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MVBFMVB Financial Corp

NASDAQ · Financial Services · Banks - Regional

$31.04

+$0.79 (+2.61%)

MVB Financial Corp (MVBF) is a banks - regional company listed on NASDAQ. It is led by Michael R. Sumbs, based in 301 Virginia Avenue, Fairmont, WV, United States, 26554, with about 403 employees. 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 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 provides debit cards; cashier's checks; safe deposit rental facilities; and non-deposit investment services, as well as financial technology (Fintech) banking services. In addition, it offers fintech solutions for the gaming, payments, banking-as-a-service, and digital asset sectors; fraud prevention services for merchants, credit agencies, Fintech companies, and other vendors; and digital products and web and mobile applications for forward-thinking community banks, credit unions, digital banks, and Fintech companies. It operates full-service branches in West Virginia and Virginia. The company was founded in 1999 and is based in Fairmont, West Virginia.

Net income was $17.1M. MVBF currently screens at market cap $337.7M and trailing P/E 12.1.

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About MVB Financial Corp

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 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 provides debit cards; cashier's checks; safe deposit rental facilities; and non-deposit investment services, as well as financial technology (Fintech) banking services. In addition, it offers fintech solutions for the gaming, payments, banking-as-a-service, and digital asset sectors; fraud prevention services for merchants, credit agencies, Fintech companies, and other vendors; and digital products and web and mobile applications for forward-thinking community banks, credit unions, digital banks, and Fintech companies. It operates full-service branches in West Virginia and Virginia. The company was founded in 1999 and is based in Fairmont, West Virginia.

MVBF Key Statistics

Market Cap

$337.70M

Volume

186,934

Previous Close

$30.25

Day Range

$29.99$30.45

P/E Ratio

12.05

0

EPS

$0.72

Revenue

$0.00

Net Income

$20.25M

Gross Profit

$0.00

Free Cash Flow

$0.00

Dividend Yield

2.54%

Employees

403

MVBF Financials

Annual income statement in USD. Latest reported periods first.

MVBF annual income statement across FY2024, FY2023
LineFY2024FY2023
Revenue$0.00$0.00
Cost of Revenue$0.00$0.00
Gross Profit$0.00$0.00
Operating Income$0.00$0.00
Net Income$20.25M$31.01M
EPS (Diluted)$0.72$0.61

Total Assets

$3.13B

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$317.91M

Operating Cash Flow

-$285.00K

Free Cash Flow

$0.00

MVB Financial Corp Company Information

CFO & Executive VP
Michael R. Sumbs
Headquarters
301 Virginia Avenue, Fairmont, WV, United States, 26554
Phone
304 363 4800
IPO / Founded
2008-08-22
Industry
Banks - Regional
Data Updated:

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