MVB Financial Corp (OQ:MVBF)

Apr 29, 2024 04:30 pm ET
MVB Financial Corp. Announces First Quarter 2024 Results
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the first quarter of 2024, with reported net income of $4.5 million, or $0.35 basic and $0.34 diluted earnings per share.
Feb 20, 2024 08:30 am ET
MVB Financial Corp. Declares First Quarter 2024 Dividend
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 declared in the previous quarter for shareholders of record as of March 1, 2024, payable on March 15, 2024. This is the first quarterly dividend for 2024.
Feb 14, 2024 04:30 pm ET
MVB Financial Corp. Announces Fourth Quarter and Full Year 2023 Results
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the fourth quarter and year ended December 31, 2023, with reported net income of $7.9 million, or $0.62 basic and $0.61 diluted earnings per share for the three months ended December 31, 2023.
Nov 21, 2023 08:30 am ET
MVB Financial Corp. Declares Fourth Quarter 2023 Dividend
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 declared in the previous quarter for shareholders of record as of December 1, 2023, payable on December 15, 2023. This is the fourth quarterly dividend for 2023.
Nov 20, 2023 04:30 pm ET
MVB Bank Named One of American Banker’s 2023 Best Banks to Work For
MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB Financial”) (NASDAQ: MVBF) (collectively “MVB”), for the third consecutive year has been named one of American Banker Magazine’s Best Banks to Work For. MVB placed number 16 among the 90 U.S. banks in the ranking, which assesses employee satisfaction in areas including corporate culture and communications, training and development opportunities and pay and benefits.
Oct 26, 2023 04:30 pm ET
MVB Financial Corp. Announces Third Quarter 2023 Results
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the third quarter of 2023, with reported net income of $3.9 million, or $0.30 basic and $0.29 diluted earnings per share.
Sep 11, 2023 04:30 pm ET
Fortune and Great Place to Work® Name MVB Bank to Two Best Workplaces Lists
Great Place to Work® and Fortune magazine have honored MVB Bank, Inc. (“MVB Bank”) as one of the 2023 Best Medium Workplaces and 2023 Best Workplaces in Financial Services & Insurance. Earning this recognition means that MVB ranks among the best companies to work for in the country.
Aug 17, 2023 04:30 pm ET
MVB Financial Corp. Declares Third Quarter 2023 Dividend
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 declared in the previous quarter for shareholders of record as of September 1, 2023, payable on September 15, 2023. This is the third quarterly dividend for 2023.
Jul 27, 2023 04:34 pm ET
MVB Financial Corp. Announces Second Quarter 2023 Results
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the second quarter of 2023, with reported net income of $8.1 million, or $0.64 basic and $0.63 diluted earnings per share.
Jun 05, 2023 04:30 pm ET
MVB Bank Announces Two Key Promotions on the Finance Team
MVB Financial Corp. (Nasdaq: MVBF) (“MVB,” “MVB Financial” or the “Company”), the parent holding company for MVB Bank (the “Bank”), has announced two key promotions on the Finance Team, under the leadership of Don Robinson, President and Chief Financial Officer, MVB Financial.
May 10, 2023 04:30 pm ET
MVB Financial Corp. Declares Second Quarter 2023 Dividend
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 declared in the previous quarter for shareholders of record as of June 1, 2023, payable on June 15, 2023. This is the second quarterly dividend for 2023.
May 09, 2023 04:35 pm ET
MVB Financial Corp. and Integrated Financial Holdings, Inc. Announce Termination of Merger Agreement
MVB Financial Corp. (Nasdaq: MVBF) (“MVB” or “MVB Financial”) and Integrated Financial Holdings, Inc. (OTCQX: IFHI) (“IFHI”), announced today that they have mutually agreed to terminate their previously announced merger agreement dated August 12, 2022.
Apr 27, 2023 04:30 pm ET
MVB Financial Corp. Announces First Quarter 2023 Results
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the first quarter of 2023, with reported net income of $11.3 million, or $0.90 basic and $0.87 diluted earnings per share.
Mar 01, 2023 08:30 am ET
MVB Completes Sale of Chartwell to Ankura
MVB Bank, Inc. (“MVB Bank”), a wholly-owned subsidiary of MVB Financial Corp. (“MVB Financial,” “MVB”) (NASDAQ: MVBF), today announced that Ankura Consulting Group, LLC (“Ankura”), a leading global expert services and advisory firm, has acquired Chartwell Compliance (“Chartwell”), a leading global regulatory compliance and risk management firm and wholly-owned subsidiary of MVB Bank.
Feb 17, 2023 04:30 pm ET
MVB Financial Corp. Declares First Quarter 2023 Dividend
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 declared in the previous quarter for shareholders of record as of March 1, 2023, payable on March 15, 2023. This is the first quarterly dividend for 2023.
Feb 17, 2023 08:30 am ET
MVB Financial Corp. Announces Fourth Quarter and Full Year 2022 Results
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the fourth quarter and year ended December 31, 2022, with reported net income of $6.5 million, or $0.52 basic and $0.50 diluted earnings per share for the three months ended December 31, 2022.
Jan 26, 2023 04:30 pm ET
MVB Financial Corp. and Integrated Financial Holdings, Inc. Announce Shareholder Approval of Merger Agreement
MVB Financial Corp. (Nasdaq: MVBF) (“MVB” or “MVB Financial”) and Integrated Financial Holdings, Inc. (OTCQX: IFHI) (“IFHI”), jointly announced today that each has received shareholder approval of the Agreement and Plan of Merger and Reorganization, dated as of August 12, 2022 (the “Merger Agreement”), by and between MVB and IFHI, and the transactions contemplated thereby, including the merger of IFHI with and into MVB, with MVB as the surviving company. The merger, which was announced on August 12, 2022, is expected to close in the first quarter of 2023, subject to satisfaction of customary c
Dec 23, 2022 04:30 pm ET
MVB Bank Receives BAI Global Innovation Award
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 Global Innovation Awards, receiving recognition for its strategic efforts in enhancing the onboarding experience for new Fintech clients through Victor Technologies, Inc. (“Victor”), a wholly-owned subsidiary of MVB Edge Ventures, Inc.
Dec 22, 2022 04:30 pm ET
FHLBank Pittsburgh Awards $1.5 Million to Four MVB Bank-Sponsored Affordable Housing Projects in North Central West Virginia
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 subsidiary of MVB Financial Corp. (“MVB Financial”) (NASDAQ: MVBF) (collectively “MVB”). These awards are part of the 2022 funding round of FHLBank’s Affordable Housing Program (“AHP”) grants and voluntary housing grant initiative.
Dec 14, 2022 10:29 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MVBF, EQ, MTCR, SESN
NEW YORK, Dec. 14, 2022 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Nov 21, 2022 04:30 pm ET
MVB Bank Named One of American Banker’s 2022 Best Banks to Work For
MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB Financial”) (NASDAQ: MVBF) (collectively “MVB”), has been named one of American Banker Magazine’s Best Banks to Work For for the second consecutive year. MVB placed number 14 among the 90 U.S. banks in the ranking, which assesses employee satisfaction in areas including corporate culture and communications, training and development opportunities and pay and benefits.
Nov 16, 2022 04:30 pm ET
MVB Financial Corp. Declares Fourth Quarter 2022 Dividend
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 declared in the previous quarter for shareholders of record as of December 1, 2022, payable on December 15, 2022. This is the fourth quarterly dividend for 2022.
Nov 06, 2022 01:07 pm ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MVBF, SMBC, SPNE, SLDB
Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: MVB Financial Corp. (NASDAQ: MVBF)’s...
Oct 31, 2022 08:30 am ET
MVB Financial Corp. Announces Third Quarter 2022 Results
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the third quarter of 2022, with reported net income of $2.7 million, or $0.22 basic and $0.21 diluted earnings per share.
Oct 19, 2022 04:30 pm ET
MVB Financial Corp. Names Jan L. Owen as Director
The Board of Directors of MVB Financial Corp. (“MVBF” or “MVB Financial”) (Nasdaq: MVBF) has announced the appointment of Jan L. Owen as a Member of the Board.
