Mvb Financial (OTCMKTS:MVBF) Issues Earnings Results
Mvb Financial (OTCMKTS:MVBF) issued its earnings results on Monday. The financial services provider reported $1.15 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.87, Fidelity Earnings reports. The company had revenue of $40.92 million for the quarter.
MVBF traded up $0.14 during midday trading on Tuesday, reaching $17.41. 1,179 shares of the company were exchanged, compared to its average volume of 9,159. Mvb Financial has a one year low of $14.31 and a one year high of $19.90. The company’s 50-day simple moving average is $16.76.
Separately, Sandler O’Neill started coverage on Mvb Financial in a report on Friday, April 12th. They set a “hold” rating and a $18.50 target price on the stock.
About Mvb Financial
MVB Financial Corp. (MVB) is a financial holding company. Through its subsidiaries, MVB Bank, Inc (the Bank), MVB Mortgage and MVB Insurance, LLC, the Company provides community banking, mortgage banking, insurance and wealth management services to individuals and corporate clients in the Mid-Atlantic region.
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