Earnings summaries and quarterly performance for MVB FINANCIAL.
Executive leadership at MVB FINANCIAL.
Larry F. Mazza
Detailed
Chief Executive Officer and President
CEO
CG
Craig Greathouse
Detailed
Executive Vice President, Chief Administrative Officer
JL
Jonathan Logan
Detailed
Chief Accounting Officer
JR
Joseph Rodriguez
Detailed
Executive Vice President, Chief Risk Officer
MG
Michael Giorgio
Detailed
Executive Vice President, Chief Information Officer
MS
Michael Sumbs
Detailed
Executive Vice President and Chief Financial Officer
Board of directors at MVB FINANCIAL.
Research analysts covering MVB FINANCIAL.
Recent press releases and 8-K filings for MVBF.
MVB Financial Corp. Highlights Fintech Banking Strategy and Strong Performance
MVBF
New Projects/Investments
Revenue Acceleration/Inflection
Share Buyback
- MVB Financial Corp. (MVBF), a $3.5 billion asset bank , specializes in fintech banking, holding an 84% market share in online gaming and managing over $1 billion in deposits through 6 million Credit Karma relationships via its Banking as a Service (BaaS) offering.
- The company recently sold its proprietary Victor technology for $43 million, realizing a $34 million gain that boosted book value and served as a "mini capital raise".
- MVBF is actively implementing AI to optimize operations, reducing compliance and risk headcount from 160 to 117 with a goal of under 100 by the end of 2026, anticipating flat expense growth for 2026.
- The company maintains a robust fintech services pipeline, with 14 signed Master Service Agreements (MSAs) and an additional 52 clients in earlier stages.
- MVBF's stock has demonstrated strong performance, being up 35% year to date and ranking as the sixth best-performing community bank in the U.S. for shareholder return in 2025 , alongside completing a $10 million share repurchase and authorizing another $10 million.
Nov 20, 2025, 8:00 PM
MVB Financial Corp. Highlights Fintech Banking Strategy and Growth Catalysts
MVBF
New Projects/Investments
Revenue Acceleration/Inflection
Share Buyback
- MVB Financial Corp. (MVBF) has transitioned to a fintech banking model, growing to a $3.5 billion NASDAQ-traded bank with operations in 40 states.
- The company holds a dominant position in the digital gaming market, banking 43 companies including DraftKings and FanDuel, and provides banking as a service for partners like Credit Karma, managing over $1 billion in deposits.
- MVBF sold its proprietary payment technology, Victor, for $43 million, generating a $34 million gain and contributing to its book value.
- Operational efficiency is being driven by AI, which has reduced compliance and risk headcount from 160 to 117, with a goal to reach under 100 by the end of 2026, projecting flat expense growth for 2026.
- The company has a strong growth pipeline, with 14 signed Master Service Agreements and 52 clients in earlier stages, indicating future revenue streams.
Nov 20, 2025, 8:00 PM
MVBF Highlights Fintech Pivot, Growth Drivers, and Operational Efficiencies
MVBF
New Projects/Investments
Share Buyback
Revenue Acceleration/Inflection
- MVB Financial Corp. (MVBF) is a $3.5 billion asset bank with a $330 million market cap, trading around one times tangible book and 10 times forward earnings.
- The company has strategically pivoted to a fintech-focused banking model, specializing in payments and digital gaming, serving 43 digital gaming companies and managing 6 million client relationships with Credit Karma.
- MVBF recently sold its Victor payment technology for $43 million, realizing a $34 million gain, and is leveraging AI to reduce compliance headcount from 160 to 117 with further reductions planned by 2026.
- The company maintains a robust growth pipeline with 14 clients having signed Master Service Agreements and 52 clients in earlier stages, supported by a strong capital foundation and 9.8% annual tangible book value growth from 2019 to September 30, 2025.
- MVBF has executed a $10 million share repurchase and authorized another $10 million, with CEO Larry Mazza holding nearly a 10% ownership stake.
Nov 20, 2025, 8:00 PM
MVB Financial Corp. Reports Q3 2025 Highlights, Strategic Sale, and Share Repurchase Programs
MVBF
Earnings
Share Buyback
M&A
- MVB Financial Corp. reported key highlights for Q3 2025, including the strategic sale of Victor Technologies, Inc., which generated a pre-tax gain of $34.1 million.
- The company expects the securities repositioning and expense efficiencies from the Victor sale to add $0.30 to $0.35 to annualized EPS.
- Tangible book value per share increased to $25.98 as of September 30, 2025, representing a 9.7% increase from Q2 2025.
