MVB Financial Corp. (“MVB Financial” or “MVB”), the holding company of MVB Bank, started trading on The Nasdaq Capital Market® under the symbol “MVBF” on December 7, 2017.
On March 28, 2018, MVB celebrated this major milestone in its growth journey by participating in The Nasdaq Closing Bell Ringing at The Nasdaq MarketSite Studio in Times Square. MVB is the first West Virginia company in 10 years, and the first West Virginia bank in 18 years, to be listed on The Nasdaq.
“We are excited to celebrate this historic moment with our shareholders, friends and families," said Larry F. Mazza, CEO and President, MVB Financial Corp. “This accomplishment is the result of more than a decade of dedication and teamwork. MVB’s move to Nasdaq has generated additional visibility and higher trading volume. As a next step in our growth journey, MVB intends to qualify for inclusion in the Russell 2000 Index as part of the Index’s next annual reconstitution, which occurs in June of 2018.”
After the formation of MVB Bank in 1999, MVB Financial Corp. formed in 2004 as a bank holding company and in 2012 elected to become a financial holding company. MVB Financial includes multiple subsidiaries and affiliated businesses, including MVB Bank, Inc., and MVB Mortgage. The MVB Bank footprint in West Virginia and Virginia now encompasses 14 total locations, as well as 18 MVB Mortgage locations in West Virginia; Virginia; Washington, D.C.; North Carolina; and South Carolina.