MVB Financial Corp. (MVBF)

MVB Financial Corp. announced a new stock repurchase program of up to $10 million on October 27, 2025. An investment in MVBF five years prior would have yielded a 67% gain as of October 17, 2025. The company sold approximately $73 million in investment securities on October 6, 2025, resulting in a pre-tax loss of about $7.6 million. MVB Financial Corp. completed the strategic sale of Victor Technologies to Jack Henry & Associates on October 1, 2025. A quarterly cash dividend of $0.17 per share for the third quarter of 2025 was declared on August 20, 2025. MVB Financial Corp. announced its second-quarter 2025 results on July 28, 2025, reporting accelerated loan growth and an 8.5% increase in deposits. Executive leadership changes occurred on July 11, 2025. The company held its Annual Meeting of Shareholders on May 20, 2025. MVB Financial Corp. released its fourth-quarter and full-year 2024 results on February 13, 2025, reporting an increase in net income and tangible book value per share. In the first quarter of 2025, the company reported a net income of $3.6 million, a 20 basis point increase in net interest margin to 3.63%, a 7.1% rise in net interest income, and a 14.6% decrease in noninterest expense from the prior quarter.

The banking industry experiences seasonal trends, with loan demand typically lowest in late January and February, increasing in March, and peaking in August or September. Increased demand for investment services is observed in December and early January. MVB Financial Corp. has acknowledged facing "seasonal challenges" in its second-quarter performance.

MVB Financial Corp. operates in the financial services sector, providing traditional banking services and fintech solutions. Its core activities include deposit-taking, commercial lending, mortgage origination, and wealth management. The company offers various deposit products and provides financing solutions, including commercial real estate, construction, equipment, SBA, and consumer credit. MVB Financial has expanded into fintech, offering solutions for gaming, payments, BaaS, and digital assets, along with fraud prevention and digital product development. The company's operations are segmented into CoRe Banking, Mortgage Banking, and Financial Holding Company.

MVB Financial Corp. has expanded its presence across West Virginia, Virginia, Pennsylvania, and North Carolina. The company operates full-service branches in West Virginia and Virginia and serves clients in the Mid-Atlantic region and beyond.

Weiss Ratings reiterated a "Hold (C)" rating for MVB Financial on October 26, 2025. The company has faced challenges with a revenue decline of approximately 8.22% over the last three months. Its net margin, return on equity (ROE), and return on assets (ROA) are below industry averages, indicating difficulties in profitability and asset utilization.

MVB Financial Corp. is owned by a mix of institutional shareholders, company insiders, and retail investors. Institutional ownership ranges from 51.87% to 55.32% of the stock, while insiders hold between 11.66% and 25.48%. Major institutional owners include Wellington Management Group LLP, Blackrock Inc., and City Holding Co., among others. Key individual owners and insiders include Larry F. Mazza, Donald T Robinson, and Craig Bradley Greathouse, among others.