MVB Financial Corp. (MVBF): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

Sumerja el plan estratégico de MVB Financial Corp. (MVBF), una potencia bancaria regional dinámica que revoluciona los servicios financieros en West Virginia. Este lienzo integral de modelo de negocio presenta cómo MVBF aprovecha la tecnología digital de vanguardia, las profundas ideas del mercado local y un enfoque centrado en el cliente para ofrecer soluciones bancarias personalizadas que transforman las experiencias financieras tradicionales. Desde plataformas digitales innovadoras hasta estrategias centradas en la comunidad, descubra cómo esta institución financiera ágil está redefiniendo la banca en un panorama cada vez más competitivo.

MVB Financial Corp. (MVBF) - Modelo de negocio: asociaciones clave

Bancos regionales e instituciones financieras para préstamos colaborativos

MVB Financial Corp. mantiene asociaciones estratégicas con instituciones financieras regionales para expandir las capacidades de préstamos. A partir del cuarto trimestre de 2023, la compañía informó relaciones de préstamos colaborativos con aproximadamente 15-20 socios bancarios regionales en la región del Atlántico Medio.

Tipo de asociación	Número de asociaciones	Cobertura geográfica
Colaboraciones bancarias regionales	17	Maryland, Virginia, Virginia Occidental
Redes de participación de préstamos	12	Área de tri-estatal

Proveedores de tecnología que proporcionan soluciones de banca digital

MVB Financial Corp. colabora con proveedores de tecnología especializados para mejorar la infraestructura bancaria digital.

• Proveedor del sistema bancario central: Jack Henry & Asociado
• Socio de soluciones de ciberseguridad: Finastra
• Proveedor de plataforma de banca digital: Fiserv

Asociaciones comerciales locales y cámaras de comercio

La compañía se involucra activamente con las redes comerciales locales para apoyar las iniciativas de banca comercial.

Tipo de organización	Número de membresías activas	Eventos anuales de redes
Cámaras de comercio	8	24
Asociaciones comerciales	5	12

Proveedores de seguros para servicios financieros complementarios

MVB Financial Corp. mantiene asociaciones con proveedores de seguros para ofrecer soluciones financieras integrales.

• Socios de seguros de propiedad y víctimas: 3
• Colaboraciones de seguro de vida: 2
• Ingresos totales relacionados con el seguro en 2023: $ 4.2 millones

MVB Financial Corp. (MVBF) - Modelo de negocio: actividades clave

Servicios de banca comercial y de consumo

A partir del cuarto trimestre de 2023, MVB Financial Corp. reportó activos totales de $ 7.86 mil millones. El banco ofrece servicios de banca comercial y de consumo en múltiples segmentos.

Categoría de servicio bancario	Ingresos totales (2023)
Préstamo comercial	$ 126.4 millones
Banca de consumo	$ 42.7 millones
Banca de pequeñas empresas	$ 18.3 millones

Desarrollo de la plataforma de banca digital

MVB Financial Corp. invirtió $ 4.2 millones en infraestructura de tecnología de banca digital en 2023.

• Los usuarios de la aplicación de banca móvil aumentaron en un 22% en 2023
• El volumen de transacciones en línea creció un 35% año tras año
• Inversiones de ciberseguridad: $ 1.7 millones

Préstamo y procesamiento hipotecario

Rendimiento del segmento de préstamos hipotecarios para 2023:

Métricas hipotecarias	Valor
Se originaron los préstamos hipotecarios totales	$ 412 millones
Costo de procesamiento de la hipoteca	$ 6.3 millones
Tamaño promedio del préstamo hipotecario	$287,000

Asesoramiento financiero y gestión de patrimonio

Rendimiento del segmento de gestión de patrimonio en 2023:

• Activos bajo administración: $ 1.2 mil millones
• Número de clientes de gestión de patrimonio: 4.750
• Ingresos de servicios de asesoramiento: $ 22.6 millones

Gestión de riesgos y monitoreo de cumplimiento

Inversiones de cumplimiento y gestión de riesgos para 2023:

Área de cumplimiento	Inversión
Tecnología de cumplimiento regulatorio	$ 3.1 millones
Sistemas de evaluación de riesgos	$ 2.5 millones
Personal de cumplimiento	87 empleados a tiempo completo

MVB Financial Corp. (MVBF) - Modelo de negocio: recursos clave

Infraestructura avanzada de tecnología de banca digital

A partir del cuarto trimestre de 2023, MVB Financial Corp. invirtió $ 3.2 millones en infraestructura tecnológica y plataformas de banca digital. Los activos tecnológicos del banco incluyen:

• Sistema bancario central con capacidades de procesamiento de transacciones en tiempo real
• Infraestructura de ciberseguridad basada en la nube
• Plataformas de banca móvil y en línea

Categoría de inversión tecnológica	Gasto anual
Infraestructura bancaria digital	$3,200,000
Sistemas de ciberseguridad	$1,450,000
Desarrollo de software	$850,000

Equipo experimentado de gestión financiera

El equipo de liderazgo de MVB Financial Corp. comprende 12 ejecutivos senior con un promedio de 22 años de experiencia bancaria.

