NasdaqCM:MVBF

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Executive Summary

MVB Financial Corp., together with its subsidiaries, provides banking and mortgage products and services to individuals and corporate clients in the United States. More Details


Snowflake Analysis

Flawless balance sheet established dividend payer.


Similar Companies

Share Price & News

How has MVB Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MVBF's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.8%

MVBF

3.9%

US Banks

-0.4%

US Market


1 Year Return

-13.3%

MVBF

-26.3%

US Banks

18.3%

US Market

Return vs Industry: MVBF exceeded the US Banks industry which returned -26.3% over the past year.

Return vs Market: MVBF underperformed the US Market which returned 18.3% over the past year.


Shareholder returns

MVBFIndustryMarket
7 Day-0.8%3.9%-0.4%
30 Day11.8%13.0%8.0%
90 Day32.1%3.8%9.4%
1 Year-11.5%-13.3%-23.6%-26.3%21.0%18.3%
3 Year-4.1%-7.4%-16.3%-23.3%42.1%32.7%
5 Year21.0%15.3%21.9%6.8%85.6%64.7%

Price Volatility Vs. Market

How volatile is MVB Financial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is MVB Financial undervalued compared to its fair value and its price relative to the market?

7.59x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MVBF ($17.3) is trading above our estimate of fair value ($12.25)

Significantly Below Fair Value: MVBF is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MVBF is good value based on its PE Ratio (7.6x) compared to the US Banks industry average (10.2x).

PE vs Market: MVBF is good value based on its PE Ratio (7.6x) compared to the US market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: MVBF's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: MVBF is overvalued based on its PB Ratio (0.9x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

How is MVB Financial forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

-43.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MVBF's earnings are forecast to decline over the next 3 years (-43.8% per year).

Earnings vs Market: MVBF's earnings are forecast to decline over the next 3 years (-43.8% per year).

High Growth Earnings: MVBF's earnings are forecast to decline over the next 3 years.

Revenue vs Market: MVBF's revenue is expected to decline over the next 3 years (-20.7% per year).

High Growth Revenue: MVBF's revenue is forecast to decline over the next 3 years (-20.7% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MVBF's Return on Equity is forecast to be low in 3 years time (4.9%).


Next Steps

Past Performance

How has MVB Financial performed over the past 5 years?

38.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MVBF has a high level of non-cash earnings.

Growing Profit Margin: MVBF's current net profit margins (19.6%) are lower than last year (22.4%).


Past Earnings Growth Analysis

Earnings Trend: MVBF's earnings have grown significantly by 38.2% per year over the past 5 years.

Accelerating Growth: MVBF's earnings growth over the past year (11.7%) is below its 5-year average (38.2% per year).

Earnings vs Industry: MVBF earnings growth over the past year (11.7%) exceeded the Banks industry -3.2%.


Return on Equity

High ROE: MVBF's Return on Equity (12%) is considered low.


Next Steps

Financial Health

How is MVB Financial's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: MVBF's Assets to Equity ratio (9.7x) is low.

Allowance for Bad Loans: MVBF has a sufficient allowance for bad loans (126%).

Low Risk Liabilities: 94% of MVBF's liabilities are made up of primarily low risk sources of funding.

Loan Level: MVBF has an appropriate level of Loans to Assets ratio (67%).

Low Risk Deposits: MVBF's Loans to Deposits ratio (79%) is appropriate.

Level of Bad Loans: MVBF has an appropriate level of bad loans (0.9%).


Next Steps

Dividend

What is MVB Financial current dividend yield, its reliability and sustainability?

2.08%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MVBF's dividend (2.08%) is higher than the bottom 25% of dividend payers in the US market (1.63%).

High Dividend: MVBF's dividend (2.08%) is low compared to the top 25% of dividend payers in the US market (4.56%).


Stability and Growth of Payments

Stable Dividend: MVBF's dividends per share have been stable in the past 10 years.

Growing Dividend: MVBF's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (13.2%), MVBF's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: MVBF's dividends in 3 years are forecast to be well covered by earnings (41.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.8yrs

Average management tenure


CEO

Larry Mazza (59 yo)

11.75yrs

Tenure

US$1,813,962

Compensation

Mr. Larry F. Mazza, CPA has been the Chief Executive Officer and President of MVB Financial Corp., since January 1, 2009 and January 01, 2014 respectively. Mr. Mazza served as the Chief Executive Officer a ...


CEO Compensation Analysis

Compensation vs Market: Larry's total compensation ($USD1.81M) is above average for companies of similar size in the US market ($USD1.24M).

Compensation vs Earnings: Larry's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Larry Mazza
President11.75yrsUS$1.81m2.94%
$ 6.1m
Donald Robinson
Executive VP4.75yrsUS$760.76k0.12%
$ 255.3k
J. Pallotta
Independent Director21.75yrsUS$134.60k1.19%
$ 2.5m
David Jones
Senior VP & Chief Risk Officer15.75yrsUS$444.16k0.34%
$ 694.3k
John Schirripa
Executive VP & Chief Commercial Lending Officerno dataUS$555.23k0.25%
$ 521.7k
Pat Runge
Chief Technology Officerno datano datano data
Lisa McCormick
Corporate Secretary/ Investor Relations4.75yrsno datano data
Amy Baker
Vice President of Corporate Communications & Marketingno datano datano data
Craig Greathouse
Executive VP and Chief People & Culture Officer2.42yrsno data0.053%
$ 109.5k
James Potasky
Senior Vice President of Audit3.58yrsno datano data
Steven Braden
Executive VP & Chief Retail Banking Officer of Reston2.75yrsno datano data
Matt West
Chief Strategy Officerno datano datano data

4.8yrs

Average Tenure

57.5yo

Average Age

Experienced Management: MVBF's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Larry Mazza
President11.75yrsUS$1.81m2.94%
$ 6.1m
J. Pallotta
Independent Director21.75yrsUS$134.60k1.19%
$ 2.5m
Kelly Nelson
Independent Director15.75yrsUS$124.10k0.60%
$ 1.2m
David Alvarez
Independent Chairman2.17yrsUS$138.47k2.52%
$ 5.2m
John Ebert
Independent Director7.42yrsUS$123.30k0.69%
$ 1.4m
Gary LeDonne
Independent Director4.08yrsUS$136.10k0.42%
$ 877.8k
Daniel Holt
Independent Director2.83yrsUS$102.50k0.098%
$ 202.8k
Anna Sainsbury
Director0.083yrno datano data
Cheryl Spielman
Independent Director1.42yrsUS$110.37k0.088%
$ 181.9k

4.1yrs

Average Tenure

59.5yo

Average Age

Experienced Board: MVBF's board of directors are considered experienced (4.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MVBF insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.


Top Shareholders

Company Information

MVB Financial Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MVB Financial Corp.
  • Ticker: MVBF
  • Exchange: NasdaqCM
  • Founded: 1997
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$206.993m
  • Shares outstanding: 11.96m
  • Website: https://www.mvbbanking.com

Number of Employees


Location

  • MVB Financial Corp.
  • 301 Virginia Avenue
  • Fairmont
  • West Virginia
  • 26554
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MVBFNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDNov 2003

Biography

MVB Financial Corp., together with its subsidiaries, provides banking and mortgage products and services to individuals and corporate clients in the United States. The company operates through three segmen ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/24 01:03
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.