MVB Financial Corp reports results for the quarter ended in June - Earnings Summary

MVB Financial

29/07/2021 22:52

* MVB Financial Corp  MVBF.OQ  reported quarterly adjusted
earnings of 73 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 60 cents per share.
* Revenue fell 48.9% to $32.70 million from a year ago; 
analysts expected $30.95 million. 
* MVB Financial Corp's reported EPS for the quarter was 73
cents​.
* The mean earnings estimate of analysts had fallen by
about 8.6% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* MVB Financial Corp shares had fallen by 3.0% this quarter and
gained 82.5% so far this year.
* The company reported quarterly net income of $9.25 million.
* Wall Street's median 12-month price target for MVB Financial
Corp is $45.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 29 at 09:52 p.m.  ​All
figures in US dollars unless otherwise stated