MVB Financial Corp. Declares Second Quarter 2022 Dividend
18 Maggio 2022 - 10:30PM
Business Wire
MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or
the “Company”) has declared a quarterly cash dividend of $0.17 per
share, maintaining the dividend declared in the previous quarter
for shareholders of record as of June 1, 2022, payable on June 15,
2022. This is the second quarterly dividend for 2022.
"MVB’s first quarter results reflected the investments we’ve
made to transform our business model and demonstrate our ability
and readiness to adapt to changing market conditions and
opportunities. With MVB’s strong capital position and earnings
profile, we are pleased to continue to create value for
shareholders," said Larry F. Mazza, CEO, MVB Financial.
About MVB Financial Corp.
MVB Financial Corp., the holding company of MVB Bank, Inc. (“MVB
Bank”), is publicly traded on The Nasdaq Capital Market® under the
ticker “MVBF.” Nasdaq is a leading global provider of trading,
clearing, exchange technology, listing, information and public
company services. Through its subsidiary, MVB Bank, and MVB Bank's
subsidiaries, the Company provides financial services to
individuals and corporate clients, including Fintech clients
throughout the United States. For more information about MVB,
please visit http://ir.mvbbanking.com.
Forward-Looking Statements
MVB has made forward-looking statements, within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, in this
press release that are intended to be covered by the protections
provided under the Private Securities Litigation Reform Act of
1995. These forward-looking statements are based on current
expectations about the future and subject to risks and
uncertainties. Forward-looking statements include, without
limitation, information concerning possible or assumed future
results of operations of the Company and its subsidiaries.
Forward-looking statements can be identified by the use of words
such as “may,” “could,” “should,” “would,” “will,” “plans,”
“believes,” “estimates,” “expects,” “anticipates,” “intends,”
“continues,” or the negative of those terms or similar expressions.
Note that many factors could affect the future financial results of
the Company and its subsidiaries, both individually and
collectively, and could cause those results to differ materially
from those expressed in forward-looking statements. Therefore,
undue reliance should not be placed upon any forward-looking
statements. Those factors include but are not limited to: market,
economic, operational, liquidity, and credit risk; changes in
market interest rates; inability to achieve anticipated synergies
and successfully integrate recent mergers and acquisitions;
inability to successfully execute business plans, including
strategies related to investments in financial technology
companies; competition; length and severity of the COVID-19
pandemic and its impact on the Company’s business and financial
condition; changes in economic, business, and political conditions;
changes in demand for loan products and deposit flow; operational
risks and risk management failures; and government regulation and
supervision. Additional factors that may cause actual results to
differ materially from those described in the forward-looking
statements can be found in the Company’s Annual Report on Form 10-K
for the year ended December 31, 2021, as well as its other filings
with the SEC, which are available on the SEC’s website at
www.sec.gov. Except as required by law, the Company disclaims any
obligation to update, revise, or correct any forward-looking
statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20220518006038/en/
MEDIA CONTACT Amy Baker VP, Corporate Communications and
Marketing MVB Bank abaker@mvbbanking.com (844) 682-2265
INVESTOR RELATIONS Marcie Lipscomb
mlipscomb@mvbbanking.com (844) 682-2265
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