Latest news with #MVB
Business Insider
3 days ago
- Business
- Business Insider
BNB Chain Launches Builder Bunker: A Web3 & AI Community Hub in New York
Dubai, UAE, June 10th, 2025, Chainwire BNB Chain, the leading blockchain by transaction volume and daily active users, is opening the doors to its first-ever local, in-person community hub, Builder Bunker. In the heart of New York City, Builder Bunker will serve as a base for the most committed builders in Web3 and AI. This isn't a typical co-working space. It's a hands-on launchpad for builders from Web3 and emerging frontiers such as AI. It is designed for those ready to move fast, collaborate deeply, and turn bold ideas into real products. It welcomes builders using blockchain and emerging technologies to build and innovate within their businesses, encouraging synergy with BNB Chain. Builder Bunker brings together founders, developers, and creators looking to scale their own projects, where people find their tribe—and the tools to go further, faster. 'The Builder Bunker is where ideas get sharpened and squads get stronger,' said Sarah, the BD Lead of BNB Chain. 'We're thrilled to launch this initiative from New York, one of the most vibrant builder communities in the world. We're assembling a dedicated unit of builders who aren't just talking Web3, but building it, block by block, together. ' Located in the heart of New York City, the Builder Bunker project serves as a long-term program that will provide an immersive experience for selected projects. Resident teams will receive: Dedicated workspace for early founding members, Weekly programs including founder roundtables, AMAs, and Demo Days Office hours with BNB Chain core teams, ecosystem partners, and notable mentors Access to technical advisors, investors, talent mixers, GTM networking events, and more The space will host flagship incubation programs including the 10th cohort of the Most Valuable Builder (MVB) program and the first batch of EASY Residency by YZi Labs, with opportunities for selected teams to receive unparalleled support, resources, and investment opportunities. 'Bringing founders together in one space enables them to learn from and support each other, getting into a zone of immersive building. The Builder Bunker initiative gives our founders in NYC access to valuable talent networks as well as potential customer resources and investor attention. We believe future unicorns will emerge from Builder Bunker.' said Ella Zhang, Head of YZi Labs. As a curated, high-intent builder residency, Builder Bunker is designed for teams with long-term visions, real product execution, and those contributing to the BNB Chain ecosystem or broader innovative infrastructure. BNB Chain sees Builder Bunker as the first step in a longer-term global initiative to create more offline touchpoints for the builder community. NYC is just the beginning. BNB Smart Chain (BSC): A secure DeFi hub with the lowest gas fees of any EVM-compatible L1; serves as the ecosystem's governance chain. opBNB: A scalability L2 that delivers some of the lowest gas fees of any L2 and rapid processing speeds. BNB Greenfield: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces. Setting a high bar for security, the AvengerDAO community protects BNB Chain users while Red Alarm provides a real-time risk-scanner for Dapps. The ecosystem also offers a range of monetary and ecosystem rewards as part of its Builder Support Program. Tooling, such as the AI Solution, is also available for developers to explore. For more, users can follow BNB Chain on X or start exploring via the Dapp library About YZi Labs YZi Labs manages over $10 billion assets globally. Our investment philosophy emphasizes impact first—we believe that meaningful returns will naturally follow. We invest in ventures at every stage, prioritizing those with solid fundamentals in Web3, AI, and biotech. YZi Labs' portfolio covers over 300 projects from over 25 countries across six continents. More than 65 of YZi Labs' portfolio companies have gone through our incubation programs. For more information, users can follow YZi Labs on X.
Yahoo
21-05-2025
- Business
- Yahoo
MVB Financial Corp. Declares Second Quarter 2025 Dividend
FAIRMONT, May 21, 2025--(BUSINESS WIRE)--MVB Financial Corp. (NASDAQ: MVBF) ("MVB Financial," "MVB," or the "Company") has declared a quarterly cash dividend of $0.17 per share, maintaining the dividend declared in the previous quarter for shareholders of record as of June 1, 2025, payable on June 15, 2025. This is the second quarterly dividend for 2025. "MVB's first quarter results reflect tangible progress following the strategic repositioning of our business model over the past year," said Larry F. Mazza, CEO, MVB. "Our best-in-class funding profile supported meaningful expansion in our net interest margin and growth in net interest income. I'm encouraged by our first quarter performance and confident in MVB's ability to adapt, execute and deliver long-term value for our clients and stakeholders." 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 banking services to Fintech clients throughout the United States. For more information about MVB, please visit Forward-looking Statements MVB Financial Corp. 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. Additional factors that may cause actual results to differ materially from those described in the forward-looking statements can be found in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, as well as its other filings with the SEC, which are available on the SEC's website at Except as required by law, the Company disclaims any obligation to update, revise, or correct any forward-looking statements. View source version on Contacts MEDIA CONTACT Amy Baker VP, Corporate Communications and MarketingMVB Bankabaker@ (844) 682-2265 INVESTOR RELATIONS Marcie Lipscomb mlipscomb@ (844) 682-2265
Business Wire
21-05-2025
- Business
- Business Wire
MVB Financial Corp. Declares Second Quarter 2025 Dividend
FAIRMONT, WIRE)--MVB Financial Corp. (NASDAQ: MVBF) ('MVB Financial,' 'MVB,' or the 'Company') has declared a quarterly cash dividend of $0.17 per share, maintaining the dividend declared in the previous quarter for shareholders of record as of June 1, 2025, payable on June 15, 2025. This is the second quarterly dividend for 2025. 'MVB's first quarter results reflect tangible progress following the strategic repositioning of our business model over the past year,' said Larry F. Mazza, CEO, MVB. 'Our best-in-class funding profile supported meaningful expansion in our net interest margin and growth in net interest income. I'm encouraged by our first quarter performance and confident in MVB's ability to adapt, execute and deliver long-term value for our clients and stakeholders.' 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 banking services to Fintech clients throughout the United States. For more information about MVB, please visit Forward-looking Statements MVB Financial Corp. 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. Additional factors that may cause actual results to differ materially from those described in the forward-looking statements can be found in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, as well as its other filings with the SEC, which are available on the SEC's website at Except as required by law, the Company disclaims any obligation to update, revise, or correct any forward-looking statements.