Oct 03, 2022 04:30 pm ET
MVB Financial Corp. Completes Execution of Strategic Minority Investment in Warp Speed Holdings LLC
MVB Financial Corp. (Nasdaq: MVBF) (“MVB” or the “Company”), the parent holding company for MVB Bank (the “Bank”), has announced the completion of the previously announced transaction in which MVBF has acquired a 37.5% interest in Warp Speed Holdings LLC (“Warp”) for $48 million (the “Consideration”). The Consideration is comprised of $38.4 million cash and $9.6 million in MVB common stock, with the number of shares issued being based on the volume weighted average closing price for shares of MVB common stock for the 20 trading days ending the day prior to the closing date.
Sep 22, 2022 09:43 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates RNWK, LOTZ, STAR, MVBF
NEW YORK, Sept. 22, 2022 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Sep 21, 2022 09:00 pm ET
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, In
NEW ORLEANS, Sept. 21, 2022 /PRNewswire/ -- 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 Financial Holdings, Inc. ("IFH") (OTC: IFHI) to MVB Financial Corp. (Nasdaq: MVBF).  Under the terms of the proposed transaction, shareholders of IFH will receive 1.21 shares of MVB common stock for each share of IFH that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Sep 16, 2022 12:17 pm ET
INVESTIGATION ALERT: Halper Sadeh LLC Investigates FBMS, GBT, MVBF
NEW YORK, Sept. 16, 2022 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Sep 14, 2022 04:30 pm ET
MVB Financial Corp. to Appoint Steven E. Crouse as Chief Financial Officer
In connection with the previously announced definitive merger agreement of MVB Financial Corp. (“MVBF,” “MVB Financial” or “MVB”) (Nasdaq: MVBF) and Integrated Financial Holdings Inc. (“IFH”) (OTCQX: IFHI), Steven E. Crouse will be appointed Chief Financial Officer of MVBF upon closing of the transaction.
Sep 09, 2022 08:30 am ET
Quartz Names MVB Bank as One of 2022 Best Companies for Remote Workers™
Quartz Media has named MVB Bank, Inc. (“MVB Bank”) as one of the 2022 Best Companies for Remote Workers™. Earning a ranking of number 7 on the list for large companies means that MVB is one of the best companies to work for in the country.
Sep 08, 2022 08:30 am ET
Fortune and Great Place to Work® Name MVB Bank to List of 2022 Best Workplaces in Financial Services & Insurance™
Great Place to Work® and Fortune magazine have honored MVB Bank, Inc. (“MVB Bank”) as one of the 2022 Best Workplaces in Financial Services & Insurance. Earning a spot means that MVB is one of the best companies to work for in the country.
Sep 06, 2022 09:00 am ET
SHAREHOLDER NOTICE: Halper Sadeh LLP Investigates STAR, MVBF, FMTX, TRQ
NEW YORK, Sept. 6, 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 of fiduciary duties to shareholders relating to:
Aug 29, 2022 09:00 am ET
SHAREHOLDER INVESTIGATION NOTICE: Halper Sadeh LLP Investigates SAFE, STAR, MVBF, ADES, FTAI
NEW YORK, Aug. 29, 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 of fiduciary duties to shareholders relating to:
Aug 25, 2022 04:30 pm ET
W. Marston Becker Named Chairman of the MVB Financial Corp. Board of Directors
The Board of Directors of MVB Financial Corp. (“MVBF” or “MVB Financial”) (Nasdaq: MVBF) has announced that W. Marston Becker has been named Chairman of the Board.
Aug 22, 2022 09:45 am ET
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 of fiduciary duties to shareholders relating to:
Aug 19, 2022 08:42 am ET
SHAREHOLDER INVESTIGATION NOTICE: Halper Sadeh LLP Investigates MVBF, HIL, CCXI, IRBT
Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: MVB Financial Corp. (NASDAQ: MVBF)’s...
Aug 17, 2022 04:30 pm ET
MVB Financial Corp. Declares Third Quarter 2022 Dividend
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 declared in the previous quarter for shareholders of record as of September 1, 2022, payable on September 15, 2022. This is the third quarterly dividend for 2022, a 21% increase from third quarter 2022 compared to third quarter 2021.
Aug 17, 2022 11:31 am ET
SHAREHOLDER INVESTIGATION NOTICE: Halper Sadeh LLP Investigates GMTX, MVBF, FTAI, LOTZ
NEW YORK, Aug. 17, 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 of fiduciary duties to shareholders relating to:
Aug 15, 2022 08:29 am ET
MVBF Stock Alert: Halper Sadeh LLP Is Investigating Whether the Merger of MVB Financial Corp. Is Fair to Shareholders
Halper Sadeh LLP, an investor rights law firm, is investigating whether the merger of MVB Financial Corp. (NASDAQ: MVBF) and Integrated Financial Holdings, Inc. (“IFH”) is fair to MVB Financial shareholders. Under the terms of the merger agreement, IFH shareholders will receive 1.21 shares of MVB Financial common stock for each share of IFH common stock.
Aug 12, 2022 08:30 am ET
MVB Financial Corp. Announces Merger with Integrated Financial Holdings
MVB Financial Corp. (“MVB,” “MVB Financial”) (Nasdaq: MVBF), the holding company for MVB Bank, Inc. (“MVB Bank”), announced today that it has entered into a definitive merger agreement pursuant to which MVB will acquire Integrated Financial Holdings, Inc. (“IFH”) (OTCQX: IFHI) in an all-stock transaction. The strategic combination is expected to accelerate a fast track growth vehicle for MVB by expanding its government guaranteed lending business, including SBA and USDA originations and servicing.
Aug 09, 2022 04:30 pm ET
Fortune and Great Place to Work® Name MVB Bank One of the 2022 Best Medium Workplaces™
Great Place to Work® and Fortune magazine have honored MVB Bank, Inc. (“MVB Bank”) as one of their 2022 Best Medium Workplaces. Earning a spot means that MVB is one of the best companies to work for in the country.
Aug 01, 2022 05:00 pm ET
MVB Financial Corp. Announces Second Quarter 2022 Results
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the second quarter of 2022, with reported net income of $3.0 million, or $0.24 basic and $0.23 diluted earnings per share.
Jun 14, 2022 04:30 pm ET
MVB Financial Corp. Announces Achievement of Carbon Neutral Status
MVB Financial Corp. (“MVBF,” “MVB Financial” or “MVB”) (Nasdaq: MVBF) has announced the successful completion of its plan to achieve Carbon Neutral status.
May 18, 2022 04:30 pm ET
MVB Financial Corp. Declares Second Quarter 2022 Dividend
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 declared in the previous quarter for shareholders of record as of June 1, 2022, payable on June 15, 2022. This is the second quarterly dividend for 2022.
May 18, 2022 08:30 am ET
MVB Financial Corp. Names Lindsay Slader as Director
The Board of Directors of MVB Financial Corp. (“MVB” or “MVB Financial”) (Nasdaq: MVBF) has announced the appointment of Lindsay Slader as a Member of the Board.
May 05, 2022 04:30 pm ET
ICBA Ranks MVB Bank as One of the Top-Performing Banks of 2021
ICBA has ranked MVB Bank, Inc. (“MVB Bank”) as the number 25 Best of the Best Top-Performing Community Bank of 2021 in the over $1 billion category, as announced earlier this week by Independent Banker in its annual listing.
May 02, 2022 04:30 pm ET
MVB Financial Corporation Announces First Quarter 2022 Results
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the first quarter of 2022, with reported net income of $2.9 million, or $0.24 basic and $0.22 diluted earnings per share.
Mar 14, 2022 08:30 am ET
MVB Financial Corp. Announces Strategic Minority Investment in Warp Speed Holdings LLC
MVB Financial Corp. (Nasdaq: MVBF) (“MVB” or the “Company”), the parent holding company for MVB Bank (the “Bank”), today announced the execution of a definitive agreement pursuant to which the Bank will acquire a 38% interest in Warp Speed Holdings LLC (“Warp”) for $48 million (the “Consideration”). The Consideration will be comprised of $38.4 million cash and $9.6 million in MVB common stock, with the number of shares issued being based on the volume weighted average closing price for shares of MVB common stock for the 20 trading days ending the day prior to the closing date.
Feb 17, 2022 04:32 pm ET
MVB Financial Corporation Announces Fourth Quarter Results and Record Earnings for Year-End 2021
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the fourth quarter and year ended December 31, 2021, with reported net income of $10.0 million, or $0.83 basic and $0.77 diluted earnings per share for the three months ended December 31, 2021.
Feb 16, 2022 04:30 pm ET
MVB Financial Corp. Declares First Quarter 2022 Dividend
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”) has declared a quarterly cash dividend of $0.17 per share, an increase of $0.02 per share from the previous quarter, for shareholders of record as of March 1, 2022, payable on March 15, 2022. This is the first quarterly dividend for 2022 and includes a 13.3% increase in dividends as compared to the previous quarter dividend of $0.15 per share.
Jan 27, 2022 04:30 pm ET
MVB Announces Executive Management Structural Changes
The Board of Directors of MVB Financial Corp. (“MVBF” or “MVB Financial”) (Nasdaq: MVBF) has announced changes to the structure of MVB’s Executive Team.
Jan 20, 2022 04:30 pm ET
MVB Financial Corp. Names Dan Holt as Director
The Board of Directors of MVB Financial Corp. (“MVB” or “MVB Financial”) (Nasdaq: MVBF) has announced the appointment of Daniel W. Holt as a Member of the Board.
Dec 07, 2021 08:30 am ET
MVB Financial Earns 2021 Great Place to Work Certification™
MVB Financial Corp. (“MVB Financial,” “MVB”) (NASDAQ: MVBF) has been Certified™ by Great Place to Work®. The prestigious award is based entirely on what current MVB Team Members say about their experience working at MVB. This year, 94% of Team Members said MVB is a great place to work – compared to 59% of employees at a typical U.S.-based company.
Dec 02, 2021 04:30 pm ET
The Banker Names MVB Bank as 2021 Bank of the Year – United States
MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB Financial”) (NASDAQ: MVBF) has been named Bank of the Year – United States for 2021 by The Banker magazine, a leading global finance news publication published by the Financial Times of London.
Nov 17, 2021 08:30 am ET
MVB Financial Corp. Declares Fourth Quarter 2021 Dividend
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or the “Company”) has declared a quarterly cash dividend of $0.15 per share for shareholders of record as of December 1, 2021, payable on December 15, 2021. This is the fourth quarterly dividend for 2021 and includes a 7% increase in dividends as compared to the previous quarter dividend of $0.14 per share.
Nov 08, 2021 04:30 pm ET
MVB Bank Named One of American Banker “Best Banks to Work For in 2021”
MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB Financial”) (NASDAQ: MVBF) (collectively “MVB”), has been named one of American Banker Magazine’s “Best Banks to Work For in 2021.” MVB placed number 21 among the 90 U.S. banks in the ranking, which assesses employee satisfaction in areas including corporate culture and communications, training and development opportunities and pay and benefits.
Nov 04, 2021 04:30 pm ET
Fortune Names MVB Financial to Its List of 100 Fastest-Growing Companies
MVB Financial Corp. (“MVB Financial” “MVB”) (NASDAQ: MVBF) announced today it ranks number 29 on Fortune’s 100 Fastest-Growing Companies list for 2021. Fortune’s annual list recognizes the top performing, publicly traded companies in revenues, profits and stock returns over the three-year period ended April 30, 2021. The designation highlights MVB’s strong performance since joining The Nasdaq Capital Market® in December 2017.
Nov 01, 2021 04:30 pm ET
Fintech Initiatives Continue to Power Core Funding Transformation
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”) today reported net income of $11.8 million, or $1.00 basic and $0.92 diluted earnings per share for the three months ended September 30, 2021.
Sep 07, 2021 04:15 pm ET
MVB Bank, Victor and NYDIG Announce Partnership to Offer Industry’s First White Label Bitcoin and Banking Platform to Fintechs
MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB Financial”) (NASDAQ: MVBF) (collectively “MVB”) and Victor Technologies, Inc. (“Victor”), a wholly-owned subsidiary of MVB Edge Ventures, Inc., today announced a partnership with NYDIG, a leading technology and financial services firm dedicated to Bitcoin, to integrate Bitcoin into MVB’s industry-leading Banking-as-a-Service (BaaS) solutions. This partnership will allow MVB’s Fintech clients to offer Bitcoin-related products – all powered by NYDIG’s secure, regulated, full-stack platform – alongside the banking products MVB
Aug 26, 2021 04:30 pm ET
MVB Expands Investment in Interchecks Technologies, Inc.
MVB Financial Corp. (“MVB Financial”) (Nasdaq: MVBF) and MVB Bank, Inc. (“MVB Bank”) (collectively “MVB”), announced today the expansion of its investment in Interchecks Technologies, Inc., a leading payment disbursement platform.
Aug 09, 2021 09:00 am ET
MVB Financial Corp. Declares Third Quarter 2021 Dividend
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or the “Company”) has declared a quarterly cash dividend of $0.14 per share for shareholders of record as of September 1, 2021, payable on September 15, 2021.
Jul 29, 2021 04:05 pm ET
Growth in Noninterest-Bearing Deposits and Loans Drive Earnings Above Expectations
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”) today reported net income of $9.2 million, or $0.79 basic and $0.73 diluted earnings per share for the three months ended June 30, 2021.
Jul 12, 2021 08:30 am ET
MVB Completes Sale of South Market WV Banking Centers
MVB Financial Corp. (“MVB” “MVB Financial”) (NASDAQ: MVBF), announced today that its wholly-owned subsidiary, MVB Bank, Inc. (“MVB Bank”) has closed the sale of four banking centers in Southern West Virginia to Summit Community Bank, Inc., a subsidiary of Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF).
Jul 12, 2021 06:00 am ET
Summit Community Bank Inc. Completes Its Acquisition of Four Southern WV Branch Banking Centers
Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today reported that its wholly-owned subsidiary, Summit Community Bank, Inc., has completed its previously announced acquisition of four full-service branch banking offices and two drive-up...
Jun 15, 2021 04:30 pm ET
MVB Bank Launches MVB Edge Ventures
MVB Bank, Inc. (“MVB Bank,” “MVB”) today announced the formation of a new wholly-owned subsidiary, MVB Edge Ventures.
May 19, 2021 04:00 pm ET
MVB Financial Corp. Declares Second Quarter 2021 Dividend
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or the “Company”) has declared a quarterly cash dividend of $0.12 per share for shareholders of record as of June 1, 2021, payable on June 15, 2021.
May 10, 2021 04:30 pm ET
ICBA Ranks MVB Bank as One of Best Performing Banks of 2020
ICBA has ranked MVB Bank, Inc. (“MVB Bank”) as the number 15 Best Performing Bank of 2020 in the over $1 billion category, as announced this month by Independent Banker in its annual listing.
May 03, 2021 08:45 am ET
Strong First Quarter Growth in Loans, Deposits and Investments in Technology is Distancing MVB from the Pack
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or the “Company”) today reported net income of $8.1 million, or $0.70 basic and $0.66 diluted earnings per share for the three months ended March 31, 2021.
Apr 23, 2021 08:30 am ET
MVB Bank to Sell Four Banking Centers to Summit Community Bank
MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB” “MVB Financial”) (NASDAQ: MVBF), announced today the signing of a definitive agreement under which Summit Community Bank, Inc., a subsidiary of Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF), will acquire substantially all of MVB Bank’s Southern West Virginia community banking operations, including its full service banking centers located at: 400 Washington Street East, Charleston; 3754 Teays Valley Road, Hurricane; 660 Central Avenue, Barboursville; and 999 4th Avenue, Huntington. In addition, Summit will acquire
Apr 23, 2021 08:30 am ET
MVB Bank to Sell Four Banking Centers to Summit Community Bank
MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB” “MVB Financial”) (NASDAQ: MVBF), announced today the signing of a definitive agreement under which Summit Community Bank, Inc., a subsidiary of Summit Financial Group, Inc....
