MVB Financial Corp. reports Q3 net income of $13.0 million

Reuters
2025.11.06 21:15
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MVB Financial Corp. reported a Q3 net income of $13.0 million, with total net earnings of $22.7 million for the nine months ending September 30, 2025, up from $10.7 million in 2024. Total assets increased by $104.2 million, and the equity to assets ratio rose to 10.1%. Dividends paid to common shareholders were $6.5 million, with a payout ratio decrease to 28.8%. The quarter included a $4.4 million provision for credit losses and a $34.1 million pre-tax gain on the sale of Victor.

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. 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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001277902-25-000197), on November 06, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here