MVB Financial Past Earnings Performance
Past criteria checks 1/6
MVB Financial's earnings have been declining at an average annual rate of -10.7%, while the Banks industry saw earnings growing at 17.4% annually. Revenues have been growing at an average rate of 3.6% per year. MVB Financial's return on equity is 6.2%, and it has net margins of 13.2%.
Key information
-10.7%
Earnings growth rate
-12.5%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 3.6% |
| Return on equity | 6.2% |
| Net Margin | 13.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How MVB Financial makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 140 | 19 | 106 | 0 |
| 30 Jun 24 | 144 | 20 | 106 | 0 |
| 31 Mar 24 | 150 | 24 | 105 | 0 |
| 31 Dec 23 | 145 | 22 | 103 | 0 |
| 30 Sep 23 | 141 | 20 | 101 | 0 |
| 30 Jun 23 | 136 | 19 | 99 | 0 |
| 31 Mar 23 | 127 | 13 | 99 | 0 |
| 31 Dec 22 | 125 | 12 | 99 | 0 |
| 30 Sep 22 | 133 | 16 | 102 | 0 |
| 30 Jun 22 | 132 | 26 | 101 | 0 |
| 31 Mar 22 | 136 | 33 | 96 | 0 |
| 31 Dec 21 | 129 | 38 | 85 | 0 |
| 30 Sep 21 | 124 | 41 | 82 | 0 |
| 30 Jun 21 | 121 | 35 | 74 | 0 |
| 31 Mar 21 | 130 | 44 | 84 | 0 |
| 31 Dec 20 | 126 | 37 | 87 | 0 |
| 30 Sep 20 | 126 | 29 | 92 | 0 |
| 30 Jun 20 | 128 | 27 | 97 | 0 |
| 31 Mar 20 | 126 | 24 | 85 | 0 |
| 31 Dec 19 | 122 | 26 | 79 | 0 |
| 30 Sep 19 | 114 | 25 | 74 | 0 |
| 30 Jun 19 | 108 | 24 | 69 | 0 |
| 31 Mar 19 | 91 | 12 | 67 | 0 |
| 31 Dec 18 | 88 | 12 | 65 | 0 |
| 30 Sep 18 | 86 | 10 | 65 | 0 |
| 30 Jun 18 | 85 | 9 | 65 | 0 |
| 31 Mar 18 | 84 | 8 | 64 | 0 |
| 31 Dec 17 | 82 | 7 | 64 | 0 |
| 30 Sep 17 | 82 | 8 | 63 | 0 |
| 30 Jun 17 | 83 | 8 | 64 | 0 |
| 31 Mar 17 | 82 | 8 | 63 | 0 |
| 31 Dec 16 | 83 | 8 | 63 | 0 |
| 30 Sep 16 | 79 | 7 | 60 | 0 |
| 30 Jun 16 | 73 | 6 | 57 | 0 |
| 31 Mar 16 | 69 | 6 | 53 | 0 |
| 31 Dec 15 | 67 | 6 | 52 | 0 |
| 30 Sep 15 | 64 | 4 | 52 | 0 |
| 30 Jun 15 | 60 | 3 | 49 | 0 |
| 31 Mar 15 | 56 | 2 | 47 | 0 |
| 31 Dec 14 | 48 | 2 | 40 | 0 |
| 30 Sep 14 | 50 | 3 | 40 | 0 |
| 30 Jun 14 | 49 | 3 | 39 | 0 |
| 31 Mar 14 | 49 | 4 | 37 | 0 |
| 31 Dec 13 | 48 | 4 | 38 | 0 |
Quality Earnings: MV6 has high quality earnings.
Growing Profit Margin: MV6's current net profit margins (13.2%) are lower than last year (14.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MV6's earnings have declined by 10.7% per year over the past 5 years.
Accelerating Growth: MV6's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MV6 had negative earnings growth (-9%) over the past year, making it difficult to compare to the Banks industry average (13.2%).
Return on Equity
High ROE: MV6's Return on Equity (6.2%) is considered low.