---
schema_version: "secwatch.filing_event.v1"
accession: "0001277902-25-000024"
form_type: "8-K"
ticker: "MVBF"
cik: "0001277902"
company_name: "MVB FINANCIAL CORP"
filed_at: "2025-02-13T23:59:59+00:00"
generated_at: "2026-05-26T22:06:34.354064+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MVB Financial Q4 2024 net income $9.4M, driven by $11.8M sale-leaseback gain

## Summary
- Net income $9.4M ($0.72 diluted EPS), up $7.4M from Q3; revenue boosted by $11.8M gain on sale-leaseback.
- Noninterest income surged 219.7% QoQ to $21.3M; noninterest expense up 14% to $33.6M on higher personnel/legal costs.
- Loans fell 3.3% QoQ to $2.10B; deposits dropped 10.3% to $2.69B; NIM narrowed 15bp to 3.46% (FTE).
- Nonperforming loans $24.6M (1.2% of loans) vs $8.3M (0.4%) a year ago; provision for credit losses $0.3M.
- Capital ratios improved; CBLR 11.2%, Tier1 RBC 15.1%; dividend held at $0.17/share. Named Jeffrey Weidley as Chief Deposit Officer and Joe Rodriguez as Chief Risk Officer.

## SEC filing metadata
- accession: 0001277902-25-000024
- form_type: 8-K
- ticker: MVBF
- cik: 0001277902
- company_name: MVB FINANCIAL CORP
- filed_at: 2025-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1277902/000127790225000024/0001277902-25-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1277902/000127790225000024/mvbf-20250213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001277902-25-000024
- JSON: https://secwatch.observer/filing/0001277902-25-000024.json
- Plain text: https://secwatch.observer/filing/0001277902-25-000024.txt

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