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 824 out of 1024
Universe
Global Universe 10796 out of 14948
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Norwood Financial Corp. |
30.8
High
|
803 out of 1024 |
MVB Financial Corp. |
31.2
High
|
824 out of 1024 |
Evans Bancorp, Inc. |
31.3
High
|
834 out of 1024 |
Penns Woods Bancorp, Inc. |
35
High
|
964 out of 1024 |
Parke Bancorp, Inc. |
36.2
High
|
985 out of 1024 |
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