MVB Financial Corp. found using ticker (MVBF) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 24 and 19 calculating the mean target price we have 22.33. Now with the previous closing price of 21.57 this now indicates there is a potential upside of 3.5%. The day 50 moving average is 19.76 and the 200 moving average now moves to 15.95. The company has a market capitalisation of $242m. Company Website: http://www.mvbbanking.com
The potential market cap would be $251m based on the market concensus.
MVB Financial Corp., together with its subsidiaries, provides banking and mortgage products and services to individuals and corporate clients in the United States. The company operates through three segments: Commercial and Retail Banking; Mortgage Banking; and Financial Holding Company. It offers various demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and grants various types of loans, including commercial and commercial real estate loans, residential real estate loans, home equity lines of credit, real estate construction loans, and consumer loans. The company also provides debit cards; cashier’s checks; safe deposit rental facilities; and non-deposit investment services, as well as automated teller machines, and internet and telephone banking services. The company operates fifteen full-service banking branches; twelve mortgage offices in West Virginia; and three in Virginia. MVB Financial Corp. was founded in 1997 and is headquartered in Fairmont, West Virginia.
