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 community banking, mortgage banking, insurance and wealth management services to individuals and corporate clients in the Mid-Atlantic region. The Bank offers its customers various products, such as checking accounts, negotiable order of withdrawal (NOW) accounts, money market and savings accounts, time certificates of deposit, commercial, installment, commercial real estate and residential real estate mortgage loans, debit cards, and safe deposit rental facilities. MVB has three reportable segments: CoRe banking; mortgage banking and the financial holding company. It generates majority of its revenues from its CoRe banking segment.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 858 out of 1026
Universe
Global Universe 11051 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Bank of The Ryukyus, Ltd. |
28.7
Medium
|
679 out of 1026 |
| Fidelity Bank Plc |
29.1
Medium
|
708 out of 1026 |
| The Fukui Bank, Ltd. |
30.1
High
|
792 out of 1026 |
| MVB Financial Corp. |
31.2
High
|
858 out of 1026 |
| Parke Bancorp, Inc. |
32
High
|
889 out of 1026 |
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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.