---
schema_version: "secwatch.filing_event.v1"
accession: "0001277902-24-000136"
form_type: "8-K"
ticker: "MVBF"
cik: "0001277902"
company_name: "MVB FINANCIAL CORP"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:04:47.907247+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MVB Financial Q3 net income $2.1M ($0.16 EPS); digital asset wind-down hit EPS by $0.29

## Summary
- Net interest margin (FTE) 3.61%, down 14 bps QoQ; $0.3M brokered CD termination costs weighed on margin.
- Payments-related deposits surged 60.8% QoQ; total deposits rose 4.1% to $3.00B.
- Nonperforming loans increased to $28.6M (1.3% of loans) from $23.1M; provision for credit losses $1.0M.
- Capital ratios improved: CBLR 10.9%, Tier 1 Risk-Based 14.9%; tangible book value $23.20, up 2.2% QoQ.
- Total loans declined 1.6% QoQ to $2.17B; loan pipeline improved per management.

## SEC filing metadata
- accession: 0001277902-24-000136
- form_type: 8-K
- ticker: MVBF
- cik: 0001277902
- company_name: MVB FINANCIAL CORP
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1277902/000127790224000136/0001277902-24-000136-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1277902/000127790224000136/mvbf-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001277902-24-000136
- JSON: https://secwatch.observer/filing/0001277902-24-000136.json
- Plain text: https://secwatch.observer/filing/0001277902-24-000136.txt

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