Apr 19, 2021 08:30 am ET
MVB Acquires Majority Interest in Trabian Technology, Inc.
MVB Financial Corp. (“MVB,” “MVB Financial”) (Nasdaq: MVBF), the holding company for MVB Bank, Inc. (“MVB Bank”), announced today its acquisition by MVB Bank of a majority interest in Trabian Technology, Inc. (“Trabian”), a leading software development firm serving financial institutions.
Feb 18, 2021 04:05 pm ET
MVB Financial Corp. Reports Strong Fourth Quarter 2020 Results and Finishes 2020 with Record Earnings
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or the “Company”) today reported net income of $11.8 million, or $1.00 basic and $0.97 diluted earnings per share, for the three months ended December 31, 2020. For the year ended December 31, 2020, the Company reported net income of $37.4 million, or $3.13 basic and $3.06 diluted earnings per share.
Feb 17, 2021 04:01 pm ET
MVB Financial Corp. Declares First Quarter 2021 Dividend
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or the “Company”) has declared a quarterly cash dividend of $0.10 per share payable on March 15, 2021, to shareholders of record at the close of business on March 1, 2021.
Dec 23, 2020 04:15 pm ET
MVB Financial Corp. Announces Final Results of Tender Offer
MVB Financial Corp. (NASDAQ: MVBF) (“MVB” or the “Company”) announced today the final results of its modified “Dutch auction” tender offer to purchase, for cash, up to $45.0 million of its common stock at a price per share not less than $18.00 and not greater than $20.25, which expired at 5:00 p.m., New York City time, at the end of the day on December 18, 2020.
Dec 21, 2020 04:15 pm ET
MVB Financial Corp. Announces Preliminary Results of Tender Offer
MVB Financial Corp. (NASDAQ: MVBF) (“MVB” or the “Company”) announced today the preliminary results of its modified “Dutch auction” tender offer to purchase, for cash, up to $45.0 million of its common stock at a price per share not less than $18.00 and not greater than $20.25, which expired at 5:00 p.m., New York City time, at the end of the day on December 18, 2020.
Nov 30, 2020 04:30 pm ET
MVB Financial Corp. Announces Completion of $40 Million Subordinated Notes Offering and Satisfaction of Financing Condition Under “Dutch Auction” Tender Offer
MVB Financial Corp. (NASDAQ: MVBF) (“MVB” or the “Company”) announced today the completion of a private placement of $40 million of 4.25% fixed to floating rate subordinated notes due 2030 (the “Notes”) to certain qualified institutional buyers. The Company intends to use the net proceeds from the sale of Notes to purchase shares of its common stock pursuant to the previously announced modified “Dutch Auction” tender offer and any remaining proceeds for general corporate purposes. The completion of the private placement of the Notes was a condition to the tender offer. This condition has now b
Nov 18, 2020 04:35 pm ET
MVB Financial Corp. Declares Fourth Quarter 2020 Dividend
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial” or “MVB”) has declared a quarterly cash dividend of $0.09 per share payable on December 15, 2020, to shareholders of record at the close of business on December 1, 2020, maintaining the dividend declared in the previous quarter.
Nov 18, 2020 04:30 pm ET
MVB Financial Corp. Names W. Marston Becker as New Board Member
The Board of Directors of MVB Financial Corp. (“MVB” or “MVB Financial”) (Nasdaq: MVBF) has announced the appointment of W. Marston “Marty” Becker as a Member of the Board.
Nov 17, 2020 08:30 am ET
MVB Financial Corp. Commences Modified Dutch Auction Tender Offer to Repurchase up to $45.0 Million of its Common Stock
MVB Financial Corp. (NASDAQ: MVBF) (“MVB” or the “Company”) announced today that it has commenced a modified “Dutch auction” tender offer (the “Tender Offer”) to purchase, for cash, up to $45.0 million of its common stock (the “Common Stock”) at a price per share not less than $18.00 and not greater than $20.25, less any applicable withholding taxes and without interest. The Company intends to purchase the shares using available cash on hand and proceeds from an anticipated private placement of subordinated notes to certain institutional accredited investors. On November 16, 2020, the closing
Nov 02, 2020 04:30 pm ET
MVB Financial Corp. Reports Strong Third Quarter 2020 Results with a 50% Increase in Net Income, a 134% Increase in Noninterest-Bearing Deposits, and a 25% Increase In Tangible Book Value from Previou
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or the “Company”) today reported net income of $6.5 million, or $0.53 basic and diluted earnings per share for the three months ended September 30, 2020.
Sep 16, 2020 09:00 am ET
MVB Financial Corp. Names Anna Sainsbury as New Board Member
The Board of Directors of MVB Financial Corp. (“MVB” “MVB Financial”) (Nasdaq: MVBF) has announced the appointment of Anna Sainsbury as a Member of the Board.
Aug 21, 2020 09:06 am ET
MVB Financial Corp. Declares Third Quarter 2020 Dividend
This is the third quarterly dividend for 2020, totaling $0.27 per share payout year to date.
Aug 19, 2020 08:45 am ET
MVB Financial Corp. Announces Extension of Stock Repurchase Program
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial” or “MVB”) today announced the approval to extend the current stock repurchase program.
Aug 04, 2020 08:46 am ET
Innovative Relationship Between Chartwell Compliance and MVB Creates Unique Opportunities on the Financial Frontier
Less than a year ago, MVB Financial Corp. (“MVB,” “MVB Financial”) (Nasdaq: MVBF), the holding company for MVB Bank, Inc., announced that Chartwell Compliance had joined the MVB family through its acquisition as a wholly-owned subsidiary of MVB Bank. Today, Chartwell Compliance has fully integrated into the MVB family and is leveraging the innovative relationship to create unique opportunities on the financial frontier.
Jul 28, 2020 08:45 am ET
MVB Financial Corp. Reports Strong and Active Second Quarter 2020 Results with a 17% Increase in Net Income and a 95% Increase in Noninterest-Bearing Deposits from Previous Year
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or the “Company”) today reported net income of $18.0 million, or $1.50 basic and $1.49 diluted earnings per share for the three months ended June 30, 2020.
Jul 27, 2020 08:45 am ET
MVB Financial Corp. to Participate in the KBW Virtual Community Bank Investor Conference
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial” or “MVB”) today announced that Larry F. Mazza, President and CEO, and Donald T. Robinson, Executive Vice President and CFO, will participate in the KBW Virtual Community Bank Investor Conference, which takes place July 28 through 30, 2020. During the conference, the management team will hold a series of meetings with institutional investors.
Jul 01, 2020 04:15 pm ET
MVB Mortgage and Intercoastal Mortgage Company Combine to Become One of the Largest Independent Mortgage Banking Operations in the Mid-Atlantic Region
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial” or “MVB”) and its wholly-owned subsidiary MVB Bank, Inc. (the “Bank”) announce that the Bank’s subsidiary Potomac Mortgage Group, Inc. (dba MVB Mortgage) has completed a combination with Intercoastal Mortgage Company (“ICMC”), a Van Metre Company. MVB Mortgage and ICMC have today, July 1, become one of the largest independently owned residential mortgage lending operations in the Mid-Atlantic Region: Intercoastal Mortgage, LLC (“ICM”).
May 20, 2020 04:00 pm ET
MVB Financial Corp. Declares Second Quarter 2020 Dividend
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial” or “MVB”) has declared a quarterly cash dividend of $0.09 per share payable on June 15, 2020, to shareholders of record at the close of business on June 1, 2020, maintaining the dividend declared in the previous quarter.
Apr 28, 2020 04:05 pm ET
MVB Financial Corp. Reports First Quarter 2020 Results with a 37.5% Increase in Noninterest-Bearing Deposits from Year End
MVB Financial Corp. (the “Company”) (NASDAQ: MVBF) today reported net income of $1.0 million, or $0.08 basic and diluted earnings per share for the three months ended March 31, 2020.
