MVBF stock icon

MVB Financial
MVBF

$24.77
0.56%

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 4 analysts
News positive %

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

Low target
$25
1%
upside
Avg. target
$27
9%
upside
High target
$30
21%
upside

4 analyst ratings

positive
100%
neutral
0%
negative
0%
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

Financial journalist opinion