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Side-by-side financial comparison of MVB FINANCIAL CORP (MVBF) and FiscalNote Holdings, Inc. (NOTE). Click either name above to swap in a different company.

MVB FINANCIAL CORP is the larger business by last-quarter revenue ($36.7M vs $22.2M, roughly 1.7× FiscalNote Holdings, Inc.). Over the past eight quarters, MVB FINANCIAL CORP's revenue compounded faster (2.8% CAGR vs -16.8%).

MVB Financial Corp is a U.S.-based financial holding company offering commercial and retail banking services, wealth management, mortgage lending, and deposit products. It also provides specialized digital banking solutions for fintech and gaming enterprises, primarily serving customers across the U.S. Mid-Atlantic region.

FiscalNote Holdings, Inc., or commonly FiscalNote, is a publicly traded software, data, and media company headquartered in Washington, D.C. The company was founded by Timothy Hwang, Gerald Yao, and Jonathan Chen in 2013. FiscalNote provides software tools, platforms, data services, and news through the FiscalNote Government Relationship Management (GRM) service, its core product. The company also uses an artificial intelligence platform to analyze proposed U.S. legislation based on key phrase...

MVBF vs NOTE — Head-to-Head

Bigger by revenue
MVBF
MVBF
1.7× larger
MVBF
$36.7M
$22.2M
NOTE
Faster 2-yr revenue CAGR
MVBF
MVBF
Annualised
MVBF
2.8%
-16.8%
NOTE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MVBF
MVBF
NOTE
NOTE
Revenue
$36.7M
$22.2M
Net Profit
$0
Gross Margin
Operating Margin
-83.7%
Net Margin
0.0%
Revenue YoY
-24.7%
Net Profit YoY
EPS (diluted)
$0.39
$-2.81

