← MVB FINANCIAL CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $12.9m |
$7.6m
-41.33%
|
$12.0m
+58.46%
|
$27.0m
+124.87%
|
$37.4m
+38.61%
|
$39.1m
+4.57%
|
$15.0m
-61.54%
|
$31.2m
+107.56%
|
$20.1m
-35.67%
|
$26.9m
+34.09%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $11.8m |
$7.1m
-39.94%
|
$11.5m
+62.70%
|
$26.5m
+130.26%
|
$37.0m
+39.37%
|
$39.1m
+5.78%
|
$15.0m
-61.50%
|
$31.2m
+107.56%
|
$20.1m
-35.67%
|
$26.9m
+34.09%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | $38.7m | $14.4m | $31.0m | $20.2m | $26.9m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | ($425k) | ($660k) | ($226k) | $154k | ($18k) | — | |
| Depreciation, Depletion and Amortization | $3.4m | $2.7m | $2.9m | $3.3m | $3.3m | $4.2m | $5.3m | $5.0m | $3.9m | $2.6m | $1.9m | |
| Amortization of Intangible Assets | — | — | — | $297k | $1.2m | $684k | $685k | $192k | $90k | $8k | — | |
| Depreciation | $2.0m | $2.6m | $2.8m | $3.0m | $3.0m | $3.3m | $4.4m | $4.6m | $3.8m | $2.6m | $5.0m | |
| Amortization Of Securities | — | — | — | — | — | — | $2.6m | $2.1m | $1.9m | $196k | ($1.2m) | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $5.3m | $5.0m | $3.9m | $2.6m | $1.9m | |
| Deferred Income Tax Expense (Benefit) | $707k | $1.3m | $139k | ($4.0m) | ($3.4m) | $6.1m | ($3.6m) | $97k | $2.2m | ($390k) | $1.8m | |
| Deferred Tax | — | — | — | — | — | — | ($3.6m) | $97k | $2.2m | ($390k) | $1.8m | |
| Share-based Payment Arrangement, Noncash Expense | $568k | $813k | $1.3m | $1.8m | $2.4m | $2.6m | $2.8m | $2.7m | $2.9m | $3.8m | $3.7m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | $249k | $670k | $846k | $443k | $458k | — | |
| Share-based Payment Arrangement, Expense | — | — | $1.3m | $1.8m | $2.4m | $2.6m | $2.8m | $2.7m | $2.9m | $3.8m | $3.7m | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | — | — | — | — | — | $1.9m | $0 | $0 | — | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | $27.6m | $17.4m | ($713k) | ($2.5m) | $1.4m | $8.2m | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | $9.0m | $3.2m | ($553k) | ($8.2m) | ($8.4m) | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | — | — | — | — | $24 | $17 | ($1) | ($2) | $1 | $8 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($14.9m) | ($4.5m) | ($21.4m) | $981k | ($42.5m) | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | — | ($1.9m) | $3.5m | $8.7m | — | |
| Increase (Decrease) in Other Operating Assets | — | — | — | — | $27.3m | $1.5m | $2.4m | $6.9m | $22.0m | ($767k) | — | |
| Increase (Decrease) in Other Operating Liabilities | — | — | — | — | — | — | ($12.4m) | $1.7m | $267k | $214k | — | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | — | $1.4m | $47k | $170k | ($160k) | ($179k) | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($2.4m) | ($6.2m) | ($21.6m) | $767k | ($25.7m) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($12.4m) | $1.7m | $267k | $214k | ($16.8m) | |
| Net Cash Provided by (Used in) Operating Activities | $25.3m |
$33.1m
+31.10%
|
$6.7m
-79.79%
|
($8.1m)
-220.44%
|
$112.2m
+1492.15%
|
$34.8m
-68.98%
|
$65.2m
+87.22%
|
$58.2m
-10.66%
|
($285k)
-100.49%
|
$4.0m
+1513.33%
|
($35.7m)
-985.35%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $1.7m | $4.5m | $2.7m | $2.0m | $6.6m | $4.9m | $3.0m | $1.9m | $1.6m | $1.9m | ($1.9m) | |
| Equipment Expense | $2.5m | $3.0m | $3.2m | $3.6m | $3.7m | $4.6m | $5.6m | $5.6m | $4.6m | $3.3m | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $17.8m | $19.0m | $25.7m | $33.6m | $64.5m | $49.2m | $21.0m | $76.6m | $17.4m | $126.9m | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | — | — | $650k | ($1.5m) | $658k | ($7.4m) | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | ($9.6m) | $47.5m | ($11.8m) | ($2.4m) | $18.8m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | $2.7m | ($57.3m) | $772k | $0 | $0 | — | — | $0 | |
