---
schema_version: "secwatch.filing_event.v1"
accession: "0001277902-23-000023"
form_type: "8-K"
ticker: "MVBF"
cik: "0001277902"
company_name: "MVB FINANCIAL CORP"
filed_at: "2023-02-17T23:59:59+00:00"
generated_at: "2026-06-19T07:50:53.199412+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MVB Financial Q4 net income $6.5M ($0.50 diluted EPS); net interest margin expands 32 bps QoQ

## Summary
- Q4 net income $6.5M vs $2.7M in Q3 2022; diluted EPS $0.50 vs $0.21; FY 2022 net income $15.0M vs $39.1M in 2021.
- Net interest margin (tax-equiv) 4.57%, up 32 bps QoQ; net interest income $33.7M, up 12% QoQ.
- Noninterest income fell 22.8% QoQ to $6.3M; exited bitcoin mining loans with $3.8M loss on sale of $10.7M loans.
- Merger with Integrated Financial Holdings received shareholder approval; expected close in Q1 2023.
- Net charge-offs $5.4M (0.91% annualized) vs $1.3M in Q3, driven by one commercial relationship and consumer portfolio.

## SEC filing metadata
- accession: 0001277902-23-000023
- form_type: 8-K
- ticker: MVBF
- cik: 0001277902
- company_name: MVB FINANCIAL CORP
- filed_at: 2023-02-17T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1277902/000127790223000023/0001277902-23-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1277902/000127790223000023/mvbf-20230217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001277902-23-000023
- JSON: https://secwatch.observer/filing/0001277902-23-000023.json
- Plain text: https://secwatch.observer/filing/0001277902-23-000023.txt

## Key facts
- Earnings Releases
  MVB FINANCIAL CORP reported the year ended December 31, 2022 results: net income $15,047, EPS $1.23 basic and $1.17 diluted earnings per share.
  - Period: the year ended December 31, 2022
  - Net income: $15,047
  - EPS: $1.23 basic and $1.17 diluted earnings per share
  - Result: reported results
  source text: Net income $ 6,509 $ 2,718 $ 9,959 $ 15,047 $ 39,121 Earnings per share - basic $ 0.52 $ 0.22 $ 0.83 $ 1.23 $ 3.32 Earnings per share - diluted $ 0.50 $ 0.21 $ 0.77 $ 1.17 $ 3.10
  evidence_url: https://www.sec.gov/Archives/edgar/data/1277902/000127790223000023/0001277902-23-000023-index.htm
- Earnings Releases
  MVB FINANCIAL CORP reported the three months ended December 31, 2022 results: net income $6.5 million, EPS $0.52 basic and $0.50 diluted earnings per share.
  - Period: the three months ended December 31, 2022
  - Net income: $6.5 million
  - EPS: $0.52 basic and $0.50 diluted earnings per share
  - Result: reported results
  source text: today announced financial results for the fourth quarter and year ended December 31, 2022, with reported net income of $6.5 million, or $0.52 basic and $0.50 diluted earnings per share for the three months ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1277902/000127790223000023/0001277902-23-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.