MVB Financial Corp. reports Q3 net income of $13.0 million
MVB Financial Corp. reported net earnings of $22.7 million for the nine months ended September 30, 2025, compared to $10.7 million for the same period in 2024. Total assets increased by $104.2 million during the period. The equity to assets ratio rose to 10.1% at September 30, 2025, up from 9.8% at December 31, 2024. Dividends paid to common shareholders totaled $6.5 million, with the dividend payout ratio decreasing to 28.8% from 61.7% a year earlier. Business developments for the quarter included a $4.4 million provision for credit losses, a $34.1 million pre-tax gain on the sale of Victor, and a $7.6 million loss on the sale of available-for-sale securities as part of a strategic repositioning.
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