MVB Financial Corp.
Industry Group: Banks
Country/Region: United States of America
Identifier: NAS:MVBF
MVB Financial Corp is a bank holding company. The company provides Personal banking, Business banking, and Fintech solutions. The group has identified three reportable segments: CoRe Banking, Mortgage Banking, and Financial Holding Company. The majority of ts revenue generated from the CoRe Banking segment, which includes the Fintech division, represents banking products and services offered to customers by the Bank, loans, and deposit accounts. Revenue from banking activities consists of interest earned on loans and investment securities and service charges on deposit accounts.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 815 out of 1039
Universe
Global Universe 10843 out of 15172
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Chemung Financial Corp. |
30.1
High
|
750 out of 1039 |
| Middlefield Banc Corp. |
30.4
High
|
774 out of 1039 |
| Norwood Financial Corp. |
30.8
High
|
795 out of 1039 |
| MVB Financial Corp. |
31.2
High
|
815 out of 1039 |
| Parke Bancorp, Inc. |
36.2
High
|
997 out of 1039 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.