secwatch.observer — SEC 8-K summary
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Issuer:     MVB FINANCIAL CORP (MVBF)
CIK:        0001277902
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001277902-25-000063
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MVB Financial Q1 net income $3.6M ($0.27 diluted EPS); NIM expands 20 bps to 3.66% FTE
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- Net interest margin (FTE) rose 20 bps QoQ to 3.66%; net interest income up 7.1% to $26.9M.
- Noninterest expense fell 14.6% QoQ to $28.7M on lower salaries and professional fees.
- Loans declined 1.8% to $2.06B; deposits fell 4.1% to $2.58B; NIB deposits were 40% of total.
- Nonperforming loans down 17.6% to $20.3M (1.0% of loans); net charge-offs $0.9M (0.2%).
- Tangible book value per share up 2.1% QoQ to $23.85; quarterly dividend $0.17/share unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1277902/000127790225000063/0001277902-25-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1277902/000127790225000063/mvbf-20250430.htm
  HTML page:      https://secwatch.observer/filing/0001277902-25-000063

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