Mvb Financial (MVBF) Goodwill & Intangibles (2011 - 2023)
Mvb Financial (MVBF) recorded quarterly Goodwill & Intangibles of $3.4 million in Q4 2023, up 21.14% on a QoQ basis from $2.8 million in Q3 2023, and down 55.97% YoY from $7.8 million in Q4 2022.
Analysis
Mvb Financial (MVBF) Goodwill & Intangibles (2011 - 2023) Analysis & Trends
Mvb Financial (MVBF) has reported Goodwill & Intangibles for 13 consecutive years, with $3.4 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Goodwill & Intangibles fell 55.97% year-over-year to $3.4 million; the trailing twelve-month figure through Dec 2023 stood at $3.4 million (down 55.97% YoY), and the FY2023 full-year result was $3.4 million, down 55.97% from the prior year.
- Goodwill & Intangibles was $3.4 million for Q4 2023 at Mvb Financial, up from $2.8 million in the prior quarter.
- The five-year high for Goodwill & Intangibles was $19.6 million in Q3 2019, with the low at $2.4 million in Q3 2020.
- Historically, Goodwill & Intangibles has averaged $8.7 million across 5 years, with a median of $4.1 million in 2021.
- Annual changes were most pronounced in 2020 — Goodwill & Intangibles slumped 88.03% — and 2021, when it surged 69.7%.
- Tracing MVBF's Goodwill & Intangibles over 5 years: stood at $19.6 million in 2019, then sank by 67.95% to $6.3 million in 2020, then gained by 24.11% to $7.8 million in 2021, then changed by 0.0% to $7.8 million in 2022, then tumbled by 55.97% to $3.4 million in 2023.
- Per Business Quant data, the three most recent Goodwill & Intangibles figures were $3.4 million in Q4 2023, $2.8 million in Q3 2023, and $2.8 million in Q2 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn |
| 10 | Mvb Financial | 396.05 Mn | 20.95 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 3.44 Mn |
| Sep 30, 2023 | 2.84 Mn |
| Jun 30, 2023 | 2.84 Mn |
| Mar 31, 2023 | 2.84 Mn |
| Dec 31, 2022 | 7.81 Mn |
| Sep 30, 2022 | 3.99 Mn |
| Jun 30, 2022 | 3.99 Mn |
| Mar 31, 2022 | 3.99 Mn |
| Dec 31, 2021 | 7.81 Mn |
| Sep 30, 2021 | 3.99 Mn |
| Jun 30, 2021 | 4.12 Mn |
| Mar 31, 2021 | 2.35 Mn |
| Dec 31, 2020 | 6.29 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 |