Apr 24, 2020 05:30 pm ET
Summit Community Bank Inc. Completes Its Acquisition of Four WV Eastern Panhandle Branch Banking Offices
Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today reported that its wholly-owned subsidiary, Summit Community Bank, Inc. has completed its previously announced acquisition of four branch banking offices of MVB Bank, Inc., a wholly-owned...
Apr 24, 2020 05:18 pm ET
MVB Bank Closes Sale of Four WV Eastern Panhandle Banking Centers
MVB Financial Corp. (“MVB” “MVB Financial”) (NASDAQ: MVBF), announced today that its wholly-owned subsidiary MVB Bank, Inc. (“MVB Bank”) has closed the sale of its four banking centers in the Eastern Panhandle of West Virginia to Summit Community Bank, Inc., a subsidiary of Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF).
Apr 17, 2020 04:00 pm ET
MVB Financial Corp. Acquires Paladin Group
MVB Financial Corp. (“MVB,” “MVB Financial”) (Nasdaq: MVBF), the holding company for MVB Bank, Inc., announced today Paladin, LLC (“Paladin”) has joined the MVB family through its acquisition by a wholly-owned subsidiary of MVB Bank. The move further differentiates MVB’s expanding Fintech vertical with its commitment to fraud prevention.
Apr 03, 2020 04:22 pm ET
MVB Bank Acquires Deposits and Certain Assets of The First State Bank
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial” or “MVB”) and its wholly-owned subsidiary MVB Bank, Inc. (“MVB Bank”) announced that MVB Bank has purchased the deposits and certain assets of The First State Bank (“First State”) through an agreement with the Federal Deposit Insurance Corporation (FDIC). The West Virginia Department of Financial Institutions declared First State insolvent today and appointed the FDIC as receiver. The purchase by MVB Bank is effective immediately. As of December 31, 2019, First State had approximately $139.5 million in total deposits.
Mar 03, 2020 09:30 am ET
MVB Mortgage and Intercoastal Mortgage Company Enter Agreement to Form One of the Largest Independent Mortgage Banking Operations in the Mid-Atlantic Region
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial” or “MVB”) and its wholly-owned subsidiary MVB Bank, Inc. (the “Bank”) announce that the Bank’s subsidiary Potomac Mortgage Group, Inc. (dba MVB Mortgage) has entered into an agreement with Intercoastal Mortgage Company (“ICMC”), a Van Metre Company. MVB Mortgage and ICMC will form one of the largest independently owned residential mortgage lending operations in the Mid-Atlantic Region: Intercoastal Mortgage, LLC.
Feb 20, 2020 04:15 pm ET
MVB Financial Corp. Declares First Quarter 2020 Dividend
MVB Financial Corp. (NASDAQ: MVBF) (“MVB”) has declared a quarterly cash dividend of $0.09 per share payable on March 15, 2020, to shareholders of record at the close of business on March 1, 2020.
Feb 20, 2020 08:45 am ET
MVB Financial Corp. Reports 125% Increase in Annual Earnings and a 39% Increase in Noninterest-Bearing Deposits in 2019
MVB Financial Corp. (the "Company") (NASDAQ: MVBF) today reported net income of $26.6 million, or $2.22 and $2.16 basic and diluted earnings per share, respectively, excluding discontinued operations, for the year ended December 31, 2019. This represents a 125% increase over the prior year. For the quarter ended December 31, 2019, the Company reported net income of $4.1 million, or $0.34 and $0.32 basic and diluted earnings per share, respectively.
Nov 22, 2019 08:30 am ET
MVB Bank to Sell Four WV Eastern Panhandle Banking Centers to Summit Community Bank
MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB” “MVB Financial”) (NASDAQ: MVBF), announced today the signing of a definitive agreement under which Summit Community Bank, Inc., a subsidiary of Summit Financial Group, Inc....
Nov 22, 2019 08:30 am ET
MVB Bank to Sell Four WV Eastern Panhandle Banking Centers to Summit Community Bank
MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB” “MVB Financial”) (NASDAQ: MVBF), announced today the signing of a definitive agreement under which Summit Community Bank, Inc., a subsidiary of Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF), will acquire three MVB Bank locations in Berkeley County (651 Foxcroft Ave., Martinsburg; 231 Aikens Center, Martinsburg; and 5091 Gerrardstown Road, Inwood) and one MVB Bank location in Jefferson County (88 Somerset Boulevard, Charles Town). Summit will assume certain deposits and loans whose balances at September 30, 2019, w
Nov 20, 2019 04:15 pm ET
MVB Financial Corp. Declares Fourth Quarter 2019 Dividend
MVB Financial Corp. (NASDAQ: MVBF) (MVB) has declared a quarterly cash dividend of $0.07 per share payable on December 15, 2019, to shareholders of record at the close of business on December 1, 2019.
Nov 08, 2019 10:00 am ET
MVB Financial Corp. to Participate in the Sandler O’Neill + Partners 2019 East Cost Financial Services Conference
MVB Financial Corp. (the “Company”) (NASDAQ: MVBF) today announced that Larry F. Mazza, President and CEO, and Donald T. Robinson, Executive Vice President and CFO, will participate in the Sandler O’Neill + Partners, L.P. 2019 East Coast Financial Services Conference being held in Naples, Fla., on November 14, 2019. During the conference, the management team will hold a series of meetings with analysts and institutional investors. The presentation materials will be available on the Company’s Investor Relations website at
Oct 30, 2019 10:00 am ET
MVB Financial Corp. to Participate in the Hovde Group 2019 Community Bank Investor Conference
MVB Financial Corp. (the “Company”) (NASDAQ: MVBF) today announced that Larry F. Mazza, President and CEO, and Donald T. Robinson, Executive Vice President and CFO, will participate in the Hovde Group 2019 Community Bank Investor Conference being held in Scottsdale, Ariz., on November 4 and 5, 2019. During the conference, the management team will hold a series of meetings with analysts and institutional investors. The presentation materials will be available on the Company’s Investor Relations website at
Oct 28, 2019 04:15 pm ET
MVB Financial Corp. Reports Strong Third Quarter 2019 with a 21% Increase in Net Income and a 14% Increase in Noninterest-Bearing Deposits from Previous Year
MVB Financial Corp. (the “Company”) (NASDAQ: MVBF) today reported net income of $4.3 million, or $0.36 basic and $0.35 diluted earnings per share, excluding discontinued operations, for the three months ended September 30, 2019.
Sep 16, 2019 08:30 am ET
MVB Financial Corp. Acquires Chartwell Compliance
MVB Financial Corp. (“MVB,” “MVB Financial”) (Nasdaq: MVBF), the holding company for MVB Bank, Inc., announced today Chartwell Compliance has joined the MVB family through its acquisition as a wholly-owned subsidiary of MVB Bank. The move further reinforces MVB’s 3.0 strategy of seeking “blue ocean” opportunities and differentiates MVB’s expanding Fintech vertical with its commitment to regulatory and compliance excellence.
Aug 29, 2019 10:30 am ET
MVB Financial Corp. to Participate in the Raymond James Emerging Bank Symposium
MVB Financial Corp. (NASDAQ: MVBF) today announced that Larry F. Mazza, President and CEO, and Donald T. Robinson, Executive Vice President and CFO, will participate in the Raymond James Emerging Bank Symposium being held in Chicago on September 5, 2019. During the conference, the management team will hold a series of meetings with institutional investors.
Aug 21, 2019 04:15 pm ET
MVB Financial Corp. Declares Third Quarter 2019 Dividend
MVB Financial Corp. (NASDAQ: MVBF) (“MVB”) has declared a quarterly cash dividend of $0.05 per share payable on September 15, 2019, to shareholders of record at the close of business on September 1, 2019.
Aug 12, 2019 04:30 pm ET
MVB Financial Corp. Announces New Stock Repurchase Program
The Board of Directors of MVB Financial Corp. (“MVB Financial” or “MVB”) (NASDAQ: MVBF) today announced the approval of a new stock repurchase program.
