NASDAQ$MVBF

Mvb Financial Corp · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported strong results and finished the year with record earnings.

MVB Financial Corp. reported a strong fourth quarter with a net income of $11.8 million, or $1.00 basic and $0.97 diluted earnings per share.

  • Noninterest-bearing deposits increased by 11.3% from the previous quarter and 157.0% year-over-year.
  • Allowance for loan losses to total loans was 1.8%.
  • Tangible Book Value per Share increased by 5.7% from the previous quarter and 29.8% year-over-year.
  • The company repurchased 668,390 shares totaling $13.1 million during the fourth quarter of 2020.

Headline financials

Total Revenue

$34.3M

Previous: $30.6M+11.9%
EPS (adj)

$0.97

Previous: $0.32+203.1%
Tier 1 Risk-Based Capital Ratio

14.6%

No prior period
Total Risk-Based Capital Ratio

15.8%

No prior period
Capital Expenditures

$2.4M

Previous: $908K+164.8%
Free Cash Flow

$18.5M

Previous: $56.8M-67.4%
Net Income

$11.8M

Previous: $4.1M+189.1%
Cash & Equivalents

$264M

Previous: $28M+842.4%
Total Assets

$2.33B

Previous: $1.94B+19.9%
Stock-Based Comp

$636K

Previous: $440K+44.5%

Revenue & EPS history

Mvb Financial · Revenue · Quarterly

$34.3M

Q4 2020+11.9%vs Q4 2019
Beat estimate in 10 of 12 quarters(83%)
ActualEstimate

Forward guidance

MVB is well positioned into 2021 with an extremely strong balance sheet, strong capital and liquidity positions.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+1.0%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+1.3%

Avg return

30 days after

47%

26 / 55 earnings

Positive

+21.4%

Q4 2015

Best reaction

-8.5%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.3%+0.7%+3.6%
Q4 2025-1.7%-0.9%-10.5%
Q3 2025+0.4%-0.9%+3.1%
Q1 2025+3.1%+3.8%+10.7%
Q4 2024+0.7%-2.6%-15.0%
Q3 2024-7.3%-7.8%+5.3%
Q2 2024-4.1%-15.5%-14.7%
Q1 2024-8.5%-5.7%-9.5%
Q4 2023+6.1%+4.0%-2.2%
Q3 2023-2.2%-2.1%+1.3%
Q2 2023+3.1%+0.3%-7.3%
Q1 2023+9.2%+1.8%+8.3%
Q4 2022+6.2%+6.4%-12.9%
Q3 2022-0.9%-1.3%-5.7%
Q2 2022-0.7%+4.2%-1.6%
Q1 2022-0.2%-1.3%-8.9%
Q4 2021+0.4%-0.2%+6.2%
Q3 2021-0.1%-1.6%-3.1%
Q2 2021+0.2%-2.2%-4.1%
Q1 2021+1.4%+1.9%+5.8%
Q4 2020+15.1%+34.3%+44.4%
Q3 2020+10.0%+10.0%+28.8%
Q2 2020+1.4%+1.1%+11.1%
Q1 2020+11.6%+5.5%+17.3%
Q4 2019+1.0%-3.3%-40.5%
Q3 2019-1.0%+0.1%+6.6%
Q2 2019+2.9%-0.7%+9.1%
Q1 2019-0.5%-1.3%-4.5%
Q4 2018-0.5%-0.9%-0.8%
Q3 2018+0.8%-2.0%+1.0%
Q2 2018-1.2%-0.2%+9.6%
Q1 2018+0.1%+1.2%+2.2%
Q4 2017+0.1%-0.7%-1.5%
Q3 2017+0.2%-1.6%+1.8%
Q2 2017+3.6%+3.7%+13.0%
Q1 2017-0.9%-0.9%-0.9%
Q4 2016+0.2%+0.8%-1.8%
Q3 2016+0.0%-0.5%-1.9%
Q2 2016+0.0%+0.0%+8.0%
Q1 2016-5.7%
Q4 2015+21.4%
Q3 2015+0.0%
Q2 2015-0.9%
Q1 2015+0.0%
Q4 2014-4.7%
Q3 2014+0.0%
Q2 2014+0.0%
Q1 2014+0.0%
Q4 2013-1.7%
Q3 2013-5.4%
Q2 2013+0.0%
Q1 2013+2.1%
Q4 2012+2.1%
Q3 2012-1.3%
Q2 2012+0.0%
Q1 2012
Q4 2011
Q3 2010
Q3 2011
Q4 2010
Q2 2010
Q1 2010
Q2 2011
Q1 2011

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