MVB Financial Stock (NASDAQ:MVBF)


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$19.51

52W Range

$17.51 - $25.24

50D Avg

$21.04

200D Avg

$20.66

Market Cap

$261.15M

Avg Vol (3M)

$27.73K

Beta

1.05

Div Yield

$0.68 (3.37%)

MVBF Company Profile


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 facilities; and non-deposit investment services, as well as financial technology (Fintech) banking services. In addition, it offers title insurance; and integrated regulatory compliance, state licensing, financial crimes prevention, and enterprise risk management services that include consulting, outsourcing, testing, and training solutions. Further, the company offers a customizable suite of fraud prevention services for merchants, credit agencies, Fintech companies, and other vendors; and consulting for the development of online and mobile banking platforms, and digital products for Fintech companies, as well as develops software. As of December 31, 2021, it operated six full-service branches in West Virginia and two full-service branches in Virginia. MVB Financial Corp. was founded in 1997 and is headquartered in Fairmont, West Virginia.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

445

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

Fiscal year ends in Dec 23 | Currency in USD

MVBF Financial Summary


Dec 23Dec 22Dec 21
Revenue$213.02M$150.10M$139.75M
Operating Income$9.01M$28.01M$49.00M
Net Income$31.23M$15.05M$39.12M
EBITDA$9.01M$33.33M$53.30M
Basic EPS$2.40$1.25$3.32
Diluted EPS$2.40$1.16$3.10

Fiscal year ends in Dec 23 | Currency in USD

Peer Comparison


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HMNFHMN Financial, Inc.
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FNWBFirst Northwest Bancorp