Flexoelectricity is the development of an electric field under an applied strain gradient. This effect is highly size-dependent and is significant at nanoscales. Unsymmetric magnetoelectric (ME) composites undergo bending deformations under a magnetic field that results in non-zero strain gradients. Hence, it is important to give due consideration to flexoelectricity, along with direct piezoelectricity in these composites. This article presents a finite-element model that predicts the static and dynamic behavior of ME nanobeams subjected to magnetic fields. The effect of material nonlinearity of the ferromagnetic phase and flexoelectricity in the ferroelectric phase on the ME coupling are determined, and the obtained results show agreement with the literature. It is found that flexoelectricity results in substantially higher static ME coefficients. However, the resonant ME response is weakened by flexoelectricity. The effect of surface elasticity on the ME coupling coefficient is also investigated by making use of the Gurtin-Murdoch theory. The surface effects are found to improve the ME coefficient at bending resonance, while its effect is trivial at static and axial resonant conditions. Furthermore, the effect of load resistance on the ME voltage and charge coefficients is determined. The results indicate clear changes in the trend between short-circuit and open-circuit conditions. © 1965-2012 IEEE.