Earnings Summary

Mvb Financial Corp’s revenue fell -10.07% since last year same period to $34.13Mn in the Q2 2023. On a quarterly growth basis, Mvb Financial Corp has generated -7.73% fall in its revenue since last 3-months.

Mvb Financial Corp’s net profit jumped 174.42% since last year same period to $8.11Mn in the Q2 2023. On a quarterly growth basis, Mvb Financial Corp has generated -28.48% fall in its net profits since last 3-months.

Mvb Financial Corp’s net profit margin jumped 205.15% since last year same period to 23.77% in the Q2 2023. On a quarterly growth basis, Mvb Financial Corp has generated -22.48% fall in its net profit margins since last 3-months.

Mvb Financial Corp’s earning per share (EPS) estimates for the current quarter stand at 0.51 - a 6.25% jump from last quarter’s estimates.

Mvb Financial Corp’s earning per share (EPS) estimates for the current year stand at 0.51.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Mvb Financial Corp’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Mvb Financial Corp’s return on equity (ROE) stands at 0.08.

Mvb Financial Corp declared 0.17 dividend per share during the earnings announcement for Q1 2023.