MVB Financial Corp. with ticker code (MVBF) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 24 and 19 with a mean TP of 22.33. Given that the stocks previous close was at 21.57 this now indicates there is a potential upside of 3.5%. The 50 day MA is 19.76 and the 200 moving average now moves to 15.95. The company has a market cap of $242m. Company Website: http://www.mvbbanking.com
MVB Financial Corp., together with its subsidiaries, provides banking and mortgage products and services to individuals and corporate clients in the United States. The company operates through three segments: Commercial and Retail Banking; Mortgage Banking; and Financial Holding Company. It offers various demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and grants various types of loans, including commercial and commercial real estate loans, residential real estate loans, home equity lines of credit, real estate construction loans, and consumer loans. The company also provides debit cards; cashier’s checks; safe deposit rental facilities; and non-deposit investment services, as well as automated teller machines, and internet and telephone banking services. The company operates fifteen full-service banking branches; twelve mortgage offices in West Virginia; and three in Virginia. MVB Financial Corp. was founded in 1997 and is headquartered in Fairmont, West Virginia.