MVB Financial (MVBF) Reports Q3 Loss, Lags Revenue Estimates

Core Insights - MVB Financial (MVBF) reported a quarterly loss of $0.75 per share, significantly missing the Zacks Consensus Estimate of $0.29, and compared to earnings of $0.16 per share a year ago, representing an earnings surprise of -358.62% [1] - The company posted revenues of $27.1 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 24.93%, and down from $33.24 million year-over-year [2] - MVB Financial shares have increased by approximately 30.6% since the beginning of the year, outperforming the S&P 500's gain of 17.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.45 on revenues of $37.7 million, and for the current fiscal year, it is $1.08 on revenues of $141 million [7] - The estimate revisions trend for MVB Financial was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Banks - Northeast industry, to which MVB Financial belongs, is currently in the top 14% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [8] - Another company in the same industry, HarborOne Bancorp (HONE), is expected to report quarterly earnings of $0.21 per share, reflecting a year-over-year change of +110% [9]