Mvb Financial (MVBF) Rent Expense (2010 - 2026)
Mvb Financial's (MVBF) quarterly Rent Expense came in at $1.3 million in Q1 2026, down 1.77% YoY from $1.3 million in Q1 2025, and up 2.41% on a QoQ basis from $1.2 million in Q4 2025.
Mvb Financial (MVBF) Rent Expense (2010 - 2026) Analysis & Trends
Mvb Financial (MVBF) has 17 years of Rent Expense data on file, last reported at $1.3 million in Q1 2026.
- Quarterly Rent Expense fell 1.77% year-over-year to $1.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.1 million (up 17.5% YoY) and the FY2025 annual result came in at $5.1 million, up 31.16% from the prior year.
- Rent Expense improved to $1.3 million in Q1 2026, from $1.2 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $1.3 million in Q2 2025 to a low of $792000.0 in Q1 2023.
- A 5-year average of $1.1 million and a median of $1.0 million in 2024 frame the typical range for Rent Expense.
- Annual changes were most pronounced in 2022 — Rent Expense slipped 18.65% — and 2025, when it jumped 50.0%.
- Tracing MVBF's Rent Expense over 5 years: stood at $1.0 million in 2022, then dropped by 13.82% to $898000.0 in 2023, then advanced by 15.03% to $1.0 million in 2024, then rose by 20.33% to $1.2 million in 2025, then grew by 2.41% to $1.3 million in 2026.
- The last three Rent Expense figures came in at $1.3 million (Q1 2026), $1.2 million (Q4 2025), and $1.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.84 Bn | 84.64 Bn | - | - |
| 2 | Pnc Financial Services | 97.68 Bn | 97.68 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 95.83 Bn | 95.83 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.70 Bn | -144.39 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.87 Bn | -81.44 Bn | - | - |
| 7 | Nu Holdings | 70.95 Bn | 57.26 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.54 Bn | 61.54 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.53 Bn | 25.81 Bn | - | 154.00 Mn |
| 10 | Mvb Financial | 393.69 Mn | 18.59 Mn | - | 1.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.31 Mn |
| Jun 30, 2026 | 1.31 Mn |
| Mar 31, 2026 | 1.27 Mn |
| Mar 31, 2026 | 1.27 Mn |
| Dec 31, 2025 | 1.24 Mn |
| Dec 31, 2025 | 1.24 Mn |
| Sep 30, 2025 | 1.26 Mn |
| Sep 30, 2025 | 1.26 Mn |
| Jun 30, 2025 | 1.30 Mn |
| Jun 30, 2025 | 1.30 Mn |
| Mar 31, 2025 | 1.30 Mn |
| Mar 31, 2025 | 1.30 Mn |
| Dec 31, 2024 | 1.03 Mn |
| Dec 31, 2024 | 1.03 Mn |
| Sep 30, 2024 | 1.04 Mn |
| Sep 30, 2024 | 1.04 Mn |
| Jun 30, 2024 | 949,000.00 |
| Jun 30, 2024 | 949,000.00 |
| Mar 31, 2024 | 864,000.00 |
| Mar 31, 2024 | 864,000.00 |