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 897 out of 1052
Universe
Global Universe 12120 out of 16216
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
The Yamagata Bank, Ltd. |
27.5
Medium
|
623 out of 1052 |
The Tochigi Bank, Ltd. |
29.1
Medium
|
753 out of 1052 |
Southern States Bancshares, Inc. |
30.4
High
|
843 out of 1052 |
Southern First Bancshares, Inc. |
31.1
High
|
894 out of 1052 |
MVB Financial Corp. |
31.2
High
|
897 out of 1052 |
For corporate professionals interested in direct competitor insights
Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
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.
MVB Financial Corp.'s Exposure is Medium
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.
MVB Financial Corp.'s Management of ESG Material Risk is Average