MVB Financial

MVBF · NASDAQ

$29.33+$0.215 (+0.74%)TodayMarket closed ·
Prev close $29.11

About MVBF

MVB Financial Corp. is a holding company, which engages in the provision of community and mortgage banking services. The company is headquartered in Fairmont, West Virginia and currently employs 403 full-time employees. The company went IPO on 2002-03-11. The firm conducts a range of business activities through the Bank, primarily commercial and retail (CoRe) banking services, as well as fintech banking. Its segments are CoRe Banking segment, which includes Fintech division, which represents banking products and services offered to customers by the Bank; Mortgage Banking segment comprises net income or loss from mortgage banking activities of the equity method investments in Intercoastal Mortgage Company, LLC and Warp Speed Holdings, LLC, and Financial Holding Company segment comprises intercompany service income and dividends. The company offers its customers a range of products and services, including demand deposit accounts, savings accounts, money market accounts and certificates of deposit; commercial, consumer and real estate mortgage loans and lines of credit; cashier’s checks, and others.

Employees
403
Headquarters
Fairmont, West Virginia
Listed
Mar 11, 2002
Sector
Financials
Industry
Banks

Leadership

MVB Financial executives
NameTitleSince
Kelly Nelson——
Larry Mazza—2025
Michael Sumbs——
Craig Greathouse—2022
Michael Giorgio——
Joseph Rodriguez——
Jeffrey Weidley——
Rick Cordella——
Adam Famularo——
W. Marston Becker——
John Ebert——
Victor Maculaitis——
Jan Owen——
Cheryl Spielman——
Marcie Lipscomb—2018

Revenue by product and region

Fiscal year ended Dec 31, 2019: $3.40M total revenue

By product

  • Service charges on deposit accounts$1.41M41.4%
  • Consulting income$921.00K27.1%
  • Debit card and interchange income$571.00K16.8%
  • Other$499.00K14.7%

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