Jul 29, 2019 08:45 am ET
MVB Financial Corp. Reports Strong Second Quarter 2019 Driven by a 72% Increase in Core Earnings
MVB Financial Corp. (the “Company”) (NASDAQ: MVBF) today reported net income of $14.9 million, or $1.27 basic and $1.15 diluted earnings per share, excluding discontinued operations, for the three months ended June 30, 2019, an increase of 367.8%, compared to $3.2 million, or $0.26 basic and diluted for the three months ended March 31, 2019, and an increase of 427.4%, compared to $2.8 million, or $0.25 basic and diluted for the same time period in 2018.
Jul 24, 2019 04:05 pm ET
MVB Financial Corp. to Participate in the 20th Annual KBW Community Bank Investor Conference
MVB Financial Corp. (the “Company”) (NASDAQ: MVBF) today announced that Larry F. Mazza, President and CEO, and Donald T. Robinson, Executive Vice President and CFO, will participate in the 20th Annual KBW Community Bank Investor Conference being held in New York City on July 30 and 31, 2019. During the conference, the management team will hold a series of meetings with institutional investors, as well as give a presentation.
Jul 17, 2019 04:15 pm ET
MVB Financial Corp. Announces Subordinated Debt Redemption
The Board of Directors of MVB Financial Corp. (“MVB Financial” or “MVB”) (NASDAQ: MVBF) today announced the intention to redeem $12.4 million in subordinated debt, which was issued in June 2014.
Jun 24, 2019 12:00 pm ET
MVB Bank Recognized for Outstanding Community Impact, Receives Pillars of the Community Award
MVB Bank was presented today with the prestigious FHLBank Pittsburgh Pillars of the Community Award in recognition of the bank’s commitment to community lending, revitalization and service. The Pillars Award is FHLBank Pittsburgh’s highest honor and is presented annually to select FHLBank members.
May 21, 2019 12:30 pm ET
MVB Financial Corp. Elects Alvarez as Chairman, Names Spielman as New Board Member
The Board of Directors of MVB Financial Corp. (“MVB” “MVB Financial”) (Nasdaq: MVBF) has elected David B. Alvarez as Chairman of the Board and has announced the appointment of Cheryl Spielman as a Member of the Board.
May 20, 2019 04:05 pm ET
MVB Financial Corp. Declares Second Quarter 2019 Dividend
MVB Financial Corp. (NASDAQ: MVBF) (MVB) has declared a quarterly cash dividend of $0.04 per share payable on June 15, 2019, to shareholders of record at the close of business on June 1, 2019.
May 01, 2019 04:05 pm ET
MVB Financial Corp. Reports First Quarter 2019 Earnings, Continues Strong Organic Growth in Loans and Deposits
MVB Financial Corp. (the “Company”) (NASDAQ: MVBF) reported net income of $3.2 million, or $0.26 basic and diluted earnings per share for the three months ended March 31, 2019, an increase of 6.4% compared to $3.0 million, or $0.25 basic and $0.24 diluted earnings per share for the three months ended December 31, 2018, and an increase of 23.1% compared to $2.6 million, or $0.24 basic and $0.23 diluted earnings per share, for the three months ended March 31, 2018.
Apr 29, 2019 04:05 pm ET
MVB Announces $13.5 Million Gain from Fintech Investment Portfolio
MVB Financial Corp. (“MVB” or the “Company”) (Nasdaq: MVBF), the holding company for MVB Bank, Inc., and the Bank’s subsidiaries, continues to implement its MVB 3.0 strategy of seeking “blue ocean” opportunities, including partnership with fintech companies.
Feb 19, 2019 04:05 pm ET
MVB Financial Corp. Declares First Quarter 2019 Dividend
MVB Financial Corp. (NASDAQ: MVBF) (MVB) has declared a quarterly cash dividend of $0.035 per share payable on March 15, 2019, to shareholders of record at the close of business on March 1, 2019.
Feb 14, 2019 04:05 pm ET
MVB Financial Corp. Reports 58.5% Increase in Annual Earnings with Success Executing MVB 3.0 Strategy
For the year ended December 31, 2018, MVB Financial Corp. (the “Company”) (NASDAQ: MVBF) reported net income of $12.0 million, or $1.04 and $1.00 basic and diluted earnings per share, respectively, compared to $7.6 million, or $0.69 and $0.68 basic and diluted earnings per share, respectively, for the same period in 2017. This represents a 58.5% increase over prior year. For the quarter ended December 31, 2018, the Company reported net income of $3.0 million, or $0.25 and $0.24 basic and diluted earnings per share, respectively, compared to $1.4
Nov 21, 2018 09:00 am ET
MVB Financial Corp. Declares Fourth Quarter 2018 Dividend
MVB Financial Corp. (NASDAQ: MVBF) (MVB) has declared a quarterly cash dividend of $0.03 per share payable on December 15, 2018, to shareholders of record at the close of business on December 1, 2018.
Oct 31, 2018 02:00 pm ET
MVB Financial Corp. to Participate in the 2018 East Coast Financial Services Conference Hosted by Sandler O'Neill
MVB Financial Corp. (the “Company”) (NASDAQ: MVBF) today announced that Larry F. Mazza, President and CEO, and Donald T. Robinson, Executive Vice President and CFO, will participate in the Sandler O'Neill + Partners, L.P. 2018 East Coast Financial Services Conference held in Palm Beach, Fla., on Nov. 7, 2018. During the conference, the management team will hold a series of meetings with analysts and institutional investors. The presentation materials will be available on the Company's Investor Relations website at
Oct 29, 2018 04:15 pm ET
MVB Financial Corp. Reports Third Quarter 2018 Earnings Highlighted by 54.4% Increase in Net Income and 98.2% Increase in Noninterest-Bearing Deposits
MVB Financial Corp. (the “Company”) (NASDAQ: MVBF) reported net income of $3.6 million, or $0.30 basic and $0.29 diluted earnings per share for the three months ended September 30, 2018, an increase of 54.4% compared to $2.3 million, or $0.21 basic and diluted earnings per share, for the same period in 2017.
Oct 09, 2018 02:00 pm ET
MVB Bank Celebrates Expansion in Northern Virginia
MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp., has expanded and modernized its presence in Northern Virginia. Grand Opening Celebrations are planned for MVB Bank’s new Northern Virginia regional corporate suite and banking center near the Reston Town Center, as well as for its new banking center in McLean.
Sep 13, 2018 03:30 pm ET
MVB Financial Corp. to Participate in the FIG Partners Community Bank Forum
MVB Financial Corp. (the “Company”) (NASDAQ: MVBF) today announced that Larry F. Mazza, President and CEO, and Donald T. Robinson, Executive Vice President and CFO, will participate in the FIG Partners Community Bank Forum being held in Atlanta on September 17 and 18, 2018. During the conference, the management team will hold a series of meetings with institutional investors.
Aug 30, 2018 04:00 pm ET
MVB Financial Corp. to Participate in the Raymond James Emerging Bank Symposium
MVB Financial Corp. (the “Company”) (NASDAQ: MVBF) today announced that Larry F. Mazza, President and CEO, and Donald T. Robinson, Executive Vice President and CFO, will participate in the Raymond James Emerging Bank Symposium being held in Chicago on September 5, 2018. During the conference, the management team will hold a series of meetings with institutional investors.
Aug 22, 2018 04:05 pm ET
MVB Financial Corp. Declares Third Quarter 2018 Dividend
MVB Financial Corp. (NASDAQ: MVBF) (MVB) has declared a quarterly cash dividend of $0.03 per share payable on Sept. 15, 2018, to shareholders of record at the close of business on Sept. 1, 2018.
Jul 30, 2018 12:00 pm ET
MVB Financial Corp. Reports Second Quarter 2018 Earnings Highlighted by 25.3% Increase in Net Income
MVB Financial Corp. (the “Company”) (NASDAQ: MVBF) reported net income of $2.8 million, or $0.25 basic and diluted earnings per share for the three months ended June 30, 2018, an increase of 25.3% compared to $2.3 million, or $0.21 basic and $0.20 diluted earnings per share, for the same period in 2017.
