MVB Financial Corp. Announces Second Quarter 2026 Results
MVB Financial reported Q2 2026 net income of $12.3 million, or $0.93 diluted EPS, significantly outpacing the prior quarter and year-ago period due to margin expansion and a non-recurring investment gain. Operationally, the fully tax-equivalent net interest margin expanded 43 basis points to 4.16%, supported by a lower cost of funds, while loan and deposit balances grew 3.0% and 7.4% respectively.
Key figures
- Eps
- 0.93
- Core nim
- 3.87%
- Npl ratio
- 1.2%
- Total loans
- 2476393000
- Total deposits
- 3110000000
- Noninterest income
- 18796000
- Shares repurchased
- 48432
- Net interest income
- 32274000
- Net interest margin
- 4.16%
- Tangible book value
- 26.52
- Share repurchase amount
- 1200000
- Provision for credit losses
- 4677000
AI analysis
Red flags1 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.