MVB Financial Corp. (MVBF)

NASDAQ: MVBF · IEX Real-Time Price · USD
37.55
0.05 (0.13%)
May 25, 2022 4:00 PM EDT - Market closed
Market Cap456.12M
Revenue (ttm)149.12M
Net Income (ttm)33.90M
Shares Out12.15M
EPS (ttm)2.65
PE Ratio14.18
Forward PEn/a
Dividend$0.63 (1.68%)
Ex-Dividend DateMay 31, 2022
Volume19,898
Open37.62
Previous Close37.50
Day's Range37.12 - 38.11
52-Week Range36.68 - 45.44
Beta0.88
AnalystsBuy
Price Target54.06 (+44.0%)
Earnings DateMay 2, 2022

About MVBF

MVB Financial Corp., through its subsidiaries, provides financial services to individuals and corporate clients in the Mid-Atlantic region and internationally. The company operates through three segments: CoRe Banking, Mortgage Banking, and 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 facili...

IndustryBanks
Founded1997
CEOLarry Mazza
Employees458
Stock ExchangeNASDAQ
Ticker SymbolMVBF
Full Company Profile

Financial Performance

In 2021, MVB Financial's revenue was $146.03 million, an increase of 1.35% compared to the previous year's $144.08 million. Earnings were $39.12 million, an increase of 4.57%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for MVBF stock is "Buy." The 12-month stock price forecast is 54.06, which is an increase of 43.97% from the latest price.

Price Target
$54.06
(43.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

MVB Financial Corp. Declares Second Quarter 2022 Dividend

FAIRMONT, W. Va.--(BUSINESS WIRE)-- #banking--MVB Financial Corp. declared a quarterly cash dividend of $0.17 per share for shareholders of record as of June 1, 2022, payable on June 15, 2022.

1 week ago - Business Wire

MVB Financial Corp. Names Lindsay Slader as Director

FAIRMONT, W.Va.--(BUSINESS WIRE)-- #bank--The MVB Financial Board of Directors has announced the appointment of Lindsay Slader, Managing Director of Gaming at GeoComply, as a Board member.

1 week ago - Business Wire

MVB Financial (MVBF) Lags Q1 Earnings and Revenue Estimates

MVB Financial (MVBF) delivered earnings and revenue surprises of -42.11% and 6.51%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

MVB Financial Corporation Announces First Quarter 2022 Results

FAIRMONT, W.Va.--(BUSINESS WIRE)--MVB Financial , the holding company for MVB Bank, announced financial results for first quarter 2022.

3 weeks ago - Business Wire

Why MVB Financial (MVBF) Could Beat Earnings Estimates Again

MVB Financial (MVBF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

3 weeks ago - Zacks Investment Research

MVB Financial (MVBF) Expected to Beat Earnings Estimates: Should You Buy?

MVB Financial (MVBF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Earnings Estimates Rising for MVB Financial (MVBF): Will It Gain?

MVB Financial (MVBF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

2 months ago - Zacks Investment Research

MVB Financial (MVBF) to Buy 38% Interest in Warp for $48 Million

MVB Financial (MVBF) announces an agreement to acquire a minority interest in Warp for $48 million.

2 months ago - Zacks Investment Research

MVB Financial Corp. Announces Strategic Minority Investment in Warp Speed Holdings LLC

FAIRMONT, W.Va.--(BUSINESS WIRE)-- #mvbbank--MVB Financial Corp. announced the execution of a definitive agreement pursuant to which the Bank will acquire a 38% interest in Warp Speed Holdings.

2 months ago - Business Wire

4 Banks to Keep an Eye on to Earn Higher Dividend Income

Dividend is a steady source of income for investors during uncertain times. So, banks - MVBF, BPOP, WSBC and NRIM - that hiked dividends in recent days are worth watching.

