---
schema_version: "secwatch.filing_event.v1"
accession: "0001277902-25-000003"
form_type: "8-K"
ticker: "MVBF"
cik: "0001277902"
company_name: "MVB FINANCIAL CORP"
filed_at: "2025-01-02T23:59:59+00:00"
generated_at: "2026-05-28T17:51:23.755524+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MVB Bank sells four retail branches for $17.6M in sale-leaseback; expects $11.8M gain

## Summary
- Aggregate purchase price of four properties is $17.6 million; pre-tax gain of approximately $11.8 million.
- Bank enters 15-year triple-net lease with $1.5M annual base rent, escalating 2% per year.
- MVB Financial Corp. guarantees the lease; no branches close and no markets exited.
- Depreciation offset and investment of proceeds expected to partially offset first-year rent expense of ~$1.5M.

## SEC filing metadata
- accession: 0001277902-25-000003
- form_type: 8-K
- ticker: MVBF
- cik: 0001277902
- company_name: MVB FINANCIAL CORP
- filed_at: 2025-01-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1277902/000127790225000003/0001277902-25-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1277902/000127790225000003/mvbf-20241230.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001277902-25-000003
- JSON: https://secwatch.observer/filing/0001277902-25-000003.json
- Plain text: https://secwatch.observer/filing/0001277902-25-000003.txt

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