MVB Financial (MVBF) Projected to Post Quarterly Earnings on Wednesday

MVB Financial (NASDAQ:MVBF - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.21 per share and revenue of $34.48 million for the quarter.

MVB Financial (NASDAQ:MVBF - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.06. MVB Financial had a net margin of 8.78% and a return on equity of 6.76%. On average, analysts expect MVB Financial to post $1 EPS for the current fiscal year and $3 EPS for the next fiscal year.

MVB Financial Price Performance

Shares of MVBF stock traded up $0.01 during trading hours on Wednesday, hitting $17.06. 18,722 shares of the company's stock were exchanged, compared to its average volume of 29,469. MVB Financial has a 52 week low of $15.59 and a 52 week high of $25.24. The stock has a market cap of $220.93 million, a price-to-earnings ratio of 11.15 and a beta of 0.89. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.94 and a quick ratio of 0.94. The stock's 50-day moving average is $17.11 and its 200-day moving average is $19.28.

MVB Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, March 15th. Investors of record on Saturday, March 1st were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date was Friday, February 28th. MVB Financial's dividend payout ratio is currently 44.44%.

Insider Buying and Selling at MVB Financial

In other MVB Financial news, insider Michael Louis Giorgio purchased 5,700 shares of MVB Financial stock in a transaction that occurred on Wednesday, March 12th. The stock was acquired at an average price of $17.60 per share, for a total transaction of $100,320.00. Following the completion of the acquisition, the insider now owns 7,504 shares of the company's stock, valued at approximately $132,070.40. This trade represents a 315.96 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Insiders purchased a total of 7,400 shares of company stock worth $129,574 over the last ninety days. 11.66% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have commented on MVBF. Keefe, Bruyette & Woods lowered their target price on shares of MVB Financial from $26.00 to $25.00 and set an "outperform" rating for the company in a report on Monday, March 3rd. Raymond James decreased their price objective on MVB Financial from $24.00 to $20.00 and set an "outperform" rating for the company in a report on Wednesday, April 2nd.

MVB Financial Company Profile

MVB Financial Corp. operates as bank holding company for MVB Bank, Inc that provides financial services to individuals and corporate clients. The company operates through three segments: CoRe Banking, Mortgage Banking, and The 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.