Business Wire
19-05-2025
- Business
- Business Wire
MVB Financial Corp. Announces Stock Repurchase Program
FAIRMONT, WIRE)--The Board of Directors of MVB Financial Corp. ('MVBF' or 'MVB Financial') (Nasdaq: MVBF) today announced the authorization of a stock repurchase program of up to $10 million of MVB's common stock. 'MVB's strong capital position provides the opportunity to execute this stock repurchase program, which further strengthens our already robust shareholder value proposition,' said Larry F. Mazza, CEO, MVB Bank and MVB Financial. MVB intends to begin repurchasing stock in May 2025, and the stock repurchase program will expire upon the expenditure of $10 million, when terminated or otherwise completed. Purchases may be made in open-market transactions, in block transactions on or off an exchange, in privately negotiated transactions or by other means as determined by MVB's management and in accordance with the regulations of the Securities and Exchange Commission. The timing of purchases and the number of shares repurchased under the stock repurchase program will depend on a variety of factors including price, trading volume, market conditions and corporate and regulatory requirements. 'MVB's strong capital position provides the opportunity to execute this stock repurchase program, which further strengthens our already robust shareholder value proposition,' said Larry F. Mazza, CEO, MVB Bank and MVB Financial. 'MVB remains committed to the success of our clients, shareholders and the communities we serve.' 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 Forward-Looking Statements MVB Financial Corp. 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 press 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. Additional factors that may cause actual results to differ materially from those described in the forward-looking statements can be found in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, as well as its other filings with the SEC, which are available on the SEC's website at Except as required by law, the Company disclaims any obligation to update, revise, or correct any forward-looking statements.
Yahoo
19-02-2025
- Business
- Yahoo
MVB Financial Corp. Declares First Quarter 2025 Dividend
FAIRMONT, February 19, 2025--(BUSINESS WIRE)--MVB Financial Corp. (NASDAQ: MVBF) ("MVB Financial," "MVB," or the "Company") has declared a quarterly cash dividend of $0.17 per share, maintaining the dividend declared in the previous quarter for shareholders of record as of March 1, 2025, payable on March 15, 2025. This is the first quarterly dividend for 2025. "The fourth quarter marked the end of a pivotal transition year, during which we simplified our growth strategy and strengthened our team to make meaningful investments in the future," said CEO Larry F. Mazza. "Our laser focus on payments continues to drive meaningful progress, as we deliver innovative solutions to support our existing clients and grow revenue. With loan pipelines building and a renewed sense of optimism across the broader economy, MVB is well-positioned to adapt to future opportunities and create long-term value for our clients and stakeholders." 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 banking services to Fintech clients throughout the United States. For more information about MVB, please visit Forward-Looking Statements MVB Financial 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 press 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 are 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; impacts related to or resulting from recent bank failures and volatility; inability to achieve anticipated synergies and successfully integrate recent mergers and acquisitions; inability to successfully execute business plans, including strategies related to investments in Fintech companies; competition; the pace of recovery following the continued effects of the COVID-19 pandemic and its impact on the Company's business and financial condition; changes in economic, business, and political conditions; changes in demand for loan products and deposit flow; operational risks and risk management failures; and government regulation and supervision. Additional factors that may cause actual results to differ materially from those described in the forward-looking statements can be found in the Company's Annual Report on Form 10-K for the year ended December 31, 2022, as well as its other filings with the Securities and Exchange Commission ("SEC"), which are available on the SEC's website at Except as required by law, the Company disclaims any obligation to update, revise, or correct any forward-looking statements. View source version on Contacts MEDIA CONTACT Amy Baker VP, Corporate Communications & MarketingMVB Bankabaker@ (844) 682-2265 INVESTOR RELATIONS Marcie Lipscomb mlipscomb@ (844) 682-2265
