5 years: stood at $19.6 million in 2019, then plunged by 88.03% to $2.4 million in 2020, then soared by 69.7% to $4.0 million in 2021, then changed by 0.0% to $4.0 million in 2022, then retreated by 28.84% to $2.8 million in 2023.
- The last three Goodwill figures came in at $2.8 million (Q4 2023), $2.8 million (Q3 2023), and $2.8 million (Q2 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.61 Bn | 84.41 Bn | - |
| 2 | Pnc Financial Services | 98.45 Bn | 98.45 Bn | - |
| 3 | Us Bancorp | 96.58 Bn | 96.58 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.96 Bn | -144.13 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.19 Bn | -81.12 Bn | - |
| 7 | Nu Holdings | 70.42 Bn | 56.73 Bn | 2.35 Bn |
| 8 | Truist Financial | 62.04 Bn | 62.04 Bn | - |
| 9 | Fifth Third Bancorp | 49.90 Bn | 26.18 Bn | - |
| 10 | Mvb Financial | 389.25 Mn | 14.15 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 2.84 Mn |
| Sep 30, 2023 | 2.84 Mn |
| Jun 30, 2023 | 2.84 Mn |
| Mar 31, 2023 | 2.84 Mn |
| Dec 31, 2022 | 3.99 Mn |
| Sep 30, 2022 | 3.99 Mn |
| Jun 30, 2022 | 3.99 Mn |
| Mar 31, 2022 | 3.99 Mn |
| Dec 31, 2021 | 3.99 Mn |
| Sep 30, 2021 | 3.99 Mn |
| Jun 30, 2021 | 4.12 Mn |
| Mar 31, 2021 | 2.35 Mn |
| Dec 31, 2020 | 2.35 Mn |
| Sep 30, 2020 | 2.35 Mn |
| Jun 30, 2020 | 19.23 Mn |
| Mar 31, 2020 | 19.63 Mn |
| Dec 31, 2019 | 19.63 Mn |
| Sep 30, 2019 | 19.63 Mn |
| Jun 30, 2019 | 18.48 Mn |
| Mar 31, 2019 | 18.48 Mn |