Rick Cordella
On June 4, 2025, the Board of Directors of MVB Financial Corp. (“MVB” or “MVB Financial”) (Nasdaq: MVBF) appointed Rick Cordella as a Member of the Board.
Highest-materiality recent filing
MVB Financial Q1 net income $5.2M ($0.39 EPS); loan growth 10.3% annualized; subsequent $10M gain
Net income $5.2M, diluted EPS $0.39; net interest income $28.5M, NIM 3.71%, cost of funds 2.17%.
Herrick resigned effective Feb 26, 2026, from MVB Financial and MVB Bank boards.
MVB Financial Q4 2025 net income $4.2M ($0.32 EPS); net interest income up 6.8%, loans grow 3.7%
Net income $4.2M, $0.32 diluted EPS; net interest margin expanded 17bps to 3.70%.
MVB Financial Declares $0.17 Quarterly Dividend for Q4 2025
Quarterly cash dividend of $0.17 per share declared by Board of Directors, payable Dec 15, 2025 to holders of record Dec 1, 2025.
MVB Financial Q3 net income $17.1M; Victor sale $34.1M gain; repositioning to add $0.30-$0.35 EPS
Net income $17.1M ($1.36 basic, $1.32 diluted EPS); gain on Victor sale $34.1M pre-tax.
MVB Financial authorizes $10M stock repurchase program starting November 2025
Board authorized up to $10M in common stock repurchases beginning November 2025.
MVB Financial sells $73M in low-yield securities, expects $0.30-$0.35 EPS lift
Sold ~$73M book value of AFS securities (municipal, MBS, agency) with 1.70% weighted-average yield, 9.6-year life.
MVB Financial sells Victor Technologies to Jack Henry; expects ~$33M pre-tax gain
Definitive asset purchase agreement closed Sep 30, 2025: MVB sells Victor Technologies to Jack Henry (JKHY).
MVB Financial Q2 net income $2.0M; EPS $0.16 misses expectations; loan growth 4.4%
Net income of $2.0M ($0.16 diluted EPS); CEO says earnings fell short due to loan growth timing.
President/CFO Donald T. Robinson departs mutually, effective July 14, 2025; will assist transition for up to one year.
On June 4, 2025, the Board of Directors of MVB Financial Corp. (“MVB” or “MVB Financial”) (Nasdaq: MVBF) appointed Rick Cordella as a Member of the Board.
Max materiality 0.80 · Median 0.50 · Most common event other_material