NASDAQ$MVBF
Mvb Financial Corp · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
MVB Financial reported net income for Q3 2023, with deposit growth, net interest margin improvement, and strategic balance sheet positioning.
MVB Financial Corp. announced its Q3 2023 financial results, reporting a net income of $3.9 million, or $0.30 basic and $0.29 diluted earnings per share. The company saw an increase in balance sheet deposits by 2.7% and a net interest margin improvement of 10 bps to 3.87%.
- Total deposits increased 2.7%, or $80.0 million, to $3.04 billion.
- Noninterest bearing deposits increased 10.8%, or $106.3 million, and represent 36% of deposits.
- Net interest margin improved by 10 bps, to 3.87%.
- Nonperforming loans decreased 22.4%, or $3.1M.
Headline financials
Revenue & EPS history
Mvb Financial · Revenue · Quarterly
$35.7M
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2023
+1.0%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+1.3%
Avg return
30 days after
47%
26 / 55 earnings
Positive
+21.4%
Q4 2015
Best reaction
-8.5%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.3% | +0.7% | +3.6% | |
| Q4 2025 | -1.7% | -0.9% | -10.5% | |
| Q3 2025 | +0.4% | -0.9% | +3.1% | |
| Q1 2025 | +3.1% | +3.8% | +10.7% | |
| Q4 2024 | +0.7% | -2.6% | -15.0% | |
| Q3 2024 | -7.3% | -7.8% | +5.3% | |
| Q2 2024 | -4.1% | -15.5% | -14.7% | |
| Q1 2024 | -8.5% | -5.7% | -9.5% | |
| Q4 2023 | +6.1% | +4.0% | -2.2% | |
| Q3 2023 | -2.2% | -2.1% | +1.3% | |
| Q2 2023 | +3.1% | +0.3% | -7.3% | |
| Q1 2023 | +9.2% | +1.8% | +8.3% | |
| Q4 2022 | +6.2% | +6.4% | -12.9% | |
| Q3 2022 | -0.9% | -1.3% | -5.7% | |
| Q2 2022 | -0.7% | +4.2% | -1.6% | |
| Q1 2022 | -0.2% | -1.3% | -8.9% | |
| Q4 2021 | +0.4% | -0.2% | +6.2% | |
| Q3 2021 | -0.1% | -1.6% | -3.1% | |
| Q2 2021 | +0.2% | -2.2% | -4.1% | |
| Q1 2021 | +1.4% | +1.9% | +5.8% | |
| Q4 2020 | +15.1% | +34.3% | +44.4% | |
| Q3 2020 | +10.0% | +10.0% | +28.8% | |
| Q2 2020 | +1.4% | +1.1% | +11.1% | |
| Q1 2020 | +11.6% | +5.5% | +17.3% | |
| Q4 2019 | +1.0% | -3.3% | -40.5% | |
| Q3 2019 | -1.0% | +0.1% | +6.6% | |
| Q2 2019 | +2.9% | -0.7% | +9.1% | |
| Q1 2019 | -0.5% | -1.3% | -4.5% | |
| Q4 2018 | -0.5% | -0.9% | -0.8% | |
| Q3 2018 | +0.8% | -2.0% | +1.0% | |
| Q2 2018 | -1.2% | -0.2% | +9.6% | |
| Q1 2018 | +0.1% | +1.2% | +2.2% | |
| Q4 2017 | +0.1% | -0.7% | -1.5% | |
| Q3 2017 | +0.2% | -1.6% | +1.8% | |
| Q2 2017 | +3.6% | +3.7% | +13.0% | |
| Q1 2017 | -0.9% | -0.9% | -0.9% | |
| Q4 2016 | +0.2% | +0.8% | -1.8% | |
| Q3 2016 | +0.0% | -0.5% | -1.9% | |
| Q2 2016 | +0.0% | +0.0% | +8.0% | |
| Q1 2016 | -5.7% | — | — | |
| Q4 2015 | +21.4% | — | — | |
| Q3 2015 | +0.0% | — | — | |
| Q2 2015 | -0.9% | — | — | |
| Q1 2015 | +0.0% | — | — | |
| Q4 2014 | -4.7% | — | — | |
| Q3 2014 | +0.0% | — | — | |
| Q2 2014 | +0.0% | — | — | |
| Q1 2014 | +0.0% | — | — | |
| Q4 2013 | -1.7% | — | — | |
| Q3 2013 | -5.4% | — | — | |
| Q2 2013 | +0.0% | — | — | |
| Q1 2013 | +2.1% | — | — | |
| Q4 2012 | +2.1% | — | — | |
| Q3 2012 | -1.3% | — | — | |
| Q2 2012 | +0.0% | — | — | |
| Q1 2012 | — | — | — | |
| Q4 2011 | — | — | — | |
| Q3 2010 | — | — | — | |
| Q3 2011 | — | — | — | |
| Q4 2010 | — | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2010 | — | — | — | |
| Q2 2011 | — | — | — | |
| Q1 2011 | — | — | — |
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