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Latest Mvb Financial Corp (MVBF) Headlines MV

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Posted On: 03/10/2014 5:38:41 PM
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Latest Mvb Financial Corp (MVBF) Headlines



MVB Financial Corp. Board of Directors Elects Stephen R. Brooks Chairman and David B. Alvarez as Vice Chairman

PR Newswire - Fri Dec 20, 4:27PM CST

MVB Financial Corp. today announced the election of Stephen R. Brooks as Chairman of the Board of Directors, succeeding long-time and founding Chairman James R. "Dick" Martin, and the election of David B. Alvarez, as Vice Chairman, succeeding Mr. Brooks in that capacity. Also, two other directors, Louis Spatafore and Berniece D. Collis, announced their retirements from the board. These non-executive appointments were effective on December 19, 2013, while the director retirements were effective on various dates from December 17, 2013 through January 1, 2014.



MVB Financial Corp. Names Banking Executive Bret S. Price Senior Vice President and Chief Financial Officer

PR Newswire - Tue Nov 19, 7:00AM CST

MVB Financial Corp. (OTC Markets Group OTCQB: MVBF) today announced that banking executive Bret S. Price has joined the financial holding company as Senior Vice President and Chief Financial Officer (CFO). Price succeeds longtime CFO Eric Tichenor who will remain at MVB Bank as Senior Vice President of Bank Internal Operations, Chief Financial Officer and Treasurer to oversee the bank's growing internal operations.



MVB Financial Corp. Board of Directors Increases Semi-Annual Cash Dividend to $0.08 per Share

PR Newswire - Thu Nov 14, 11:56AM CST

The Board of Directors of MVB Financial Corp., (OTC Markets Group OTCQB: MVBF) has declared a semi-annual cash dividend of $0.08 per share to shareholders of record at the close of business on December 16, 2013, payable December 30, 2013. This dividend represents a 7% increase for shareholders compared to dividends paid in 2012.



MVB Financial Corp. Reports Positive Third Quarter 2013 Earnings

PR Newswire - Tue Nov 12, 4:28PM CST

MVB Financial Corp., (OTC Markets Group OTCQB: MVBF), and its subsidiary bank, MVB Bank, Inc., (MVB), today announced quarterly results for the period ending September 30, 2013. Net income for the nine month period in 2013 was $3.43 million, an increase of 26 percent compared to the same period of 2012.



MVB Bank to purchase CFG Community Bank

PR Newswire - Wed Oct 23, 4:17PM CDT

MVB Financial Corp., (OTC Markets Group OTCQB: MVBF), today announced it has reached an asset purchase agreement with the Maryland-based CFG Community Bank with offices in Lutherville (Towson), Fells Point (Inner Harbor area of Baltimore) and Annapolis. MVB Financial and its subsidiary, MVB Bank, Inc., will be purchasing certain assets and assuming certain liabilities of CFG Community Bank and its subsidiaries for approximately $30 million in cash and MVB Financial common shares.



MVB Financial Corp. Reports Significant Increases in Second Quarter and First Half 2013 Earnings

PR Newswire - Thu Jul 25, 1:30PM CDT

MVB Financial Corp., (OTC Markets Group OTCQB: MVBF), and its subsidiary bank, MVB Bank, Inc., (MVB), today announced quarterly results for the period ending June 30, 2013. Second quarter 2013 net income of $1.48 million increased by 82 percent compared to the second quarter of 2012. For the first six months of 2013, net income was $2.67 million, a 59.2 percent increase compared to the first half of 2012.



Former W.Va. First Lady Gayle C. Manchin Joins MVB Financial Corp. Board

PR Newswire - Mon Jul 22, 10:30AM CDT

The Board of Directors of MVB Financial Corp. (OTCQB: MVBF) today announced the appointment of former West Virginia First Lady Gayle C. Manchin as a Member of its Board of Directors.



MVB Bank Appoints West Virginia Market Presidents

PR Newswire - Fri Jun 28, 3:00PM CDT

-- Herman DeProspero Promoted to Market President-North



NiSource Executive Jimmy D. Staton Joins MVB Financial Corp. Board of Directors

PR Newswire - Mon Jun 24, 1:38PM CDT

The Board of Directors of MVB Financial Corp. (OTCQB: MVBF) today announced the appointment of NiSource executive Jimmy D. Staton as a director of its Board. Mr. Staton will serve as a Member on the Board's Human Resources & Compensation Committee of MVB Financial Corp, and also as a Member of the Board of Directors for its subsidiary, MVB Bank, Inc.



MVB Financial Corp. Board of Directors Declares Dividend of $0.07 per Share for Shareholders of Record, June 1, 2013

PR Newswire - Thu May 30, 5:29PM CDT

The Board of Directors of MVB Financial Corp., (OTC Markets Group OTCQB: MVBF) has declared a cash dividend of $0.07 per share to shareholders of record at the close of business on June 1, 2013, payable June 17, 2013.



MVB Bank's First Quarter 2013 Earnings Jump 38 Percent Delivering on 'Growth with Quality' Strategy

PR Newswire - Wed May 15, 1:57PM CDT

MVB Financial Corp., (OTC Markets Group OTCQB: MVBF), and its subsidiary bank, MVB Bank, Inc., (collectively MVB), today announced quarterly results for the period ending March 31, 2013. First quarter 2013 net income of $1.2 million increased by 38% compared to the first quarter of 2012. Results for the first quarter 2013 include the addition of Potomac Mortgage Group, Inc. (PMG) for its first full quarter as a part of MVB.



MVB Bank's Fourth Quarter 2012 Earnings Double on Organic Growth Results and Recent Acquisition

PR Newswire - Tue Mar 12, 9:00AM CDT

MVB Financial Corp., (OTC Markets Group OTCQB: MVBF), and its subsidiary bank, MVB Bank, Inc., today announced quarterly results for the period ending December 31, 2012. Fourth quarter 2012 net income of $1.44 million increased by 98% compared to fourth quarter of 2011 net income of $727,000. Results for the fourth quarter 2012 include the addition of Potomac Mortgage Group, Inc. (PMG) during the quarter, the acquisition which was immediately accretive to MVB's fourth quarter earnings.



MVB Bank Completes Acquisition of Potomac Mortgage Group

PR Newswire - Fri Dec 21, 7:30AM CST

MVB Financial Corp., (OTC Markets Group OTCQB: MVBF), today announced that it has closed its previously announced acquisition of northern Virginia residential mortgage company Potomac Mortgage Group, LLC (PMG). The purchase price was approximately $19 million in cash and MVB common shares.



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