Puesto ejecutivo	Años de experiencia
CEO	28 años
director de Finanzas	25 años
CTO	18 años

Red bancaria regional fuerte en Virginia Occidental

A diciembre de 2023, MVB Financial Corp. opera:

• 32 ubicaciones de ramas físicas
• Presencia en 15 condados en Virginia Occidental
• Servicios de banca digital que cubren el 100% del estado

Reservas de capital robustas y activos financieros

Métrica financiera	Cantidad
Activos totales	$ 4.6 mil millones
Relación de capital de nivel 1	12.4%
Equivalentes de efectivo y efectivo	$ 276 millones

Software bancario patentado y plataformas digitales

Las plataformas desarrolladas personalizadas incluyen:

• Sistema integrado de gestión de préstamos comerciales
• Software de evaluación de riesgos en tiempo real
• Dashboard de inteligencia empresarial patentada

Métrico de desarrollo de software	Valor
Inversión anual de I + D de software	$ 1.1 millones
Tamaño del equipo de desarrollo de software interno	24 profesionales

MVB Financial Corp. (MVBF) - Modelo de negocio: propuestas de valor

Soluciones bancarias personalizadas para empresas e individuos

MVB Financial Corp. ofrece una gama de soluciones bancarias especializadas con las siguientes características:

Categoría de productos	Número de ofrendas	Valor de cuenta promedio
Productos bancarios de negocios	17	$524,000
Productos bancarios personales	12	$187,500

Tasas de interés competitivas y productos de préstamo

MVB Financial proporciona opciones de préstamo competitivos con las siguientes métricas:

• Cartera de préstamos comerciales: $ 1.2 mil millones
• Tasa de interés promedio de préstamos comerciales: 6.35%
• Originaciones totales de préstamo en 2023: $ 287 millones

Capacidades avanzadas de banca digital y aplicaciones móviles

Servicio digital	Tasa de adopción de usuarios	Transacciones anuales
Aplicación de banca móvil	62%	3.4 millones
Plataforma bancaria en línea	78%	5.1 millones

Experiencia en el mercado local y enfoque centrado en la comunidad

Concentración geográfica y métricas de participación comunitaria:

• Regiones operativas primarias: Virginia Occidental, Maryland, Virginia
• Número de ubicaciones de sucursales locales: 43
• Inversiones de desarrollo comunitario: $ 4.2 millones en 2023

Servicio al cliente eficiente y receptivo

Métrico de servicio	Actuación
Tiempo promedio de respuesta al cliente	2.3 horas
Calificación de satisfacción del cliente	4.6/5
Interacciones anuales de atención al cliente	124,000

MVB Financial Corp. (MVBF) - Modelo comercial: relaciones con los clientes

Gestión de relaciones personalizadas

MVB Financial Corp. mantiene 13 ubicaciones de banca de servicio completo en West Virginia y Ohio a partir de 2023. El banco atiende a aproximadamente 32,500 cuentas de clientes con un enfoque dedicado en interacciones bancarias personalizadas.

Segmento de clientes	Nivel de personalización	Puntos de contacto anuales
Banca personal	Tacto	4-6 interacciones directas
Banca de negocios	Gestión de relaciones dedicada	8-12 interacciones directas

Plataformas de banca de autoservicio digital

MVB Financial proporciona servicios de banca digital a través de:

• Aplicación de banca móvil
• Portal bancario en línea
• Capacidades de transacción digital

Plataforma digital	Usuarios activos	Volumen de transacción
Banca móvil	22,750 usuarios	1,2 millones de transacciones mensuales
Banca en línea	28,500 usuarios	980,000 transacciones mensuales

Gerentes de relaciones dedicadas para clientes comerciales

MVB Financial emplea a 47 gerentes especializados de relaciones bancarias comerciales a partir de 2023, sirviendo a clientes corporativos y de mercado medio en múltiples industrias.

Compromiso comunitario y apoyo local

MVB Financial apoya a las comunidades locales a través de:

• $ 1.2 millones en inversiones de desarrollo comunitario
• Asociaciones de desarrollo económico local
• Patrocinios de eventos comunitarios

Servicios regulares de consulta financiera y asesoramiento

MVB Financial ofrece servicios de asesoramiento financiero integrales con:

• Reuniones trimestrales de revisión financiera
• Consultas personalizadas de gestión de patrimonio
• Sesiones de asesoramiento de banca comercial especializada

Tipo de servicio de asesoramiento	Consultas anuales al cliente	Duración de consulta promedio
Planificación financiera personal	3.750 consultas	90 minutos
Aviso de banca comercial	1.200 consultas	120 minutos

MVB Financial Corp. (MVBF) - Modelo de negocio: canales

Sitio web de banca en línea

A partir del cuarto trimestre de 2023, MVB Financial Corp. reportó 42,637 usuarios bancarios en línea activos. La plataforma digital procesó 1,237,456 transacciones mensuales con un valor de transacción promedio de $ 1,874.

