YOLFTbeta
MVB Financial Corp

MVB Financial Corp

MVBF · NASDAQ · Financial Services / Banks - Regional

25.30USD-0.38 (-1.48%)

Price History

Full chart

Market Stats

Previous Close25.68
Open25.55
Day Range25.01 – 25.66
52-Week Range23.70 – 31.86
Volume49.55K
Market Cap384.75M
P/E (TTM)10.16
Forward P/E13.23
EPS2.92
Dividend Yield2.26%
Beta0.80
50-Day Avg30.34
200-Day Avg27.77

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 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. The company was founded in 1999 and is based in Fairmont, West Virginia.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Larry F. Mazza CPA
  • Employees403
  • Headquarters301 Virginia Avenue, Fairmont, WV, United States, 26554, USA
  • Websitehttps://www.mvbbanking.com

Leadership

  • Mr. Larry F. Mazza CPAPresident, CEO & Non-Independent Director · b. 1961
  • Mr. Michael R. SumbsCFO & Executive VP · b. 1987
  • Mr. Michael Louis GiorgioExecutive VP, COO & Chief Information Officer · b. 1981
  • Mr. Craig Bradley GreathouseExecutive VP & Chief Administration Officer · b. 1972
  • Mr. Joseph R. RodriguezEVP, Chief Risk & Legal Officer of MVB Bank · b. 1980
  • Esther L. GorbeyVice President & Chief Technology Officer
  • Ms. Lisa J. McCormickCorporate Secretary/ Investor Relations
  • Mr. Eric L. TichenorTreasurer of MVB Bank Inc · b. 1968
  • Mr. James PotaskySenior Vice President of Audit
  • Matthew DeanSVP & Chief Credit Officer

Financials

Income Statement

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.52M2.52M3.36M6.04M14.90M15.47M16.53M18.74M22.36M29.62M52.05M55.68M75.90M93.97M94.10M104.85M143.92M128.73M111.07M152.36M213.02M227.33M270.44M
Growth (%)--0.28%+33.62%+79.80%+146.44%+3.88%+6.80%+13.40%+19.33%+32.43%+75.75%+6.97%+36.32%+23.82%+0.13%+11.43%+37.27%-10.56%-13.72%+37.17%+39.81%+6.72%+18.96%
Cost of Revenue1.93M1.84M2.49M4.80M6.96M6.54M6.32M6.57M6.62M7.73M7.45M10.09M11.72M14.76M14.47M20.15M24.75M28.21M-5.00K28.35M64.61M80.19M76.65M
Gross Profit598.00K677.00K876.00K1.24M7.94M8.93M10.21M12.17M15.74M21.89M44.60M45.58M64.18M79.21M79.62M84.70M119.17M100.53M111.08M124.01M148.40M147.15M193.79M
Gross Margin23.70%26.91%26.06%20.51%53.27%57.71%61.77%64.94%70.39%73.90%85.69%81.87%84.56%84.29%84.62%80.79%82.80%78.09%100.00%81.39%69.67%64.73%71.66%
Operating Expense-579.00K-1.01M119.00K-74.00K6.24M7.84M8.35M9.14M12.03M16.05M39.60M42.68M54.69M65.85M67.29M69.33M84.16M53.58M63.60M108.98M121.11M120.81M156.94M
Operating Income1.18M1.69M757.00K1.31M1.70M1.09M1.86M3.03M3.71M5.83M5.00M2.90M9.49M13.36M12.33M15.38M35.01M46.94M47.48M15.03M27.29M26.34M36.85M
Operating Margin46.65%66.97%22.52%21.74%11.38%7.05%11.25%16.18%16.61%19.70%9.61%5.21%12.50%14.21%13.10%14.66%24.33%36.47%42.75%9.86%12.81%11.59%13.63%
EBITDA1.31M1.80M946.00K1.62M2.08M1.55M2.42M3.99M5.07M6.37M5.94M4.15M12.40M16.76M15.02M18.31M38.28M50.23M51.68M20.35M32.30M30.27M39.45M
EBITDA Margin51.96%71.66%28.14%26.87%13.98%10.00%14.65%21.30%22.65%21.50%11.41%7.45%16.33%17.84%15.96%17.47%26.60%39.02%46.53%13.36%15.16%13.32%14.59%
Net Income781.00K1.06M562.00K973.00K1.28M828.00K1.41M2.24M2.70M4.17M4.02M2.08M6.82M12.91M7.58M12.00M26.99M37.41M39.12M15.05M31.23M20.09M26.94M
Net Income Margin30.96%42.05%16.72%16.10%8.61%5.35%8.51%11.94%12.08%14.07%7.72%3.73%8.98%13.74%8.05%11.45%18.75%29.06%35.22%9.88%14.66%8.84%9.96%
Interest Expense1.70M1.57M2.33M4.36M6.38M5.95M5.53M5.47M4.90M4.93M5.19M7.51M9.22M11.13M12.30M17.71M22.96M11.63M6.27M14.15M66.53M76.64M67.92M
Interest Expense % of Total Revenue67.46%62.40%69.19%72.13%42.81%38.44%33.48%29.19%21.91%16.65%9.97%13.49%12.15%11.85%13.07%16.89%15.95%9.03%5.65%9.29%31.23%33.71%25.11%

