---
schema_version: "secwatch.filing_event.v1"
accession: "0001277902-24-000003"
form_type: "8-K"
ticker: "MVBF"
cik: "0001277902"
company_name: "MVB FINANCIAL CORP"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:07:20.745461+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MVB Financial Q4 net income $7.9M, EPS $0.61; NIM expands 17bps to 4.04%

## Summary
- Q4 net income $7.9M ($0.61 diluted EPS); net interest margin improved 17bps to 4.04%.
- Loans increased 2.1% QoQ to $2.32B, deposits declined 4.5% QoQ to $2.90B; NIB deposits rose 9.4%.
- Noninterest expense fell 7.9% QoQ to $28.3M; noninterest income down 23.4% due to equity method losses.
- Credit quality improved: nonperforming loans $8.3M (0.4% of loans); criticized loans 5.3% of loans; ACL release $2.1M.
- Tier 1 RBC ratio 14.4%, Community Bank Leverage Ratio 10.5%; quarterly dividend unchanged at $0.17/share.

## SEC filing metadata
- accession: 0001277902-24-000003
- form_type: 8-K
- ticker: MVBF
- cik: 0001277902
- company_name: MVB FINANCIAL CORP
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1277902/000127790224000003/0001277902-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1277902/000127790224000003/mvbf-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001277902-24-000003
- JSON: https://secwatch.observer/filing/0001277902-24-000003.json
- Plain text: https://secwatch.observer/filing/0001277902-24-000003.txt

## Key facts
- Earnings Releases
  MVB FINANCIAL CORP reported quarter ended December 31, 2023 results: net income net income of $7.9 million, EPS $0.62 basic and $0.61 diluted earnings per share.
  - Period: quarter ended December 31, 2023
  - Net income: net income of $7.9 million
  - EPS: $0.62 basic and $0.61 diluted earnings per share
  - Result: reported results
  source text: MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the fourth quarter and year ended December 31, 2023, with reported net income of $7.9 million, or $0.62 basic and $0.61 diluted earnings per share for the three months ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1277902/000127790224000003/0001277902-24-000003-index.htm

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