| Net Other Investing Changes | — | — | — | — | — | — | ($6.7m) | ($3.4m) | $17.5m | ($7.9m) | ($9.1m) | |
| Net Cash Provided by (Used in) Investing Activities | — | — | — | ($120.1m) | ($294.1m) | ($572.0m) | ($629.0m) | $88.2m | $144.5m | ($208.6m) | ($328.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Debt and Equity Securities, Gain (Loss) | — | — | ($25k) | ($271k) | ($34k) | ($69k) | — | — | — | — | — | |
| Issuance Of Debt | — | — | — | — | — | $30.0m | $112.3m | $0 | $0 | — | $0 | |
| Long Term Debt Issuance | — | — | — | — | — | $30.0m | $112.3m | $0 | $0 | — | $0 | |
| Long Term Debt Payments | — | — | — | — | — | — | ($248k) | ($105.4m) | ($6.8m) | $0 | ($40.0m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $112.1m | ($105.4m) | ($6.8m) | $0 | ($20.0m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $112.1m | ($105.4m) | ($6.8m) | $0 | ($20.0m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($248k) | ($105.4m) | ($6.8m) | $0 | ($40.0m) | |
| Payments for Repurchase of Common Stock | — | — | — | — | $15.7m | $0 | $0 | — | — | $10.2m | — | |
| Payments of Ordinary Dividends, Common Stock | $1 | $1 | $1 | $2 | $4 | $6 | $8 | $9 | $9 | $9 | ($8.6m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($8.4m) | ($8.6m) | ($8.8m) | ($8.7m) | ($8.6m) | |
| Common Stock Issuance | — | — | — | — | — | $500k | $0 | $0 | $0 | ($10.2m) | — | |
| Common Stock Payments | — | — | — | — | — | — | $0 | $0 | $0 | ($10.2m) | ($5.0m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $500k | $0 | $0 | — | — | — | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | $0 | $0 | ($10.2m) | ($5.0m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($8.4m) | ($8.6m) | ($8.8m) | ($8.7m) | ($8.6m) | |
| Preferred Stock Dividend Paid | — | — | — | — | — | ($35k) | $0 | $0 | — | — | — | |
| Net Other Financing Charges | — | — | — | — | — | ($552k) | ($41k) | ($100k) | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | — | — | — | $133.9m |
$417.8m
+212.00%
|
$580.7m
+39.00%
|
$296.6m
-48.92%
|
$211.5m
-28.71%
|
($224.5m)
-206.16%
|
$130.8m
+158.26%
|
$277.3m
+112.04%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $5.8m | $235.9m | $43.5m | ($267.2m) | $357.9m | ($80.3m) | ($73.8m) | $312.6m | |
| Beginning Cash Position | — | — | — | — | — | — | $307.4m | $40.3m | $398.2m | $317.9m | $399.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $28.0m | $263.9m | $307.4m | $40.3m | $398.2m | $317.9m | $244.1m | $312.6m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | $3.6m | $2.2m | $2.4m | $1.8m | — | — | — | — | — | — | $13.1m | |
| Bank Owned Life Insurance Income | $638k | $646k | $1.2m | $1.2m | $888k | $995k | $975k | $1.0m | $1.2m | $1.5m | — | |
| Gain (Loss) on Sales of Loans, Net | $1.0m | $538k | $198k | $520k | $332k | $4.2m | $1.7m | ($744k) | $1.0m | ($149k) | — | |
| Proceeds from Stock Options Exercised | $32k | ($10k) | $2.1m | $2.2m | $4.5m | $4.9m | $2.1m | $637k | $1.5m | $2.3m | — | |
| Parent Company | $646k | $1.0m | $1.2m | $2.3m | $4.3m | $6.0m | $8.4m | $8.6m | $8.8m | $8.7m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $17.3m | $23.0m | $12.3m | $6.2m | $12.3m | $66.7m | $73.2m | $71.5m | — | |
| Income Taxes Paid, Net | — | — | $191k | $4.0m | $12.0m | $12.0m | $2.3m | $13.1m | $924k | $17.5m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | — | — | ($6.1m) | $6.0m | ($889k) | — | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | — | — | — | — | — | — | $600k | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | ($7k) | $3.5m | $5k | ($56k) | ($269k) | $103k | $118k | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | $590k | $13.8m | $374k | $3.8m | ($1.5m) | $146k | $1.2m | $8.0m | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | $1.5m | ($2.7m) | ($278k) | $1.3m | $2.3m | $0 | $0 | ($659k) | $60k | ($466k) | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | $17.6m | $10.8m | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | — | — | — | $34.9m | — | |
| Goodwill | $18.5m | $18.5m | $18.5m | $19.6m | $2.4m | $4.0m | $4.0m | $2.8m | $2.8m | $1.2m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $9.0m | $7.6m | $12.0m | $26.6m | $37.4m | $38.7m | $14.4m | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | $14.4m | $22.2m | $20.2m | $26.9m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | $8.8m | $0 | $0 | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $3.9m | $0 | $0 | $427k | $0 | $0 | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $4.4m | $4.8m | $3.4m | $8.4m | $9.5m | $9.9m | $4.1m | $5.1m | $6.1m | $9.9m | — | |
| Operating Expenses | $84.0m | $85.0m | — | — | — | — | — | — | — | — | — | |
| Pension Cost (Reversal of Cost) | $273k | $256k | $286k | $256k | $300k | $300k | $300k | ($100k) | — | — | — | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | $500k | $0 | $0 | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $16.5m | ($6.9m) | $14.2m | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $296.6m | $211.5m | ($224.5m) | $130.8m | $277.3m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($571.1m) | $88.2m | $144.5m | ($208.6m) | ($328.4m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($267.2m) | $357.9m | ($80.3m) | ($73.8m) | — | |
| Changes In Cash | — | — | — | — | — | — | ($267.2m) | $357.9m | ($80.3m) | ($73.8m) | ($86.8m) | |
| End Cash Position | — | — | — | — | — | — | $40.3m | $398.2m | $317.9m | $244.1m | $312.6m | |
| Financing Cash Flow | — | — | — | — | — | — | $296.6m |
$211.5m
-28.71%
|
($224.5m)
-206.16%
|
$130.8m
+158.26%
|
$277.3m
+112.04%
|
|
| Free Cash Flow | — | — | — | — | — | — | $4.3m | $56.3m | ($1.9m) | $2.1m | ($37.6m) | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $949k | $1.7m | ($1.9m) | $3.7m | ($8.8m) | |
| Gain Loss On Sale Of Business | — | — | — | — | — | $0 | $0 | ($11.8m) | — | — | — | |
| Investing Cash Flow | — | — | — | — | — | — | ($571.1m) | $88.2m | $144.5m | ($208.6m) | ($328.4m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $0 | ($8k) | $0 | $45.7m | $42.3m | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($49.5m) | $39.1m | ($72.2m) | $6.3m | ($29.9m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($3.0m) | ($1.5m) | ($1.6m) | ($1.7m) | ($1.9m) | |
| Net Preferred Stock Issuance | — | — | — | — | — | ($7.3m) | $0 | $0 | — | — | — | |
| Operating Gains Losses | — | — | — | — | — | — | $6.4m | $5.6m | ($15.2m) | ($4.3m) | ($16.5m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($22.8m) | $16.9m | ($151k) | ($36.0m) | — | |
| Preferred Stock Payments | — | — | — | — | — | ($7.3m) | $0 | $0 | — | — | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $1.4m | ($209k) | $1.0m | $1.8m | $3.5m | |
| Purchase Of Business | — | — | — | — | — | ($96.3m) | $0 | ($8k) | $0 | — | $0 | |
| Purchase Of Investment | — | — | — | — | — | — | ($132.5m) | ($92.6m) | ($114.1m) | ($217.0m) | ($193.2m) | |
| Purchase Of PPE | $1.7m | $4.5m | $2.7m | $2.0m | $6.6m | $4.9m | ($3.0m) | ($1.9m) | ($1.6m) | ($1.9m) | ($1.9m) | |
| Sale Of Investment | — | — | — | — | — | — | $83.0m | $131.7m | $41.8m | $223.3m | $163.3m | |
| Sale Of PPE | — | — | — | — | — | — | $49k | $425k | $0 | $214k | $64k | |
| Stock Based Compensation | — | — | — | — | — | — | $3.2m | $2.7m | $2.9m | $3.8m | $3.7m |