MVB FinancialMVBF
Market Cap: 319M
About: MVB Financial Corp is a bank holding company. The company provides community banking, mortgage banking, insurance and wealth management services to individuals and corporate clients in the Mid-Atlantic region. The Bank offers its customers various products, such as checking accounts, negotiable order of withdrawal (NOW) accounts, money market and savings accounts, time certificates of deposit, commercial, installment, commercial real estate and residential real estate mortgage loans, debit cards, and safe deposit rental facilities. MVB has three reportable segments: CoRe banking; mortgage banking and the financial holding company. It generates majority of its revenues from its CoRe banking segment.
Employees: 445
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
3% more funds holding
Funds holding: 77 [Q4 2023] → 79 (+2) [Q1 2024]
1.24% more ownership
Funds ownership: 48.58% [Q4 2023] → 49.82% (+1.24%) [Q1 2024]
8% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 24
2% more capital invested
Capital invested by funds: $139M [Q4 2023] → $143M (+$3.29M) [Q1 2024]
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $4K
Research analyst outlook
4 Wall Street Analysts provided 1 year price forecasts over the past 6 months
4 analyst ratings
JP Morgan Steven Alexopoulos | 1%upside $25 | Overweight Maintained | 1 May 2024 |
JP Morgan Steven Alexopoulos | 13%upside $28 | Overweight Maintained | 4 Apr 2024 |
Keefe, Bruyette & Woods Catherine Mealor | 1%upside $25 | Outperform Maintained | 1 Mar 2024 |
JP Morgan Steven Alexopoulos | 21%upside $30 | Overweight Maintained | 20 Feb 2024 |