MVB Financial Corp (MVBF) Reports Solid Q4 Earnings Amid Banking Challenges [Yahoo! Finance]
MVB Financial Corp. (MVBF)
NASDAQ:AMEX Investor Relations:
ir.mvbbanking.com/corporateprofile
Company Research
Source: Yahoo! Finance
Loan Growth : Balance sheet loan to deposit ratio improved to 79.9%. Asset Quality : Nonperforming loans decreased by 22.0% to $8.3 million. Capital Ratios : Enhanced with the Community Bank Leverage Ratio at 10.5%. Dividend : Quarterly cash dividend maintained at $0.17 per share. Warning! GuruFocus has detected 2 Warning Sign with MVBF. MVB Financial Corp ( NASDAQ:MVBF ) released its 8-K filing on February 14, 2024, announcing its financial results for the fourth quarter and full year ended December 31, 2023. The company, a bank holding entity providing community banking, mortgage banking, insurance, and wealth management services, reported a net income of $7.9 million, or $0.62 basic and $0.61 diluted earnings per share for Q4 2023. Financial Performance and Challenges MVB Financial faced a challenging banking environment in 2023 but emerged with strong fourth-quarter results. The company's net interest income increased by 4.2% to $31.3 million, with a net interest ma
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MVBF
News
- MVB Financial Corp. (NASDAQ: MVBF) had its price target lowered by analysts at JPMorgan Chase & Co. from $30.00 to $28.00. They now have an "overweight" rating on the stock.MarketBeat
- Investors in MVB Financial (NASDAQ:MVBF) have unfortunately lost 31% over the last three years [Yahoo! Finance]Yahoo! Finance
- Integrated Financial finds another buyer in $66M deal [Yahoo! Finance]Yahoo! Finance
- MVB Financial Corp. (NASDAQ: MVBF) had its price target lowered by analysts at Keefe, Bruyette & Woods from $26.00 to $25.00. They now have an "outperform" rating on the stock.MarketBeat
- MVB Financial Corp. (NASDAQ: MVBF) had its price target raised by analysts at JPMorgan Chase & Co. from $28.00 to $30.00. They now have an "overweight" rating on the stock.MarketBeat
MVBF
Earnings
- 2/14/24 - Beat
MVBF
Sec Filings
- 4/12/24 - Form ARS
- 4/12/24 - Form DEFA14A
- 4/8/24 - Form DEF
- MVBF's page on the SEC website