Mvb Financial Corp Income Statement

Income Statement Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 1.10M1.72M2.80M2.26M2.58M2.49M3.63M2.17M2.44M1.79M16.58M-6.28M14.19M-1.92M3.54M
Revenue 13.27M17.80M25.07M49.90M50.68M69.83M86.20M85.00M90.69M124.00M160.66M133.01M139.37M143.00M152.11M
Interest income
Interest income - Loans 13.47M16.45M19.11M23.73M31.95M40.64M50.02M51.22M62.47M74.85M73.00M75.28M116.58M159.63M153.63M
Interest income - Investments 0.47M0.53M2.94M0.87M
Interest Income - Debt Securities 1.43M1.54M2.04M1.42M1.27M0.96M1.53M2.66M3.58M3.40M6.19M5.09M8.77M10.51M8.17M
Interest Income - Deposits 0.59M0.10M0.20M0.20M0.22M0.27M0.32M0.34M0.40M0.49M0.44M0.51M1.64M21.04M21.81M
Interest Income - Total 16.29M19.01M22.25M27.52M36.17M44.10M54.12M56.60M69.76M82.36M80.45M83.43M125.96M189.82M185.84M
Interest expenses
Interest Expense - Deposits 4.40M3.85M3.87M4.00M5.56M6.25M7.75M8.29M11.63M17.44M10.29M3.98M10.48M61.66M73.11M
Interest Expense - Debt 0.08M0.08M0.09M0.08M1.14M2.20M2.23M2.24M1.76M0.77M0.26M2.19M3.07M3.22M3.23M
Interest Expense - Fed Funds 0.47M0.50M0.51M0.57M0.29M0.08M0.07M0.07M4.32M4.75M1.07M0.10M0.44M0.89M0.05M
Interest Expenses 5.47M4.90M4.93M5.19M7.51M9.22M11.13M12.30M17.71M22.96M11.63M6.27M14.15M66.53M76.64M
Interest Income - Net 10.82M14.11M17.32M22.33M28.66M34.88M42.99M44.30M52.05M59.40M68.83M77.16M111.80M123.28M109.20M
Non-interest income
Interest Income - Total 9.72M12.38M14.52M20.07M26.07M32.38M39.36M42.12M49.61M57.61M52.25M83.43M97.61M125.20M105.66M
Financial Services Fees 1.86M0.33M0.38M0.42M0.56M0.72M0.73M0.87M1.00M0.85M0.34M0.29M
Service Charges 0.66M0.66M0.73M0.67M0.68M0.65M0.76M0.77M1.68M1.98M2.82M7.52M11.65M13.78M16.30M
Investment Gain (Loss) -0.14M-0.00M-0.37M-0.03M-0.27M0.91M3.88M0.65M-1.54M0.66M
Investment Banking Income 2.22M1.55M1.41M1.04M0.54M0.20M0.52M0.33M4.18M1.66M-0.74M1.04M
Mortgage Banking 20.80M17.56M29.50M35.70M37.15M32.34M41.05M33.43M
Card Income 0.47M0.64M0.78M0.99M1.19M1.26M0.65M0.57M
Trading Income 0.09M0.83M0.64M
Other Non-Interest Income 0.52M1.19M1.79M1.53M1.31M1.40M2.56M1.50M3.27M4.56M0.99M4.72M3.62M7.84M5.48M
Non-Interest Income 2.45M3.69M7.75M27.57M22.02M34.95M43.20M40.71M38.64M64.60M91.84M55.85M27.57M19.71M42.91M
Operating Items
Amortization - Intangibles 0.81M0.92M1.49M2.24M2.72M2.23M2.42M2.38M3.31M3.96M4.57M5.24M4.24M3.56M2.71M
Depreciation & Amortization - Total 0.47M0.59M0.72M1.26M1.48M2.01M2.45M3.00M3.24M3.64M3.67M4.60M5.50M5.56M4.58M
Research & Development 0.39M0.41M0.61M2.32M2.77M4.01M4.96M5.12M3.74M4.15M5.38M4.62M6.84M6.83M6.64M
Wages, Salaries and Other 4.80M6.72M9.27M27.07M27.77M36.07M45.23M44.11M46.22M56.17M61.63M52.97M62.53M63.37M67.95M
Rent Expense 0.59M0.70M0.85M1.84M2.70M3.39M3.69M4.08M4.23M4.82M4.60M4.35M4.05M3.70M3.89M
Other Operating Expenses 7.68M10.66M14.26M44.66M6.40M1.70M58.11M58.30M61.66M74.59M17.64M10.78M93.76M101.54M107.11M
Operating Expenses 9.14M12.36M16.44M50.08M45.19M57.85M69.21M70.50M72.88M87.20M97.14M91.81M110.15M117.62M122.23M
Operating Income 1.98M1.70M0.67M3.35M
EBIT 8.50M8.61M1.98M1.70M0.67M3.35M24.49M24.63M33.08M57.98M58.57M53.75M29.18M93.83M102.99M
Non-operating items
Non Operating Investment Income 0.63M-0.00M0.68M1.47M-2.72M-0.28M1.25M17.64M-0.66M0.06M
Other Non Operating Income 0.07M
Net income details
EBT 3.03M3.71M5.83M5.00M2.90M9.49M13.36M12.33M15.38M35.01M46.94M47.48M15.03M27.29M26.34M
Tax Provisions 0.80M1.01M1.81M0.98M0.25M2.89M4.38M4.75M3.37M8.45M9.53M9.64M3.29M5.07M6.10M
Profit After Tax 2.24M2.70M4.17M4.02M2.65M6.82M12.91M7.58M12.00M26.99M37.41M39.12M15.05M31.01M20.25M
Equity Income 0.60M13.80M27.57M17.43M1.87M-2.50M1.42M
Income from Non-Controlling Interests -0.42M-0.66M-0.23M0.15M
Income from Continuing Operations 2.24M2.70M4.02M4.02M2.65M6.60M8.98M7.58M12.00M26.56M37.41M37.84M11.73M22.22M20.25M
Consolidated Net Income 2.24M2.70M4.02M4.02M-0.92M0.35M6.35M7.58M12.00M0.57M37.41M1.10M3.49M11.83M20.25M
Income towards Parent Company 2.24M2.70M4.02M4.02M-0.92M0.35M6.35M7.58M12.00M0.57M37.41M1.10M3.49M11.83M20.25M
Preferred Dividend Payments 0.04M0.14M0.09M0.33M0.57M1.13M0.50M0.49M0.48M0.46M0.04M
Net Income towards Common Stockholders 2.24M2.66M4.03M3.94M1.75M6.24M11.78M7.08M11.51M26.51M36.95M39.09M15.05M31.23M20.09M
Additional items
EPS (Basic) 1.401.240.920.590.290.781.440.691.042.263.133.321.232.461.56
EPS (Weighted Average and Diluted) 1.381.210.900.570.290.771.310.681.002.203.063.101.172.401.53
Shares Outstanding (Weighted Average) 4.49M6.91M8.08M8.06M8.08M10.44M11.54M11.82M11.79M12.04M12.61M12.74M12.94M
Shares Outstanding (Diluted Average) 8.10M8.14M10.07M10.44M12.72M12.04M12.09M12.61M12.87M13.00M13.14M
Tax Rate 26.22%27.25%31.03%19.65%8.54%30.41%32.78%38.56%21.94%24.13%20.31%20.31%21.92%18.58%23.15%