MVB Financial posts Q3 net income of $17.1 million

Reuters
2025/10/30
MVB Financial posts Q3 net income of $17.1 million

MVB Financial Corp. reported net income of $17.1 million for the third quarter of 2025, with earnings of $1.36 per basic share and $1.32 per diluted share. Net interest income increased by 3.1% compared to the previous quarter, and loan growth was 4.9%. The company completed the sale of Victor Technologies, Inc. to Jack Henry & Associates, generating a pre-tax gain of $34.1 million. MVB Financial also completed a $10.0 million share repurchase program, buying back 473,584 shares at an average price of $21.15 per share. Book value per share increased 9.6% to $26.07, and tangible book value per share rose 9.7% to $25.98 as of September 30, 2025. The company expects the securities portfolio repositioning and expense efficiencies from the Victor sale to add $0.30 to $0.35 to annualized earnings per share. Capital strength improved and asset quality indicators remained stable.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MVB Financial Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251029689762) on October 29, 2025, and is solely responsible for the information contained therein.

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