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MVB Financial Corp (MVBF) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

MVB Financial Corp (MVBF) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. MVB Financial Corp is a bank holding company. It has three reportable segments: commercial and retail banking; mortgage banking; and financial holding company. MVB Financial Corp has a market cap of $175.260 million; its shares were traded at around $15.10 with a P/E ratio of 14.95 and P/S ratio of 2.03. The dividend yield of MVB Financial Corp stocks is 0.79%.


For the last quarter MVB Financial Corp reported a revenue of $22.7 million, compared with the revenue of $21.84 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $90.7 million, an increase of 6.7% from last year. For the last five years MVB Financial Corp had an average revenue growth rate of 13.9% a year.

The reported diluted earnings per share was $1 for the year, an increase of 47.1% from previous year. Over the last five years MVB Financial Corp had an EPS growth rate of 21.3% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, MVB Financial Corp has the cash and cash equivalents of $37.0 million, compared with $35.1 million in the previous year. The company had no long term debt, compared with $185.7 million in the previous year. MVB Financial Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $15.10, MVB Financial Corp is traded at close to its historical median P/S valuation band of $16.67. The P/S ratio of the stock is 2.03, while the historical median P/S ratio is 2.23. The stock lost 23.31% during the past 12 months.

For the complete 20-year historical financial data of MVBF, click here.

This article first appeared on GuruFocus.