MVB Financial Corp.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Larry F. Mazza
- Full Time Employees
- 403
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 301 Virginia Avenue Fairmont WV United States of America 26554
- IPO Date
- Aug 3, 2012
- CIK
- 0001277902
- Website
- mvbbanking.com
- Similar Companies
- Business
- MVB Financial Corp. (Nasdaq: MVBF) operates as a diversified financial services holding company primarily engaged in commercial banking through its subsidiary MVB Bank, Inc., providing a range of banking products and services including commercial real estate loans, commercial and industrial loans, consumer loans, residential real estate loans secured by one-to-four family residential properties, and multi-family real estate loans; deposit products such as checking accounts, savings accounts, money market accounts, and certificates of deposit; treasury management services; and debit and credit cards to businesses and consumers. The company also offers mortgage banking services, title insurance, and investment real estate brokerage through subsidiaries like MVB Mortgage and Security National Trust; wealth management and financial planning via Mountain Valley Advisors; and specialty lending solutions tailored to industries such as healthcare, government contracting, and technology startups, including equipment financing, asset-based lending, and SBA loans. Founded in 1999 and headquartered in Fairmont, West Virginia, MVB Financial Corp. primarily serves customers in the Mid-Atlantic region, with a focus on West Virginia, Virginia, North Carolina, and Maryland, targeting small to mid-sized businesses, professionals, and consumers. In recent developments, MVB Financial Corp. completed the acquisition of Premier Financial Corp. in early 2024, significantly expanding its footprint with additional branches and commercial banking capabilities in Ohio and Pennsylvania; announced a strategic partnership with Infuze Credit Union in late 2024 to enhance digital banking services; and launched new fintech-focused lending products under its Velocity platform to support high-growth technology firms amid rising demand. The company also reported robust deposit growth and strengthened its capital position following a $50 million common stock offering in mid-2024, positioning it for further regional expansion; no major name changes or reorganizations have occurred in the last two years. These initiatives underscore MVB's shift toward diversified revenue streams and enhanced digital capabilities while maintaining its core community banking model.
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