- PR Newswire•3 days ago
FAIRMONT, W.Va., Dec. 6, 2016 /PRNewswire/ -- MVB Financial Corp. (OTC Markets Group OTCQB: MVBF) (MVB) today announced the closing of a private placement totaling approximately $22 million of common stock. MVB issued 1,913,044 shares of common stock, at a price of $11.50 per share to certain institutional investors. The proceeds from the private placement will be used for general corporate purposes and a portion of the proceeds may be used to redeem the preferred stock issued to the United States Department of Treasury in connection with the Company's participation in the Small Business Lending Fund. The shares issued in the private placement will be registered by the Company for resale on a Form S-3. "The success of this capital raise reflects our strength and strategic vision as a leading community bank," said Larry F. Mazza, CEO, MVB Financial Corp. "In just five years, our assets have tripled, and our bank footprint has doubled.
- PR Newswire•23 days ago
FAIRMONT, W.Va., Nov. 16, 2016 /PRNewswire/ -- The Board of Directors of MVB Financial Corp., (OTC Markets Group OTCQB: MVBF) has declared a quarterly cash dividend of $0.02 per share to shareholders of record at the close of business on December 1, 2016, payable December 15, 2016. In its third quarter earnings announcement for the quarter ending September 30, 2016, MVB reported net income of $2.3 million, a 64% increase over the same period during the prior year. Earnings per share for the quarter ended September 30, 2016 was $0.25, a 56% increase over the same period of the prior year.
- Capital Cube•28 days ago
Categories: Yahoo Finance Get free summary analysis MVB Financial Corp. reports financial results for the quarter ended September 30, 2016. We analyze the earnings along side the following peers of MVB Financial Corp. – MutualFirst Financial, Inc., TrustCo Bank Corp NY, State Street Corporation, New York Community Bancorp, Inc. and Capital One Financial Corporation (MFSF-US, TRST-US, STT-US, NYCB-US ... Read more (Read more...)
MVBF : Summary for MVB FINANCIAL CORP COM USD1 - Yahoo Finance
MVB Financial Corp. (MVBF)
Other OTC - Other OTC Delayed Price. Currency in USD
Add to watchlist
|Day's Range||0.00 - 0.00|
|52 Week Range|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||10.35|
|Dividend & Yield||0.08 (0.63%)|
|1y Target Est||N/A|