Mvb Financial (MVBF) Research & Development (2010 - 2026)
Mvb Financial (MVBF) recorded quarterly Research & Development of $1.6 million in Q2 2026, up 16.04% on a QoQ basis from $1.4 million in Q1 2026, and up 23.27% YoY from $1.3 million in Q2 2025.
Analysis
Mvb Financial (MVBF) Research & Development (2010 - 2026) Analysis & Trends
Mvb Financial (MVBF) has reported Research & Development for 17 consecutive years, with $1.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 23.27% year-over-year to $1.6 million; the trailing twelve-month figure through Jun 2026 stood at $5.8 million (up 7.98% YoY), and the FY2025 full-year result was $5.4 million, changed 0.46% from the prior year.
- Research & Development was $1.6 million for Q2 2026 at Mvb Financial, up from $1.4 million in the prior quarter.
- The five-year high for Research & Development was $2.1 million in Q2 2023, with the low at -$543000.0 in Q4 2023.
- Historically, Research & Development has averaged $1.4 million across 5 years, with a median of $1.4 million in 2022.
- Annual changes were most pronounced in 2023 — Research & Development tumbled 138.37% — and 2024, when it soared 347.33%.
- Tracing MVBF's Research & Development over 5 years: stood at $1.4 million in 2022, then sank by 138.37% to -$543000.0 in 2023, then soared by 347.33% to $1.3 million in 2024, then dropped by 3.13% to $1.3 million in 2025, then gained by 26.21% to $1.6 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $1.6 million in Q2 2026, $1.4 million in Q1 2026, and $1.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (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 | - | 250.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 326.00 Mn |
| 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 | - | 108.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | - |
| 10 | Mvb Financial | 396.05 Mn | 20.95 Mn | - | 1.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.64 Mn |
| Mar 31, 2026 | 1.42 Mn |
| Dec 31, 2025 | 1.30 Mn |
| Sep 30, 2025 | 1.46 Mn |
| Jun 30, 2025 | 1.33 Mn |
| Mar 31, 2025 | 1.36 Mn |
| Dec 31, 2024 | 1.34 Mn |
| Sep 30, 2024 | 1.36 Mn |
| Jun 30, 2024 | 1.43 Mn |
| Mar 31, 2024 | 1.55 Mn |
| Dec 31, 2023 | -543,000.00 |
| Sep 30, 2023 | 1.36 Mn |
| Jun 30, 2023 | 2.14 Mn |
| Mar 31, 2023 | 1.92 Mn |
| Dec 31, 2022 | 1.42 Mn |
| Sep 30, 2022 | 1.71 Mn |
| Jun 30, 2022 | 2.05 Mn |
| Mar 31, 2022 | 1.67 Mn |
| Dec 31, 2021 | 1.09 Mn |
| Sep 30, 2021 | 1.44 Mn |