Demonstrações financeiras detalhadas de MVB Financial Corp. (MVBF): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
MVB Financial Corp. registou receitas de $270.4M no último exercício, com um CAGR de 5 anos de 16.0%. O lucro líquido atingiu $26.9M, com CAGR de 5 anos de -6.4%.
Margens dos últimos 12 meses: margem bruta 63.3%, margem operacional 23.5%, margem líquida 17.7%. O fluxo de caixa livre cresceu a CAGR de -54.3% em 5 anos.
Ao preço atual de $30.89, MVBF negocia a um P/L de 10.35 e um ROE de 11.57%. A capitalização de mercado é de $397M.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $94.0M | $94.1M | $104.8M | $143.9M | $128.7M | $111.1M | $152.4M | $213.0M | $227.3M | $270.4M |
| Custo da Receita | $14.8M | $14.5M | $20.1M | $24.8M | $28.2M | -$5000 | $28.3M | $64.6M | $80.2M | $76.7M |
| Lucro Bruto | $79.2M | $79.6M | $84.7M | $119.2M | $100.5M | $111.1M | $124.0M | $148.4M | $147.1M | $193.8M |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $55.5M | $55.4M | $55.8M | $67.3M | $63.7M | $55.0M | $65.1M | $67.8M | $72.1M | $71.0M |
| Despesas Operacionais | $65.9M | $67.3M | $69.3M | $84.2M | $53.6M | $63.6M | $109.0M | $121.1M | $120.8M | $156.9M |
| Lucro Operacional | $13.4M | $12.3M | $15.4M | $35.0M | $46.9M | $47.5M | $15.0M | $27.3M | $26.3M | $36.9M |
| EBITDA | $16.8M | $15.0M | $18.3M | $38.3M | $50.2M | $51.7M | $20.4M | $32.3M | $30.3M | $39.4M |
| Despesas com Juros | $11.1M | $12.3M | $17.7M | $23.0M | $11.6M | $6.3M | $14.2M | $66.5M | $76.6M | $67.9M |
| Lucro Antes de Impostos | $13.4M | $12.3M | $15.4M | $35.0M | $46.9M | $47.5M | $15.0M | $27.3M | $26.3M | $36.9M |
| Imposto | $4.4M | $4.8M | $3.4M | $8.4M | $9.5M | $9.6M | $3.3M | $5.1M | $6.1M | $9.9M |
| Lucro Líquido | $12.9M | $7.6M | $12.0M | $27.0M | $37.4M | $39.1M | $15.0M | $31.2M | $20.1M | $26.9M |
| LPA | $1.44 | $0.69 | $1.04 | $2.26 | $3.13 | $3.32 | $1.23 | $2.46 | $1.56 | $2.11 |
| LPA Diluído | $1.31 | $0.68 | $1.00 | $2.20 | $3.06 | $3.10 | $1.17 | $2.40 | $1.53 | $2.06 |
| Ações em Circulação (Diluídas) | $10.1M | $10.4M | $12.7M | $12.0M | $12.1M | $12.6M | $12.9M | $13.0M | $13.1M | $13.1M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $42.4M | $56.4M | $53.0M | $67.4M |
| Lucro Bruto | $20.3M | $37.1M | $34.8M | $46.4M |
| Lucro Operacional | $23.4M | $5.5M | $6.7M | $16.0M |
| EBITDA | $24.0M | $5.9M | $7.1M | $16.4M |
| Lucro Líquido | $17.1M | $4.2M | $5.2M | $12.3M |
| LPA | $1.36 | $0.33 | $0.41 | $0.95 |
| LPA Diluído | $1.32 | $0.32 | $0.39 | $0.93 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $31.9M | $35.1M | $37.0M | $40.6M | $275.7M | $310.2M | $40.3M | $398.2M | $317.9M | $244.1M |
| Investimentos de Curto Prazo | $162.4M | $231.5M | $221.6M | $235.8M | $410.6M | $421.5M | $379.8M | $345.3M | $411.6M | $5.7M |
| Contas a Receber | $23.4M | $26.4M | $33.7M | $49.7M | $69.9M | $63.2M | $89.3M | 0 | 0 | 0 |
| Estoque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $217.6M | $293.0M | $292.3M | $326.0M | $756.2M | $794.8M | $509.4M | $743.5M | $729.6M | $249.9M |
| Imobilizado | $25.1M | $26.7M | $26.5M | $22.0M | $26.2M | $25.1M | $23.7M | $20.9M | $39.4M | $10.4M |
