MVBF Research | Milton Maxwell

MVBF

MVB Financial Corp.

27.79

-0.17-0.61%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

353.80M

P/E (TTM)

11.34

Basic EPS (TTM)

2.45

Dividend Yield

0.02%

Recent Filings

8-K

4/1/26Apr 1, 2026

8-K

Q4 slides highlight fintech surge

3/25/26Mar 25, 2026

MVB Financial released Q4 2025 investor slides on March 25, 2026, showcasing $3.3B assets, $2.8B deposits with 40% noninterest-bearing, and $2.3B loans up 11.6% YoY. Fintech deposits hit $1.1B average, payments revenue soared to $11.5M, yet noninterest expenses fell 6.4%. Pipeline boasts 14 advanced partners. Capital stays rock-solid at 14.5%. Strong growth, lower costs.

10-K

FY2025 results

3/12/26Mar 12, 2026

MVB Financial grew loans 12% to $2.34B in FY2025 ended December 31, 2025, with commercial up 20% y/y to $1.71B (73% of portfolio), fueled by healthcare and CRE while residential dipped 8%. Net interest income slipped 1.6% to $107.4M (margin 3.65%, down 2bp) as deposit costs fell faster than asset yields amid Fed cuts, yet Q4 momentum shone through stabilizing NIM. Noninterest income soared on $34.2M Victor sale gain and mortgage equity gains, driving net income to $26.9M ($2.06 diluted EPS, up 35%). Gaming deposits dropped to $184M but Fintech swelled; $10M buyback executed. Q4 accelerated core growth. CRE concentrations risk quarterly momentum.

8-K

Director resigns over governance

3/4/26Mar 4, 2026

MVB Financial director Glen W. Herrick resigned February 26, 2026, as Audit Committee Chair, citing issues with corporate governance, executive compensation, and strategic focus—no accounting concerns noted. Cheryl Spielman, an existing Audit Committee member and SEC-qualified financial expert, steps in as Chair. Smooth transition. Resignation letter attached as Exhibit 17.1.

8-K

MVB redeems $40M notes

3/3/26Mar 3, 2026

MVB Financial Corp. redeemed its entire $40.0 million 4.25% Fixed-to-Floating Rate Subordinated Notes due 2030 on March 2, 2026, when they carried a 7.67% rate. These Tier 2 capital notes were retired using $20.0 million from its revolving line of credit plus cash on hand. Redemption streamlines capital structure.

About

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 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 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. MVB Financial Corp. was founded in 1999 and is based in Fairmont, West Virginia.

CEO

Mr. Larry F. Mazza CPA

IPO

8/3/2012

Website

https://www.mvbbanking.com

Employees

453

Sector

Financial Services

Industry

Banks - Regional