MVB Financial (MVB Financial) Net Margin % : 20.83% (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is MVB Financial Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. MVB Financial's Net Income for the three months ended in Dec. 2023 was $7.9 Mil. MVB Financial's Revenue for the three months ended in Dec. 2023 was $38.0 Mil. Therefore, MVB Financial's net margin for the quarter that ended in Dec. 2023 was 20.83%.

The historical rank and industry rank for MVB Financial's Net Margin % or its related term are showing as below:

MVBF' s Net Margin % Range Over the Past 10 Years
Min: 4.32 Med: 14.68 Max: 37.33
Current: 21.32

MVBF's Net Margin % is ranked worse than
63.85% of 1458 companies
in the Banks industry
Industry Median: 25.41 vs MVBF: 21.32

MVB Financial Net Margin % Historical Data

The historical data trend for MVB Financial's Net Margin % 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.

* Premium members only.

MVB Financial Net Margin % Chart

MVB Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

Get a 7-Day Free Trial

22.31

31.95

37.33

10.89

21.32

MVB Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															17.01	30.66	23.10	10.62	20.83

Competitive Comparison of MVB Financial's Net Margin %

For the Banks - Regional subindustry, MVB Financial's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, MVB Financial's Net Margin % distribution charts can be found below:

* The bar in red indicates where MVB Financial's Net Margin % falls into.

MVB Financial Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

MVB Financial's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	31.232	/	146.483
	=	21.32 %

MVB Financial's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	7.911	/	37.974
	=	20.83 %

MVB Financial (NAS:MVBF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

MVB Financial Net Margin % Related Terms

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

MVB Financial (MVB Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MVB Financial Corp (NAS:MVBF) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

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.

Executives

Michael Louis Giorgio	officer: Chief Information Officer	240 E SHORE RD, APT 244, GREAT NECK NY 11023
W Marston Becker	director	C/O ALTERRA HOUSE, 2 FRONT STREET, HAMILTON D0 HM11
Jan Lynn Owen	director	3050 BASTONE COURT, WEST SACRAMENTO CA 95691
Donald T Robinson	officer: Executive VP & COO	2400 CRANBERRY SQUARE, 2ND FLOOR, MORGANTOWN WV 26508
Lindsay Anne Slader	director	2709 WILLIAM ST., VANCOUVER A1 V5K 2Y7
J Christopher Pallotta	director
Anna Jane Sainsbury	director	2954 MARINE DR., WEST VANCOUVER A1 V7V 1M2
Kelly R Nelson	director	301 VIRGINIA AVENUE, FAIRMONT WV 26554-2777
Cheryl Spielman	director	5662 VINTAGE OAKS CIRCLE, DELRAY BEACH FL 33484
John Charles Marion	officer: Chief Risk Officer	303 BELMONT COURT, MULLICA HILL NJ 08062
Craig Bradley Greathouse	officer: Chief People & Culture Officer	3000 SWISS PINE WAY, SUITE 100, MORGANTOWN WV 26501
Cava James J Jr	director	301 VIRGINIA AVE, FAIRMONT WV 26554
Dean Harry E Iii	director	12120 SUNSET HILLS RD, SUITE 650, RESTON VA 26508
Daniel W Holt	director	1115 TOWN CENTER DR., FORT COLLINS CO 80524
David Alan Jones	officer: EVP/ Chief Credit & Risk Ofcr	301 VIRGINIA AVE, FAIRMONT WV 26554