Mvb Financial (MVBF) Rent Expense (2010 - 2026)
Mvb Financial (MVBF) recorded quarterly Rent Expense of $1.3 million in Q2 2026, up 3.14% on a QoQ basis from $1.3 million in Q1 2026, and up 1.08% YoY from $1.3 million in Q2 2025.
Analysis
Mvb Financial (MVBF) Rent Expense (2010 - 2026) Analysis & Trends
Mvb Financial (MVBF) has reported Rent Expense for 17 consecutive years, with $1.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Rent Expense rose 1.08% year-over-year to $1.3 million; the trailing twelve-month figure through Jun 2026 stood at $5.1 million (up 9.0% YoY), and the FY2025 full-year result was $5.1 million, up 31.16% from the prior year.
- Rent Expense was $1.3 million for Q2 2026 at Mvb Financial, up from $1.3 million in the prior quarter.
- The five-year high for Rent Expense was $1.3 million in Q2 2026, with the low at $792000.0 in Q1 2023.
- Historically, Rent Expense has averaged $1.1 million across 5 years, with a median of $1.0 million in 2022.
- Annual changes were most pronounced in 2022 — Rent Expense decreased 18.65% — and 2025, when it soared 50.0%.
- Tracing MVBF's Rent Expense over 5 years: stood at $1.0 million in 2022, then fell by 13.82% to $898000.0 in 2023, then grew by 15.03% to $1.0 million in 2024, then advanced by 20.33% to $1.2 million in 2025, then increased by 5.63% to $1.3 million in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $1.3 million in Q2 2026, $1.3 million in Q1 2026, and $1.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 73.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 68.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 59.00 Mn |
| 10 | Mvb Financial | 396.05 Mn | 20.95 Mn | - | 1.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.31 Mn |
| Mar 31, 2026 | 1.27 Mn |
| Dec 31, 2025 | 1.24 Mn |
| Sep 30, 2025 | 1.26 Mn |
| Jun 30, 2025 | 1.30 Mn |
| Mar 31, 2025 | 1.30 Mn |
| Dec 31, 2024 | 1.03 Mn |
| Sep 30, 2024 | 1.04 Mn |
| Jun 30, 2024 | 949,000.00 |
| Mar 31, 2024 | 864,000.00 |
| Dec 31, 2023 | 898,000.00 |
| Sep 30, 2023 | 921,000.00 |
| Jun 30, 2023 | 1.09 Mn |
| Mar 31, 2023 | 792,000.00 |
| Dec 31, 2022 | 1.04 Mn |
| Sep 30, 2022 | 1.13 Mn |
| Jun 30, 2022 | 907,000.00 |
| Mar 31, 2022 | 972,000.00 |
| Dec 31, 2021 | 1.05 Mn |
| Sep 30, 2021 | 1.02 Mn |