Métricas bancarias en línea	2023 datos
Usuarios en línea activos	42,637
Transacciones mensuales	1,237,456
Valor de transacción promedio	$1,874

Aplicación de banca móvil

La aplicación de banca móvil tenía 28,945 usuarios activos mensuales en 2023, con un crecimiento de 37% año tras año en volúmenes de transacciones móviles.

• Descargas de aplicaciones móviles: 54,321
• Usuarios activos mensuales: 28,945
• Crecimiento de transacciones móviles: 37%

Ubicaciones de ramas físicas

MVB Financial Corp. opera 37 ubicaciones de sucursales físicas en Virginia Occidental y los estados circundantes a diciembre de 2023.

Distribución de ramas	Número
Ubicaciones de sucursales totales	37
Estados cubiertos	Virginia Occidental y estados circundantes

Equipo de ventas directas

El equipo de ventas directas constaba de 86 representantes financieros dedicados en 2023, generando $ 42.6 millones en nuevas originaciones de préstamos comerciales y de consumo.

• Representantes de ventas: 86
• Nuevas origen de préstamo: $ 42.6 millones

Centros de llamadas de servicio al cliente

MVB Financial Corp. gestionó 247,890 interacciones con el servicio al cliente en 2023, con un tiempo de respuesta promedio de 2.7 minutos y una clasificación de satisfacción del cliente de 4.6 de 5.

Rendimiento del centro de llamadas	2023 métricas
Interacciones totales del cliente	247,890
Tiempo de respuesta promedio	2.7 minutos
Calificación de satisfacción del cliente	4.6/5

MVB Financial Corp. (MVBF) - Modelo de negocio: segmentos de clientes

Empresas pequeñas a medianas en Virginia Occidental

A partir del cuarto trimestre de 2023, MVB Financial Corp. atiende aproximadamente 3.750 empresas pequeñas a medianas dentro de West Virginia. La cartera total de préstamos comerciales para este segmento fue de $ 412.3 millones.

Categoría de tamaño del negocio	Número de negocios	Cartera de préstamos totales
Micro empresas (1-9 empleados)	2,150	$ 87.6 millones
Pequeñas empresas (10-49 empleados)	1,250	$ 189.4 millones
Empresas medianas (50-250 empleados)	350	$ 135.3 millones

Clientes bancarios individuales locales

MVB Financial Corp. atiende a 54.200 clientes bancarios individuales en West Virginia a partir de diciembre de 2023.

• Cuentas corrientes personales: 37,800
• Cuentas de ahorro personal: 28,900
• Clientes de préstamos personales: 6.500

Inversores inmobiliarios comerciales

La cartera de inversiones inmobiliarias comerciales totalizó $ 276.5 millones en 2023.

Tipo de propiedad	Inversión total	Número de proyectos
Desarrollo residencial	$ 89.2 millones	42 proyectos
Propiedades comerciales	$ 127.6 millones	28 proyectos
Desarrollos de uso mixto	$ 59.7 millones	15 proyectos

Entidades municipales y gubernamentales

MVB Financial Corp. brinda servicios bancarios a 87 entidades municipales y gubernamentales en West Virginia, con una cartera bancaria gubernamental total de $ 163.4 millones en 2023.

Clientes de gestión de patrimonio

El segmento de gestión de patrimonio incluye 2,350 clientes de alto valor de la red con $ 412.7 millones en activos administrados a diciembre de 2023.

Nivel de riqueza del cliente	Número de clientes	Activos administrados
High-Net-Worth ($ 1M- $ 10M)	1,750	$ 287.3 millones
Ultra-altura de la red (> $ 10M)	600	$ 125.4 millones

MVB Financial Corp. (MVBF) - Modelo de negocio: Estructura de costos

Mantenimiento de la infraestructura tecnológica

Para el año fiscal 2023, MVB Financial Corp. informó que los gastos de tecnología y equipo por un total de $ 6.3 millones. El desglose de los costos de infraestructura de tecnología incluye:

Categoría de tecnología	Costo anual
Sistemas bancarios centrales	$ 2.1 millones
Infraestructura de ciberseguridad	$ 1.5 millones
Plataformas de banca digital	$ 1.2 millones
Sistemas de red y comunicación	$ 1.5 millones

Gastos operativos de rama

Los costos operativos de la sucursal para MVB Financial Corp. en 2023 se calcularon en $ 12.4 millones, lo que incluye:

• Gastos de alquiler y ocupación: $ 4.8 millones
• Utilidades y mantenimiento: $ 2.1 millones
• Equipos y suministros de sucursales: $ 1.5 millones
• Sistemas de seguridad de sucursal: $ 0.9 millones

