Mvb Financial (MVBF) Receivables (2020 - 2022)
Mvb Financial (MVBF) recorded quarterly Receivables of $5.8 million in Q2 2022, down 62.09% on a QoQ basis from $15.3 million in Q1 2022, and down 74.94% YoY from $23.1 million in Q2 2021.
Analysis
Mvb Financial (MVBF) Receivables (2020 - 2022) Analysis & Trends
Mvb Financial (MVBF) has reported Receivables for 3 consecutive years, with $5.8 million the latest figure, recorded in Q2 2022.
- For the quarter ending Q2 2022, Receivables fell 74.94% year-over-year to $5.8 million; the trailing twelve-month figure through Jun 2022 stood at $5.8 million (down 74.94% YoY), and the FY2021 full-year result was $18.0 million, down 54.23% from the prior year.
- Receivables was $5.8 million for Q2 2022 at Mvb Financial, down from $15.3 million in the prior quarter.
- The five-year high for Receivables was $48.3 million in Q2 2020, with the low at $5.8 million in Q2 2022.
- Historically, Receivables has averaged $27.2 million across 3 years, with a median of $23.1 million in 2021.
- Annual changes were most pronounced in 2021 — Receivables slumped 48.92% — and 2022, when it plunged 74.94%.
- Tracing MVBF's Receivables over 3 years: stood at $39.4 million in 2020, then plunged by 54.23% to $18.0 million in 2021, then plunged by 67.8% to $5.8 million in 2022.
- Per Business Quant data, the three most recent Receivables figures were $5.8 million in Q2 2022, $15.3 million in Q1 2022, and $18.0 million in Q4 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (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 | - | - |
| 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 |
|---|---|
| Jun 30, 2022 | 5.80 Mn |
| Mar 31, 2022 | 15.30 Mn |
| Dec 31, 2021 | 18.01 Mn |
| Sep 30, 2021 | 20.11 Mn |
| Jun 30, 2021 | 23.14 Mn |
| Mar 31, 2021 | 35.33 Mn |
| Dec 31, 2020 | 39.36 Mn |
| Sep 30, 2020 | 39.37 Mn |
| Jun 30, 2020 | 48.26 Mn |