NasdaqCM:MVBF

Stock Analysis Report

Executive Summary

MVB Financial Corp., through its subsidiaries, provides banking and mortgage products and services to individuals and corporate clients in the Mid-Atlantic region.

Snowflake

Fundamentals

Flawless balance sheet with proven track record and pays a dividend.


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


Market Performance


7 Day Return

2.0%

NasdaqCM:MVBF

3.3%

US Banks

2.1%

US Market


1 Year Return

-4.3%

NasdaqCM:MVBF

-13.8%

US Banks

-0.04%

US Market

MVBF outperformed the Banks industry which returned -14.8% over the past year.

MVBF underperformed the Market in United States of America which returned 0.2% over the past year.


Share holder returns

MVBFIndustryMarket
7 Day2.0%3.3%2.1%
30 Day1.3%-7.0%-3.2%
90 Day7.7%-2.3%2.8%
1 Year-3.5%-4.3%-11.3%-13.8%2.2%-0.04%
3 Year31.7%29.1%42.5%32.7%41.5%32.3%
5 Year8.7%5.2%54.2%37.6%55.0%37.8%

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 based on future cash flows and its price relative to the stock market?

8.17x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

MVB Financial's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

MVB Financial's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

MVB Financial is good value based on earnings compared to the US Banks industry average.

MVB Financial is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

MVB Financial earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

MVB Financial is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

-23.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

MVB Financial's revenue is expected to grow by 4.1% yearly, however this is not considered high growth (20% yearly).

MVB Financial's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

MVB Financial's revenue growth is positive but not above the United States of America market average.

MVB Financial's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

MVB Financial's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

MVB Financial is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has MVB Financial performed over the past 5 years?

33.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

MVB Financial has delivered over 20% year on year earnings growth in the past 5 years.

MVB Financial's 1-year earnings growth exceeds its 5-year average (179.1% vs 33.7%)

MVB Financial's earnings growth has exceeded the US Banks industry average in the past year (179.1% vs 33.2%).


Return on Equity

MVB Financial has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

MVB Financial used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if MVB Financial improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


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

Information is not available.

Information is not available.


Financial Institutions Analysis

MVB Financial has an acceptable proportion of non-loan assets held.

MVB Financial has a sufficient allowance for bad loans.

MVB Financial's liabilities are made up of primarily low risk sources of funding.

MVB Financial's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at MVB Financial are broadly funded by customer deposits.

MVB Financial has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

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

0.97%

Expected Dividend Yield


Dividend Yield and Payments Analysis

MVB Financial's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

MVB Financial's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (15.5x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be thoroughly covered by earnings (7.9x coverage).


Next Steps

Management

What is the CEO of MVB Financial's salary, the management and board of directors tenure and is there insider trading?

3.0yrs

Average management tenure


CEO

Larry Mazza (58yo)

10.6yrs

Tenure

US$6,688,385

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

Larry's remuneration is higher than average for companies of similar size in United States of America.

Larry's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.0yrs

Average Tenure

56.5yo

Average Age

The tenure for the MVB Financial management team is about average.


Board Age and Tenure

6.3yrs

Average Tenure

58.5yo

Average Age

The tenure for the MVB Financial board of directors is about average.


Insider Trading

More shares have been bought than sold by MVB Financial individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$24,91131 Jul 19
Cheryl Spielman
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,430
Max PriceUS$17.42
BuyUS$40,28530 May 19
J. Pallotta
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,599
Max PriceUS$15.50
BuyUS$15,66524 May 19
Cheryl Spielman
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$15.76
BuyUS$5,52015 May 19
Donald Robinson
EntityIndividual
Role
Chief Financial Officer
Executive VP
Shares345
Max PriceUS$16.00
SellUS$3,38213 Nov 18
Harry Dean
EntityIndividual
Role
Member of the Board of Directors
Director
Shares178
Max PriceUS$19.00

Ownership Breakdown


Management Team

  • Chris Pallotta (69yo)

    Director

    • Tenure: 20.6yrs
    • Compensation: US$86.29k
  • Larry Mazza (58yo)

    President

    • Tenure: 10.6yrs
    • Compensation: US$6.69m
  • David Jones (56yo)

    Senior VP & Chief Risk Officer

    • Tenure: 14.6yrs
    • Compensation: US$415.79k
  • John Schirripa (57yo)

    Executive VP

    • Tenure: 0.0yrs
    • Compensation: US$605.87k
  • Steve Braden (52yo)

    Executive VP & Chief Retail Banking Officer of Reston

    • Tenure: 1.6yrs
  • Don Robinson (44yo)

    Executive VP

    • Tenure: 3.6yrs
    • Compensation: US$786.13k
  • Josh Anderson

    Chief Information Officer

    • Tenure: 0.0yrs
  • James Potasky

    Senior Vice President of Audit

    • Tenure: 2.4yrs
  • C. Greathouse

    Senior Vice President of Human Resources

    • Tenure: 1.3yrs
  • Amy Baker

    Vice President of Corporate Communications & Marketing

    • Tenure: 0.0yrs

Board Members

  • Chris Pallotta (69yo)

    Director

    • Tenure: 20.6yrs
    • Compensation: US$86.29k
  • Kelly Nelson (59yo)

    Director

    • Tenure: 14.6yrs
    • Compensation: US$80.43k
  • Larry Mazza (58yo)

    President

    • Tenure: 10.6yrs
    • Compensation: US$6.69m
  • David Alvarez (55yo)

    Chairman of the Board

    • Tenure: 1.0yrs
    • Compensation: US$64.83k
  • John Ebert (59yo)

    Director

    • Tenure: 6.3yrs
    • Compensation: US$77.13k
  • Gary LeDonne (59yo)

    Director

    • Tenure: 2.9yrs
    • Compensation: US$90.79k
  • Jim Cava (54yo)

    Director

    • Tenure: 6.3yrs
    • Compensation: US$104.35k
  • Dan Holt (48yo)

    Director

    • Tenure: 1.7yrs
    • Compensation: US$64.83k
  • Ed Dean (50yo)

    Director

    • Tenure: 6.7yrs
    • Compensation: US$4.09m
  • Cheryl Spielman (64yo)

    Director

    • Tenure: 0.3yrs

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$200.070m
  • Shares outstanding: 11.70m
  • 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., through its subsidiaries, provides banking and mortgage products and services to individuals and corporate clients in the Mid-Atlantic region. 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 Analysis2019/08/22 23:52
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.