Mvb Financial (MVBF) Tax Provisions (2010 - 2026)
Mvb Financial (MVBF) recorded quarterly Tax Provisions of $3.7 million in Q2 2026, up 146.99% on a QoQ basis from $1.5 million in Q1 2026, and up 220.62% YoY from $1.2 million in Q2 2025.
Analysis
Mvb Financial (MVBF) Tax Provisions (2010 - 2026) Analysis & Trends
Mvb Financial (MVBF) has reported Tax Provisions for 17 consecutive years, with $3.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions rose 220.62% year-over-year to $3.7 million; the trailing twelve-month figure through Jun 2026 stood at $12.8 million (up 118.19% YoY), and the FY2025 full-year result was $9.9 million, up 62.78% from the prior year.
- Tax Provisions was $3.7 million for Q2 2026 at Mvb Financial, up from $1.5 million in the prior quarter.
- The five-year high for Tax Provisions was $6.3 million in Q3 2025, with the low at $184000.0 in Q3 2022.
- Historically, Tax Provisions has averaged $1.6 million across 5 years, with a median of $1.3 million in 2024.
- Annual changes were most pronounced in 2022 — Tax Provisions plunged 94.18% — and 2025, when it jumped 879.91%.
- Tracing MVBF's Tax Provisions over 5 years: stood at $1.7 million in 2022, then decreased by 17.33% to $1.4 million in 2023, then soared by 95.32% to $2.8 million in 2024, then slumped by 56.14% to $1.2 million in 2025, then surged by 204.4% to $3.7 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $3.7 million in Q2 2026, $1.5 million in Q1 2026, and $1.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -51.13 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 262.00 Mn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 235.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 245.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 165.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 168.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 148.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 139.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 219.00 Mn |
| 10 | Mvb Financial | 396.05 Mn | 20.95 Mn | - | 3.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.73 Mn |
| Mar 31, 2026 | 1.51 Mn |
| Dec 31, 2025 | 1.23 Mn |
| Sep 30, 2025 | 6.29 Mn |
| Jun 30, 2025 | 1.16 Mn |
| Mar 31, 2025 | 1.25 Mn |
| Dec 31, 2024 | 2.80 Mn |
| Sep 30, 2024 | 642,000.00 |
| Jun 30, 2024 | 1.38 Mn |
| Mar 31, 2024 | 1.28 Mn |
| Dec 31, 2023 | 1.43 Mn |
| Sep 30, 2023 | 1.22 Mn |
| Jun 30, 2023 | 1.96 Mn |
| Mar 31, 2023 | 465,000.00 |
| Dec 31, 2022 | 1.73 Mn |
| Sep 30, 2022 | 184,000.00 |
| Jun 30, 2022 | 699,000.00 |
| Mar 31, 2022 | 680,000.00 |
| Dec 31, 2021 | 2.64 Mn |
| Sep 30, 2021 | 3.16 Mn |