Balance Sheet

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets94.93M106.21M151.33M191.28M230.10M258.71M352.76M414.27M533.48M726.77M987.06M1.11B1.38B1.42B1.53B1.75B1.94B2.33B2.79B3.06B3.31B3.13B3.31B
Total Liabilities87.10M97.36M132.82M169.63M206.57M232.87M325.62M383.50M485.75M659.22M893.04M1.00B1.27B1.27B1.38B1.57B1.73B2.09B2.51B2.79B3.02B2.82B2.97B
Total Equity7.83M8.84M18.52M21.66M23.52M25.84M27.14M30.77M47.73M67.55M94.02M109.44M114.71M145.63M150.19M176.77M211.94M239.48M276.28M261.39M289.38M305.68M333.97M
Cash3.36M3.74M6.74M6.47M5.42M11.75M55.70M31.54M19.96M34.77M49.27M41.98M42.28M31.87M35.08M37.00M40.55M275.70M310.16M40.28M398.23M317.91M244.13M
Total Debt4.78M4.33M18.31M34.00M67.34M57.97M39.77M80.36M91.73M165.97M190.35M201.01M244.16M149.60M207.43M247.34M237.18M55.39M86.40M195.42M85.15M76.55M77.36M
Net Debt1.42M591.00K11.57M27.53M61.92M46.22M-15.93M48.82M71.77M131.21M141.08M92.83M201.88M117.74M117.09M210.34M196.63M-232.29M-237.13M155.14M-313.08M-241.37M-166.76M

Cash Flow

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.12M1.74M407.00K-96.00K2.58M62.00K-189.00K5.00M-741.00K-10.94M1.15M24.42M-22.90M25.26M33.12M6.69M-8.06M112.23M34.81M65.18M58.23M-285.00K4.03M
Investing Cash Flow-14.85M-12.32M-26.94M-35.04M-41.06M-27.86M-94.57M-62.18M-109.31M-99.24M-244.04M-151.44M-173.44M-55.98M-136.10M-209.98M-120.06M-294.11M-571.95M-628.95M88.25M144.46M-208.60M
Financing Cash Flow13.60M10.72M27.51M38.42M36.99M27.58M92.37M58.57M116.10M125.47M257.39M117.25M195.40M18.93M105.94M205.20M133.90M417.77M580.68M296.62M211.57M-224.49M130.78M
Capital Expenditure72.00K65.00K2.52M1.18M2.12M257.00K142.00K269.00K669.00K3.86M6.50M9.80M2.15M1.67M4.50M2.69M2.04M6.62M4.87M3.04M1.92M1.62M1.91M
Free Cash Flow1.05M1.67M-2.12M-1.27M469.00K-195.00K-331.00K4.74M-1.41M-14.79M-5.35M14.62M-25.05M23.60M28.63M4.00M-10.10M105.62M29.95M62.14M56.32M-1.91M2.11M
Dividends Paid-----159.00K160.00K160.00K262.00K443.00K622.00K968.00K1.22M1.77M1.53M1.71M2.77M4.74M6.07M8.36M8.64M8.77M8.71M
FCF to OCF93.57%96.26%-520.39%1326.04%18.15%-314.52%175.13%94.63%190.28%135.29%-463.34%59.88%109.40%93.40%86.43%59.77%125.33%94.11%86.03%95.33%96.71%668.42%52.46%
Dividend Paid to FCF------81.54%-48.34%3.38%-18.58%-2.99%-11.63%6.62%-4.85%7.52%5.35%42.71%-27.40%4.48%20.28%13.45%15.34%-460.47%412.07%

