Name | Value |
---|---|
Revenues | 34.1M |
Cost of Revenue | 0.0M |
Gross Profit | 34.1M |
Operating Expense | -24.1M |
Operating I/L | 10.1M |
Other Income/Expense | -4.8M |
Interest Income | 47.0M |
Pretax | 10.0M |
Income Tax Expense | 2.0M |
Net Income/Loss | 8.1M |
MVB Financial Corp. provides financial services to individuals and corporate clients in the Mid-Atlantic region and internationally. The company operates through three segments: CoRe Banking, Mortgage Banking, and Financial Holding Company. It offers a range of deposit accounts, loans, lines of credit, debit cards, and financial technology (Fintech) banking services. Additionally, the company provides title insurance, regulatory compliance services, risk management solutions, fraud prevention services, and consulting for online and mobile banking platforms. MVB Financial Corp. generates revenue through interest income from loans and deposits, fees from financial services, and consulting and software development services.