MVB Financial (MVBF) Declares $0.17 Quarterly Dividend; 2.8% Yield

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MVB Financial Corp. Declares First Quarter 2023 Dividend

February 17, 2023 4:30 PM EST

FAIRMONT, W.Va.--(BUSINESS WIRE)-- MVB Financial Corp. (NASDAQ: MVBF) (MVB Financial, MVB or the Company) has declared a quarterly cash dividend of $0.17 per share, maintaining the dividend declared in the previous quarter for shareholders of record as of March 1, 2023, payable on March 15, 2023. This is the first quarterly dividend for 2023.

Fourth quarter results reflected notable progress on our MVB-F1: Success Loves Speed Strategic Plan and ongoing challenges with wet track conditions, said Larry F. Mazza, Chief Executive Officer, MVB Financial.

Our core earnings power improved, driven by net interest margin expansion and net... More