MVB Financial Corp. (MVBF)

NASDAQ: MVBF · IEX Real-Time Price · USD
22.31
+0.46 (2.11%)
Mar 28, 2024, 4:00 PM EDT - Market closed
2.11%
Market Cap 280.50M
Revenue (ttm) 144.92M
Net Income (ttm) 31.23M
Shares Out 12.84M
EPS (ttm) 2.40
PE Ratio 9.30
Forward PE 12.02
Dividend $0.68 (3.05%)
Ex-Dividend Date Feb 29, 2024
Volume 20,222
Open 22.18
Previous Close 21.85
Day's Range 21.66 - 22.35
52-Week Range 16.26 - 27.23
Beta 0.99
Analysts Buy
Price Target 28.33 (+26.98%)
Earnings Date Apr 25, 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]

Sector Financials
Founded 1997
Employees 445
Stock Exchange NASDAQ
Ticker Symbol MVBF
Full Company Profile

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 Statements

Analyst Forecast

According to 3 analysts, the average rating for MVBF stock is "Buy." The 12-month stock price forecast is $28.33, which is an increase of 26.98% from the latest price.

Price Target
$28.33
(26.98% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

5 weeks ago - Business Wire

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.

6 weeks ago - Business Wire

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.

4 months ago - Business Wire

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.

5 months ago - Business Wire

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.

8 months ago - Business Wire

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...

8 months ago - Business Wire

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.

11 months ago - Business Wire

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...

11 months ago - Business Wire

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.

1 year ago - Business Wire

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/ --...

1 year ago - 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...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

MVB Financial Corp. Announces Third Quarter 2022 Results

FAIRMONT, W.

1 year ago - Business Wire

MVB Financial Corp. Names Jan L. Owen as Director

FAIRMONT, W.Va.

1 year ago - Business Wire

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.

1 year ago - Business Wire

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.

1 year ago - Business Wire

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.

Other symbols: AXS
1 year ago - Business Wire

SHAREHOLDER INVESTIGATION NOTICE: Halper Sadeh LLP Investigates SAFE, STAR, MVBF, FTAI

NEW YORK , Aug. 22, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches...

Other symbols: FTAISAFE
1 year ago - PRNewsWire