Jul 27, 2018 11:00 am ET
MVB Financial Corp. to Participate in the 19th Annual KBW Community Bank Investor Conference
MVB Financial Corp. (the “Company”) (NASDAQ: MVBF) today announced that Larry F. Mazza, President and CEO, and Donald T. Robinson, Executive Vice President and CFO, will participate in the 19th Annual KBW Community Bank Investor Conference being held in New York City on July 31 and August 1, 2018. During the conference, the management team will hold a series of meetings with institutional investors, as well as give a presentation.
Jun 25, 2018 02:00 pm ET
MVB Financial Corp. Included on Russell 2000® Index
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial” or “MVB”), the holding company of MVB Bank, today announced that FTSE Russell has added MVB to the Russell 2000® Index as part of its annual index reconstitution. The Russell Index changes took effect after the market close on Friday, June 22, 2018.
May 16, 2018 04:00 pm ET
MVB Financial Corp. Declares Second Quarter 2018 Dividend
MVB Financial Corp. (NASDAQ: MVBF) (MVB) has declared a quarterly cash dividend of $0.025 per share payable on June 15, 2018, to shareholders of record at the close of business on June 1, 2018.
May 15, 2018 02:46 pm ET
MVB Bank Names Steve Braden as EVP, Chief Retail Banking Officer
MVB Bank, Inc., today announced the appointment of Steve Braden as Executive Vice President, Chief Retail Banking Officer. Braden has more than 27 years of banking leadership experience focused on clients, business line results, operational excellence and commitment to building strong communities.
May 10, 2018 06:51 pm ET
MVB Financial Corp. Names Brad Greathouse as SVP, Human Resources
MVB Financial Corp. (Nasdaq: MVBF) today announced the appointment of Brad Greathouse of Morgantown as Senior Vice President, Human Resources. A human resources professional with more than 20 years of progressive leadership experience, Greathouse will lead all aspects of human resources for MVB Financial, the holding company for MVB Bank, Inc., and the Bank’s subsidiaries, MVB Mortgage and MVB Community Development Corporation.
May 07, 2018 01:10 pm ET
MVB Financial Corp. Reports First Quarter 2018 Earnings
For the three months ended March 31, 2018, MVB Financial Corp. (the “Company”) (NASDAQ: MVBF) reported net income of $2.6 million, or $0.24 basic and $0.23 diluted earnings per share compared to $1.6 million, or $0.14 basic and diluted earnings per share for the same period in 2017.
Mar 27, 2018 12:16 pm ET
MVB Financial Corp. (Nasdaq: MVBF) to Ring The Nasdaq Stock Market Closing Bell
ADVISORY, March 27, 2018 (GLOBE NEWSWIRE) --
Feb 27, 2018 05:38 pm ET
MVB Financial Corp. Reports Fourth Quarter 2017 Earnings
For the 12 months ended December 31, 2017, MVB Financial Corp. (the "Company") (NASDAQ: MVBF) reported net income of $7.6 million, or $0.69 and $0.68 basic and diluted earnings per share compared to $12.9 million, or $1.44 and $1.31 basic and diluted earnings per share respectively, for the same period in 2016.
Feb 20, 2018 04:15 pm ET
MVB Financial Corp. Declares First Quarter 2018 Dividend
MVB Financial Corp. (NASDAQ: MVBF) (MVB) has declared a quarterly cash dividend of $0.025 per share payable on March 15, 2018, to shareholders of record at the close of business on March 2, 2018.
Dec 21, 2017 03:15 pm ET
MVB Financial Corp. Names New Board Member
FAIRMONT, W.Va., Dec. 21, 2017 /PRNewswire/ -- The Board of Directors of MVB Financial Corp. (Nasdaq: MVBF) today announced the appointment of Dan Holt as a Member of its Board of Directors, effective immediately.
Nov 22, 2017 03:15 pm ET
MVB Financial Corp. Declares Fourth Quarter 2017 Dividend
FAIRMONT, W.Va., Nov. 22, 2017 /PRNewswire/ -- MVB Financial Corp. (OTC Markets Group OTCQB: MVBF) (MVB) has declared a quarterly cash dividend of $0.025 per share payable on December 15, 2017, to shareholders of record at the close of business on December 2, 2017.
Nov 02, 2017 05:15 pm ET
MVB Financial Corp. Reports Third Quarter 2017 Earnings
FAIRMONT, W.Va., Nov. 2, 2017 /PRNewswire/ -- MVB Financial Corp. (OTC Markets Group OTCQB: MVBF) and its subsidiaries – MVB Bank and MVB Mortgage (collectively "MVB") – reported net income of $2.3 million or $0.21 per share basic and $0.21 per share diluted for the three months ended September 30, 2017, compared to $2.3 million or $0.25 per share basic and $0.24 per share diluted for the three months ended September 30, 2016.
Sep 20, 2017 05:15 pm ET
MVB Financial Files Application for Listing on Nasdaq
FAIRMONT, W.Va., Sept. 20, 2017 /PRNewswire/ -- MVB Financial Corp. ("MVB Financial": OTCQB: MVBF), the holding company of MVB Bank, today announced it has filed an application to list its common stock on The Nasdaq Capital Market ®.
Aug 16, 2017 05:05 pm ET
MVB Financial Corp. Declares Third Quarter 2017 Dividend
FAIRMONT, W.Va., Aug. 16, 2017 /PRNewswire/ -- MVB Financial Corp. (OTC Markets Group OTCQB: MVBF) (MVB) has declared a quarterly cash dividend of $0.025 per share payable on September 15, 2017, to shareholders of record at the close of business on September 1, 2017.
Jul 31, 2017 11:47 pm ET
MVB Financial Corp. Reports Second Quarter 2017 Earnings
FAIRMONT, W.Va., July 31, 2017 /PRNewswire/ -- MVB Financial Corp. (OTC Markets Group OTCQB: MVBF) and its subsidiaries - MVB Bank and MVB Mortgage (collectively "MVB") - reported total net income of $2.3 million or $0.21 per share basic and $0.20 per share diluted for the three months ended June 30, 2017, compared to $2.5 million or $0.27 per share basic and $0.25 per share diluted for the three months ended June 30, 2016, excluding discontinued operations.
Jul 28, 2017 03:00 pm ET
MVB Bank Opens Second Financial Service Location in Northern Virginia
FAIRMONT, W.Va., July 28, 2017 /PRNewswire/ -- MVB Bank, a wholly-owned subsidiary of MVB Financial Corp. (OTCQB: MVBF), has opened its second Northern Virginia location, company officials announced today. The new Leesburg, Virginia, location at 106 Harrison St. SE, Suite 100, features an automated interactive teller system in its branch lobby.
May 17, 2017 09:45 am ET
MVB Financial Corp. declares Second Quarter Dividend for 2017
FAIRMONT, W. Va., May 17, 2017 /PRNewswire/ -- MVB Financial Corp. (OTC Markets Group OTCQB: MVBF) (MVB) has declared a quarterly cash dividend of $0.025 per share to shareholders of record at the close of business on June 1, 2017, payable June 15, 2017.
May 04, 2017 05:15 pm ET
MVB Financial Corp. Reports First Quarter 2017 Earnings
FAIRMONT, W.Va., May 4, 2017 /PRNewswire/ -- MVB Financial Corp. (OTC Markets Group OTCQB: MVBF) and its subsidiaries - MVB Bank and MVB Mortgage (collectively "MVB") - reported total net income of $1.6 million or $0.14 per share basic and diluted for the three months ended March 31, 2017, compared to $1.8 million or $0.20 per share basic and diluted for the three months ended March 31, 2016. The decline in earnings was driven by flat loan growth and a decrease in net income from MVB Mortgage. The earnings per share decrease was driven by both the earnings decline and the approximate 1.9 mil
Apr 21, 2017 01:49 pm ET
MVB Financial Corp. Announces Completion of Rights Offering
FAIRMONT, W.Va., April 21, 2017 /PRNewswire/ -- MVB Financial Corp. (OTC Markets Group OTCQB: MVBF) (the "Company") is pleased to announce that it has successfully completed its previously announced rights offering (the "Rights Offering"), which expired at 5:00 p.m. Eastern time on April 14, 2017.
