Mvb Financial Corp 8-K, filed Mar 3, 2026
Mvb Financial Corp (MVBF)
8-K
2026-03-03
For: 2026-03-02
View Original
Added on
April 06, 2026
About this 8-K
Mvb Financial Corp filed this 8-K on March 3, 2026, reporting on events of March 2, 2026.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
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Item 8.01. Other Events.
On March 2, 2026, MVB Financial Corp. ("MVB"), the holding company for MVB Bank Inc., redeemed all of the $40.0 million aggregate principal amount of its 4.25% Fixed-to-Floating Rate Subordinated Notes due 2030 (the “Notes”). On the date of the redemption, the Notes bore interest at a variable per annum rate, reset quarterly, equal to the then-current three-month term SOFR rate, plus 401 basis points, or 7.67% as of March 2, 2026. The Notes were structured to qualify as Tier 2 capital for regulatory capital purposes. The redemption was funded by a combination of MVB's $20.0 million revolving line of credit and cash on hand.
The information furnished by MVB pursuant to this Item 7.01, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, (the “Exchange Act”) or otherwise subject to the liability of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| MVB Financial Corp. | ||||||||
| By: | /s/ Michael R. Sumbs | |||||||
| Michael R. Sumbs Executive Vice President and Chief Financial Officer | ||||||||
Date: March 3, 2026