{"schema_version":"secwatch.filing_event.v1","accession":"0001277902-24-000028","form_type":"8-K","ticker":"MVBF","cik":"0001277902","company_name":"MVB FINANCIAL CORP","filed_at":"2024-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.684385+00:00","generated_at":"2026-06-03T05:25:16.207685+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"MVB Financial Q1 net income $4.5M; fintech fee income up 26% QoQ, NIM compresses to 3.83%","bullets":["Net income of $4.5M ($0.34 diluted EPS); total revenue up 6.8% QoQ to $38.1M (non-GAAP).","Fintech fee income (payment card/service charge) grew 26.3% QoQ and 33.3% YoY to $4.8M.","Net interest margin (tax-equiv) fell 23 bps QoQ to 3.83%; cost of funds rose to 2.52%.","Total deposits rose 8.4% QoQ to $3.15B; noninterest-bearing deposits up 16.2% to $1.39B.","Nonperforming loans decreased 8.7% to $7.5M; net charge-offs of $1.3M vs $0.5M prior quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001277902-24-000028","json":"https://secwatch.observer/filing/0001277902-24-000028.json","markdown":"https://secwatch.observer/filing/0001277902-24-000028.md","text":"https://secwatch.observer/filing/0001277902-24-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1277902/000127790224000028/0001277902-24-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1277902/000127790224000028/mvbf-20240429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T05:25:16.207685+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"927beedab4fe9f4f781327915daebbae0de53131","claim":"MVB FINANCIAL CORP reported first quarter of 2024 results: net income $4.5 million, EPS $0.35 basic and $0.34 diluted earnings per share.","evidence_excerpt":"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 first quarter of 2024, with reported net income of $4.5 million, or $0.35 basic and $0.34 diluted earnings per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1277902/000127790224000028/0001277902-24-000028-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2024"},{"label":"Net income","value":"$4.5 million"},{"label":"EPS","value":"$0.35 basic and $0.34 diluted earnings per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}