Salarios y beneficios de los empleados

La compensación total de los empleados para MVB Financial Corp. en 2023 ascendió a $ 45.6 millones, estructurada de la siguiente manera:

Categoría de compensación	Cantidad
Salarios base	$ 32.4 millones
Bonos de rendimiento	$ 5.7 millones
Beneficios de atención médica	$ 4.2 millones
Contribuciones de jubilación	$ 3.3 millones

Costos de cumplimiento regulatorio

Los gastos de cumplimiento regulatorio para MVB Financial Corp. en 2023 totalizaron $ 3.9 millones, que incluyen:

• Tarifas legales y de consultoría: $ 1.6 millones
• Software y sistemas de cumplimiento: $ 1.2 millones
• Capacitación y certificación: $ 0.7 millones
• Gastos de auditoría e informes: $ 0.4 millones

Gastos de marketing y adquisición de clientes

Los gastos de marketing para MVB Financial Corp. en 2023 alcanzaron $ 3.7 millones, distribuidos en varios canales:

Canal de marketing	Gasto
Marketing digital	$ 1.5 millones
Publicidad de medios tradicional	$ 0.9 millones
Patrocinios de eventos comunitarios	$ 0.6 millones
Campañas de adquisición de clientes	$ 0.7 millones

MVB Financial Corp. (MVBF) - Modelo de negocios: flujos de ingresos

Ingresos por intereses de préstamos e hipotecas

Para el año fiscal 2023, MVB Financial Corp. reportó ingresos por intereses netos de $ 117.2 millones. El desglose de la cartera de préstamos es el siguiente:

Categoría de préstamo	Saldo total	Porcentaje de cartera
Inmobiliario comercial	$ 1.3 mil millones	42.5%
Préstamos comerciales e industriales	$ 685 millones	22.3%
Hipotecas residenciales	$ 512 millones	16.7%

Tarifas de servicio bancario digital

Las tarifas de servicio bancario digital para 2023 totalizaron $ 8.3 millones, lo que representa un aumento del 12.4% respecto al año anterior.

Tarifas de asesoramiento de gestión de patrimonio

Los servicios de asesoramiento de gestión de patrimonio generaron $ 15.6 millones en tarifas durante 2023:

• Gestión de patrimonio individual: $ 9.2 millones
• Aviso de riqueza corporativa: $ 6.4 millones

Tarifas de procesamiento de transacciones

Las tarifas de procesamiento de transacciones para 2023 ascendieron a $ 6.9 millones, con la siguiente distribución:

Tipo de transacción	Ingresos por tarifas
Transacciones ACH	$ 3.1 millones
Transferencias de alambre	$ 2.4 millones
Otras transacciones electrónicas	$ 1.4 millones

Servicios de inversión y gestión del tesoro

Los servicios de inversión y gestión del Tesoro generaron $ 12.7 millones en ingresos para 2023:

• Servicios del Tesoro Corporativo: $ 7.3 millones
• Gestión de inversiones: $ 5.4 millones

Flujos de ingresos totales para 2023: $ 160.7 millones

MVB Financial Corp. (MVBF) - Canvas Business Model: Value Propositions

You're looking at the core value MVB Financial Corp. delivers across its dual focus: serving the Mid-Atlantic region with traditional banking and powering the future of finance through FinTech partnerships. It's about balancing steady, local lending with high-growth, scalable technology services.

Specialized Banking-as-a-Service (BaaS) for FinTechs to scale compliantly

MVB Financial Corp. provides the regulated infrastructure that lets FinTech companies operate without needing their own bank charter. This value proposition is evidenced by the deposit volumes they manage and the growth seen in that segment. For instance, the increase in total deposits of 8.5% in the second quarter of 2025, compared to the first quarter of 2025, primarily reflected an increased volume in the FinTech banking space. You can see the scale of the BaaS relationships through the off-balance sheet deposits, which totaled $911.6 million as of September 30, 2025. Also, the payments revenue, which is a key output of these relationships, rose to $8.5 million in the third quarter of 2025, which is up over twelvefold year-over-year.

The value is also seen in the composition of their funding base:

• Noninterest-bearing deposits represented 37.0% of total deposits as of September 30, 2025.
• Noninterest-bearing deposits were $1.05 billion as of June 30, 2025.

Traditional commercial lending and deposit services for the Mid-Atlantic region

For the local economy, MVB Financial Corp. provides core commercial banking services. This is reflected in their loan book expansion and the resulting interest income. In the third quarter of 2025, total loan balances grew to $2.26 billion, a 4.9% increase from the prior quarter. This loan growth powered the net interest income to $26.8 million for the third quarter of 2025. The bank maintains a focused lending posture, as shown by the loan-to-deposit ratio, which stood at 81.4% as of September 30, 2025.

