- MVB Financial Corp. implemented an investment securities repositioning strategy, selling approximately **$73 million** in book value of available-for-sale investment securities.  **[1277902_0001277902-25-000186_a2025securitiessalepressre.htm:0]** 
- 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.  **[1277902_0001277902-25-000186_a2025securitiessalepressre.htm:0]** 
- 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.  **[1277902_0001277902-25-000186_a2025securitiessalepressre.htm:0]** 
- The loss from the securities sale is expected to have a **neutral impact** on consolidated shareholders’ equity and tangible book value per share.  **[1277902_0001277902-25-000186_a2025securitiessalepressre.htm:0]**

MVB Financial Corp. announces investment securities repositioning

- 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.  **[1277902_dc296a50a23d47688100bc68db992fc5_0]** 
- 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.  **[1277902_dc296a50a23d47688100bc68db992fc5_0]** 
- The loss from the securities sale is projected to have a **neutral impact** on consolidated shareholders’ equity and tangible book value per share.  **[1277902_dc296a50a23d47688100bc68db992fc5_0]**

MVB Financial Announces Investment Securities Repositioning Strategy

- 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**.  **[1277902_0001277902-25-000182_projectvoltpressrelease.htm:0]** **[1277902_0001277902-25-000182_mvbf-20250930.htm:1]** 
- 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**.  **[1277902_0001277902-25-000182_projectvoltpressrelease.htm:0]** **[1277902_0001277902-25-000182_mvbf-20250930.htm:1]** 
- MVB intends to use the net proceeds for general corporate purposes, potentially including repositioning its available-for-sale securities portfolio and **share repurchases**.  **[1277902_0001277902-25-000182_projectvoltpressrelease.htm:0]** **[1277902_0001277902-25-000182_mvbf-20250930.htm:1]** 
- MVB will maintain a strategic partnership with Victor and Jack Henry, ensuring continued participation in Victor's growth and success.  **[1277902_0001277902-25-000182_projectvoltpressrelease.htm:0]**

MVB Financial Corp. Sells Victor Technologies to Jack Henry & Associates

- MVB Financial Corp. (MVB) has sold substantially all assets and operations of **Victor Technologies** to Jack Henry & Associates, effective **September 30, 2025**.  **[1277902_ef06fd822342403690d4368d3d3f293a_0]** 
- The transaction is expected to generate a pre-tax gain of approximately **$33 million** for MVB and is anticipated to be accretive to MVB's earnings per share.  **[1277902_ef06fd822342403690d4368d3d3f293a_0]** 
- MVB will maintain a **strategic partnership** with Victor and Jack Henry, ensuring continued participation in Victor's success and providing customers with embedded payment solutions.  **[1277902_ef06fd822342403690d4368d3d3f293a_0]** 
- This deal provides MVB with greater flexibility for balance sheet and capital management strategies, including potential share repurchases.  **[1277902_ef06fd822342403690d4368d3d3f293a_0]**

MVB FINANCIAL (MVBF)