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Mvb Financial Corp   (MVBF)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $20.7800 $-0.52 -2.441%
Day's High: $21.24 Week Perf: 0.43 %
Day's Low: $ 20.72 30 Day Perf: -10.04 %
Volume (M): 30 52 Wk High: $ 27.23
Volume (M$): $ 615 52 Wk Avg: $21.32
Open: $21.24 52 Wk Low: $16.26



 Market Capitalization (Millions $) 270
 Shares Outstanding (Millions) 13
 Employees 371
 Revenues (TTM) (Millions $) 145
 Net Income (TTM) (Millions $) 31
 Cash Flow (TTM) (Millions $) 358
 Capital Exp. (TTM) (Millions $) 2

Mvb Financial Corp

MVB Financial Corp. was formed on May 29, 2003 and became a bank holding company under the laws of West Virginia on January 1, 2004, and, effective December 19, 2012, became a financial holding company. The Company features multiple subsidiaries and affiliated businesses, including MVB Bank, Inc. (the “Bank” or “MVB Bank”) and its wholly-owned subsidiary MVB Mortgage and MVB Insurance, LLC (“MVB Insurance”).
On December 31, 2013, three Company subsidiaries, MVB-Central, Inc. (a second-tier level holding company), MVB-East, Inc. (a second tier holding company) and Bank Compliance Solutions, Inc. (an inactive subsidiary) were merged into the Company.

he Bank was formed on October 30, 1997 and chartered under the laws of the State of West Virginia. The Bank commenced operations on January 4, 1999. In August of 2005, the Bank opened a full service office in neighboring Harrison County, West Virginia. During October of 2005, the Bank purchased a branch office in Jefferson County, West Virginia, situated in West Virginia’s eastern panhandle. During the third quarter of 2007, the Bank opened a full service office in the Martinsburg area of Berkeley County, West Virginia. In the second quarter of 2011, the Bank opened a banking facility in the Cheat Lake area of Monongalia County, West Virginia. The Bank opened its second Harrison County, West Virginia location, the downtown Clarksburg office in the historic Empire Building during the fourth quarter of 2012.

Currently, the Bank operates thirteen full-service banking branches in West Virginia and Virginia, which are located at: 301 Virginia Avenue in Fairmont, Marion County; 100 NASA Boulevard in Fairmont, Marion County; 1000 Johnson Avenue in Bridgeport, Harrison County; 406 West Main St. in Clarksburg, Harrison County; 88 Somerset Boulevard in Charles Town, Jefferson County; 651 Foxcroft Avenue in Martinsburg, Berkeley County; 704 Foxcroft Avenue in Martinsburg, Berkeley County; 5091 Gerrardstown Road in Inwood, Berkeley County; 2400 Cranberry Square in Cheat Lake, Monongalia County; 10 Sterling Drive in Morgantown, Monongalia County; 231 Aikens Center in Martinsburg, Berkeley County; 400 Washington Street East in Charleston, Kanawha County; and 1801 Old Reston Avenue Reston, Fairfax County.

The Company’s primary business activities, through its subsidiaries, are currently community banking, mortgage banking and insurance services. As a community-based bank, the Bank offers its customers a full range of products through various delivery channels. Such products and services include checking accounts, NOW accounts, money market and savings accounts, time certificates of deposit, commercial, installment, commercial real estate and residential real estate mortgage loans, debit cards, and safe deposit rental facilities. Services are provided through our walk-in offices, automated teller machines (“ATMs”), drive-in facilities, and internet and telephone banking. Additionally, the Bank offers non-deposit investment products through an association with a broker-dealer. Since the opening date of January 4, 1999, the Bank, has experienced significant growth in assets, loans, and deposits due to strong community and customer support in the Marion County and Harrison County, West Virginia markets, expansion into Monongalia and Kanawha Counties, West Virginia and, most recently, into Fairfax County, Virginia. With the acquisition of PMG, mortgage banking is now a much more significant focus, which has opened up increased market opportunities in the Washington, D.C. metropolitan region and added enough volume to further diversify the Company’s revenue stream.



