MVB Financial Declares Steady Q3 Dividend on Strong Fintech Performance

FAIRMONT, W.Va. — Demonstrating continued financial stability, MVB Financial Corp. (NASDAQ: MVBF) announced on August 19, 2026, that its Board of Directors has declared a quarterly cash dividend. The $0.17 per share payout, consistent with the dividend issued in the prior quarter, is scheduled for distribution on September 15, 2026, to shareholders of record as of September 1. This declaration marks the company's third quarterly dividend for the 2026 fiscal year. The decision to maintain its dividend rate follows what the company characterizes as a robust second quarter. In a statement accompanying the announcement, Chief Executive Officer Larry F. Mazza cited "continued progress and momentum across both our core banking franchise and our Fintech banking platform" as the foundation for the capital return. He highlighted solid loan and deposit growth, improved net interest income, and encouraging fee income from the payments business as key drivers of the period's performance. "These results demonstrate our diversified business model's strength and our team's disciplined execution of our strategy," Mazza stated. MVB Financial has strategically positioned itself at the intersection of traditional banking and technological innovation. The company operates a dual-pronged model, providing established retail and commercial banking services in its core markets while simultaneously offering a comprehensive platform for Fintech partners. Its specialized services include payments processing, card issuance, and embedded finance solutions, particularly for the online gaming sector. This hybrid approach leverages regulatory expertise and AI-driven operations to help technology clients accelerate their time-to-market while navigating complex financial regulations. As is standard in corporate communications, the press release contained forward-looking statements, cautioning investors that future results are subject to risks and uncertainties. These factors include market and economic conditions, changes in interest rates, competitive pressures, and the successful execution of its business plans, particularly concerning its Fintech investments. The company directs stakeholders to its SEC filings for a more detailed discussion of potential risks. The declaration of this dividend underscores MVB's current confidence in its operational trajectory and its commitment to delivering shareholder value amidst its ongoing expansion in the evolving financial landscape.