TimesSquare Capital Management Discloses 550,735 MVBF Shares

TL;DR

**TimesSquare Capital Management just revealed a big stake in MVB Financial, signaling institutional confidence.**

AI Summary

TimesSquare Capital Management, LLC, a Delaware-based investment firm, reported owning 550,735 shares of MVB Financial Corp. (MVBF) common stock as of December 31, 2023. This represents a significant stake in the regional bank, indicating their confidence in MVB Financial's future prospects. For investors, this matters because a large institutional holding can signal a vote of confidence and potentially attract other investors, influencing stock price stability and growth.

Why It Matters

This filing shows a major institutional investor, TimesSquare Capital Management, has a substantial stake in MVB Financial, which can be seen as a positive signal for the company's valuation and future performance.

Risk Assessment

Risk Level: low — This filing indicates an institutional investment, which generally adds stability and positive sentiment to a stock, rather than introducing new risks.

Analyst Insight

A smart investor would view this as a positive signal, potentially researching MVB Financial Corp. further to understand why a sophisticated institutional investor like TimesSquare Capital Management has taken a significant position.

Key Numbers

• 550,735 — Shares Beneficially Owned (Represents the total number of MVB Financial Corp. shares held by TimesSquare Capital Management, LLC.)
• December 31, 2023 — Reporting Date (The date as of which the ownership stake was calculated, providing a snapshot of the investment.)
• 553810102 — CUSIP Number (Unique identifier for MVB Financial Corp.'s common stock, ensuring accurate identification of the security.)

Key Players & Entities

• TimesSquare Capital Management, LLC (company) — the reporting person and institutional investor
• MVB Financial Corp. (company) — the issuer of the securities
• Delaware (company) — place of organization for TimesSquare Capital Management, LLC
• 550,735 (dollar_amount) — number of shares beneficially owned
• December 31, 2023 (person) — date of event requiring the filing

Forward-Looking Statements

• MVB Financial Corp. stock may experience increased investor interest due to this institutional holding. (MVB Financial Corp.) — medium confidence, target: Q1 2024
• TimesSquare Capital Management, LLC will maintain or increase its stake in MVB Financial Corp. in the near term. (TimesSquare Capital Management, LLC) — medium confidence, target: Q2 2024

FAQ

Key Financial Figures

• $1.00 — orp. (Name of Issuer) Common Stock, $1.00 par value (Title of Class of Securiti

Filing Documents

• d744341dsc13g.htm (SC 13G) — 34KB
• 0001193125-24-022210.txt ( ) — 35KB

From the Filing

SC 13G 1 d744341dsc13g.htm SC 13G SC 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of l934 (Amendment No.) 1 MVB Financial Corp. (Name of Issuer) Common Stock, $1.00 par value (Title of Class of Securities) 553810102 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed. Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) 1 The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 553810102 1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) TimesSquare Capital Management, LLC 20-1665304 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3) SEC Use Only 4) Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned By Each Reporting Person With (5) Sole Voting Power 550,735 (6) Shared Voting Power 0 (7) Sole Dispositive Power 550,735 (8) Shared Dispositive Power 0 9) Aggregate Amount Beneficially Owned by Each Reporting Person 550,735 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11) Percent of Class Represented by Amount in Row 9 4.32% 12) Type of Reporting Person (See Instructions) IA Iteml(a) Name of Issuer: MVB Financial Corp. Iteml(b) Address of Issuers Principal Executive Offices: 301 Virginia Avenue Fairmont, West Virginia 26554 Item2(a) Name of Persons Filing: TimesSquare Capital Management, LLC (TimesSquare) Item2(b) Address of Principal Business Office or, if none, Residence: TimesSquare: 75 Rockefeller Plaza, 30 th Floor New York, NY 10019 Item2(c) Citizenship: TimesSquare is a Delaware limited liability company. Item2(d) Title of Class of Securities: Common Stock, $1.00 par value Item2(e) CUSIP Number: 553810102 Item3 This statement is filed by TimesSquare pursuant to 240.l3d-l(b), or 240.13d-2(b) or (c), on the basis that TimesSquare is an investment adviser in accordance with 240.13d-1(b)(1)(ii)(E). Item4 (a) Amount Beneficially Owned: 550,735 (b) Percent of Class: 4.32% Percent of class is based on 12,736,623 shares of Common Stock outstanding as of December 31, 2023 as reported to us by ICE Data Corporation. (c) Number of shares as to which the person has: (i) sole power to vote or to direct the vote 550,735* (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 550,735* (iv) shared power to dispose or to direct the disposition of 0 * All of the shares reported on in this statement are owned by investment advisory clients of TimesSquare. In its role as investment adviser, TimesSquare has voting and dispositive power with respect to these shares. Item5 If this Item6 Percent on Behalf of Another Person. The shares of Common Stock reported on in this statement are owned by investment advisory clients of TimesSquare, and such clients have the right to receive dividends from and proceeds from the sale of such shares. To TimesSquares knowledge, the interest of no one of these clients relates to more than 5% of the class. Not applicable Item7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. Not applicable. Item8 Identification and Classification of Members of the Group. Not applicable. Item 9 Notice of Dissolution of Group. Not applicable. Iteml0 Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 2, 2024 TIMESSQUARE CAPITAL MANAGEMENT, LLC Signature: /s/ Preeti Kohli Name/Title: Preeti Kohli Chief Compliance Officer

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