Other symbols:BPOPNRIMWSBC
2 months ago - Zacks Investment Research

MVB Financial (MVBF) Tops Q4 Earnings and Revenue Estimates

MVB Financial (MVBF) delivered earnings and revenue surprises of 208% and 19.75%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

MVB Financial Corporation Announces Fourth Quarter Results and Record Earnings for Year-End 2021

FAIRMONT, W.Va.--(BUSINESS WIRE)-- #earnings--MVB Financial, the holding company for MVB Bank, announced financial results for the fourth quarter and year ended Dec. 31, 2021.

3 months ago - Business Wire

MVB Financial (MVBF) Announces Fifth Consecutive Dividend Hike

MVB Financial (MVBF) announces a 13.3% dividend hike. This marks the fifth consecutive quarterly hike of the company's dividend.

3 months ago - Zacks Investment Research

MVB Financial Corp. Declares First Quarter 2022 Dividend

FAIRMONT, W. Va.--(BUSINESS WIRE)-- #dividend--MVB Financial has declared a quarterly cash dividend of $0.17 per share for shareholders of record as of March 1, 2022, payable on March 15, 2022.

3 months ago - Business Wire

7 Best Stocks to Buy to Protect Your Portfolio From the Possibility of 5+ Rate Hikes

The Federal Reserve is looking to raise interest rates aggressively going forward. These stocks are positioned to profit from rate hikes.

Other symbols:AMTHSYPRUPSASCHWXOM
3 months ago - InvestorPlace

Analysts Estimate MVB Financial (MVBF) to Report a Decline in Earnings: What to Look Out for

MVB Financial (MVBF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

MVB Announces Executive Management Structural Changes

FAIRMONT, W.Va.--(BUSINESS WIRE)-- #financialservices--The Board of Directors of MVB Financial Corp. has announced changes to the structure of MVB's Executive Team.

3 months ago - Business Wire

MVB Financial Corp. Names Dan Holt as Director

FAIRMONT, W. Va.--(BUSINESS WIRE)-- #financialservices--Dan Holt, Co-Founder and CEO of BillGO, has been named to the MVB Financial Board of Directors.

4 months ago - Business Wire

MVB Financial Earns 2021 Great Place to Work Certification™

FAIRMONT, W. Va.--(BUSINESS WIRE)-- #financialservices--MVB Financial Corp. (“MVB Financial,” “MVB”) (NASDAQ: MVBF) has been Certified™ by Great Place to Work®.

5 months ago - Business Wire

The Banker Names MVB Bank as 2021 Bank of the Year – United States

FAIRMONT, W.Va.--(BUSINESS WIRE)-- #bankoftheyear--MVB Bank, Inc., has been named Bank of the Year – United States for 2021 by The Banker magazine.

5 months ago - Business Wire

MVB Financial Corp. Declares Fourth Quarter 2021 Dividend

FAIRMONT, W.Va.--(BUSINESS WIRE)-- #dividend--MVB Financial has declared a quarterly cash dividend of $0.15 per share for shareholders of record as of Dec. 1, 2021, payable on Dec. 15, 2021.

6 months ago - Business Wire

Fortune Names MVB Financial to Its List of 100 Fastest-Growing Companies

FAIRMONT, W.Va.--(BUSINESS WIRE)-- #financialservices--MVB Financial ranked as #29 on Fortune's List of 100 Fastest-Growing Companies.

6 months ago - Business Wire

MVB Financial (MVBF) Q3 Earnings and Revenues Top Estimates

MVB Financial (MVBF) delivered earnings and revenue surprises of 87.76% and 30.72%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Fintech Initiatives Continue to Power Core Funding Transformation

FAIRMONT, W. Va.--(BUSINESS WIRE)-- #earnings--Fintech Initiatives Continue to Power Core Funding Transformation. MVB Financial reports net income of $11.8 million for the third quarter 2021.

6 months ago - Business Wire

Earnings Preview: MVB Financial (MVBF) Q3 Earnings Expected to Decline

MVB Financial (MVBF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research