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MVB Financial Corp is currently in a long term uptrend where the price is trading 39.8% above its 200 day moving average.
From a valuation standpoint, the stock is 61.4% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 3.5.
MVB Financial Corp's total revenue sank by 31.7% to $20M since the same quarter in the previous year.
Its net income has increased by 189.1% to $12M since the same quarter in the previous year.
Finally, its free cash flow fell by 67.4% to $19M since the same quarter in the previous year.
Based on the above factors, MVB Financial Corp gets an overall score of 3/5.
| Exchange | NASDAQ |
|---|---|
| CurrencyCode | USD |
| ISIN | US5538101024 |
| Sector | Financial Services |
| Industry | Banks - Regional |
| Market Cap | 356M |
|---|---|
| PE Ratio | 11.41 |
| Target Price | 31.5 |
| Dividend Yield | 2.4% |
| Beta | 0.87 |
MVB Financial Corp. operates as bank holding company for MVB Bank, Inc that provides financial services to individuals and corporate clients. The company operates through three segments: CoRe Banking, Mortgage Banking, and Financial Holding Company. It offers various demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and commercial, consumer, and real estate mortgage loans, as well as lines of credit. The company also provides debit cards; cashier's checks; safe deposit rental facilities; and non-deposit investment services, as well as financial technology (Fintech) banking services. In addition, it offers fintech solutions for the gaming, payments, banking-as-a-service, and digital asset sectors; fraud prevention services for merchants, credit agencies, Fintech companies, and other vendors; and digital products and web and mobile applications for forward-thinking community banks, credit unions, digital banks, and Fintech companies. It operates full-service branches in West Virginia and Virginia. MVB Financial Corp. was founded in 1999 and is based in Fairmont, West Virginia.
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