| Ágio | $18.5M | $18.5M | $18.5M | $19.6M | $2.4M | $4.0M | $2.8M | $2.8M | 0 | 0 |
| Ativos Intangíveis | $744000 | $646000 | $550000 | $3.5M | $2.4M | $2.3M | $1.6M | $352000 | $1.4M | 0 |
| Ativos Totais | $1.42B | $1.53B | $1.75B | $1.94B | $2.33B | $2.79B | $3.06B | $3.31B | $3.13B | $3.31B |
| Contas a Pagar | $16.6M | $16.4M | $17.7M | $41.7M | $55.9M | $55.1M | $41.6M | 0 | 0 | 0 |
| Dívida de Curto Prazo | $25.2M | $22.4M | $14.9M | $10.2M | $10.3M | $11.4M | $10.0M | $4.8M | $2.8M | $3.3M |
| Passivos Circulantes | $1.15B | $1.20B | $1.34B | $1.32B | $2.05B | $2.44B | $2.62B | $2.91B | $2.70B | $2.85B |
| Dívida de Longo Prazo | $124.4M | $185.7M | $232.4M | $227.0M | $43.4M | $73.0M | $185.4M | $80.3M | $73.8M | $74.0M |
| Passivos Totais | $1.27B | $1.38B | $1.57B | $1.73B | $2.09B | $2.51B | $2.79B | $3.02B | $2.82B | $2.97B |
| Reservas | $31.2M | $37.2M | $48.3M | $72.5M | $105.2M | $138.2M | $144.9M | $160.9M | $172.2M | $190.4M |
| Patrimônio Líquido | $145.6M | $150.2M | $176.8M | $211.9M | $239.5M | $275.3M | $261.4M | $289.4M | $305.7M | $334.0M |
| Dívida Total | $149.6M | $208.1M | $247.3M | $237.2M | $53.7M | $84.4M | $195.4M | $85.1M | $76.5M | $77.4M |
| Dívida Líquida | -$44.6M | -$58.5M | -$11.3M | -$39.2M | -$632.6M | -$647.2M | -$224.7M | -$658.4M | -$653.0M | -$172.5M |
| Capital de Giro | -$931.1M | -$905.5M | -$1.05B | -$990.9M | -$1.29B | -$1.65B | -$2.11B | -$2.16B | -$1.97B | -$2.60B |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $300.0M | $244.1M | $9.4M | $312.6M |
| Ativos Totais | $3.23B | $3.31B | $3.32B | $3.55B |
| Passivos Totais | $2.91B | $2.97B | $2.99B | $3.20B |
| Patrimônio Líquido | $327.8M | $334.0M | $334.9M | $344.5M |
| Dívida Total | $77.0M | $77.4M | $58.5M | $57.8M |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $12.9M | $7.6M | $12.0M | $27.0M | $37.4M | $38.7M | $14.4M | $31.0M | $20.2M | $26.9M |
| Depreciação e Amortização | $3.4M | $2.7M | $2.9M | $3.3M | $3.3M | $4.2M | $5.3M | $5.0M | $3.9M | $196000 |
| Compensação em Ações | $568000 | $813000 | $1.3M | $1.8M | $2.4M | $3.2M | $3.2M | $3.4M | $3.3M | $3.8M |
| Variação Capital de Giro | 0 | 0 | -$1.8M | $10.6M | -$8.5M | $1.2M | -$14.9M | -$5.3M | -$21.8M | $981000 |
| Fluxo de Caixa Operacional | $25.3M | $33.1M | $6.7M | -$8.1M | $112.2M | $34.8M | $7.4M | $58.2M | -$285000 | $4.0M |
| CapEx | -$1.7M | -$4.5M | -$2.7M | -$2.0M | -$6.6M | -$4.9M | -$3.0M | -$1.9M | -$1.6M | -$1.9M |
| Aquisições | $7.0M | 0 | 0 | -$2.7M | -$78.7M | -$96.3M | 0 | -$8000 | 0 | 0 |
| Recompra de Ações | 0 | 0 | 0 | 0 | -$15.7M | 0 | -$670000 | -$846000 | -$443000 | -$10.2M |
| Dividendos Pagos | -$1.8M | -$1.5M | -$1.7M | -$2.8M | -$4.7M | -$6.1M | -$8.4M | -$8.6M | -$8.8M | -$8.7M |
| Fluxo de Caixa Livre | $23.6M | $28.6M | $4.0M | -$10.1M | $105.6M | $29.9M | $4.3M | $56.3M | -$1.9M | $2.1M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | -$2.6M | -$15.0M | -$23.3M | $5.2M |
| CapEx | -$955000 | -$508000 | -$140000 | -$329000 |
| Fluxo de Caixa Livre | -$3.5M | -$15.5M | -$23.4M | $4.9M |
