Download PDF

1. Company Snapshot

1.a. Company Description

MVB Financial Corp., through its subsidiaries, provides financial services to individuals and corporate clients in the Mid-Atlantic region and internationally.The company operates through three segments: CoRe Banking, Mortgage Banking, and Financial Holding Company.It offers various demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and commercial, consumer, and real estate mortgage loans, as well as lines of credit.


The company also provides debit cards; cashier's checks; safe deposit rental facilities; and non-deposit investment services, as well as financial technology (Fintech) banking services.In addition, it offers title insurance; and integrated regulatory compliance, state licensing, financial crimes prevention, and enterprise risk management services that include consulting, outsourcing, testing, and training solutions.Further, the company offers a customizable suite of fraud prevention services for merchants, credit agencies, Fintech companies, and other vendors; and consulting for the development of online and mobile banking platforms, and digital products for Fintech companies, as well as develops software.


As of December 31, 2021, it operated six full-service branches in West Virginia and two full-service branches in Virginia.MVB Financial Corp.was founded in 1997 and is headquartered in Fairmont, West Virginia.

Show Full description

1.b. Last Insights on MVBF

MVB Financial Corp.'s recent performance was positively driven by strategic initiatives. The company announced an investment securities repositioning strategy, selling approximately $73 million in available-for-sale investment securities with a weighted-average tax-equivalent yield of 1.70%. Additionally, MVB Financial Corp. completed the sale of Victor Technologies to Jack Henry & Associates, streamlining its operations. These moves suggest a focus on optimizing its portfolio and enhancing profitability. The company's Q2 2025 net income was $2.0 million, and an executive transition was also announced, potentially bringing new leadership perspectives.

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

Request Coverage

3. NewsRoom

Card image cap

MVB Financial Corp. Declares Fourth Quarter 2025 Dividend

Nov -19

Source: businesswire.com

Card image cap

MVB Bank Earns Five Workplace Awards in 2025

Nov -17

Source: businesswire.com

Card image cap

Mvb Financial Corp. (NASDAQ:MVBF) Receives $31.50 Consensus Target Price from Analysts

Nov -17

Source: defenseworld.net

Card image cap

MVB Financial (MVBF) Reports Q3 Loss, Lags Revenue Estimates (Revised)

Oct -30

Source: zacks.com

Card image cap

MVB Financial (MVBF) Reports Q3 Loss, Lags Revenue Estimates

Oct -30

Source: zacks.com

Card image cap

MVB Financial Corp. Announces Third Quarter 2025 Results

Oct -29

Source: businesswire.com

Card image cap

MVB Financial Corp. Announces Stock Repurchase Program

Oct -27

Source: businesswire.com

Card image cap

MVB Financial Corp. Announces Investment Securities Repositioning Strategy

Oct -06

Source: businesswire.com

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (9.87%)

6. Segments

Commercial and Retail Banking

Expected Growth: 10%

MVB Financial Corp.'s Commercial and Retail Banking segment growth is driven by strategic expansion into new markets, increased lending activities, and enhanced digital banking capabilities. Additionally, a strong focus on customer relationships, competitive pricing, and efficient cost management contribute to the 10% growth rate.

Intercompany Eliminations

Expected Growth: 8%

MVB Financial Corp.'s 8% growth in Intercompany Eliminations is driven by increased treasury services, higher interest rates, and strategic acquisitions. The company's expanded commercial lending and deposit growth also contribute to this growth. Additionally, effective cost management and improved operational efficiency further support the increase in Intercompany Eliminations.

Other

Expected Growth: 9%

MVB Financial Corp.'s 9% growth is driven by strategic expansion into new markets, increased adoption of digital banking services, and a strong commercial lending portfolio. Additionally, the company's focus on operational efficiency and cost management has enabled it to maintain a strong net interest margin, contributing to its overall growth.

Financial Holding Company

Expected Growth: 12%

MVB Financial Corp's 12% growth as a Financial Holding Company is driven by strategic acquisitions, expansion into new markets, and a strong focus on digital transformation. Additionally, the company's diversified revenue streams, including commercial banking, mortgage banking, and wealth management, contribute to its growth. Effective cost management and a solid balance sheet also support its growth momentum.

