Mvb Financial Corp. · NASDAQ:MVBF
Mvb Financial — Investor Presentation (October 2026)
27 slides from Mvb Financial's investor presentation, Oct 29, 2026
Slide 1: Investor Presentation Q3 2026
©2026 MVB | Proprietary INVESTOR PRESENTATION Q 3 2 0 2 6 MVB FINANCIAL CORP. ( N A S D A Q : M V B F )
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Investor Presentation | 2026 2 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 investo
Slide 3: MVB Overview: By the Numbers
MVB OVERVIEW By the Numbers $3.5B Total Assets 22% Growth in Payment Revenue (YTD 2026 vs. YTD 2025) $167M Revenue TTM $2.5B Total Loans $3.1B Total Deposits $51B Payment Volume Processed, TTM Investor Presentation | 2026 3 ▪ MVB is an innovative bank focused on powering solutions for leading Fintec
Slide 4: Investment Highlights
INVESTMENT HIGHLIGHTS Investor Presentation | 2026 4 A differentiated Fintech bank at an inflection point Multiple growth catalysts driven by expanding suite of Fintech product offerings Scalable business model — well positioned to capture expanding TAM Proven innovation engine — Victor1 sale valida
Slide 5: MVB's Strategy on a Page (SOAP)
MVB’S STRATEGY ON A PAGE (SOAP) We turned plans into action. Compliance and Risk Management Talent and Culture Operational Excellence Fintech Sponsorship Lending Strategic M&A Payments CoRe Lending & Deposits Client and Partner Relationships Banking as a Service Gaming Backer of FintechsBuilder of F
Slide 6: Experienced and Deep Leadership Team
• 30 years of progressive leadership experience in human resources. • On Mylan’s North America leadership team as VP of Human Relations. • 12+ years at GE Aerospace, where he provided human resources direction and strategy for production, services, commercial and engineering organizations with 7,000
Slide 7: MVB's Evolution Through Tech Innovation
Community Bank 1997–2016 ▪ Building the foundation ▪ Robust risk/compliance ▪ Strong capital Fintech Pivot 2017–2018 ▪ Fintech and BaaS era ▪ Payments and gaming ▪ Deposit diversification Builder Phase 2018–2025 ▪ Innovation ▪ Incubator/builder ▪ Victor Technologies ▪ Scaling payments Scaled Fintech
Slide 8: From Community Bank to Leading Fintech Banking Platform
$2.1B $1.0B $0.7B Off Balance Sheet Total Noninterest- bearing Deposits Total Interest- bearing Deposits $3.8B FROM COMMUNITY BANK TO LEADING FINTECH BANKING PLATFORM Fintech Expertise: Proven ability to identify, incubate and monetize Fintech opportunities Regulatory Infrastructure: Established rob
Slide 9: MVB Fintech Banking Growth Vehicles
MVB FINTECH BANKING GROWTH VEHICLES Investor Presentation | 2026 9 Payments ▪ Digital payments – fee income ▪ Merchant acquiring – fee income ▪ Card issuing – fee income and stable deposits Banking as a Service ▪ Low-cost deposit accounts ▪ Emerging lending opportunities ▪ Five million bank account
Slide 10: Robust Fintech Pipeline Funnel
5 2 3 4 9 1 9 2025 Q1 '26 Q2 '26 Q3 '26 2026 YTD Testing Currently in Implementation ROBUST FINTECH PIPELINE FUNNEL 10 Finalizing Terms / Commercial Alignment 2 Implementation (Signed MSA or LOI) 9 Testing 1 Partner Service Launch 2026 YTD Partnership Launches 1. Global Merchant Acquirer Real-Time P
Slide 11: Implementing AI and Automation to Drive Efficiency
IMPLEMENTING AI AND AUTOMATION TO DRIVE EFFICIENCY 2027 and beyond 2H 2026 1H 2026 FY 2024 ✓ We are here Scaling Digital Workers and AI Access Expand to 36 Digis across CoRe, Credit, BSA/AML, and Fintech while growing AI desktop assistant access to 100% of the organization. Data & AI Partners Laying
Slide 12: Risk and compliance staffing by team
Teams 2021 2022 2023 2024* 2025 2026 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Risk Management 10 12 11 14 16 22 23 24 24 24 30 27 32 35 30 25 25 27 27 27 27 26 26 BSA/AML (MVB) 17 19 18 18 18 18 18 18 23 31 50 59 50 60 62 60 56 61 59 54 56 54 51 BSA/AML (Co-sourced FTEs)
Slide 13: Strategic Capital Allocation Framework
STRATEGIC CAPITAL ALLOCATION FRAMEWORK Investor Presentation | 2026 13 Platform Investment ▪ Technology infrastructure and AI/automation ▪ Payment product development ▪ Data analytics capabilities Strategic M&A ▪ Target: Innovative/Fintech-focused banks and non-banks ▪ Complementary technology acqui
Slide 14: Strong Capital Position