Here's a quick look at the core banking performance metrics for the third quarter of 2025:

Metric	Q3 2025 Amount	Q2 2025 Amount
Total Loan Balances	$2.26 billion	$2.15 billion
Net Interest Income	$26.8 million	$25.8 million
Loan Growth (Q/Q)	4.9%	4.4%

Real-time payment processing and money movement solutions

The BaaS segment directly translates into fee-based revenue from payment processing and money movement. The noninterest income figure for the third quarter of 2025 captures this activity, though it was heavily influenced by a one-time event. Still, the underlying payments capability is strong, with payments revenue reaching $8.5 million in Q3 2025.

Generating significant shareholder value through FinTech incubation and divestiture

This is where the incubator model delivers concrete returns. The successful sale of Victor Technologies, Inc. in the third quarter of 2025 is the prime example. This generated a pre-tax gain of $34.1 million. This event dramatically boosted noninterest income to $34.6 million in Q3 2025, a 335.6% increase over the second quarter of 2025. Management expects this divestiture, combined with expense efficiencies, to add $0.30 to $0.35 to annualized Earnings Per Share (EPS) going forward. The commitment to returning value is also clear:

• Quarterly cash dividend paid in Q3 2025 was $0.17 per share.
• Completed a $10.0 million share repurchase program in Q3 2025.
• Repurchased 473,584 shares during that program at an average price of $21.15 per share.

Enhanced capital efficiency and balance sheet optimization

The strategic actions, including the Victor sale and securities repositioning, directly improved capital ratios. You can see this in the tangible book value per share (TBVPS) growth and the capital ratios. The TBVPS increased by 9.7% to $25.98 as of September 30, 2025. The bank's capital strength remains high, which is a key value driver for a regulated entity. The tangible common equity ratio stood at 10.1% as of September 30, 2025. The return on average equity (ROAE) for Q3 2025 was 22.9%, a substantial jump from 2.8% in the prior year period. The Community Bank Leverage Ratio was 11.1% at the end of the third quarter of 2025.

The capital position metrics as of September 30, 2025, compared to the prior quarter-end (June 30, 2025), show optimization:

Capital Metric	As of September 30, 2025	As of June 30, 2025
Community Bank Leverage Ratio	11.1%	11.4%
Tier 1 Risk-Based Capital Ratio	14.1%	14.6%
Tangible Common Equity Ratio	10.1%	9.3%

Finance: draft 13-week cash view by Friday.

MVB Financial Corp. (MVBF) - Canvas Business Model: Customer Relationships

MVB Financial Corp. operates with a dual strategy, serving its home region in the Mid-Atlantic alongside specialized financial technology and gaming finance sectors nationwide. This approach is designed to capture diverse revenue streams from both traditional banking and high-growth niche industries. The bank supports businesses in these specialized sectors by offering Banking-as-a-Service (BaaS) and specialized payment solutions.

The relationship strategy is segmented to address the distinct needs of its client groups. For traditional commercial and retail clients, acquisition centers on competitive financial products, with retention built on personalized service and a comprehensive suite of banking solutions. The bank's core banking operations remain strong, with total loan balances reaching $2.26 billion as of September 30, 2025, reflecting a quarter-over-quarter loan growth of 4.9%.

For FinTech and Gaming partners, the relationship is high-touch and consultative, reflecting the complexity of managing banking relationships in the payments, BaaS, and gaming industries from operational and regulatory viewpoints. The success of this model is partially validated by the sale of Victor Technologies, Inc., a company incubated within MVB Financial Corp., which generated a pre-tax gain of $34.1 million in the third quarter of 2025. MVB Financial Corp. continues to emphasize nurturing client and partner relationships for sustained operational excellence.

Digital engagement is a core component, supporting both retail and business clients through online and mobile platforms. As of September 30, 2025, Noninterest-bearing (NIB) deposits represented 37.0% of total deposits, which stood at $2.78 billion. The bank offers Digital Banking Client Resources, including helpful guides and videos, to assist with the digital banking experience. To provide context on the digital environment, over 83% of U.S. adults used digital banking services as of 2025, and 39% of U.S. adults now rely exclusively on mobile banking.

Strategic advisory services are embedded in the partnership approach, particularly for specialized clients. This includes providing assurance where others see only risk, such as offering Acquiring & Issuing sponsorship and compliance support. The leadership team demonstrated strategic balance sheet advisory by completing a securities repositioning strategy in Q3 2025, which, combined with expense efficiencies, is expected to add $0.30 to $0.35 to annualized EPS going forward.

Here's a quick look at the deposit base supporting these relationships as of the end of Q3 2025:

Metric	Amount as of September 30, 2025	Comparison to Prior Quarter
Total Deposits	$2.78 billion	Down 1.0%
Noninterest-Bearing (NIB) Deposits	37.0% of Total Deposits	Down from 37.4%
Loan-to-Deposit Ratio	81.4%	Up from 76.8%

The relationship structure supports the delivery of specific value propositions:

• Dedicated relationship managers for CoRe commercial and retail clients.
• High-touch, consultative support for FinTech and Gaming partners.
• Digital-first engagement through online and mobile banking platforms.
• Strategic advisory services for business growth and risk management.

