MVB Financial Stock (NASDAQ:MVBF)


ForecastRevenueOwnershipFinancialsChart

Previous Close

$28.46

52W Range

$22.14 - $30.23

50D Avg

$27.10

200D Avg

$26.65

Market Cap

$368.28M

Avg Vol (3M)

$46.72K

Beta

0.79

Div Yield

$0.68 (2.37%)

MVBF Company Profile


MVB Financial Corp. operates as a financial holding company, delivering a comprehensive suite of financial services to both individual consumers and corporate clients. The company serves customers across the Mid-Atlantic region and extends its reach internationally. Its operations are structured into three primary divisions: CoRe Banking, Mortgage Banking, and Financial Holding Company. Within its core banking offerings, MVB provides a variety of deposit accounts, including checking, savings, money market, and certificates of deposit. The company also extends credit solutions, such as commercial, consumer, and real estate mortgage loans, alongside various lines of credit. An array of supplementary banking services includes debit cards, cashier's checks, safe deposit box rentals, and non-deposit investment options. Notably, it also specializes in financial technology (Fintech) banking services. Beyond traditional banking, MVB Financial Corp. offers title insurance. It further provides an integrated range of services encompassing regulatory compliance, state licensing, financial crime prevention, and enterprise risk management; these solutions cover consulting, outsourcing, testing, and training. Moreover, the firm delivers customizable fraud prevention services designed for merchants, credit agencies, Fintech companies, and other vendors. It also engages in consulting for the development of online and mobile banking platforms and digital products for Fintech entities, concurrently undertaking software development projects. As of December 31, 2021, MVB maintained a physical presence with eight full-service branches, comprising six in West Virginia and two in Virginia. Established in 1997, the company's headquarters are situated in Fairmont, West Virginia.

Show More

Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

453

IPO Date

Aug 03, 2012

Website

MVBF Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 19
Product And Services, Consulting Income$921.00K
Product And Services, Debit Card And Interchange Income$571.00K
Product And Services, Other$499.00K
Product And Services, Service Charges On Deposit Accounts$1.41M

Fiscal year ends in Dec 25 | Currency in USD

MVBF Financial Summary


Dec 25Dec 24Dec 23
Revenue$270.44M$227.33M$213.02M
Operating Income$36.85M$26.34M$27.29M
Net Income$26.94M$20.09M$31.23M
EBITDA$36.85M$30.27M$32.30M
Basic EPS$2.11$1.56$2.46
Diluted EPS$2.06$1.53$2.40

Fiscal year ends in Dec 25 | Currency in USD

Peer Comparison


TickerCompany
FMAOFarmers & Merchants Bancorp, Inc.
BWFGBankwell Financial Group, Inc.
PDLBPonce Financial Group, Inc.
PBFSPioneer Bancorp, Inc.
USCBUSCB Financial Holdings, Inc.
WTBAWest Bancorporation, Inc.
OBTOrange County Bancorp, Inc.
RBBRBB Bancorp
PCBPCB Bancorp
CZNCCitizens & Northern Corporation