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MVBF
MVBF
NOTE
NOTE
Q1 26
$36.7M
Q4 25
$39.1M
$22.2M
Q3 25
$61.2M
$22.4M
Q2 25
$33.7M
$23.3M
Q1 25
$33.7M
$27.5M
Q4 24
$46.2M
$29.5M
Q3 24
$33.2M
$29.4M
Q2 24
$34.7M
$29.2M
Net Profit
MVBF
MVBF
NOTE
NOTE
Q1 26
$0
Q4 25
$4.2M
Q3 25
$17.1M
$-24.9M
Q2 25
$2.0M
$-13.3M
Q1 25
$3.6M
$-4.3M
Q4 24
$9.4M
Q3 24
$2.1M
$-14.9M
Q2 24
$4.1M
$-12.8M
Operating Margin
MVBF
MVBF
NOTE
NOTE
Q1 26
Q4 25
13.9%
-83.7%
Q3 25
38.3%
-43.4%
Q2 25
9.4%
-31.9%
Q1 25
14.3%
-50.0%
Q4 24
26.5%
-19.4%
Q3 24
8.4%
-23.1%
Q2 24
15.9%
-27.2%
Net Margin
MVBF
MVBF
NOTE
NOTE
Q1 26
0.0%
Q4 25
10.8%
Q3 25
28.0%
-110.8%
Q2 25
5.9%
-57.0%
Q1 25
10.6%
-15.4%
Q4 24
20.4%
Q3 24
6.3%
-50.7%
Q2 24
11.8%
-43.6%
EPS (diluted)
MVBF
MVBF
NOTE
NOTE
Q1 26
$0.39
Q4 25
$0.32
$-2.81
Q3 25
$1.32
$-1.73
Q2 25
$0.15
$-0.08
Q1 25
$0.27
$-0.03
Q4 24
$0.72
$1.88
Q3 24
$0.16
$-1.33
Q2 24
$0.31
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MVBF
MVBF
NOTE
NOTE
Cash + ST InvestmentsLiquidity on hand
$177.6M
$26.3M
Total DebtLower is stronger
$128.4M
Stockholders' EquityBook value
$334.9M
$62.0M
Total Assets
$3.3B
$255.1M
Debt / EquityLower = less leverage
2.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MVBF
MVBF
NOTE
NOTE
Q1 26
$177.6M
Q4 25
$244.1M
$26.3M
Q3 25
$300.0M
$31.2M
Q2 25
$399.4M
$38.5M
Q1 25
$251.4M
$46.3M
Q4 24
$317.9M
$34.6M
Q3 24
$610.9M
$32.7M
Q2 24
$455.5M
$37.7M
Total Debt
MVBF
MVBF
NOTE
NOTE
Q1 26
Q4 25
$128.4M
Q3 25
$131.5M
Q2 25
$116.7M
Q1 25
$118.0M
Q4 24
$147.1M
Q3 24
$152.2M
Q2 24
$145.9M
Stockholders' Equity
MVBF
MVBF
NOTE
NOTE
Q1 26
$334.9M
Q4 25
$334.0M
$62.0M
Q3 25
$327.8M
$75.5M
Q2 25
$302.3M
$95.1M
Q1 25
$310.1M
$98.7M
Q4 24
$305.7M
$97.8M
Q3 24
$303.1M
$98.5M
Q2 24
$296.6M
$106.9M
Total Assets
MVBF
MVBF
NOTE
NOTE
Q1 26
$3.3B
Q4 25
$3.3B
$255.1M
Q3 25
$3.2B
$273.9M
Q2 25
$3.2B
$288.3M
Q1 25
$3.0B
$299.7M
Q4 24
$3.1B
$326.2M
Q3 24
$3.4B
$337.9M
Q2 24
$3.3B
$346.3M
Debt / Equity
MVBF
MVBF
NOTE
NOTE
Q1 26
Q4 25
2.07×
Q3 25
1.74×
Q2 25
1.23×
Q1 25
1.20×
Q4 24
1.50×
Q3 24
1.54×
Q2 24
1.36×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MVBF
MVBF
NOTE
NOTE
Operating Cash FlowLast quarter
$-279.0K
Free Cash FlowOCF − Capex
$-1.9M
FCF MarginFCF / Revenue
-8.7%
Capex IntensityCapex / Revenue
7.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-18.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MVBF
MVBF
NOTE
NOTE
Q1 26
Q4 25
$4.0M
$-279.0K
Q3 25
$-2.6M
$-8.3M
Q2 25
$7.4M
$-6.2M
Q1 25
$14.1M
$3.3M
Q4 24
$-285.0K
$-1.3M
Q3 24
$8.6M
$-3.0M
Q2 24
$26.9M
$-3.7M
Free Cash Flow
MVBF
MVBF
NOTE
NOTE
Q1 26
Q4 25
$2.1M
$-1.9M
Q3 25
$-3.5M
$-10.4M
Q2 25
$7.2M
$-7.7M
Q1 25
$13.9M
$1.3M
Q4 24
$-1.9M
$-3.4M
Q3 24
$8.3M
$-5.4M
Q2 24
$26.6M
$-6.5M
FCF Margin
MVBF
MVBF
NOTE
NOTE
Q1 26
Q4 25
5.4%
-8.7%
Q3 25
-5.8%
-46.2%
Q2 25
21.5%
-33.0%
Q1 25
41.2%
4.7%
Q4 24
-4.1%
-11.4%
Q3 24
25.1%
-18.4%
Q2 24
76.7%
-22.1%
Capex Intensity
MVBF
MVBF
NOTE
NOTE
Q1 26
Q4 25
4.9%
7.4%
Q3 25
1.6%
9.3%
Q2 25
0.6%
6.4%
Q1 25
0.8%
7.2%
Q4 24
3.5%
6.8%
Q3 24
0.9%
8.3%
Q2 24
0.7%
9.4%
Cash Conversion
MVBF
MVBF
NOTE
NOTE
Q1 26
Q4 25
0.95×
Q3 25
-0.15×
Q2 25
3.72×
Q1 25
3.95×
Q4 24
-0.03×
Q3 24
4.15×
Q2 24
6.57×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MVBF
MVBF

Net Interest Income$28.5M78%
Noninterest Income$8.2M22%

NOTE
NOTE

Subscription$21.2M95%
Advisory Advertising And Other$1.0M5%

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