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MVBF News Highlights
- MVBF's 30 day story count now stands at 3.
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- The most mentioned tickers in articles about MVBF are FBNC.
Latest MVBF News From Around the Web
Below are the latest news stories about Mvb Financial Corp that investors may wish to consider to help them evaluate MVBF as an investment opportunity.
MVB Financial (MVBF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
New Strong Buy Stocks for March 16th
First Bancorp (FBNC) announces a hike in quarterly dividend. The stock boasts solid earnings and strong balance sheet position.
MVB Financial Corp. Reports Strong Fourth Quarter 2020 Results and Finishes 2020 with Record Earnings
FAIRMONT, W.Va.--(BUSINESS WIRE)--MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or the “Company”) today reported net income of $11.8 million, or $1.00 basic and $0.97 diluted earnings per share, for the three months ended December 31, 2020. For the year ended December 31, 2020, the Company reported net income of $37.4 million, or $3.13 basic and $3.06 diluted earnings per share. Quarterly Full Year 2020 2020 2019 2020 2019 Fourth Quarter Third Quarter Fou
FAIRMONT, W.Va.--(BUSINESS WIRE)--MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or the “Company”) has declared a quarterly cash dividend of $0.10 per share payable on March 15, 2021, to shareholders of record at the close of business on March 1, 2021. This is the first quarterly dividend for 2021 and includes a 11.1% increase in dividends as compared to the previous quarter dividend of $0.09 per share. “Despite the challenges of the COVID-19 pandemic, 2020 ended as one of the most
Mvb Financial Corp. (MVBF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
MVB Financial Corp. Announces Completion of $40 Million Subordinated Notes Offering and Satisfaction of Financing Condition Under "Dutch Auction" Tender Offer
MVB Financial Corp. (NASDAQ: MVBF) ("MVB" or the "Company") announced today the completion of a private placement of $40 million of 4.25% fixed to floating rate subordinated notes due 2030 (the "Notes") to certain qualified institutional buyers. The Company intends to use the net proceeds from the sale of Notes to purchase shares of its common stock pursuant to the previously announced modified "Dutch Auction" tender offer and any remaining proceeds for general corporate purposes. The completion of the private placement of the Notes was a condition to the tender offer. This condition has now been satisfied. The Securities and Exchange Commission requires the tender offer to remain open for five additional business days subsequent to the satisfaction of the financing condition. The tende...
MVB Financial Corp. Commences Modified Dutch Auction Tender Offer to Repurchase up to $45.0 Million of its Common Stock
FAIRMONT, W. Va.--(BUSINESS WIRE)--MVB Financial Corp. (NASDAQ: MVBF) (“MVB” or the “Company”) announced today that it has commenced a modified “Dutch auction” tender offer (the “Tender Offer”) to purchase, for cash, up to $45.0 million of its common stock (the “Common Stock”) at a price per share not less than $18.00 and not greater than $20.25, less any applicable withholding taxes and without interest. The Company intends to purchase the shares using available cash on hand and proceeds from
MVB Financial Corp. Reports Strong Third Quarter 2020 Results with a 50% Increase in Net Income, a 134% Increase in Noninterest-Bearing Deposits, and a 25% Increase In Tangible Book Value from Previous Year
FAIRMONT, W. Va.--(BUSINESS WIRE)--MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or the “Company”) today reported net income of $6.5 million, or $0.53 basic and diluted earnings per share for the three months ended September 30, 2020. Quarterly Year-to-Date 2020 2020 2019 2020 2019 Third Quarter Second Quarter Third Quarter Net income from continuing operations $ 6,491 $ 18,034 $ 4,346 $ 25,573 $ 22,469 Net income from discontinued
FAIRMONT, W. Va.--(BUSINESS WIRE)-- #banking--The Board of Directors of MVB Financial Corp. (“MVB” “MVB Financial”) (Nasdaq: MVBF) has announced the appointment of Anna Sainsbury as a Member of the Board. “Anna Sainsbury’s cutting-edge technology is a cornerstone in geolocation compliance. We are honored that-she is bringing her in depth knowledge of highly regulated industries and her entrepreneur spirit to our Board of Directors,” said David Alvarez, Chairman, MVB Financial Board of Directors. A well-kn