MVB Financial (STU:MV6) Interest Expense : €-68.8 Mil (TTM As of Mar. 2024)

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What is MVB Financial Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MVB Financial's interest expense for the three months ended in Mar. 2024 was € -18.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-68.8 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. MVB Financial's Operating Income for the three months ended in Mar. 2024 was € Mil. MVB Financial's Interest Expense for the three months ended in Mar. 2024 was € Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

MVB Financial Interest Expense Historical Data

The historical data trend for MVB Financial's Interest Expense 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 Interest Expense Chart

MVB Financial Annual Data

Trend

Dec14

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Dec19

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Dec23

Interest Expense

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-20.67

-9.56

-5.55

-13.36

-61.01

MVB Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-11.24	-16.11	-17.30	-17.05	-18.30

MVB Financial Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-68.8 Mil.

MVB Financial (STU:MV6) Business Description

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

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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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