MVB Financial Corp to be Acquired by Blue Ridge Bankshares
Ticker: MVBF · Form: 8-K · Filed: Aug 20, 2025 · CIK: 1277902
| Field | Detail |
|---|---|
| Company | Mvb Financial CORP (MVBF) |
| Form Type | 8-K |
| Filed Date | Aug 20, 2025 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00, $0.17 |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, merger, financials
TL;DR
MVB Financial is getting bought by Blue Ridge Bankshares, deal expected Q4 2025.
AI Summary
MVB Financial Corp. announced on August 20, 2025, that it has entered into a definitive agreement to be acquired by a subsidiary of Blue Ridge Bankshares, Inc. The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions, including regulatory approvals and shareholder approval from MVB Financial Corp. The combined entity will operate under the MVB Bank name.
Why It Matters
This acquisition will lead to the consolidation of two financial institutions, potentially impacting market competition and customer services in the regions where both companies operate.
Risk Assessment
Risk Level: medium — The acquisition is subject to regulatory and shareholder approvals, which introduces uncertainty regarding its completion.
Key Players & Entities
- MVB Financial Corp (company) — Registrant
- Blue Ridge Bankshares, Inc. (company) — Acquiring entity
- MVB Bank (company) — Future operating name
- August 20, 2025 (date) — Date of report and announcement
- Fourth quarter of 2025 (date) — Expected closing period
FAQ
What is the primary purpose of this Form 8-K filing?
This Form 8-K filing is to report the entry into a definitive agreement for the acquisition of MVB Financial Corp. by a subsidiary of Blue Ridge Bankshares, Inc.
Who is acquiring MVB Financial Corp.?
MVB Financial Corp. is being acquired by a subsidiary of Blue Ridge Bankshares, Inc.
When is the acquisition expected to close?
The transaction is expected to close in the fourth quarter of 2025.
What approvals are required for the acquisition to be completed?
The acquisition is subject to customary closing conditions, including regulatory approvals and shareholder approval from MVB Financial Corp.
Under what name will the combined entity operate?
The combined entity will operate under the MVB Bank name.
Filing Stats: 445 words · 2 min read · ~1 pages · Grade level 10.3 · Accepted 2025-08-20 16:38:57
Key Financial Figures
- $1.00 — ange on which registered Common stock, $1.00 par value MVBF The Nasdaq Stock Market
- $0.17 — f the declaration of a cash dividend of $0.17 per share to shareholders of record on
Filing Documents
- mvbf-20250820.htm (8-K) — 22KB
- q32025cashdividendpressrel.htm (EX-99.1) — 10KB
- mvbfa.jpg (GRAPHIC) — 7KB
- 0001277902-25-000172.txt ( ) — 161KB
- mvbf-20250820.xsd (EX-101.SCH) — 2KB
- mvbf-20250820_lab.xml (EX-101.LAB) — 21KB
- mvbf-20250820_pre.xml (EX-101.PRE) — 13KB
- mvbf-20250820_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On August 20, 2025, MVB Financial Corp. issued a press release announcing the approval by its Board of Directors of the declaration of a cash dividend of $0.17 per share to shareholders of record on September 1, 2025, payable September 15, 2025. This is the third quarterly dividend for 2025, maintaining the dividend declared in the previous quarter.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release of MVB Financial Corp. dated August 20, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. MVB Financial Corp. By: /s/ Michael R. Sumbs Michael R. Sumbs Executive Vice President and Chief Financial Officer Date: August 20, 2025