Skip to main content

MVB Financial: Q1 Earnings Snapshot

FAIRMONT, W.Va. (AP) — FAIRMONT, W.Va. (AP) — MVB Financial Corp. (MVBF) on Wednesday reported first-quarter net income of $5.2 million.

The bank, based in Fairmont, West Virginia, said it had earnings of 39 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.

The company posted revenue of $53 million in the period. Its revenue net of interest expense was $36.7 million, which fell short of Street forecasts.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MVBF at https://www.zacks.com/ap/MVBF

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story