Mar 27, 2017 10:51 am ET
MVB Financial Corp. Announces Extension of Rights Offering
FAIRMONT, W.Va., March 27, 2017 /PRNewswire/ -- MVB Financial Corp. (OTC Markets Group OTCQB: MVBF) (the "Company") announced today that it has extended the expiration date for its rights offering from Friday, March 31, 2017 to Friday, April 14, 2017. The subscription rights issued by the Company may now be exercised at any time prior to 5:00 p.m., Eastern Time, on Friday, April 14, 2017. This extension is being offered to ensure adequate time for shareholders to make their investment decision.
Mar 10, 2017 08:45 am ET
MVB Financial Reports Increased Net Income for Full Year 2016
FAIRMONT, W.Va., March 10, 2017 /PRNewswire/ -- MVB Financial Corp. (OTC Markets Group OTCQB: MVBF) and its subsidiaries - MVB Bank and MVB Mortgage (collectively "MVB") - reported total net income for the full year 2016 of $12.912 million, an 89.44 percent increase over the prior year, due in part to a $3.9 million after-tax gain on the asset sale of its wholly-owned subsidiary MVB Insurance. In December of 2016, MVB completed a private placement of common stock with gross proceeds of approximately $22 million which, along with earnings, increased shareholders' equity to $145.625 million, a
Feb 24, 2017 08:02 am ET
MVB Financial Corp. declares First Quarter Dividend for 2017
FAIRMONT, W.Va., Feb. 24, 2017 /PRNewswire/ -- The Board of Directors of MVB Financial Corp., (OTC Markets Group OTCQB: MVBF) has declared a quarterly cash dividend of $0.025 per share to shareholders of record at the close of business on March 1, 2017, payable March 15, 2017.
Feb 10, 2017 04:45 pm ET
MVB Announces Plan to Conduct Rights Offering in First Quarter of 2017
FAIRMONT, W.Va., Feb. 10, 2017 /PRNewswire/ -- MVB Financial Corp. (OTC Markets Group OTCQB: MVBF) ("MVB" or the "Company"), announced today that it intends to conduct a rights offering (the "Rights Offering") to issue shares of MVB common stock for a total value of approximately $5,000,000.
Jan 05, 2017 04:30 pm ET
MVB Financial Corp. Announces SBLF Preferred Stock Redemption
FAIRMONT, W.Va., Jan. 5, 2017 /PRNewswire/ -- MVB Financial Corp. ("MVB") (OTCQB: MVBF), the parent company of MVB Bank, Inc., today announced the redemption of 8,500 shares, or 100% of its Senior Non-Cumulative Perpetual Preferred Stock, Series A, $1,000 par value per share ("Series A Preferred Stock"), issued to the United States Department of Treasury on September 8, 2011. The total shares aggregate redemption price of the stock is approximately $8,508,500, including the dividend payment.  The redemption terminates MVB's participation in the Small Business Lending Fund (SBLF) program.
Dec 06, 2016 04:15 pm ET
MVB Financial Corp. Completes $22 Million Private Placement of Common Stock
FAIRMONT, W.Va., Dec. 6, 2016 /PRNewswire/ --  MVB Financial Corp. (OTC Markets Group OTCQB: MVBF) (MVB) today announced the closing of a private placement totaling approximately $22 million of common stock.  MVB issued 1,913,044 shares of common stock, at a price of $11.50 per share to certain institutional investors. The proceeds from the private placement will be used for general corporate purposes and a portion of the proceeds may be used to redeem the preferred stock issued to the United States Department of Treasury in connection with the Company's participation in the Small Business L
Nov 16, 2016 09:35 am ET
MVB Financial Corp. declares Fourth Quarter Dividend for 2016
FAIRMONT, W.Va., Nov. 16, 2016 /PRNewswire/ -- The Board of Directors of MVB Financial Corp., (OTC Markets Group OTCQB: MVBF) has declared a quarterly cash dividend of $0.02 per share to shareholders of record at the close of business on December 1, 2016, payable December 15, 2016.
Nov 03, 2016 09:45 am ET
MVB Financial Announces Solid Third Quarter and Continued Deposit Growth
FAIRMONT, W.Va., Nov. 3, 2016 /PRNewswire/ -- MVB Financial Corp. (OTC Markets Group OTCQB: MVBF), today announced results for the third quarter ended September 30, 2016.  MVB Financial Corp. and its subsidiaries – MVB Bank, Inc., MVB Insurance, and MVB Mortgage (collectively "MVB") – reported net income of $2.3 million, a 64% increase over the same period during the prior year. Earnings per share for the quarter ended September 30, 2016 was $0.25, a 56% increase over the same period of the prior year. Net income through the first nine months of 2016 was $10.6 million, which included $6.7 mi
Aug 18, 2016 09:26 am ET
MVB Financial Corp. declares Third Quarter Dividend for 2016
FAIRMONT, W.Va., Aug. 18, 2016 /PRNewswire/ -- The Board of Directors of MVB Financial Corp., (OTC Markets Group OTCQB: MVBF) has declared a quarterly cash dividend of $0.02 per share to shareholders of record at the close of business on September 1, 2016, payable September 15, 2016.
Aug 08, 2016 10:35 am ET
MVB Financial Announces Strong Second Quarter and Balance Sheet Growth
FAIRMONT, W.Va., Aug. 8, 2016 /PRNewswire/ --
Jul 01, 2016 09:45 am ET
USI Insurance Services Strengthens Position as Largest Insurance Brokerage and Consulting Firm in West Virginia with Acquisition of MVB Insurance
VALHALLA, N.Y., July 1, 2016 /PRNewswire/ -- USI Insurance Services ("USI") acquired substantially all of the assets of MVB Insurance, LLC ("MVB Insurance") from MVB Financial Corp. (OTCQB: MVBF). MVB Insurance is a retail property-casualty and employee benefits insurance brokerage firm based in Morgantown, West Virginia. All employees at MVB Insurance have been offered employment by USI. MVB Insurance will retain the assets related to, and continue to operate, its title insurance business. 
May 19, 2016 05:21 pm ET
MVB Financial Corp. declares Second Quarter Dividend for 2016
FAIRMONT, W.Va., May 19, 2016 /PRNewswire/ -- The Board of Directors of MVB Financial Corp., (OTC Markets Group OTCQB: MVBF) has declared a quarterly cash dividend of $0.02 per share to shareholders of record at the close of business on June 1, 2016, payable June 15, 2016.
May 05, 2016 05:24 pm ET
MVB Financial Announces First Quarter Earnings, Strong Deposit Growth
FAIRMONT, W.Va., May 5, 2016 /PRNewswire/ -- MVB Financial Corp., (OTC Markets Group OTCQB: MVBF) today announced quarterly results for the period ended March 31, 2016.  MVB Financial and its subsidiaries – MVB Bank, MVB Mortgage, and MVB Insurance (collectively "MVB") – reported total net income of $1.8 million including the effect of two items which collectively added $231,000 to net earnings. The two items in the first quarter were the recovery of non-accrual interest income from a non-performing loan and internal reorganization expenses.
Mar 09, 2016 08:50 am ET
MVB Financial Reports Record Net Income for Full Year 2015
FAIRMONT, W.Va., March 9, 2016 /PRNewswire/ -- MVB Financial Corp., (OTC Markets Group OTCQB: MVBF) and its subsidiaries – MVB Bank, MVB Mortgage, and MVB Insurance (collectively "MVB") – reported total net income for the full year 2015 of $6,816,000, which is the highest in the company's history.
Feb 19, 2016 03:00 pm ET
MVB Financial Corp. declares First Quarter Dividend for 2016
FAIRMONT, W.Va., Feb. 19, 2016 /PRNewswire/ -- The Board of Directors of MVB Financial Corp., (OTC Markets Group OTCQB: MVBF) has declared a quarterly cash dividend of $0.02 per share to shareholders of record at the close of business on March 1, 2016, payable March 15, 2016.

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