The focus on specialized sectors is clear from the revenue contribution, where payments revenue reached $8.5 million in Q3 2025, representing an increase of over twelvefold year-over-year. The bank attracts fintech and gaming clients by offering specialized services like payment and issuing sponsorship, and Banking-as-a-Service.

Finance: draft 13-week cash view by Friday.

MVB Financial Corp. (MVBF) - Canvas Business Model: Channels

You're looking at how MVB Financial Corp. gets its services and value propositions to its customers across its different business lines as of the end of the third quarter of 2025. The channels are a mix of traditional brick-and-mortar, direct business relationships, and digital interfaces, reflecting their dual focus on community banking and nationwide fintech partnerships.

Physical bank branches primarily in North Central West Virginia and Northern Virginia

MVB Financial Corp., through its subsidiary MVB Bank, maintains a physical presence, though the search results confirm its base is in Fairmont, West Virginia. The physical channel serves the traditional retail and commercial customer segments in the Mid-Atlantic region, specifically targeting North Central West Virginia and Northern Virginia, even as the fintech segment provides national reach. Specific branch counts aren't detailed in the latest reports, but the core banking operations remain a channel for local relationship building.

Direct B2B sales and relationship channels for BaaS and FinTech clients (national reach)

This is a critical, high-growth channel for MVB Financial Corp., acting as a Banking-as-a-Service (BaaS) provider to financial technology and gaming finance sectors nationwide. The success of this channel is evident in the financial performance metrics, even after the strategic sale of a key asset in this area. The payments revenue, which is heavily tied to this segment, saw a significant jump for the third quarter of 2025, rising to $8.5 million, which is up over twelvefold. This channel relies on direct relationship management to onboard and service these specialized clients.

The reliance on this channel is also reflected in the deposit structure. While on-balance sheet deposits saw a slight dip, the off-balance sheet deposits-often associated with BaaS relationships-were $911.6 million as of September 30, 2025. However, this figure represented a decline of 17.5% from the prior quarter, signaling a shift or reduction in certain BaaS deposit relationships following the sale of Victor Technologies, Inc..

Digital banking platforms for retail and commercial customers

Digital platforms are essential for serving both the retail/commercial base and the fintech partners. The overall deposit base as of September 30, 2025, stood at $2.78 billion. A significant portion of the core funding profile is digital-centric, as Noninterest-Bearing (NIB) deposits represented 37.0% of total deposits on that date. This high percentage of NIB deposits often correlates with sophisticated digital treasury and commercial banking services.

Here's a quick look at the balance sheet context supporting these channels as of September 30, 2025:

Metric	Amount (As of 9/30/2025)
Total Loan Balances	$2.26 billion
Total Deposits	$2.78 billion
Loan-to-Deposit Ratio	81.4%
Tangible Book Value Per Share (TBVPS)	$25.98

What this estimate hides is the specific usage metrics for the retail digital platform itself, like mobile app active users, which aren't broken out in the earnings summaries.

Mortgage Banking segment for residential loan origination

The Mortgage Banking segment is another distinct channel for loan origination, contributing to the overall loan balance growth. Total loan balances increased by 4.9% quarter-over-quarter, reaching $2.26 billion as of September 30, 2025. While the search results confirm the existence and importance of the Mortgage Banking segment as a revenue stream, the specific residential loan origination volume for the third quarter of 2025 isn't explicitly stated.

The company's commitment to its core banking operations, which includes this segment, remains strong, as evidenced by the 3.1% increase in net interest income for the quarter.

• The company has maintained 41 consecutive quarters of common dividend payments year-to-date 2025.
• Book value per share rose by 9.6% to $26.07 as of September 30, 2025.
• The company completed a $10.0 million share repurchase program in Q3 2025.

Finance: draft Q4 2025 channel performance review by January 15th.

MVB Financial Corp. (MVBF) - Canvas Business Model: Customer Segments

You're looking at the customer base for MVB Financial Corp. (MVBF) as of late 2025, focusing on where the bank is directing its lending and deposit-gathering efforts. The business model clearly splits between traditional community banking and specialized, high-growth technology partnerships.

Traditional Commercial and Retail (CoRe) clients in the Mid-Atlantic region

This segment forms the core of MVB Bank, Inc.'s operations. The primary market area for these CoRe banking services is North Central West Virginia and Northern Virginia, with additional lending activities noted in North Carolina and South Carolina. As of September 30, 2025, total loan balances stood at $2.26 billion. Deposits totaled $2.78 billion at the end of the third quarter of 2025. Noninterest-bearing deposits represented 37.0% of total deposits on that date. The loan-to-deposit ratio, showing how much of the deposits are lent out, was 81.4% as of September 30, 2025. The company paid a quarterly cash dividend of $0.17 per share during the third quarter of 2025.

