Mvb Finl Corp SEC Filings

MVB Financial Corp President & CEO Larry F. Mazza reported mainly compensation-related share changes in MVB FINANCIAL CORP common stock. Several time- and performance-based restricted stock unit (RSU) awards vested and were converted into common shares, consistent with graded vesting schedules under the company’s 2013 and 2022 Stock Incentive Plans.

Mazza acquired 11,061 common shares as a grant or award and exercised RSU awards covering 17,514 shares that vested upon service and performance conditions being met. To cover tax obligations, 10,867 shares were withheld at $25.68 per share rather than sold on the open market. After these transactions, he holds 739,473 common shares directly, while 22,304 shares are held indirectly in an account owned by Melissa Mazza.

MVB Financial Corp’s Chief Risk and Legal Officer Joseph Ryan Rodriguez reported routine equity compensation activity. He received a grant of 3,978 restricted stock units (RSUs) that are time-vested under the 2022 Stock Incentive Plan with a three-year graded vesting schedule.

On the same date, 1,616 RSUs vested and were converted into common shares, including 42 dividend equivalent shares accrued since grant. To cover tax obligations, 469 common shares were disposed of through a tax-withholding transaction, not an open-market sale. After these transactions, he directly owns 9,835 common shares and 3,232 RSUs remain outstanding.

Sumbs Michael Robert reported acquisition or exercise transactions in this Form 4 filing.

MVB Financial Corp’s Chief Financial Officer Michael Robert Sumbs received a grant of 3,825 restricted stock units as equity compensation. The RSUs were awarded at no cash cost to him and each unit represents one share of common stock if and when it vests.

The award was granted under the company’s 2022 Stock Incentive Plan and follows a three-year graded vesting schedule, conditioned on his continued employment with the company. After this grant, his reported direct holdings of these time-vested RSUs total 3,825 units.

Logan Jonathan Thomas reported acquisition or exercise transactions in this Form 4 filing.

MVB Financial Corp Chief Accounting Officer Logan Jonathan Thomas received a grant of 1,234 restricted stock units (RSUs) linked to common stock. The RSUs were awarded at no cash cost as part of the company’s 2022 Stock Incentive Plan and will vest gradually over three years, assuming continued employment. Following this award, he holds 1,234 RSUs directly, with no open-market buying or selling reported in this filing.

MVB Financial Corp. furnished an investor presentation outlining its fintech-focused banking strategy and recent performance. The company reported $3.3B in total assets, $2.4B in total loans and $2.9B in total deposits, with payments volume of $48B over the trailing twelve months.

For Q1 2026, net income increased 44.9% from Q1 2025 and diluted EPS reached $0.39, up 44.4%. Noninterest income rose 17.1%, while tangible book value per share was $25.98, up 8.9% from Q1 2025. Noninterest-bearing deposits accounted for 34.9% of total deposits.

The presentation highlights strong capital, with the Bank leverage ratio at 10.1%, Bank Common Equity Tier 1 capital ratio at 12.6%, and a holding company tangible common equity to tangible assets ratio of 10.0%. Asset quality remained solid, with non-performing loans at 0.26% of total loans and an allowance for credit losses equal to 1.45% of total loans.

MVB Financial Corp. reported solid first quarter 2026 results, driven by lending growth, higher fee income and lower costs. Net income was $5.2 million, with basic earnings per share of $0.41 and diluted earnings per share of $0.39, up sharply from the prior year.

Loans grew 2.6% from the fourth quarter to $2.40 billion, and net interest income edged up to $28.5 million as net interest margin held at 3.71%. Total deposits reached $2.90 billion, while the loan‑to‑deposit ratio was a moderate 83.0% at March 31, 2026.

Noninterest income was $8.2 million versus $10.7 million in the prior quarter, mainly because the earlier period included a sizable securities gain. Core performance improved as noninterest expense fell 10.7% to $28.1 million, lowering the efficiency ratio to 76.7% and lifting pre‑tax, pre‑provision earnings to $8.5 million.

Credit metrics were mixed: nonperforming loans rose to $34.7 million, or 1.4% of loans, but net charge‑offs declined to $1.5 million, or 0.26% annualized. Capital remained solid, with a tangible common equity ratio of 10.0%. After quarter‑end, MVB recognized an expected second‑quarter pre‑tax gain of about $10.0 million on a Fintech investment, which is projected to add roughly $0.59 per share to tangible book value.

MVB Financial Corp., parent of MVB Bank, announced that its leadership will present at the Centri Capital Conference at Nasdaq in New York City on April 14, 2026. CEO and President Larry F. Mazza and CFO Michael Sumbs will join a fireside chat from 9:30 to 9:55 a.m., with Mazza also appearing on a panel from 4:45 to 5:30 p.m. A live webcast of the fireside chat and an archived audio replay will be accessible through MVB’s investor relations website, giving investors and other stakeholders an opportunity to hear management discuss the business alongside other capital markets participants.

MVB Financial Corp. reports a leadership change. Michael L. Giorgio has been appointed Chief Operating Officer of MVB Financial Corp. and its wholly owned bank, MVB Bank, Inc., effective April 1, 2026, in addition to his existing role as Chief Information Officer.

No changes were made to Mr. Giorgio’s employment agreement or compensation arrangements in connection with this appointment. The company notes that his biographical information appears in its 2026 definitive proxy statement and that he has no family relationships with directors or executive officers and no material related-party interests requiring disclosure.