| Dividendos Pagos | -$2.1M | -$2.2M | -$2.2M | -$2.2M |
| Compensação em Ações | $1.1M | $878000 | $741000 | $745000 |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +0.1% | +11.4% | +37.3% | -10.6% | -13.7% | +37.2% | +39.8% | +6.7% | +19.0% |
| Crescimento Lucro Líquido (anual) | | -41.3% | +58.5% | +124.9% | +38.6% | +4.6% | -61.5% | +107.6% | -35.7% | +34.1% |
| Crescimento LPA (anual) | | -52.1% | +50.7% | +117.3% | +38.5% | +6.1% | -63.0% | +100.0% | -36.6% | +35.3% |
| Variação de Ações (anual) | | +3.7% | +21.9% | -5.3% | +0.4% | +4.3% | +2.0% | +1.0% | +1.1% | -0.2% |
| Crescimento FCF (anual) | | +21.3% | -86.0% | -352.5% | +1145.3% | -71.6% | -85.6% | +1206.1% | -103.4% | +210.9% |
| Margem Bruta | 84.3% | 84.6% | 80.8% | 82.8% | 78.1% | 100.0% | 81.4% | 69.7% | 64.7% | 71.7% |
| Margem Operacional | 14.2% | 13.1% | 14.7% | 24.3% | 36.5% | 42.7% | 9.9% | 12.8% | 11.6% | 13.6% |
| Margem EBITDA | 17.8% | 16.0% | 17.5% | 26.6% | 39.0% | 46.5% | 13.4% | 15.2% | 13.3% | 14.6% |
| Margem Líquida | 13.7% | 8.1% | 11.4% | 18.8% | 29.1% | 35.2% | 9.9% | 14.7% | 8.8% | 10.0% |
| Margem FCF | 25.1% | 30.4% | 3.8% | -7.0% | 82.0% | 27.0% | 2.8% | 26.4% | -0.8% | 0.8% |
| Taxa Efetiva de Imposto | 32.8% | 38.6% | 21.9% | 24.1% | 20.3% | 20.3% | 21.9% | 18.6% | 23.2% | 26.9% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $2.34 | $2.74 | $0.31 | $-0.84 | $8.74 | $2.37 | $0.34 | $4.33 | $-0.15 | $0.16 |
| Dividendo por Ação | $0.18 | $0.15 | $0.13 | $0.23 | $0.39 | $0.48 | $0.65 | $0.66 | $0.67 | $0.66 |
| Ações em Circulação (Básicas) | $8.2M | $10.3M | $11.0M | $11.7M | $11.8M | $11.8M | $12.1M | $12.7M | $12.9M | $12.8M |
O que olhar em empresas de Financial Services
- Efficiency Ratio (≤55%) — Despesas operacionais / receita. Bancos top abaixo de 55%.
- ROA (≥1%) — Quanto ganham por cada euro de ativos. ROE engana em bancos pela alavancagem.
- ROTCE (≥12%) — Rentabilidade sobre Capital Tangível. Exclui goodwill e intangíveis.
- Capital / Ativos (proxy Tier 1) (≥8%) — Proxy do rácio de capital. FMP não expõe Tier 1 regulatório direto.
- P/B (1,0-1,5x) — Métrica clássica bancária. <1x pode ser oportunidade ou distress.
- Dividend yield sustentável (≥2%, <8%) — Bancos UE pagam 5-7% sem stress. >8% é sinal de distress.
Rentabilidade
| Retorno sobre patrimônio | 11.57% |
| Retorno sobre capital investido | 1.09% |
| Retorno sobre ativos | 1.09% |
| Margem bruta | 63.26% |
| Margem operacional | 23.53% |
| Margem líquida | 17.71% |
Saúde financeira
| Dívida / Patrimônio | 0.17 |
| Liquidez corrente | 84.28 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 8.89 | 29.13 | 17.35 | 11.03 | 7.25 | 12.51 | 17.90 | 9.17 | 13.27 | 12.24 |
| P/VP | 0.72 | 1.38 | 1.13 | 1.38 | 1.12 | 1.78 | 1.02 | 0.99 | 0.87 | 0.99 |
| P/V | 1.12 | 2.20 | 1.90 | 2.03 | 2.08 | 4.40 | 1.74 | 1.34 | 1.17 | 1.22 |
| Margem Bruta | 84.3% | 84.6% | 80.8% | 82.8% | 78.1% | 100.0% | 81.4% | 69.7% | 64.7% | 71.7% |
| Margem Operacional | 14.2% | 13.1% | 14.7% | 24.3% | 36.5% | 42.7% | 9.9% | 12.8% | 11.6% | 13.6% |
| Margem Líquida | 13.7% | 8.1% | 11.4% | 18.8% | 29.1% | 35.2% | 9.9% | 14.7% | 8.8% | 10.0% |