Mvb Financial Corp. (NASDAQ:MVBF – Get Free Report) declared a quarterly dividend on Tuesday, August 18th. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.17 per share on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Tuesday, September 1st.
Mvb Financial has increased its dividend by an average of 0.1%annually over the last three years. Mvb Financial has a dividend payout ratio of 34.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Mvb Financial to earn $2.52 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 27.0%.
Mvb Financial Stock Performance
MVBF opened at $30.43 on Friday. The firm has a fifty day moving average price of $29.63 and a 200 day moving average price of $27.50. Mvb Financial has a 1 year low of $23.58 and a 1 year high of $31.99. The stock has a market cap of $394.68 million, a P/E ratio of 10.28 and a beta of 0.80. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.92 and a quick ratio of 0.92.
Mvb Financial Company Profile
MVB Financial Corp is a bank holding company based in Fairmont, West Virginia, serving individuals and businesses through its subsidiary, MVB Bank, Inc The company operates under a “Local First Banking” philosophy, emphasizing personalized service across its branch network. Its core business activities include deposit-taking, commercial lending, residential mortgage origination, and wealth management services.
On the deposit side, MVB Bank offers a range of products such as checking and savings accounts, money market accounts, and certificates of deposit.
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