MVB Financial

MVB Financial Corp. is a holding company, which through its subsidiary, engages in the provision of community and mortgage banking services. It also offers commercial and consumer loans, offering an array of loan products for commercial development and real estate, capital needs, as well as personal loans, residential real estate loans, home equity lines of credit, and construction mortgages. The company was founded in 1997 and is headquartered in Fairmont, WV.

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MVB Financial Corp. is a holding company, which engages in the provision of community and mortgage banking services. It operates through the following segments: CoRe Banking, Mortgage Banking, and Financial Holding Company. The CoRe Banking segment includes the Fintech division, which represents banking products and services offered to customers by the bank, primarily loans and deposits accounts. The Mortgage Banking segment focuses on the share of net income or loss from mortgage banking activities of equity method investments in ICM and Warp Speed. The Financial Holding Company segment refers to the intercompany service income and dividends. The company was founded in 1999 and is headquartered in Fairmont, WV.

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Insiders of bank stocks have absolutely taken advantage of the recent volatility in the industry following the downfall of SVB Financial Group (NASDAQ: SIVB ) subsidiary Silicon Valley Bank. The collapse of the bank marked the second-largest of its kind in U.S. history and the largest since Washington Mutual in 2008.

Insiders Are Doubling Down on These 8 Bank Stocks

Acquisition further enhances Ankura's Global anti-financial crime offering to help banking and Fintech clients navigate the full spectrum of BSA/AML challenges NEW YORK , March 1, 2023 /PRNewswire/ -- Ankura Consulting Group, LLC ("Ankura"), a leading global expert services and advisory firm, today announced that it has acquired Chartwell Compliance ("Chartwell"), a leading global regulatory compliance and risk management firm that is a wholly-owned subsidiary of MVB Bank, Inc. held by MVB Financial Corp. (NASDAQ: MVBF) ("MVB", "MVB Financial"). The addition of Chartwell expands Ankura's Global Anti-Financial Crime (AFC) Practice across a wide range of banking and financial technology (Fintech) businesses, addressing a crucial need for Bank Secrecy Act/Anti-Money Laundering (BSA/AML) regulatory and compliance programs among mid-market banks, cryptocurrency and blockchain platforms, venture capital firms and payment solution providers.

Chartwell Joins Ankura to Bolster Global Banking and Fintech Compliance Advisory Services

FAIRMONT, W.Va.--(BUSINESS WIRE)--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.

MVB Financial Corp. Declares First Quarter 2023 Dividend

MVB Financial (MVBF) delivered earnings and revenue surprises of -7.41% and 3.46%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

MVB Financial (MVBF) Q4 Earnings and Revenues Miss Estimates

FAIRMONT, W. Va.--(BUSINESS WIRE)--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.

MVB Financial Corp. Announces Fourth Quarter and Full Year 2022 Results

FAIRMONT, W.Va. & RALEIGH, N.C.--( BUSINESS WIRE )--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 closing conditions and receipt of necessary regulatory approvals.

MVB Financial Corp. and Integrated Financial Holdings, Inc. Announce Shareholder Approval of Merger Agreement

FAIRMONT, W.Va.--( BUSINESS WIRE )--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.

MVB Bank Receives BAI Global Innovation Award

FAIRMONT, W.Va.--( BUSINESS WIRE )--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.

FHLBank Pittsburgh Awards $1.5 Million to Four MVB Bank-Sponsored Affordable Housing Projects in North Central West Virginia

NEW ORLEANS--( BUSINESS WIRE )--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.

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, Inc. - IFHI

FAIRMONT, W.Va.--( BUSINESS WIRE )--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.

MVB Bank Named One of American Banker's 2022 Best Banks to Work For

FAIRMONT, W.Va.--( BUSINESS WIRE )--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.

MVB Financial Corp. Declares Fourth Quarter 2022 Dividend

MVB Financial (MVBF) delivered earnings and revenue surprises of -57.14% and 7.45%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

MVB Financial (MVBF) Q3 Earnings and Revenues Lag Estimates

MVB Financial (MVBF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate MVB Financial (MVBF) to Report a Decline in Earnings: What to Look Out for

MVB Financial Corp. Announces Third Quarter 2022 Results

After losing some value lately, a hammer chart pattern has been formed for MVB Financial (MVBF), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

MVB Financial (MVBF) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

MVB Financial Corp. Names Jan L. Owen as Director

MVB Financial (MVBF) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Down 16.6% in 4 Weeks, Here's Why You Should You Buy the Dip in MVB Financial (MVBF)

FAIRMONT, W.Va.--(BUSINESS WIRE)-- #banking--MVB Financial completes the previously announced transaction in which MVBF has acquired a 37.5% interest in Warp Speed Holdings LLC.

MVB Financial Corp. Completes Execution of Strategic Minority Investment in Warp Speed Holdings LLC

The heavy selling pressure might have exhausted for MVB Financial (MVBF) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

MVB Financial (MVBF) Loses 10.5% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

NEW ORLEANS , Sept. 21, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C.

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, Inc. - IFHI

FAIRMONT, W.Va.--(BUSINESS WIRE)-- #banking--Steven E. Crouse will be appointed CFO of MVBF upon closing of the merger of MVB and IFH.

MVB Financial Corp. to Appoint Steven E. Crouse as Chief Financial Officer

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FAIRMONT, W.Va.--(BUSINESS WIRE)-- #banking--The Board of Directors of MVB Financial Corp. has announced that W. Marston Becker has been named Chairman of the Board.

W. Marston Becker Named Chairman of the MVB Financial Corp. Board of Directors

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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: Safehold Inc. (NYSE: SAFE)'s  merger with iStar Inc. If you are a Safehold shareholder, click here to learn more about your rights and options .   iStar Inc. (NYSE: STAR)'s  merger with Safehold Inc. If you are an iStar shareholder, click here to learn more about your rights and options.

SHAREHOLDER INVESTIGATION NOTICE: Halper Sadeh LLP Investigates SAFE, STAR, MVBF, FTAI

FAIRMONT, W. Va.--(BUSINESS WIRE)-- #banking--MVB has declared a quarterly cash dividend of $0.17 per share, maintaining the dividend declared in the previous quarter.

MVB Financial Corp. Declares Third Quarter 2022 Dividend

Wilmington, Delaware--(Newsfile Corp. - August 17, 2022) - Rigrodsky Law, P.A. is investigating MVB Financial Corp. ("MVB") (NASDAQ: MVBF) regarding possible breaches of fiduciary duties and other violations of law related to MVB's agreement to merge with Integrated Financial Holdings, Inc. ("IFH"). Under the terms of the agreement, IFH shareholders will receive 1.21 shares of MVB common stock for each share of IFH common stock.

News for MVB Financial Stock (MVBF)