MVB Financial Corp MVBF Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Dec 15, 2023 (filed on Dec 19, 2023)

Insider Name:

Mazza Larry F

Ownership Type:

Direct Ownership

Securities:

Common Stock Options

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-6,250

Price:

--
Dec 15, 2023 (filed on Dec 19, 2023)

Insider Name:

Mazza Larry F

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-4,374

Price:

$22.86
Dec 15, 2023 (filed on Dec 19, 2023)

Insider Name:

Mazza Larry F

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

6,250

Price:

$16.00
Dec 15, 2023 (filed on Dec 19, 2023)

Insider Name:

Giorgio Michael Louis

Ownership Type:

Direct Ownership

Securities:

Common Stock Options

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

1,804

Price:

--
Dec 12, 2023 (filed on Dec 14, 2023)

Insider Name:

Mazza Larry F

Ownership Type:

Direct Ownership

Securities:

Common Stock Options

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-15,000

Price:

--
Dec 12, 2023 (filed on Dec 14, 2023)

Insider Name:

Mazza Larry F

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-12,893

Price:

$20.44
Dec 12, 2023 (filed on Dec 14, 2023)

Insider Name:

Mazza Larry F

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

15,000

Price:

$16.00
Dec 08, 2023 (filed on Dec 13, 2023)

Insider Name:

Ebert John W

Ownership Type:

Direct Ownership

Securities:

Common Stock Options

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-2,000

Price:

--
Dec 08, 2023 (filed on Dec 13, 2023)

Insider Name:

Ebert John W

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

2,000

Price:

--
Nov 20, 2023 (filed on Nov 21, 2023)

Insider Name:

Robinson Donald T

Ownership Type:

Direct Ownership

Securities:

Common Stock Options

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-3,855

Price:

--

Filings by filing date

Dec 15, 2023 (filed on Dec 19, 2023)

Insider Name:

Mazza Larry F

Ownership Type:

Direct Ownership

Securities:

Common Stock Options

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-6,250

Price:

--
Dec 15, 2023 (filed on Dec 19, 2023)

Insider Name:

Mazza Larry F

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-4,374

Price:

$22.86
Dec 15, 2023 (filed on Dec 19, 2023)

Insider Name:

Mazza Larry F

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

6,250

Price:

$16.00
Dec 15, 2023 (filed on Dec 19, 2023)

Insider Name:

Giorgio Michael Louis

Ownership Type:

Direct Ownership

Securities:

Common Stock Options

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

1,804

Price:

--
Dec 12, 2023 (filed on Dec 14, 2023)

Insider Name:

Mazza Larry F

Ownership Type:

Direct Ownership

Securities:

Common Stock Options

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-15,000

Price:

--
Dec 12, 2023 (filed on Dec 14, 2023)

Insider Name:

Mazza Larry F

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-12,893

Price:

$20.44
Dec 12, 2023 (filed on Dec 14, 2023)

Insider Name:

Mazza Larry F

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

15,000

Price:

$16.00
Dec 08, 2023 (filed on Dec 13, 2023)

Insider Name:

Ebert John W

Ownership Type:

Direct Ownership

Securities:

Common Stock Options

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-2,000

Price:

--
Dec 08, 2023 (filed on Dec 13, 2023)

Insider Name:

Ebert John W

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

2,000

Price:

--
Nov 20, 2023 (filed on Nov 21, 2023)

Insider Name:

Robinson Donald T

Ownership Type:

Direct Ownership

Securities:

Common Stock Options

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-3,855

Price:

--

News

Biz Brief

Sector: Financials	Industry: Banks

See Regulatory Filings on SEC

Company Contact

Address:	301 Virginia Ave FAIRMONT WV 26554-2777
Tel:	1-304-5943533
Website:	https://ir.mvbbanking.com
IR:	See website

Key People

Donald T. Robinson President, Chief Financial Officer	Larry F. Mazza Chief Executive Officer, Director	Craig Brad Greathouse Executive Vice President, Chief Administrative Officer
John Charles Marion Chief Risk Officer

Business Overview

MVB Financial Corp. is a financial holding company that operates principally through its wholly owned subsidiary, MVB Bank, Inc. (the Bank). The Company conducts a range of business activities through the Bank, primarily commercial and retail (CoRe) banking services, as well as fintech banking. It operates through three segments: CoRe Banking, Mortgage Banking and Financial Holding Company. It offers its customers a range of products and services, including various demand deposit accounts, savings accounts, money market accounts and certificates of deposit; commercial, consumer and real estate mortgage loans and lines of credit; debit cards; cashier's checks; safe deposit rental facilities; non-deposit investment services offered through an association with a broker-dealer; and insurance and investment services. The Bank provides strategies to independent banking and corporate clients throughout the United States.

Financial Overview

For the fiscal year ended 31 December 2023, MVB Financial Corp interest income increased 51% to $189.8M. Net interest income after loan loss provision increased 28% to $125.2M. Net income before extraordinary items increased 81% to $22.5M. Net interest income after loan loss provision reflects Interest and fees on loans increase of 37% to $159.6M, Interest on deposits with banks increase from $1.6M to $21M.

Employees:	445 as of Dec 31, 2023

Reporting Currency:	U.S. Dollars
Enterprise value:	$338.23M as of Dec 31, 2023
Annual revenue (TTM):	$189.82M as of Dec 31, 2023
EBITDA (TTM):	$36.28M as of Dec 31, 2023
Net annual income (TTM):	$22.45M as of Dec 31, 2023
Free cash flow (TTM):	$47.68M as of Dec 31, 2023
Net Debt Last Fiscal Year:	$78.58M as of Dec 31, 2023
Shares outstanding:	12,840,883 as of Apr 8, 2024
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization