Hovde Group downgraded MVB Financial from Outperform to Market Perform and set a new price target of $21.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/15/2024 | $21.00 | Outperform → Market Perform | Hovde Group |
| 5/8/2024 | $27.00 → $23.00 | Outperform | Hovde Group |
| 2/27/2023 | $35.00 | Overweight | JP Morgan |
| 2/21/2023 | $29.00 | Outperform | Raymond James |
| 4/1/2022 | $64.00 | Strong Buy | Raymond James |
SC 13G/A - MVB FINANCIAL CORP (0001277902) (Subject)
SC 13G/A - MVB FINANCIAL CORP (0001277902) (Subject)
SC 13G/A - MVB FINANCIAL CORP (0001277902) (Subject)
The Board of Directors of MVB Financial Corp. ("MVBF" or "MVB Financial") (NASDAQ:MVBF) has announced the appointment of Vic Maculaitis as a Member of the Board. "With more than 20 years of professional experience as an industry leader, entrepreneur and business operator with niche experience in the Financial Crime Risk and Compliance industry, Vic's expertise will be an asset to the Board as MVB continues to execute our strategic plan," said W. Marston "Marty" Becker, Chairman, MVBF Board of Directors. Maculaitis is the Founder and Managing Partner of i3strategies®️, a leading market research and strategy consultant with global clients across private equity/venture capital, professiona
The Board of Directors of MVB Financial Corp. ("MVBF" or "MVB Financial") (NASDAQ:MVBF) has announced the appointment of Glen W. Herrick as a Member of the Board. "MVB is pleased to have Glen join the MVB Board of Directors. With his career focus on leading strategy, finance, investing, planning, forecasting, investor relations and corporate development efforts as a Chief Financial Officer in the banking, specialty finance, capital markets and Fintech sectors, he will provide valuable expertise to the Board as we pursue the growth vehicles of MVB's strategic plan," said W. Marston "Marty" Becker, Chairman, MVBF Board of Directors. Herrick brings more than three decades of experience on
Purpose and Values Driven Culture Recognized Nationally MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. ("MVB Financial") (NASDAQ:MVBF) (collectively "MVB"), for the third consecutive year has been named one of American Banker Magazine's Best Banks to Work For. MVB placed number 16 among the 90 U.S. banks in the ranking, which assesses employee satisfaction in areas including corporate culture and communications, training and development opportunities and pay and benefits. "Through our strategic Culture Initiative, culture has become MVB's secret sauce and part of our corporate DNA, mindset and behavior of Team MVB," said Larry F. Mazza, CEO, MVB Financial. "These resul
MVB Financial Corp. (NASDAQ:MVBF) ("MVB Financial," "MVB" or the "Company"), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the first quarter of 2025, with reported net income of $3.6 million, or $0.28 basic and $0.27 diluted earnings per share. First Quarter 2025 Highlights Net interest margin up 20 bps, to 3.63%, from the prior quarter. Net interest income up 7.1% from the prior quarter. Noninterest expense down 14.6% from the prior quarter. Noninterest bearing deposits represent 40.0% of total deposits. Asset quality indicators improved, and capital strength was further enhanced. Book value per share and tangible book value per share inc
The Board of Directors of MVB Financial Corp. ("MVBF" or "MVB Financial") (NASDAQ:MVBF) has announced the appointment of Vic Maculaitis as a Member of the Board. "With more than 20 years of professional experience as an industry leader, entrepreneur and business operator with niche experience in the Financial Crime Risk and Compliance industry, Vic's expertise will be an asset to the Board as MVB continues to execute our strategic plan," said W. Marston "Marty" Becker, Chairman, MVBF Board of Directors. Maculaitis is the Founder and Managing Partner of i3strategies®️, a leading market research and strategy consultant with global clients across private equity/venture capital, professiona
MVB Financial Corp. (NASDAQ:MVBF) ("MVB Financial," "MVB," or the "Company") has declared a quarterly cash dividend of $0.17 per share, maintaining the dividend declared in the previous quarter for shareholders of record as of March 1, 2025, payable on March 15, 2025. This is the first quarterly dividend for 2025. "The fourth quarter marked the end of a pivotal transition year, during which we simplified our growth strategy and strengthened our team to make meaningful investments in the future," said CEO Larry F. Mazza. "Our laser focus on payments continues to drive meaningful progress, as we deliver innovative solutions to support our existing clients and grow revenue. With loan pipelin
4 - MVB FINANCIAL CORP (0001277902) (Issuer)
4 - MVB FINANCIAL CORP (0001277902) (Issuer)
4 - MVB FINANCIAL CORP (0001277902) (Issuer)
8-K - MVB FINANCIAL CORP (0001277902) (Filer)
10-Q - MVB FINANCIAL CORP (0001277902) (Filer)
8-K - MVB FINANCIAL CORP (0001277902) (Filer)
4 - MVB FINANCIAL CORP (0001277902) (Issuer)
4 - MVB FINANCIAL CORP (0001277902) (Issuer)
4 - MVB FINANCIAL CORP (0001277902) (Issuer)
MVB Financial Corp. (NASDAQ:MVBF) ("MVB Financial," "MVB" or the "Company"), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the first quarter of 2025, with reported net income of $3.6 million, or $0.28 basic and $0.27 diluted earnings per share. First Quarter 2025 Highlights Net interest margin up 20 bps, to 3.63%, from the prior quarter. Net interest income up 7.1% from the prior quarter. Noninterest expense down 14.6% from the prior quarter. Noninterest bearing deposits represent 40.0% of total deposits. Asset quality indicators improved, and capital strength was further enhanced. Book value per share and tangible book value per share inc
MVB Financial Corp. (NASDAQ:MVBF) ("MVB Financial," "MVB," or the "Company") has declared a quarterly cash dividend of $0.17 per share, maintaining the dividend declared in the previous quarter for shareholders of record as of March 1, 2025, payable on March 15, 2025. This is the first quarterly dividend for 2025. "The fourth quarter marked the end of a pivotal transition year, during which we simplified our growth strategy and strengthened our team to make meaningful investments in the future," said CEO Larry F. Mazza. "Our laser focus on payments continues to drive meaningful progress, as we deliver innovative solutions to support our existing clients and grow revenue. With loan pipelin
MVB Financial Corp. (NASDAQ:MVBF) ("MVB Financial," "MVB" or the "Company"), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the fourth quarter and year ended December 31, 2024, with reported net income of $9.4 million, or $0.73 basic and $0.72 diluted earnings per share for the three months ended December 31, 2024. Fourth Quarter 2024 Highlights Net income was $9.4 million, an increase of $7.4 million from prior quarter. Noninterest bearing deposits represent 34.9% of total deposits. Tangible book value per share of $23.37, up 0.7% from the prior quarter. Capital strength further enhanced. MVB names Jeffrey Weidley as Chief Deposit Off
Hovde Group downgraded MVB Financial from Outperform to Market Perform and set a new price target of $21.00
Hovde Group reiterated coverage of MVB Financial with a rating of Outperform and set a new price target of $23.00 from $27.00 previously
JP Morgan initiated coverage of MVB Financial with a rating of Overweight and set a new price target of $35.00