Earnings

Report DateDec 31, 2003Mar 31, 2004Jun 30, 2004Sep 30, 2004Dec 31, 2004Mar 31, 2005Jun 30, 2005Sep 30, 2005Dec 31, 2005Mar 31, 2006Jun 30, 2006Sep 30, 2006Dec 31, 2006Mar 31, 2007Jun 30, 2007Sep 30, 2007Mar 31, 2008Jun 30, 2008Sep 30, 2008Dec 31, 2008Mar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Dec 31, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2016Jun 30, 2016Sep 30, 2016Dec 31, 2016May 4, 2017Jul 31, 2017Nov 2, 2017Feb 27, 2018May 7, 2018Jul 30, 2018Oct 29, 2018Feb 14, 2019May 1, 2019Jul 29, 2019Oct 28, 2019Feb 20, 2020Apr 28, 2020Jul 28, 2020Nov 2, 2020Feb 18, 2021May 3, 2021Jul 29, 2021Nov 1, 2021Feb 17, 2022May 2, 2022Aug 1, 2022Oct 31, 2022Feb 17, 2023Apr 27, 2023Jul 27, 2023Oct 26, 2023Feb 14, 2024Apr 29, 2024Jul 29, 2024Oct 30, 2024Feb 12, 2025Apr 30, 2025Jul 28, 2025Oct 29, 2025Feb 12, 2026Apr 29, 2026Jul 28, 2026Nov 4, 2026
EPS Estimate-----------------------------------------------------------0.240.220.270.330.280.270.130.250.370.730.600.450.300.350.320.480.510.630.580.590.330.380.360.330.350.250.260.280.320.370.330.46
EPS Actual0.130.130.140.170.210.140.050.040.050.050.060.070.120.080.090.120.080.09-0.080.100.100.110.110.070.120.140.170.190.160.140.150.160.190.180.230.310.190.210.100.070.150.120.05-0.090.240.200.150.160.200.250.240.220.140.180.180.180.190.240.270.240.260.350.350.320.080.700.530.970.660.730.920.770.220.230.210.500.870.630.290.610.340.310.160.720.270.151.320.320.390.25-
Surprise-----------------------------------------------------------0.00%18.18%29.63%6.06%14.29%-70.37%438.46%112.00%162.16%-9.59%21.67%104.44%156.67%-37.14%-28.13%-56.25%-1.96%38.10%8.62%-50.85%84.85%-10.53%-13.89%-51.52%105.71%8.00%-42.31%371.43%0.00%5.41%-24.24%-
Timing-------------------------------------------------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap384.75M
Enterprise Value125.86M
Trailing P/E10.16
Forward P/E13.23
PEG Ratio0.00
Price / Sales2.20
Price / Book1.15
EPS2.92
Book Value26.61
Revenue (TTM)174.24M
Gross Profit (TTM)174.24M
Profit Margin22.27%
Operating Margin36.73%
Return on Equity12.00%
Return on Assets1.15%
Shares Outstanding12.97M
Shares Float11.82M
Beta0.80
Dividend Yield2.26%
Dividend Rate0.68
Payout Ratio29.82%

Analyst Ratings

Buy
Based on 3 analystsTarget 34.00
  • Buy
    2
  • Hold
    1

Ownership Breakdown

Institutions
60.36%
Insiders
10.42%
Retail / Other
29.22%

Top Institutional Holders

  • Wellington Management Company LLP
    1.76M13.60%
  • BlackRock Inc
    939.04K7.24%
  • Dimensional Fund Advisors, Inc.
    533.01K4.11%
  • Vanguard Capital Management, LLC
    504.84K3.89%
  • Geode Capital Management, LLC
    269.91K2.08%
  • Basswood Capital Management LLC
    257.73K1.99%
  • Ameriprise Financial Inc
    246.76K1.90%
  • State Street Corp
    242.22K1.87%
  • Endeavour Capital Advisors Inc
    182.72K1.41%
  • Kennedy Capital Management Inc
    122.45K0.94%
  • Bridgeway Capital Management, LLC
    115.67K0.89%
  • Acadian Asset Management LLC
    112.44K0.87%
  • Diamond Hill Capital Management, LLC
    112.13K0.86%
  • Banc Funds Co LLC
    91.24K0.70%
  • Northern Trust Corp
    88.28K0.68%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    371.93K2.87%
  • iShares Russell 2000 ETF
    320.05K2.47%
  • Columbia Small Cap Value Discv A
    190.59K1.47%
  • Fidelity Small Cap Index
    129.39K1.00%
  • iShares Russell 2000 Value ETF
    123.44K0.95%