Purpose and Values Driven Culture Recognized Nationally
MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. ("MVB Financial") (NASDAQ:MVBF) (collectively "MVB"), has earned five new accolades throughout 2025 for its consistently strong culture and Team Member satisfaction.
"Our culture has become MVB's ‘secret sauce,' and our purpose and values are part of the corporate DNA of Team MVB," said Larry F. Mazza, CEO and President, MVB Financial. "These results validate Team Member belief in our culture. We truly strive to live our purpose to be trusted partners on the financial frontier, committed to the success of our Teammates, clients, shareholders and communities."
American Banker recently announced its Best Banks to Work For list. For the fifth consecutive year MVB earned a spot on the list, ranking sixth out of 28 banks in the $3-$10 billion assets category.
"The banks recognized on this list are trying hard to create workplaces that employees want to join," said Chana R. Schoenberger, Editor-in-Chief of American Banker. "Especially during this moment when companies are experiencing a shift in how, where and how much employees work, banks are paying attention to how they can best retain their people."
For the fourth consecutive year, MVB received Great Place to Work Certification, which was announced earlier in the year.
"The Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience," said Sarah Lewis-Kulin, the Vice President of Global Recognition at Great Place To Work. "By successfully earning this recognition, it is evident that MVB Bank stands out as one of the top companies to work for, providing a great workplace environment for its employees."
Through the Best Companies Group, MVB received recognition as one of its Best Places to Work for Women and Best Places to Work in West Virginia. Best Places to Work for Women is a recognition for organizations that are employer of choice for high-quality female talent—and highlights their leadership in equity, opportunity and retention.
Virginia Business named MVB as number 27 on its Best Places to Work list in March 2025 stating: "MVB Bank fosters a culture where team members thrive through empowerment, trust and a shared commitment to their core values. The bank's focus on work-life balance, professional growth and personal wellness creates an environment where employees feel valued and supported. Recognition programs and regular shoutouts during All Hands Town Hall meetings highlight contributions, while flexible work schedules, wellness challenges and mentorship programs promote a healthy and dynamic workplace. The MVB team is passionate about their work, their values and each other, making it a remarkable place to grow, collaborate and succeed."
In general, awards such as these primarily assess employee satisfaction in areas including corporate culture, education and development opportunities, pay and benefits, company policies and satisfaction with leadership.
About MVB Financial Corp.
MVB Financial Corp., the holding company of MVB Bank, Inc., is publicly traded on The Nasdaq Capital Market® under the ticker "MVBF." Nasdaq is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its subsidiary, MVB Bank, Inc., and the Bank's subsidiaries, the Company provides financial services to individuals and corporate clients in the Mid-Atlantic region and beyond. For more information about MVB, please visit http://ir.mvbbanking.com.
About American Banker
American Banker empowers banking professionals with unique analysis and insight into the ideas transforming their business and industry. Across its journalism, events, research and benchmarking, it helps drive the way forward through the complexity of business innovation, retail and commercial disruption, technology, regulation and reform. With a banking community 850M strong, American Banker's content connects leaders online, in person and in print every day.
About Best Companies Group
Since 2004, Best Companies Group has specialized in identifying and recognizing great employers to work for. We are an independent research firm that ranks companies based on our established research methodology. Our surveys provide actionable, hard-to-obtain data that companies use to improve employee recruitment and retention.
About Virginia Business
Virginia Business is the only publication in Virginia dedicated to covering economic activity in every sector and region of the commonwealth. The magazine has established a reputation as a must-read for those who want to stay abreast of commercial events in Virginia and attracts a diverse group of readers, including business leaders who hold managerial and financial positions and fill a host of C-suite positions. Virginia Business is part of BridgeTower Media, the leading provider of B2B information, research, events and marketing solutions across more than 25 U.S. markets and industries. For more information, visit VirginiaBusiness.com.
Forward-looking Statements
MVB Financial Corp. ("MVB" or the "Company") has made forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, in this earnings release that are intended to be covered by the protections provided under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations about the future and subject to risks and uncertainties. Forward-looking statements include, without limitation, information concerning possible or assumed future results of operations of the Company and its subsidiaries. Forward-looking statements can be identified by the use of words such as "may," "could," "should," "would," "will," "plans," "believes," "estimates," "expects," "anticipates," "intends," "continues," or the negative of those terms or similar expressions. Note that many factors could affect the future financial results of the Company and its subsidiaries, both individually and collectively, and could cause those results to differ materially from those expressed in forward-looking statements. Therefore, undue reliance should not be placed upon any forward-looking statements. Those factors include but are not limited to: market, economic, operational, liquidity, and credit risk; changes in market interest rates; inability to successfully execute business plans, including strategies related to investments in financial technology companies; competition; unforeseen events, such as pandemics or natural disasters, and any governmental or societal responses thereto, changes in economic, business, and political conditions; changes in demand for loan products and deposit flow; changes in deposit classifications, operational risks and risk management failures; and government regulation and supervision. Further, we urge you to carefully review and consider the cautionary statements and disclosures, specifically those made in Part I, Item 1A, Risk Factors, of our Annual Report on Form 10-K for the year ended December 31, 2024 (the "2024 Form 10-K"), filed with the Securities and Exchange Commission ("SEC") on March 13, 2025, and from time to time, in our other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of the stated report. Except to the extent required by law, we undertake no obligation to update any forward-looking statements in order to reflect any event or circumstance occurring after the date of this report or currently unknown facts or conditions or the occurrence of unanticipated events. All forward-looking statements are qualified in their entirety by this cautionary statement.
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