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

MVB Financial

03/05/2022 06:24

* MVB Financial Corp  MVBF.OQ  reported quarterly adjusted
earnings of 22 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 35 cents per share.
    * Revenue rose 12.5% to $33.72 million from a year ago; 
analysts
expected $36.37 million. 
    * MVB Financial Corp's reported EPS for the quarter was 22
cents​.
    * The mean earnings estimate of analysts had risen by
about 38.2%
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 fallen by 1.4% this
quarter and
lost 1.5% so far this year.
    * The company reported quarterly net income of $2.86
million.
    * Wall Street's median 12-month price target for MVB
Financial
Corp is $53.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 3 at 05:24 a.m.  ​All
figures in US dollars unless otherwise stated