MVB Financial Corp. (MVBF)
| Market Cap | 239.55M |
| Revenue (ttm) | 149.68M |
| Net Income (ttm) | 24.37M |
| Shares Out | 12.89M |
| EPS (ttm) | 1.87 |
| PE Ratio | 9.94 |
| Forward PE | 10.37 |
| Dividend | $0.68 (3.66%) |
| Ex-Dividend Date | Feb 29, 2024 |
| Volume | 7,367 |
| Open | 18.76 |
| Previous Close | 18.55 |
| Day's Range | 18.58 - 18.97 |
| 52-Week Range | 16.50 - 27.23 |
| Beta | 1.04 |
| Analysts | Buy |
| Price Target | 26.67 (+43.46%) |
| Earnings Date | Apr 29, 2024 |
About MVBF
MVB Financial Corp. operates as bank holding company for MVB Bank, Inc that provides financial services to individuals and corporate clients. The company operates through three segments: CoRe Banking, Mortgage Banking, and The Financial Holding Company. It offers various demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and commercial, consumer, and real estate mortgage loans, as well as lines of credit. The company also provides debit cards; cashier's checks; safe deposit rental facilities; and non-... [Read more]
Financial Performance
In 2023, MVB Financial's revenue was $144.92 million, an increase of 15.77% compared to the previous year's $125.17 million. Earnings were $31.23 million, an increase of 107.56%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for MVBF stock is "Buy." The 12-month stock price forecast is $26.67, which is an increase of 43.46% from the latest price.
News
MVB Financial Corp. Announces First Quarter 2024 Results
FAIRMONT, W.Va.--(BUSINESS WIRE)-- #banking--MVB Financial Corp. releases 1Q 2024 earnings.
MVB Financial Corp. Declares First Quarter 2024 Dividend
FAIRMONT, W.Va.--(BUSINESS WIRE)-- #banking--MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or the “Company”) has declared a quarterly cash dividend of $0.17 per share, maintaining the di...
MVB Financial Corp. Announces Fourth Quarter and Full Year 2023 Results
FAIRMONT, W.Va.--(BUSINESS WIRE)-- #banking--MVB Financial Corp. announced financial results for the fourth quarter and year ended December 31, 2023, with reported net income of $7.9 million.
MVB Financial Corp. Declares Fourth Quarter 2023 Dividend
FAIRMONT, W.Va.--(BUSINESS WIRE)-- #banking--MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or the “Company”) has declared a quarterly cash dividend of $0.17 per share.
MVB Financial Corp. Announces Third Quarter 2023 Results
FAIRMONT, W.Va.--(BUSINESS WIRE)-- #banking--MVB Financial Corp., holding company for MVB Bank, announced financial results for the third quarter of 2023, with reported net income of $3.9M.
MVB Financial Corp. Declares Third Quarter 2023 Dividend
FAIRMONT, W.Va.--(BUSINESS WIRE)-- #banking--MVB Financial Corp. has declared a quarterly cash dividend of $0.17 per share.
MVB Financial Corp. Announces Second Quarter 2023 Results
FAIRMONT, W. Va.--(BUSINESS WIRE)-- #banking--MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financi...
MVB Financial Corp. Declares Second Quarter 2023 Dividend
FAIRMONT, W.Va.--(BUSINESS WIRE)-- #banking--MVB Financial has declared a quarterly cash dividend of $0.17 per share for shareholders of record as of June 1, 2023, payable on June 15, 2023.
MVB Financial Corp. and Integrated Financial Holdings, Inc. Announce Termination of Merger Agreement
FAIRMONT, W. Va. & RALEIGH, N.C.--(BUSINESS WIRE)-- #banking--MVB Financial Corp. and Integrated Financial Holdings, Inc., have mutually agreed to terminate their previously announced merger agreement...
MVB Financial Corp. Announces First Quarter 2023 Results
FAIRMONT, W. Va.--(BUSINESS WIRE)-- #banking--MVB Financial Corp. today announced financial results for the first quarter of 2023, with reported net income of $11.3 million.
Chartwell Joins Ankura to Bolster Global Banking and Fintech Compliance Advisory Services
Acquisition further enhances Ankura's Global anti-financial crime offering to help banking and Fintech clients navigate the full spectrum of BSA/AML challenges NEW YORK , March 1, 2023 /PRNewswire/ --...
MVB Financial Corp. Declares First Quarter 2023 Dividend
FAIRMONT, W.Va.--(BUSINESS WIRE)--MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”) has declared a quarterly cash dividend of $0.17 per share, maintaining the dividend decla...
MVB Financial Corp. Announces Fourth Quarter and Full Year 2022 Results
FAIRMONT, W. Va.--(BUSINESS WIRE)--MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results ...
MVB Financial Corp. and Integrated Financial Holdings, Inc. Announce Shareholder Approval of Merger Agreement
FAIRMONT, W.Va. & RALEIGH, N.C.--(BUSINESS WIRE)--MVB Financial Corp. (Nasdaq: MVBF) (“MVB” or “MVB Financial”) and Integrated Financial Holdings, Inc. (OTCQX: IFHI) (“IFHI”), jointly announced toda...
MVB Bank Receives BAI Global Innovation Award
FAIRMONT, W.Va.--(BUSINESS WIRE)--MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB Financial”) (NASDAQ: MVBF) (collectively “MVB”), has been named a winner of the 2022 BAI Glob...
FHLBank Pittsburgh Awards $1.5 Million to Four MVB Bank-Sponsored Affordable Housing Projects in North Central West Virginia
FAIRMONT, W.Va.--(BUSINESS WIRE)--FHLBank Pittsburgh (“FHLBank”) has awarded a total of $1.5 million to four North Central West Virginia projects, in partnership with MVB Bank, Inc., a wholly-owned ...
INTEGRATED FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Integrated Financial Holdings, Inc. - IFHI
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Integrated Fin...
MVB Bank Named One of American Banker's 2022 Best Banks to Work For
FAIRMONT, W.Va.--(BUSINESS WIRE)--MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB Financial”) (NASDAQ: MVBF) (collectively “MVB”), has been named one of American Banker Magazi...
MVB Financial Corp. Declares Fourth Quarter 2022 Dividend
FAIRMONT, W.Va.--(BUSINESS WIRE)--MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”) has declared a quarterly cash dividend of $0.17 per share, maintaining the dividend dec...
MVB Financial Corp. Completes Execution of Strategic Minority Investment in Warp Speed Holdings LLC
FAIRMONT, W.Va.--(BUSINESS WIRE)-- #banking--MVB Financial completes the previously announced transaction in which MVBF has acquired a 37.5% interest in Warp Speed Holdings LLC.
INTEGRATED FINANCIAL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Integrated Financial Holdings, Inc. - IFHI
NEW ORLEANS , Sept. 21, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C.
MVB Financial Corp. to Appoint Steven E. Crouse as Chief Financial Officer
FAIRMONT, W.Va.--(BUSINESS WIRE)-- #banking--Steven E. Crouse will be appointed CFO of MVBF upon closing of the merger of MVB and IFH.
W. Marston Becker Named Chairman of the MVB Financial Corp. Board of Directors
FAIRMONT, W.Va.--(BUSINESS WIRE)-- #banking--The Board of Directors of MVB Financial Corp. has announced that W. Marston Becker has been named Chairman of the Board.