secwatch.observer — SEC 8-K summary
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Issuer:     MVB FINANCIAL CORP (MVBF)
CIK:        0001277902
Form:       8-K
Filed at:   2025-10-03T23:59:59+00:00
Accession:  0001277902-25-000182
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MVB Financial sells Victor Technologies to Jack Henry; expects ~$33M pre-tax gain
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- Definitive asset purchase agreement closed Sep 30, 2025: MVB sells Victor Technologies to Jack Henry (JKHY).
- Expected pre-tax gain of ~$33M; transaction expected to be accretive to MVB's EPS.
- Victor processed billions in monthly payments; founded by MVB in 2021 and incubated.
- MVB maintains ongoing partnership; plans to use net proceeds for share repurchases, securities repositioning.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1277902/000127790225000182/0001277902-25-000182-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1277902/000127790225000182/mvbf-20250930.htm
  HTML page:      https://secwatch.observer/filing/0001277902-25-000182

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer