earnings
confidence high
sentiment positive
materiality 0.75
MVB Financial Q2 2026 net income $12.3M, EPS $0.93; loan growth 3% QoQ
MVB FINANCIAL CORP
- Net income of $12.3M ($0.93 diluted EPS) vs Q1 2026; includes $10M pre-tax gain on Fintech investment.
- Loans up 3.0% QoQ to $2.48B; deposits up 7.4% to $3.11B; noninterest-bearing deposits grew 5.7%.
- FTE net interest margin expanded 43 bps to 4.16%; core FTE NIM up 14 bps to 3.87%.
- Nonperforming loans fell to 1.2% of total loans from 1.4% after resolution of largest NPL.
- Company repurchased 48,432 shares at avg $25.56; tangible book value per share $26.52.