MVBF MVB Financial
Filed: 20 Feb 20, 4:35pm
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
|Date of Report (Date of earliest event reported):||February 18, 2020|
|MVB Financial Corp.|
|(Exact name of registrant as specified in its charter)|
|(State or other jurisdiction of incorporation)||(Commission File Number)||(IRS Employer Identification No.)|
|301 Virginia Avenue, Fairmont, WV||26554-2777|
|(Address of principal executive offices)||(Zip Code)|
|(Registrant's telephone number, including area code)|
|(Former name or former address, if changed since last report)|
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|Securities registered pursuant to Section 12(b) of the Act:|
|Title of each class||Trading Symbol(s)||Name of each exchange on which registered|
|Common stock, $1.00 par value||MVBF||The Nasdaq Stock Market LLC|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01. Regulation FD Disclosure.
On February 18, 2020, the Board of Directors of MVB Financial Corp. (NASDAQ: MVBF) declared a cash dividend of $0.09 per share to shareholders of record on March 1, 2020, payable on March 15, 2020.
This is the first quarterly dividend for 2020 and includes a 29% increase in dividends, compared to the previous quarter dividend payout. With this increase, MVB's dividend is up 157% since first quarter 2019.
A copy of the press release is attached as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
|Press release of MVB Financial Corp. dated February 20, 2020|
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/ Larry F. Mazza|
|Larry F. Mazza|
President and Chief Executive Officer
Date: February 20, 2020
|Exhibit Number||Description||Exhibit Location|
|Press release of MVB Financial Corp. dated February 20, 2020||Filed herewith|
|XBRL Taxonomy Extension Schema Document||Filed herewith|
|XBRL Taxonomy Extension Calculation Document||Filed herewith|
|XBRL Taxonomy Extension Definition Linkbase Document||Filed herewith|
|XBRL Taxonomy Extension Label Linkbase Document||Filed herewith|
|XBRL Taxonomy Extension Presentation Linkbase Document||Filed herewith|