Last $15.75 USD
Change Today -0.05 / -0.32%
Volume 1.3K
MVBF On Other Exchanges
As of 8:10 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

mvb financial corp (MVBF) Snapshot

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52 Week High
07/23/13 - $20.05
52 Week Low
07/16/13 - $14.83
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mvb financial corp (MVBF) Details

MVB Financial Corp., a financial holding company, through its subsidiaries, provides community banking services to individuals and corporate clients. Its deposit products include checking accounts, NOW accounts, money market and savings accounts, and time certificates of deposit. The company’s loan products comprise commercial and commercial real estate loans, residential real estate loans, home equity lines of credit, real estate construction loans, and consumer loans. It also provides debit cards and safe deposit rental facilities, as well as mortgage banking and wealth management services. In addition, the company offers non-deposit investment products through an association with a broker-dealer; and correspondent lending services for other community banks. Further, it provides insurance products, such as title, individual, commercial, employee benefits, and professional liability insurance products. The company offers its services through its walk-in offices, automated teller machines, drive-in facilities, and Internet and telephone banking. As of December 31, 2013, it operated nine full-service banking branches in Marion, Harrison, Monongalia, Jefferson, and Berkley counties, West Virginia, as well as loan production offices in Harrison and Kanawha Counties in West Virginia. MVB Financial Corp. was founded in 1997 and is based in Fairmont, West Virginia.

300 Employees
Last Reported Date: 05/16/14
Founded in 1997

mvb financial corp (MVBF) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $634.8K
Chief Operating Officer, Executive Vice Presi...
Total Annual Compensation: $274.7K
Senior Vice President of Mortgage Sales
Total Annual Compensation: $320.2K
Director, Chief Lending Officer of MVB Bank a...
Total Annual Compensation: $263.9K
Compensation as of Fiscal Year 2013.

mvb financial corp (MVBF) Key Developments

MVB Financial Corp. Declares Cash Dividend Payable on June 16, 2014

The Board of Directors of MVB Financial Corp., has declared a cash dividend of $0.04 per share to shareholders of record at the close of business on May 30, 2014, payable June 16, 2014. The semi-annual cash dividend is equal to the December 2013 dividend on total number of shares, now adjusted for the two-for-one stock split the Board of Directors approved in March.

MVB Financial Corp. Announces Earnings Results for the First Quarter Ended March 31, 2014

MVB Financial Corp. announced earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported total net income of USD 1.158 million for the first quarter.

MVB Financial Corp. Announces Auditor Changes

The Audit Committee and Board of Directors of MVB Financial Corp. have approved not renewing the commitment with the current MVB independent certifying accountants, S.R. Snodgrass, P.C. with its headquarters in Wexford, Pennsylvania, following completion, on March 27, 2014, of the review of MVB's 2013 Annual Report. Snodgrass was verbally informed of the dismissal on March 31, 2014. The Audit Committee and Board of Directors of MVB have elected to engage new accountants to audit MVB's financial statements for 2014, subject to shareholder approval. Dixon Hughes Goodman, LLP, with its headquarters in Charlotte, North Carolina, is the new accounting firm to audit the financial statements for MVB for 2014.


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Valuation MVBF Industry Range
Price/Earnings 29.9x
Price/Sales 2.5x
Price/Book 1.4x
Price/Cash Flow 31.8x
TEV/Sales NM Not Meaningful

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