MVB Financial: Rises as unit to sell four banking centers

Summit Financial

23/04/2021 16:46

** Financial holding co's  MVBF.O  shares rise 1.1% to
$37.91
    ** A unit of MVBF will sell its Southern West Virginia
community banking operations to a subsidiary of Summit Financial
Group Inc  SMMF.O  to focus on its core commercial markets 
    ** Summit will also acquire MVBF's drive-up banking
locations in Barboursville and Huntington
    ** MVBF shares have gained nearly ~68% YTD

 (Reporting by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com;
twitter.com/Arundhati_05; +1 646 223 8780 Ext: 2776))