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MVB Financial (FRA:MV6) Scaled Net Operating Assets : -0.11 (As of Dec. 2024)


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What is MVB Financial Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

MVB Financial's operating assets for the quarter that ended in Dec. 2024 was €2,291.2 Mil. MVB Financial's operating liabilities for the quarter that ended in Dec. 2024 was €2,625.4 Mil. MVB Financial's Total Assets for the quarter that ended in Sep. 2024 was €3,080.3 Mil. Therefore, MVB Financial's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was -0.11.

MVB Financial Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

MVB Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(2684.305-2625.415)/3038.83
=0.02

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2987.912 - 303.607
=2684.305

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2695.882 - 70.467 - 0
=2625.415

MVB Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Sep. 2024 )
=(2291.189-2625.415)/3080.299
=-0.11

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2987.912 - 696.723
=2291.189

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2695.882 - 70.467 - 0
=2625.415

* 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.

MVB Financial Scaled Net Operating Assets Related Terms

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MVB Financial Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MVB Financial Corp (FRA:MV6) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
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 Personal banking, Business banking, and Fintech solutions. The group has identified three reportable segments: CoRe Banking, Mortgage Banking, and Financial Holding Company. The majority of ts revenue generated from the CoRe Banking segment, which includes the Fintech division, represents banking products and services offered to customers by the Bank, loans, and deposit accounts. Revenue from banking activities consists of interest earned on loans and investment securities and service charges on deposit accounts.