MVB Financial (STU:MV6) Total Deposits : €2,893.7 Mil (As of Mar. 2024)

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What is MVB Financial Total Deposits?

MVB Financial's annual total deposits increased from Dec. 2021 (€2,104.2 Mil) to Dec. 2022 (€2,426.5 Mil) and increased from Dec. 2022 (€2,426.5 Mil) to Dec. 2023 (€2,660.7 Mil).

MVB Financial Total Deposits Historical Data

The historical data trend for MVB Financial's Total Deposits can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MVB Financial Total Deposits Chart

MVB Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Deposits

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1,138.54

1,629.52

2,104.18

2,426.54

2,660.65

MVB Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Deposits	Get a 7-Day Free Trial															2,942.86	2,731.10	2,847.44	2,660.65	2,893.70

MVB Financial Total Deposits Calculation

Total Deposits that banks' customers have in their accounts. This is an very important source of banks' liquidity.

When banks' customers flood to their banks to take their deposit out, it may be called "Bank Run", which may bring down a bank due to liquidity issues.

MVB Financial (STU:MV6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MVB Financial Corp (STU:MV6) » Definitions » Total Deposits

Comparable Companies

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MVBF:USA

Address

301 Virginia Avenue, Fairmont, WV, USA, 26554

Website

https://www.mvbbanking.com

MVB Financial Corp is a bank holding company. The company provides community banking, mortgage banking, insurance and wealth management services to individuals and corporate clients in the Mid-Atlantic region. The Bank offers its customers various products, such as checking accounts, negotiable order of withdrawal (NOW) accounts, money market and savings accounts, time certificates of deposit, commercial, installment, commercial real estate and residential real estate mortgage loans, debit cards, and safe deposit rental facilities. MVB has five reportable segments: CoRe banking; mortgage banking; professional services; Edge Ventures and the financial holding company. It generates a majority of its revenues from its CoRe banking segment.

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