MVB Financial Corp. (NASDAQ: MVBF) announced on October 7, 2025 that it has implemented an investment securities repositioning strategy, selling approximately $73 million in book value of available‑for‑sale securities. The sale included $49 million of municipal securities, $15 million of U.S. sponsored mortgage‑backed securities, and $9 million of U.S. government agency securities, all of which had a weighted‑average tax‑equivalent yield of 1.70% and a weighted‑average life of about 9.6 years.
The transaction will result in a pre‑tax loss of roughly $7.6 million, which the company expects to recognize in its third‑quarter 2025 financial results. CEO Larry F. Mazza stated that the repositioning, combined with the expense efficiencies from the recently announced sale of Victor Technologies, is expected to add approximately $0.30 to $0.35 to earnings per share on an annualized basis and will better align the balance sheet with the company’s strategic objectives.
By redeploying the proceeds into higher‑yielding securities, MVB aims to accelerate its path to stronger earnings and enhance shareholder value while maintaining regulatory capital ratios well above the required thresholds. The move reflects the company’s broader focus on specialized fintech banking and its commitment to optimizing capital allocation in a high‑interest‑rate environment.
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