MVB Financial (FRA:MV6) Debt-to-Equity : 0.28 (As of Mar. 2024)

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What is MVB Financial Debt-to-Equity?

MVB Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.0 Mil. MVB Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €73.7 Mil. MVB Financial's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €268.5 Mil. MVB Financial's debt to equity for the quarter that ended in Mar. 2024 was 0.27.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for MVB Financial's Debt-to-Equity or its related term are showing as below:

FRA:MV6' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.81 Max: 1.99
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of MVB Financial was 1.99. The lowest was 0.13. And the median was 0.81.

FRA:MV6's Debt-to-Equity is ranked better than
74.32% of 1394 companies
in the Banks industry
Industry Median: 0.65 vs FRA:MV6: 0.28

MVB Financial Debt-to-Equity Historical Data

The historical data trend for MVB Financial's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MVB Financial Debt-to-Equity Chart

MVB Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.07

0.18

0.27

0.71

0.28

MVB Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.31	0.30	0.30	0.28	0.28

Competitive Comparison of MVB Financial's Debt-to-Equity

For the Banks - Regional subindustry, MVB Financial's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

MVB Financial's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, MVB Financial's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where MVB Financial's Debt-to-Equity falls into.

MVB Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MVB Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	73.659)	/	265.365
	=	0.28

MVB Financial's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	73.739)	/	268.502
	=	0.27

MVB Financial (FRA:MV6) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

MVB Financial Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of MVB Financial's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

MVB Financial (FRA:MV6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MVB Financial Corp (FRA:MV6) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MVBF:USA MV6:Germany

Address

301 Virginia Avenue, Fairmont, WV, USA, 26554

Website

https://www.mvbbanking.com

MVB Financial Corp is a bank holding company. The company provides community banking, mortgage banking, insurance and wealth management services to individuals and corporate clients in the Mid-Atlantic region. The Bank offers its customers various products, such as checking accounts, negotiable order of withdrawal (NOW) accounts, money market and savings accounts, time certificates of deposit, commercial, installment, commercial real estate and residential real estate mortgage loans, debit cards, and safe deposit rental facilities. MVB has five reportable segments: CoRe banking; mortgage banking; professional services; Edge Ventures and the financial holding company. It generates a majority of its revenues from its CoRe banking segment.

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