MVB Financial Corp. Reports Strong Fourth Quarter 2020 Results and Finishes 2020 with Record Earnings

MVB Financial reported a net income of $11.8 million for Q4 2020, equating to $1.00 basic and $0.97 diluted earnings per share.

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MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or the “Company”) today reported net income of $11.8 million, or $1.00 basic and $0.97 diluted earnings per share, for the three months ended December 31, 2020. For the year ended December 31, 2020, the Company reported net income of $37.4 million, or $3.13 basic and $3.06 diluted earnings per share.

		Quarterly												Full Year
		2020				2020				2019				2020				2019
		Fourth Quarter				Third Quarter				Fourth Quarter
Net income		$	11,838			$	6,491			$	4,095			$	37,411			$	26,991
Earnings per share - basic		$	1.00