- MVB Financial Corp. completed a $10 million share repurchase program in Q3 2025 and authorized a new $10 million share repurchase program in October 2025.
- The company achieved quarter-over-quarter loan growth of 4.9% and net interest income growth of 3.1% in Q3 2025.
Nov 5, 2025, 9:48 PM
MVB Financial Corp. Announces Strong Q3 2025 Results Driven by Strategic Transactions
MVBF
Earnings
M&A
Share Buyback
- MVB Financial Corp. reported net income of $17.1 million and diluted earnings per share of $1.32 for the third quarter of 2025.
- The company completed the sale of Victor Technologies, Inc., generating a pre-tax gain of $34.1 million. This strategic move, combined with a securities repositioning, is expected to add $0.30 to $0.35 to annualized EPS.
- Loan growth was 4.9% from the prior quarter, with total loans reaching $2.26 billion as of September 30, 2025.
- Book value per share increased 9.6% to $26.07 and tangible book value per share rose 9.7% to $25.98 as of September 30, 2025.
- MVB also completed a $10.0 million share repurchase program, buying back 473,584 shares at an average price of $21.15 per share.
Oct 29, 2025, 8:31 PM
MVB Financial Corp. Announces Third Quarter 2025 Results
MVBF
Earnings
Share Buyback
M&A
- MVB Financial Corp. reported net income of $17.1 million, or $1.36 per basic share and $1.32 per diluted share, for the third quarter of 2025.
- The company completed the sale of Victor Technologies, Inc., generating a pre-tax gain of $34.1 million.
- A securities repositioning, combined with expense efficiencies from the Victor sale, is expected to add $0.30 to $0.35 to annualized EPS.
- Loan growth was 4.9% from the prior quarter, and the company completed a $10.0 million share repurchase program.
- Book value per share increased 9.6% to $26.07 and tangible book value per share increased 9.7% to $25.98 as of September 30, 2025.
Oct 29, 2025, 8:30 PM
MVB Financial Corp. Announces New Stock Repurchase Program
MVBF
Share Buyback
- MVB Financial Corp. (MVBF) announced the authorization of a new stock repurchase program by its Board of Directors on October 27, 2025.
- The program is for up to $10 million of the company's common stock.
- MVB intends to begin repurchasing stock in November 2025.
- This is the second $10 million stock repurchase program for the company in 2025, following the successful completion of a previous program announced in May 2025.
Oct 27, 2025, 8:36 PM
MVB Financial Corp. announces investment securities repositioning
MVBF
New Projects/Investments
Guidance Update
- MVB Financial Corp. implemented an investment securities repositioning strategy, selling approximately $73 million in book value of available-for-sale investment securities.
- This sale resulted in a pre-tax loss of approximately $7.6 million, which will be recognized in the company's third quarter 2025 financial results.
- The company expects to redeploy the proceeds into higher-yielding securities, and this repositioning, combined with other expense efficiencies, is anticipated to add approximately $0.30 to $0.35 to earnings per share on an annualized basis.
- The loss from the securities sale is expected to have a neutral impact on consolidated shareholders’ equity and tangible book value per share.
Oct 6, 2025, 12:45 PM
MVB Financial Announces Investment Securities Repositioning Strategy
MVBF
New Projects/Investments
Guidance Update
- MVB Financial Corp. executed an investment securities repositioning strategy, selling approximately $73 million in available-for-sale securities, which will result in a pre-tax loss of approximately $7.6 million to be recognized in its third quarter 2025 financial results.
- The company expects to redeploy the proceeds into higher-yielding securities, anticipating an annualized addition of approximately $0.30 to $0.35 to earnings per share from this repositioning and expense efficiencies.
- The loss from the securities sale is projected to have a neutral impact on consolidated shareholders’ equity and tangible book value per share.
Oct 6, 2025, 12:30 PM
MVB Financial Corp. Sells Victor Technologies to Jack Henry & Associates
MVBF
M&A
Share Buyback
- MVB Financial Corp. (MVB) completed the sale of substantially all assets and operations of its subsidiary, Victor Technologies, Inc., to Jack Henry & Associates, effective September 30, 2025.
- The transaction is projected to result in a pre-tax gain of approximately $33 million for MVB and is expected to be accretive to its earnings per share.
- MVB intends to use the net proceeds for general corporate purposes, potentially including repositioning its available-for-sale securities portfolio and share repurchases.
- MVB will maintain a strategic partnership with Victor and Jack Henry, ensuring continued participation in Victor's growth and success.
Oct 3, 2025, 12:31 PM
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