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

MVB Financial

03/05/2021 15:20

* MVB Financial Corp  MVBF.OQ  reported quarterly adjusted
earnings of 66 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 73 cents per share.
* Revenue rose 10.9% to $29.96 million from a year ago​; 
analysts expected $30.78 million.
* MVB Financial Corp's reported EPS for the quarter was 66
cents​.
* The mean earnings estimate of analysts had risen by
about 140.7% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* MVB Financial Corp shares had risen by 19.2% this quarter and
gained 77.6% so far this year.
* The company reported quarterly net income of $8.05 million.
* Wall Street's median 12-month price target for MVB Financial
Corp is $36.00 
* 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 May 3 at 02:19 p.m. GMT. ​All
figures in US Dollars.​