Mvb Financial (MVBF) Mortgage Banking (2014 - 2020)
Mvb Financial's (MVBF) quarterly Mortgage Banking came in at $7.3 million in Q3 2020, down 36.81% YoY from $11.5 million in Q4 2019, and down 51.39% on a QoQ basis from $14.9 million in Q2 2020.
Mvb Financial (MVBF) Mortgage Banking (2014 - 2020) Analysis & Trends
Mvb Financial (MVBF) has 7 years of Mortgage Banking data on file, last reported at $7.3 million in Q3 2020.
- Quarterly Mortgage Banking fell 36.81% year-over-year to $7.3 million in Q3 2020, while the trailing twelve-month figure through Jun 2021 was $7.3 million (down 85.67% YoY) and the FY2020 annual result came in at $33.4 million, down 18.56% from the prior year.
- Mortgage Banking fell to $7.3 million in Q3 2020, from $14.9 million in the prior quarter.
- In the past five years, Mortgage Banking ranged from a high of $28.6 million in Q3 2017 to a low of $6.6 million in Q1 2018.
- A 5-year average of $11.3 million and a median of $9.1 million in 2018 frame the typical range for Mortgage Banking.
- Annual changes were most pronounced in 2018 — Mortgage Banking tumbled 68.51% — and 2019, when it jumped 69.78%.
- Tracing MVBF's Mortgage Banking over 5 years: stood at $8.8 million in 2016, then decreased by 3.15% to $8.5 million in 2017, then slipped by 10.29% to $7.7 million in 2018, then surged by 69.78% to $13.0 million in 2019, then slumped by 44.19% to $7.3 million in 2020.
- The last three Mortgage Banking figures came in at $7.3 million (Q3 2020), $14.9 million (Q2 2020), and $11.2 million (Q1 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.89 Bn | 97.89 Bn | - |
| 3 | Us Bancorp | 96.43 Bn | 96.43 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.94 Bn | -144.15 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.25 Bn | -81.06 Bn | - |
| 7 | Nu Holdings | 70.39 Bn | 56.71 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.73 Bn | 61.73 Bn | - |
| 9 | Fifth Third Bancorp | 49.91 Bn | 26.19 Bn | - |
| 10 | Mvb Financial | 391.89 Mn | 16.79 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2020 | 7.26 Mn |
| Jun 30, 2020 | 14.94 Mn |
| Mar 31, 2020 | 11.22 Mn |
| Dec 31, 2019 | 13.02 Mn |
| Sep 30, 2019 | 11.50 Mn |
| Jun 30, 2019 | 9.86 Mn |
| Mar 31, 2019 | 6.67 Mn |
| Dec 31, 2018 | 7.67 Mn |
| Sep 30, 2018 | 9.01 Mn |
| Jun 30, 2018 | 9.06 Mn |
| Mar 31, 2018 | 6.56 Mn |
| Dec 31, 2017 | 8.55 Mn |
| Sep 30, 2017 | 28.60 Mn |
| Jun 30, 2017 | 8.95 Mn |
| Mar 31, 2017 | 9.63 Mn |
| Dec 31, 2016 | 8.82 Mn |
| Sep 30, 2016 | 26.85 Mn |
| Jun 30, 2016 | 9.40 Mn |
| Mar 31, 2016 | 6.79 Mn |
| Dec 31, 2015 | 5.62 Mn |