Mvb Financial (MVBF) Loans - Loss Allowance: 2014-2024
Historic Loans - Loss Allowance for Mvb Financial (MVBF) over the last 11 years, with Dec 2024 value amounting to $19.7 million.
- Mvb Financial's Loans - Loss Allowance rose 8.48% to $23.3 million in Q3 2025 from the same period last year, while for Sep 2025 it was $23.3 million, marking a year-over-year increase of 8.48%. This contributed to the annual value of $19.7 million for FY2024, which is 11.12% down from last year.
- Per Mvb Financial's latest filing, its Loans - Loss Allowance stood at $19.7 million for FY2024, which was down 11.12% from $22.1 million recorded in FY2023.
- Over the past 5 years, Mvb Financial's Loans - Loss Allowance peaked at $25.8 million during FY2020, and registered a low of $18.3 million during FY2021.
- Its 3-year average for Loans - Loss Allowance is $21.9 million, with a median of $22.1 million in 2023.
- In the last 5 years, Mvb Financial's Loans - Loss Allowance skyrocketed by 119.48% in 2020 and then decreased by 29.32% in 2021.
- Mvb Financial's Loans - Loss Allowance (Yearly) stood at $25.8 million in 2020, then dropped by 29.32% to $18.3 million in 2021, then skyrocketed by 30.50% to $23.8 million in 2022, then fell by 7.19% to $22.1 million in 2023, then declined by 11.12% to $19.7 million in 2024.