Mvb Financial (MVBF) Operating Expenses (2010 - 2026)
Mvb Financial (MVBF) recorded quarterly Operating Expenses of $30.4 million in Q2 2026, up 8.17% on a QoQ basis from $28.1 million in Q1 2026, and up 6.44% YoY from $28.6 million in Q2 2025.
Analysis
Mvb Financial (MVBF) Operating Expenses (2010 - 2026) Analysis & Trends
Mvb Financial (MVBF) has reported Operating Expenses for 17 consecutive years, with $30.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 6.44% year-over-year to $30.4 million; the trailing twelve-month figure through Jun 2026 stood at $123.3 million (up 2.46% YoY), and the FY2025 full-year result was $122.1 million, changed 0.11% from the prior year.
- Operating Expenses was $30.4 million for Q2 2026 at Mvb Financial, up from $28.1 million in the prior quarter.
- The five-year high for Operating Expenses was $33.6 million in Q4 2024, with the low at $26.7 million in Q4 2022.
- Historically, Operating Expenses has averaged $29.5 million across 5 years, with a median of $28.8 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 42.58% — and 2025, when it retreated 6.35%.
- Tracing MVBF's Operating Expenses over 5 years: stood at $26.7 million in 2022, then increased by 5.83% to $28.3 million in 2023, then advanced by 18.79% to $33.6 million in 2024, then declined by 6.35% to $31.5 million in 2025, then declined by 3.42% to $30.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $30.4 million in Q2 2026, $28.1 million in Q1 2026, and $31.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 1.12 Bn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 1.22 Bn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 1.55 Bn |
| 10 | Mvb Financial | 396.05 Mn | 20.95 Mn | - | 30.41 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.41 Mn |
| Mar 31, 2026 | 28.11 Mn |
| Dec 31, 2025 | 31.49 Mn |
| Sep 30, 2025 | 33.33 Mn |
| Jun 30, 2025 | 28.57 Mn |
| Mar 31, 2025 | 28.70 Mn |
| Dec 31, 2024 | 33.62 Mn |
| Sep 30, 2024 | 29.49 Mn |
| Jun 30, 2024 | 28.93 Mn |
| Mar 31, 2024 | 30.19 Mn |
| Dec 31, 2023 | 28.30 Mn |
| Sep 30, 2023 | 30.73 Mn |
| Jun 30, 2023 | 30.28 Mn |
| Mar 31, 2023 | 28.32 Mn |
| Dec 31, 2022 | 26.74 Mn |
| Sep 30, 2022 | 28.18 Mn |
| Jun 30, 2022 | 27.97 Mn |
| Mar 31, 2022 | 27.26 Mn |
| Dec 31, 2021 | 23.46 Mn |
| Sep 30, 2021 | 25.83 Mn |