Recent Updates — MVBF
MVB Financial Corp. declared a quarterly cash dividend of $0.17 per share for shareholders of record on September 1, 2026, payable on September 15, 2026. This represents the third quarterly dividend for 2026 and maintains the same amount as the previous quarter. MVB Financial Corp. operates in the banking industry, providing traditional retail and commercial banking services alongside Fintech solutions in payments, card issuance, and online gaming programs.
MVB Financial Corp filed an 8-K under Item 7.01 to furnish slides from an investor presentation covering its Q2 2026 performance. The company reported $3.5 billion in total assets, $188 million in trailing twelve-month revenue, and diluted EPS of $0.93, representing a 520% increase from Q2 2025. The presentation highlighted a 136% increase in net income excluding one-time gains, $323 million in loan growth, and $307 million in deposit growth compared to the prior year period. MVB also noted the repurchase of 48,432 shares in Q2 2026 and the payment of $4.4 million in common dividends year-to-date. MVB Financial Corp operates as a bank holding company focused on providing banking-as-a-service and fintech solutions.
MVB Financial Corp. reported second quarter 2026 net income of $12.3 million, or $0.95 basic and $0.93 diluted earnings per share, a significant increase from the prior quarter. The results included a $10.0 million pre-tax gain from an existing Fintech investment. Excluding this gain, noninterest income rose 6.7%, driven by 18.1% growth in payment card and service charge income. Total loans grew 3.0% to $2.48 billion, marking the fifth consecutive quarter of loan growth, while total deposits increased 7.4% to $3.11 billion. The fully tax-equivalent net interest margin expanded 43 basis points to 4.16%, with the core margin at 3.87%. Nonperforming loans declined to $29.2 million following the resolution of the largest nonperforming loan. The company also repurchased 48,432 shares for approximately $1.2 million during the quarter. MVB Financial Corp. operates as a bank holding company providing payments, banking-as-a-service, and gaming programs for Fintech companies alongside traditional retail and commercial banking services.