Mortgage Banking

Expected Growth: 11%

MVB Financial Corp.'s 11% growth in Mortgage Banking is driven by increasing demand for housing, low interest rates, and strategic expansion into new markets. Additionally, the company's digital lending platform and strong relationships with mortgage brokers have contributed to the growth. Furthermore, the company's focus on non-qualified mortgage products and government-backed loans has also fueled the segment's growth.

7. Detailed Products

Banking as a Service (BaaS)

MVB Financial Corp.'s BaaS platform enables fintech companies to offer banking services to their customers, including debit cards, checking accounts, and payment processing.

Card Issuance

MVB Financial Corp.'s card issuance services allow companies to issue physical or virtual debit cards, credit cards, or prepaid cards to their customers.

Payment Processing

MVB Financial Corp.'s payment processing services enable companies to process transactions, including ACH, wire, and card transactions.

Account Services

MVB Financial Corp.'s account services enable companies to offer checking accounts, savings accounts, and other deposit accounts to their customers.

Compliance and Risk Management

MVB Financial Corp.'s compliance and risk management services help companies navigate the complex regulatory landscape of the financial industry.

8. MVB Financial Corp.'s Porter Forces

Forces Ranking

Threat Of Substitutes

MVB Financial Corp. operates in a niche market, providing financial services to a specific segment of customers. While there are some substitutes available, they are not as convenient or tailored to the specific needs of MVB's customers.

Bargaining Power Of Customers

MVB Financial Corp.'s customers are largely dependent on the company's services, and there are limited alternatives available. This gives the company a degree of pricing power and reduces the bargaining power of customers.

Bargaining Power Of Suppliers

MVB Financial Corp. relies on a network of suppliers to provide services to its customers. While there are some alternative suppliers available, the company's reliance on these suppliers gives them some bargaining power.

Threat Of New Entrants

The financial services industry is heavily regulated, and there are significant barriers to entry. This makes it difficult for new entrants to enter the market and compete with MVB Financial Corp.

Intensity Of Rivalry

The financial services industry is highly competitive, with many established players competing for market share. MVB Financial Corp. must continually innovate and improve its services to remain competitive.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 23.10%
Debt Cost 6.04%
Equity Weight 76.90%
Equity Cost 9.11%
WACC 8.40%
Leverage 30.04%

11. Quality Control: MVB Financial Corp. passed 3 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
MVB Financial

A-Score: 6.3/10

Value: 6.3

Growth: 4.9

Quality: 6.6

Yield: 5.0

Momentum: 8.0

Volatility: 7.0

1-Year Total Return ->

View Full Report
Stock-Card
South Plains Financial

A-Score: 6.3/10

Value: 6.6

Growth: 5.9

Quality: 6.6

Yield: 4.0

Momentum: 7.0

Volatility: 7.7

1-Year Total Return ->

View Full Report
Stock-Card
Civista Bancshares

A-Score: 6.1/10

Value: 5.7

Growth: 5.7

Quality: 5.8

Yield: 6.0

Momentum: 7.0

Volatility: 6.3

1-Year Total Return ->

View Full Report
Stock-Card
United Bancorp

A-Score: 6.0/10

Value: 4.4

Growth: 4.9

Quality: 4.5

Yield: 10.0

Momentum: 6.5

Volatility: 6.0

1-Year Total Return ->

View Full Report
Stock-Card
QCR Holdings

A-Score: 5.7/10

Value: 6.3

Growth: 8.3

Quality: 7.6

Yield: 0.0

Momentum: 4.5

Volatility: 7.3

1-Year Total Return ->

View Full Report
Stock-Card
Brookline Bancorp

A-Score: 5.7/10

Value: 6.1

Growth: 4.2

Quality: 4.4

Yield: 9.0

Momentum: 10.0

Volatility: 0.3

1-Year Total Return ->

View Full Report

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

27.19$

Current Price

27.19$

Potential

-0.00%

Expected Cash-Flows