tiprankstipranks
Trending News
More News >

MVB Financial Reports Strong Q4 2024 Financial Highlights

Story Highlights

MVB Financial ( (MVBF) ) has issued an update.

MVB Financial Corp. has reported a series of financial highlights for Q4 2024, including a pre-tax gain of $11.8 million from a sale-leaseback transaction and an increase in book value per share. The company maintains a strong liquidity position with significant cash on the balance sheet and available borrowing capacity. Recent insider stock purchases by MVB’s leadership indicate confidence in the company’s future performance.

More about MVB Financial

MVB Financial Corp. operates in the financial services industry, focusing on banking as a service and fintech partnerships. The company offers a range of products including payments, lending, and deposit services, with a strategic emphasis on supporting fintech clients and maintaining a tech-forward approach.

YTD Price Performance: -15.31%

Average Trading Volume: 38,628

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $220.1M

See more data about MVBF stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App