Mvb Financial (MVBF) Income from Discontinued Operations (2015 - 2023)
Mvb Financial (MVBF) recorded quarterly Income from Discontinued Operations of $11.8 million in Q1 2023, up 1232.32% on a QoQ basis from $888000.0 in Q4 2022, and up 1099.9% YoY from $986000.0 in Q1 2022.
Powered by 
Analysis
Mvb Financial (MVBF) Income from Discontinued Operations (2015 - 2023) Analysis & Trends
Mvb Financial (MVBF) has reported Income from Discontinued Operations for 5 consecutive years, with $11.8 million the latest figure, recorded in Q1 2023.
- For the quarter ending Q1 2023, Income from Discontinued Operations rose 1099.9% year-over-year to $11.8 million; the trailing twelve-month figure through Dec 2023 stood at $11.8 million (up 239.29% YoY), and the FY2023 full-year result was $11.8 million, up 239.29% from the prior year.
- Income from Discontinued Operations was $11.8 million for Q1 2023 at Mvb Financial, up from $888000.0 in the prior quarter.
- The five-year high for Income from Discontinued Operations was $11.8 million in Q1 2023, with the low at -$25000.0 in Q3 2019.
- Historically, Income from Discontinued Operations has averaged $2.3 million across 3 years, with a median of $888000.0 in 2022.
- On a YoY basis, Income from Discontinued Operations climbed as much as 1099.9% in 2023 and fell as far as 1099.9% in 2023.
- Tracing MVBF's Income from Discontinued Operations over 3 years: stood at -$25000.0 in 2019, then jumped by 3652.0% to $888000.0 in 2022, then jumped by 1232.32% to $11.8 million in 2023.
- Per Business Quant data, the three most recent Income from Discontinued Operations figures were $11.8 million in Q1 2023, $888000.0 in Q4 2022, and $935000.0 in Q3 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Discontinued) (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 | - | 1.00 Mn |
| 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 |
|---|---|
| Mar 31, 2023 | 11.83 Mn |
| Dec 31, 2022 | 888,000.00 |
| Sep 30, 2022 | 935,000.00 |
| Jun 30, 2022 | 678,000.00 |
| Mar 31, 2022 | 986,000.00 |
| Sep 30, 2019 | -25,000.00 |
| Jun 30, 2019 | 600,000.00 |
| Jun 30, 2016 | 6.52 Mn |
| Mar 31, 2016 | -79,000.00 |
| Dec 31, 2015 | 245,000.00 |
| Sep 30, 2015 | -167,000.00 |
| Jun 30, 2015 | -279,000.00 |