MVB Financial Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 29.58 million compared to USD 26.66 million a year ago. Net income was USD 8.11 million compared to USD 2.96 million a year ago. Basic earnings per share from continuing operations was USD 0.64 compared to USD 0.2 a year ago. Diluted earnings per share from continuing operations was USD 0.63 compared to USD 0.19 a year ago. Basic earnings per share was USD 0.64 compared to USD 0.24 a year ago. Diluted earnings per share was USD 0.63 compared to USD 0.23 a year ago.
For the six months, net interest income was USD 62.31 million compared to USD 48.51 million a year ago. Net income was USD 19.45 million compared to USD 5.82 million a year ago. Basic earnings per share from continuing operations was USD 0.84 compared to USD 0.37 a year ago. Diluted earnings per share from continuing operations was USD 0.82 compared to USD 0.35 a year ago. Basic earnings per share was USD 1.54 compared to USD 0.48 a year ago. Diluted earnings per share was USD 1.5 compared to USD 0.45 a year ago.