FAIRMONT, W.Va.–(Small business WIRE)–Nov 18, 2020–
MVB Economical Corp. (NASDAQ: MVBF) (“MVB Financial” or “MVB”) has declared a quarterly cash dividend of $.09 per share payable on December 15, 2020, to shareholders of file at the shut of organization on December 1, 2020, maintaining the dividend declared in the past quarter.
This is the fourth quarterly dividend for 2020, totaling $.36 for every share payout for the calendar year.
“Our third quarter 2020 effects ended up extraordinary inspite of the difficult functioning dynamics that ongoing through the quarter. Group MVB remained intensely focused on executing steps to maximize achievements all through these unsure instances. In undertaking so, we saw notable, constant progress on a number of fronts, which include noninterest-bearing deposits, web earnings and tangible book price. We are pleased to maintain our recent dividend level for shareholders and, as usually, are dedicated to their success,” mentioned Larry F. Mazza, President and CEO, MVB Financial Corp.
About MVB Economic Corp.
MVB Money Corp. (“MVB Financial” or “MVB”), the holding corporation of MVB Lender, is publicly traded on The Nasdaq Funds Market® beneath the ticker “MVBF.” Nasdaq is a main global provider of investing, clearing, trade technological know-how, listing, facts and community enterprise products and services. By its subsidiary, MVB Lender, Inc., and the Bank’s subsidiaries, MVB Mortgage loan, MVB Neighborhood Progress Company, MVB Technologies, Chartwell Compliance and Paladin Fraud, the organization supplies economic products and services to men and women and corporate purchasers in the Mid-Atlantic location and beyond. For more facts about MVB, you should stop by ir.mvbbanking.com.
Forward-on the lookout Statements
MVB Financial Corp. (the “Company”) has created ahead-looking statements, within just the indicating of Segment 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Exchange Act of 1934, as amended, in this Push Launch. These forward-seeking statements are centered on latest expectations about the foreseeable future and topic to challenges and uncertainties. Forward-on the lookout statements include things like, without limitation, information and facts concerning possible or assumed long term results of functions of the Company and its subsidiaries. When words these types of as “may,” “plans,” “believes,” “expects,” “anticipates,” “continues,” “may” or comparable expressions come about in this Dividend Press Launch, the Corporation is building forward-searching statements. Note that a lot of factors could impact the long term economic final results of the Business and its subsidiaries, the two separately and collectively, and could result in all those effects to vary materially from these expressed in the forward-looking statements contained in this Dividend Press Launch. Extra factors that may well induce actual benefits to vary materially from people explained in the ahead-wanting statements can be identified in the Company’s Once-a-year Report on Sort 10-K for the year ended December 31, 2019, as well as its other filings with the SEC, which are accessible on the SEC site at www.sec.gov. Other than as needed by legislation, the Business undertakes no obligation to update or revise any ahead-looking statements.
VP, Company Communications and Advertising
(844) 682-2265Trader RELATIONS
Search phrase: WEST VIRGINIA UNITED STATES NORTH America
Sector Search phrase: BANKING Professional Solutions FINANCE
Resource: MVB Monetary Corp.
Copyright Enterprise Wire 2020.
PUB: 11/18/2020 04:35 PM/DISC: 11/18/2020 04:35 PM
Copyright Business enterprise Wire 2020.