Mvb Financial (MVBF) Mortgage Banking (2014 - 2020)

Mvb Financial (MVBF) has reported Mortgage Banking for 7 consecutive years, with $7.3 million the latest figure, recorded in Q3 2020.

• For the quarter ending Q3 2020, Mortgage Banking fell 36.81% year-over-year to $7.3 million; the trailing twelve-month figure through Jun 2021 stood at $7.3 million (down 85.67% YoY), and the FY2020 full-year result was $33.4 million, down 18.56% from the prior year.
• Mortgage Banking was $7.3 million for Q3 2020 at Mvb Financial, down from $14.9 million in the prior quarter.
• The five-year high for Mortgage Banking was $28.6 million in Q3 2017, with the low at $6.6 million in Q1 2018.
• Historically, Mortgage Banking has averaged $13.3 million across 5 years, with a median of $11.2 million in 2020.
• Annual changes were most pronounced in 2016 — Mortgage Banking jumped 87.79% — and 2019, when it sank 53.33%.
• Tracing MVBF's Mortgage Banking over 5 years: stood at $8.8 million in 2016, then slipped by 3.45% to $8.5 million in 2017, then declined by 9.85% to $7.7 million in 2018, then jumped by 68.96% to $13.0 million in 2019, then plunged by 44.19% to $7.3 million in 2020.
• Per Business Quant data, the three most recent Mortgage Banking figures were $7.3 million in Q3 2020, $14.9 million in Q2 2020, and $11.2 million in Q1 2020.