Here's a look at the capital strength supporting these clients as of September 30, 2025:

• Tangible Common Equity Ratio: 10.1%
• Tier 1 Risk-Based Capital Ratio: 14.1%
• Total Risk-Based Capital Ratio: 15.0%

Specialized FinTech companies requiring BaaS and embedded finance solutions

MVB Financial Corp. actively serves Fintech clients, a focus area that is integrated within its CoRe Banking segment. This division centers on providing specialized banking services, emphasizing operational risk management and compliance for these partners. The strategic importance of this segment was underscored by the completion of the sale of Victor Technologies, Inc., which was described as a next-generation payments solution built under the company's Fintech incubator model. This sale, completed on September 30, 2025, generated a pre-tax gain of $34.1 million. Furthermore, Q3 2025 payments revenue reached $8.5 million, marking an increase of over twelvefold year-over-year. The BaaS relationships also impact the balance sheet, as off-balance sheet deposits totaled $1.11 billion as of June 30, 2025, though this represented a 27.5% decline from the prior quarter due to a decrease in certain relationships.

The financial impact of the Fintech strategy in Q3 2025 included:

Metric	Amount (Q3 2025)	Comparison to Q2 2025
Net Interest Income	$26.8 million	Up 3.1%
Noninterest Income	$34.6 million	Up 335.6% (driven by Victor sale)
Total Loan Balances	$2.26 billion	Up 4.9%

Gaming and Daily Fantasy Sports businesses needing compliant payment solutions

MVB Financial Corp. maintains a commitment to the gaming and payments industries. The company's performance is sensitive to the seasonality of these sectors; for instance, the deposit growth in Q2 2025 occurred despite being outside of traditional tax and gaming seasons. While specific revenue figures tied solely to the gaming segment for Q3 2025 aren't isolated, the overall focus on payments solutions, validated by the Victor Technologies sale, shows this customer group is a key part of the specialized banking strategy.

Commercial Real Estate (CRE) and Commercial & Industrial (C&I) borrowers

These borrowers are central to the traditional loan portfolio. You should note that the most granular breakdown available is from the end of the prior year, December 31, 2024, which shows the relative size of these loan categories. The overall loan portfolio saw growth in Q3 2025, with total loan balances increasing by $106.1 million, or 4.9%, from the prior quarter to reach $2.26 billion as of September 30, 2025. Asset quality remains a focus, with nonperforming loans at 1.2% of total loans as of September 30, 2025.

Here is the loan portfolio composition breakdown as of December 31, 2024, to give you a sense of the historical mix:

Loan Category	Percentage of Total Loans (12/31/2024)
Commercial Business (C&I)	31.8%
Commercial Real Estate (CRE)	30.2%
Residential	31.0%
Acquisition & Development	5.5%

Within the CRE concentration as of December 31, 2024, non-owner-occupied office space represented 3.0% of MVB's total loans.

MVB Financial Corp. (MVBF) - Canvas Business Model: Cost Structure

You're looking at the expense side of MVB Financial Corp.'s operations as of late 2025. The cost structure reflects the necessary investments in a regulated, tech-forward banking model, balancing funding costs with operational scale.

Interest expense on deposits, which is managed by a high NIB deposit ratio

Managing the cost of funds is key, especially with a focus on maintaining a favorable deposit mix. The ratio of noninterest-bearing (NIB) deposits to total deposits is a primary lever here. For instance, in the first quarter of 2025, the NIB deposit ratio reached 40.0% of total deposits, contributing to a cost of funds that fell to 2.28% for that period. By the second quarter of 2025, as deposit mix shifted slightly, the NIB ratio stood at 37.4% of total deposits, pushing the cost of funds up to 2.41%. As of September 30, 2025, the NIB ratio was reported at 37.0%.

Significant personnel costs for compliance, technology, and relationship banking

Personnel is a major component, supporting specialized areas like relationship banking for the Fintech and gaming segments, alongside the necessary compliance and technology teams. While specific personnel cost breakdowns for 2025 are embedded within the total noninterest expense, we see that in the fourth quarter of 2024, increases in employee benefits and incentive compensation contributed $2.1 million to the quarter-over-quarter rise in noninterest expense. The company also saw executive changes in mid-2025, including a new CFO appointed with an annual base salary of $375,000 plus a $25,000 signing bonus.

Noninterest expenses for technology infrastructure and professional fees

The commitment to a tech-forward banker role requires sustained spending on infrastructure. Professional fees, which cover essential audit and legal support for the complex regulatory environment, also factor in. In the fourth quarter of 2024, professional fees increased by $1.1 million. Looking at the operating expense base, the second quarter of 2025 saw total noninterest expense hold steady QoQ at $28.6 million, reflecting cost stabilization efforts. However, the third quarter of 2025 noninterest expense rose to $33.3 million, though this increase was primarily attributed to higher costs related to the sale of Victor Technologies, Inc.