   Company Address: 301 Virginia Avenue Fairmont 26554 WV
   Company Phone Number: 363-4800   Stock Exchange / Ticker: NASDAQ MVBF
   


Customers Net Income fell by MVBF's Customers Net Profit Margin fell to

-4.36 %

11.29 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BANR   -2.89%    
BK   -0.33%    
BPOP   -2.49%    
CFG   -1%    
FITB   -2.51%    
NTRS        1.27% 
• View Complete Report
   



Mvb Financial Corp

Regional Bank Company Sees Profits Soar Despite Challenging Year

/>MVB Financial Corp. (NASDAQ: MVBF), a leading financial services provider, has recently announced its impressive financial results for the fourth quarter and fiscal year 2023. Despite a challenging year for the banking industry, MVB Financial Corp. was able to maintain profitability and deliver substantial revenue growth. This article interprets the financial results and discusses their implications for the company's future.
Revenue and Earnings:
MVB Financial Corp. reported a remarkable 28.364% increase in revenue, reaching $37.65 million in the fourth quarter of 2023. This growth is particularly significant when compared to a concerning 8.02% reduction in top-line revenue in the rest of the Regional Banks industry. The company's earnings per share (EPS) also saw a significant improvement, rising to $0.60 from -$0.20 in the previous quarter, indicating strong profitability.

Dividend

MVB Financial Corp. Navigates Challenging Year with Strong Fourth Quarter Results and Maintains Dividend Declaration

Published Tue, Feb 20 2024 1:30 PM UTC

MVB Financial Corp. Maintains Dividend Declaration Amidst Challenging Year for Banking Industry
FAIRMONT, W.Va. - Leading financial services provider, MVB Financial Corp. (NASDAQ: MVBF), has announced the declaration of a quarterly cash dividend of $0.17 per share, thus maintaining the dividend amount previously declared in the last quarter. Shareholders of record as of ...

Dividend

MVB Financial Corp. Strikes Balance Between Growth and Shareholder Rewards with Quarterly Dividend Announcementn

Published Tue, Nov 21 2023 1:30 PM UTC


Fairmont, W.Va. - MVB Financial Corp. (NASDAQ: MVBF), a leading financial institution, has recently declared a quarterly cash dividend of $0.17 per share. This announcement comes as the company strives to maintain its commitment to its shareholders even amidst a decrease in its dividend payout ratio. The news has generated significant interest, prompting a closer examin...

Mvb Financial Corp

Remarkable Growth in Revenue and Earnings Positions Mvb Financial Corp for a Strong Fiscal Third Quarter in 2023



Mvb Financial Corp, a leading regional bank, has recently reported impressive financial results, with consistent growth in both revenue and earnings. This article explores the significant gains made by the company and analyzes their potential impact on Mvb Financial Corp's future prospects.
1. Solid Stock Performance:
Mvb Financial Corp's stock recorded a remarkable gain of 5.87% over the past week and an impressive 25% over the past 12 months. Additionally, the stock currently trades 27.6% above its 52-week low. These statistics reflect investors' confidence in the company and indicate positive market sentiment surrounding Mvb Financial Corp.

Mvb Financial Corp

MVB Financial Corp's Exceptional 24.04% Revenue Surge in Q2 2023 Signals Remarkable Growth and Outperforms Industry Rivals

MVBF, the financial corporation, has shown impressive growth in the second quarter of 2023, according to their recent financial report. Their net profit per share has soared by an incredible 186.36% year on year, reaching $0.63 per share. Additionally, their revenue has increased by a substantial 24.04%, reaching $40.24 million.
What sets MVBF apart from its industry counterparts is its outstanding revenue performance. While the rest of the Regional Banks industry has seen an 11.47% increase in top-line advance during the same period, MVBF has surpassed expectations with an impressive 24.04% growth.






 

Mvb Financial's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Mvb Financial does not provide revenue guidance.

Earnings Outlook
Mvb Financial Corp does not provide earnings estimates.

 
Geographic Revenue Dispersion




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