secwatch.observer — SEC 8-K summary
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Issuer:     MVB FINANCIAL CORP (MVBF)
CIK:        0001277902
Form:       8-K
Filed at:   2025-07-28T23:59:59+00:00
Accession:  0001277902-25-000161
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MVB Financial Q2 net income $2.0M; EPS $0.16 misses expectations; loan growth 4.4%
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- Net income of $2.0M ($0.16 diluted EPS); CEO says earnings fell short due to loan growth timing.
- Loan balances up 4.4% QoQ to $2.15B; deposit growth 8.5% to $2.80B.
- Net interest margin (tax-equivalent) 3.69%, up 3bps QoQ; provision for credit losses $2.0M (up from $0.2M prior quarter).
- Repurchased 314,580 shares for $6.4M under new $10M buyback authorization.
- Criticized loans declined 16.6% to $112.9M; net charge-offs $0.2M (0.04% annualized).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1277902/000127790225000161/0001277902-25-000161-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1277902/000127790225000161/mvbf-20250728.htm
  HTML page:      https://secwatch.observer/filing/0001277902-25-000161

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