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MVB Financial ( (MVBF) ) just unveiled an update.
MVB Financial Corp. emphasizes its strategic focus on fintech partnerships, including a notable collaboration with Jack Henry, aiming to boost payment capabilities and expand its banking-as-a-service model. Despite challenges like the exit from digital asset accounts impacting earnings, MVB maintains a strong liquidity position with significant growth in payment-related deposits. The company’s use of non-GAAP measures highlights its efforts to provide investors with clear insights into its financial health and competitive positioning in the evolving financial landscape.
Find detailed analytics on MVBF stock on TipRanks’ Stock Analysis page.
