IDEAS home Printed from https://ideas.repec.org/h/spr/mgmchp/978-3-031-50032-9_29.html
   My bibliography  Save this book chapter

Case 29 MVB Financial Corporation

In: Rising Stars

Author

Listed:
  • B. Rajesh Kumar

    (Institute of Management Technology)

Abstract

MVB Financial Corp is a financial holding company incorporated in the year 2003 and operates principally through its wholly owned subsidiary MVB Bank. The consolidated subsidiaries of the bank include MVB Insurance LLC and MVB Community Development Corporation. MVB Financial Corporation is involved in a range of commercial and retail (CoRe) banking services and Fintech banking. The products and services offered to customers under CoRe banking include different demand deposits, savings account, money market accounts, certificates of deposits, commercial, consumer and real estate mortgage loans, and lines of credit. Debit cards, cashier’s checks, and safe deposit rental facilities are also offered. The bank provides client services for payments, digital savings, cryptocurrency, crowdfunding, and gaming industries. The growth strategy of MVB focusses on strategic components such as building fintech, strategic acquisition, resource allocation, efficient capital structure, and introduction of new business lines. The 5-year holding period (2016–2021) return for MVB Financial Corp stock was 234% whereas for KBW Bank index and Russell 2000, the returns amounted to 44% and 65%, respectively.

Suggested Citation

  • B. Rajesh Kumar, 2024. "Case 29 MVB Financial Corporation," Management for Professionals, in: Rising Stars, pages 219-224, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-031-50032-9_29
    DOI: 10.1007/978-3-031-50032-9_29
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:mgmchp:978-3-031-50032-9_29. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.