Financial Statements

MVB Financial Corp. (MVBF)

$37.96

+0.43 (+1.15%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 105724837-
Net Income 393727128
Stock Dividends -144--131
Dividend Paid --5-3-2-2
Retained Earnings -105724837

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 26222727-
Annual Depreciation -111-3331
Capital Expenditure --7-2-3-4
Net PPE 2526222727

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -1818202
New Purchases -139-33-72-280-
Intangible and Goodwill 18182024

MVB Financial Corp. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes MVB Financial Corp. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.