---
schema_version: "secwatch.filing_event.v1"
accession: "0001277902-24-000059"
form_type: "8-K"
ticker: "MVBF"
cik: "0001277902"
company_name: "MVB FINANCIAL CORP"
filed_at: "2024-05-21T23:59:59+00:00"
generated_at: "2026-06-01T10:28:29.322683+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "medium"
source: SEC EDGAR
---

# MVB Financial Corp presents improving credit trends at annual meeting; NPL ratio drops to 0.33% in 2024

## Summary
- Non-performing loans / total loans improved to 0.33% in 2024, down from 0.94% in 2020.
- Net charge-offs / average loans were 0.23% overall in 2024, better than peer average of 0.30%.
- Allowance for credit losses / total loans stood at 1.01% in 2024 vs. 1.11% for peers.
- Presentation shows growth in deposits and revenue from 2020-2024, driven in part by fintech deposits.

## SEC filing metadata
- accession: 0001277902-24-000059
- form_type: 8-K
- ticker: MVBF
- cik: 0001277902
- company_name: MVB FINANCIAL CORP
- filed_at: 2024-05-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: medium
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1277902/000127790224000059/0001277902-24-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1277902/000127790224000059/mvbf-20240521.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001277902-24-000059
- JSON: https://secwatch.observer/filing/0001277902-24-000059.json
- Plain text: https://secwatch.observer/filing/0001277902-24-000059.txt

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