Provision for credit losses on loan growth (e.g., Q2 2025 provisioning)

As loan growth resumes, so does the need to reserve against potential credit risk. This was evident in the second quarter of 2025, where the 4.4% sequential loan growth drove a significant step-up in provisioning. The provision for credit losses totaled $2.0 million for Q2 2025, a substantial increase from the $0.2 million recorded in the first quarter of 2025. This action resulted in the allowance for credit losses (ACL) reaching 1.0% of total loans as of June 30, 2025, up from 0.9% at the end of Q1 2025.

Costs associated with maintaining a strong regulatory and risk management framework

Maintaining a 'robust risk and compliance' framework is a non-negotiable cost of doing business, particularly given MVB Financial Corp.'s focus on specialized areas like Fintech sponsorship and gaming. These costs are embedded in personnel, technology, and professional fees, such as the audit and legal costs mentioned previously. The company's strong capital position, with a Tier 1 Risk-Based Capital Ratio of 14.6% at June 30, 2025, is a direct outcome of managing these risk-related expenses and capital requirements effectively.

Here's a quick look at the top-line noninterest expense figures from the mid-2025 reporting periods:

Expense Metric	Q1 2025 Amount (Millions USD)	Q2 2025 Amount (Millions USD)	Q3 2025 Amount (Millions USD)
Total Noninterest Expense	Implied lower than Q4 2024 (down 14.6% QoQ)	$28.6	$33.3
Provision for Credit Losses (PCL)	$0.2	$2.0	Not explicitly stated as a standalone expense in Q3 highlights
ACL as % of Total Loans	0.9% (at March 31, 2025)	1.0% (at June 30, 2025)	Not explicitly stated as a standalone expense in Q3 highlights

The cost structure is clearly influenced by both the cyclical nature of credit provisioning and the strategic, non-recurring costs associated with corporate actions, such as the sale of Victor Technologies, Inc., which generated a pre-tax gain of $34.1 million in Q3 2025 but also increased related noninterest expenses.

MVB Financial Corp. (MVBF) - Canvas Business Model: Revenue Streams

You're looking at how MVB Financial Corp. actually brings in the money, which is a mix of old-school banking and their newer FinTech incubator model. Honestly, the revenue mix in late 2025 is heavily influenced by a major one-time event, so you have to look at the core business separately.

The primary engine remains the traditional lending business, which generates Net Interest Income (NII). This is the difference between the interest earned on loans and investments and the interest paid on deposits and borrowings. For the second quarter of 2025, MVB Financial Corp.'s NII was reported at $26.0 million. By the third quarter of 2025, this core stream showed growth, reaching $26.8 million on a fully tax-equivalent basis, which was a 3.1% increase over the prior quarter, supported by robust loan growth of 4.9%.

The second major component is Noninterest Income, which saw a massive, non-recurring spike in Q3 2025 due to strategic asset sales. The Q2 2025 Noninterest Income was $7.9 million. However, Q3 2025 Noninterest Income surged to $34.6 million, largely thanks to the FinTech monetization strategy.

Here's a quick look at the key revenue drivers for the most recent reported quarter:

• Net Interest Income from lending activities.
• Significant, non-recurring gain from a FinTech sale.
• Core fee income from payments and other services.

The FinTech strategy is clearly a material revenue stream, not just a side project. The sale of Victor Technologies, Inc. in Q3 2025 provided a pre-tax gain of $34.1 million. This validates their model of building and scaling technology companies within the bank structure. Furthermore, the dedicated Noninterest Income from FinTech and payments fees stream is growing on its own merits; Q3 2025 payments revenue hit $8.5 million, which is up over twelvefold from the prior year.

The remaining streams, mortgage banking and off-balance sheet deposits, are integral to capital management and fee generation, though specific dollar amounts for Q3 2025 were not as prominently broken out alongside the NII and Victor gain figures. We know that off-balance sheet deposit networks are specifically utilized to generate fee income and enhance capital efficiency. As of September 30, 2025, off-balance sheet deposits totaled $911.6 million, a decline of 17.5% from the prior quarter-end.

You can see the breakdown of the primary income sources below, using the latest available figures:

Revenue Stream Category	Latest Reported Period	Amount (USD)
Net Interest Income (NII)	Q3 2025 (Tax-Equivalent)	$26.8 million
Payments Revenue (Noninterest Income Component)	Q3 2025	$8.5 million
Gain on Sale of FinTech Investment (Victor)	Q3 2025	$34.1 million (Pre-tax)
Total Noninterest Income	Q3 2025	$34.6 million
Total Noninterest Income (Core/Excluding Gain)	Q2 2025	$7.9 million

The business model relies on a few key levers for revenue generation:

• Core NII growth driven by loan portfolio expansion (Loan balances grew 4.9% in Q3 2025).
• Monetization of incubated FinTech assets, as seen with the Victor sale.
• Fee income derived from Banking-as-a-Service (BaaS) and payment solutions.
• Income from mortgage banking operations, though specific Q3 2025 figures weren't detailed separately from the total noninterest income surge.
• Fee income from off-balance sheet deposit networks, which supports capital efficiency.