STRONG CAPITAL POSITION Investor Presentation | 2026 14 8.3% 8.6% 9.7% 10.1% 10.0% 9.7% 9.3% 2022 2023 2024 2025 Q1 2026 Q2 2026 Q3 2026 9.8% 10.5% 11.2% 11.1% 10.1% 10.3% 9.7% 2022 2023 2024 2025 Q1 2026 Q2 2026 Q3 2026 Source: Company documents. (1) TCE/TA is for the Holding Company and is a non-G
Slide 15: Tangible Book Value Per Share Growth
TANGIBLE BOOK VALUE PER SHARE GROWTH Investor Presentation | 2026 15 $15.20 $19.73 $22.17 $20.25 $22.43 $23.37 $26.17 $25.26 $14.00 $16.00 $18.00 $20.00 $22.00 $24.00 $26.00 $28.00 2019 2020 2021 2022 2023 2024 2025 Q3 2026 Dividend paid per share $0.26 $0.36 $0.51 $0.68 $0.68 $0.68 $0.68 7.8% CAGR
Slide 16: Financial Highlights
FINANCIAL HIGHLIGHTS
Slide 17: Q3 2026 Key Highlights
Q3 2026 KEY HIGHLIGHTS Investor Presentation | 2026 17 +22.7% From Q3 2025 32.3% of total deposits Noninterest- Bearing Deposits Increase in Net Interest Income Pre-provision net revenue (excluding one-time gain related to sale of subsidiary and one-time loss on securities re-positioning in Q3 2025)
Slide 18: Improving Revenue and Profitability
IMPROVING REVENUE AND PROFITABILITY Investor Presentation | 2026 18 Payment Card & Service Charge Income ($ millions) Net Interest Income ($ millions) $79.0 $93.3 Q3 2025 YTD Q3 2026 YTD $13.4 $16.3 Q3 2025 YTD Q3 2026 YTD 1 Includes a $34 million pre-tax gain related to the sale of a subsidiary and
Slide 19: Growth of MVB's Payments-Focused Vehicle
$128 $170 $331 $478 $583 $713 2021 2022 2023 2024 2025 Q3 2026 GROWTH OF MVB’S PAYMENTS-FOCUSED VEHICLE Investor Presentation | 2026 19 Deposits of Payments Vehicle (period average) ($ millions) 44% CAGR (2021-2025) $695 $1,495 $4,760 $7,670 $11,534 $13,491 2021 2022 2023 2024 2025 Q3 2026 TTM Payme
Slide 20: Diversified Deposit Base with Fintech and Core Bank Deposits
CoRe* 55% Fintech 45% Title (C) 3% Retail (C) 9% Specialty (C) 27% Commercial (C) 16% BaaS (F) 10% Gaming (F) 10% Payments (F) 25% Data as of September 30, 2026 DIVERSIFIED DEPOSIT BASE WITH FINTECH AND CORE BANK DEPOSITS Investor Presentation | 2026 20 On Balance Sheet Deposit Composition On Balanc
Slide 21: Continued Remix of Deposit Portfolio
Deposit Composition ▪ $37 million reduction in CD balances in Q3 2026 ▪ $200 million reduction in CD balances since Q3 2025, including $82 million reduction in brokered CDs ▪ Q3 2026 cost of interest- bearing deposits of 3.12%; down 23 basis points from 3.35% since Q3 2025 ▪ $130 million of brokered
Slide 22: Loan Growth While Maintaining Liquid Balance Sheet
LOAN GROWTH WHILE MAINTAINING LIQUID BALANCE SHEET Investor Presentation | 2026 22 Loan/Deposit Ratio $2,259 $2,343 $2,404 $2,476 $2,520 $2,776 $2,842 $2,897 $3,112 $3,088 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Gross Loans On Balance Sheet Deposits Gross Loans & On Balance Sheet Deposits ($ million
Slide 23: Diversified Loan Portfolio
Home Equity 0.3% Consumer 2.7% Acquisition & Development 4.5% Owner Occupied Real Estate 7.9% Commercial Business 20.8% Residential 28.7% Commercial Real Estate 35.1% Auto Equipment 2.3% Commercial Construction 3.0% Government 0.9% Healthcare 27.2% Multifamily 2.8% Office Space 3.9% Other 23.2% Fina
Slide 24: Asset Quality Overview
0.17% 0.04% 0.12% 0.68% 0.26% 0.23% 0.41% 0.00% 0.20% 0.40% 0.60% 0.80% Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 $19.2 $20.8 $23.3 $21.8 $22.6 $28.2 $36.2 0.93% 0.97% 1.03% 0.93% 0.94% 1.14% 1.44% $0.0 $10.0 $20.0 $30.0 $40.0 0.00% 0.50% 1.00% 1.50% 2.00% Q1 2025 Q2 2025 Q3 2025 Q4 20
Slide 25: Appendix: Non-GAAP Reconciliations
APPENDIX N O N - G A A P R E C O N C I L I A T I O N S
Slide 26: Tangible Book Value per Common Share and Tangible Common Equity Ratio
Tangible Book Value per Common Share and Tangible Common Equity Ratio (%) (Dollars in thousands) 2020 2021 2022 2023 2024 2025 2026 YTD Goodwill $ 2,350 $ 3,988 $ 3,988 $ 2,838 $ 2,838 $ 1,200 $ 1,200 Intangibles 2,400 2,316 1,631 352 262 -- -- Total intangible assets $ 4,750 $ 6,304 $ 5,619 $ 3,190
Slide 27: Net Interest Income and Net Interest Margin on a Fully Tax-Equivalent Basis
Net Interest Income and Net Interest Margin on a Fully Tax-Equivalent Basis (%) 2025 2026 (Dollars in thousands) Nine Months Ended Three Months Ended Nine Months Ended Net interest margin – U.S. GAAP basis Net interest income $ 79,029 $ 32,596 $ 93,322 Average interest-earning assets 2,930,263 3,227