MVB Financial Corp.
MVB Financial Corp. (NASDAQ: MVBF) is trading at $29.50, about ₹2,834 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.57% today. Indian residents can buy MVB Financial from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$29.35
Today's high
$29.80
52 week low
$23.99
52 week high
$31.99
MVBF opened at $29.80, closed previously at $29.67, and has traded between $23.99 and $31.99 over the past 52 weeks.
About
MVB Financial Corp. operates as a financial holding company, delivering a comprehensive suite of financial services to both individual consumers and corporate clients. The company serves customers across the Mid-Atlantic region and extends its reach internationally. Its operations are structured into three primary divisions: CoRe Banking, Mortgage Banking, and Financial Holding Company. Within its core banking offerings, MVB provides a variety of deposit accounts, including checking, savings, money market, and certificates of deposit. The company also extends credit solutions, such as commercial, consumer, and real estate mortgage loans, alongside various lines of credit. An array of supplementary banking services includes debit cards, cashier's checks, safe deposit box rentals, and non-deposit investment options. Notably, it also specializes in financial technology (Fintech) banking services. Beyond traditional banking, MVB Financial Corp. offers title insurance. It further provides an integrated range of services encompassing regulatory compliance, state licensing, financial crime prevention, and enterprise risk management; these solutions cover consulting, outsourcing, testing, and training. Moreover, the firm delivers customizable fraud prevention services designed for merchants, credit agencies, Fintech companies, and other vendors. It also engages in consulting for the development of online and mobile banking platforms and digital products for Fintech entities, concurrently undertaking software development projects. As of December 31, 2021, MVB maintained a physical presence with eight full-service branches, comprising six in West Virginia and two in Virginia. Established in 1997, the company's headquarters are situated in Fairmont, West Virginia.
Key statistics
Avg. volume
52.64K
Market cap
$379.07M
P/E Ratio
9.67
Price-to-sales ratio
1.73
Enterprise value
$124.26M
Free cash flow yield
-9.92%
Debt-to-equity ratio
0.17
Return on equity
11.57%
ROIC
1.09%
Beta
0.80
Dividend yield
2.31%
Last dividend
$0.68
Financial overview
Revenue
$270.44M
Earnings per share
$2.11
Free cash flow
$2.11M
Net profit margin
17.71%
Gross margin
63.26%
EBITDA
$39.45M
Revenue growth
18.96%
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This is not an investment recommendation
How to buy MVB Financial from India
Indian residents can buy MVB Financial shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for MVB Financial and place an order
Find MVB Financial by name or by its ticker, MVBF, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. MVB Financial trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your MVB Financial position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in MVB Financial from India
Trading and taxes when buying MVB Financial from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. MVB Financial’s current yield is 2.31%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy MVB Financial stock?
Yes. MVB Financial (MVBF) has been listed on NASDAQ since 2012, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one MVB Financial share cost in rupees?
One MVB Financial share is $29.50 — about ₹2,834 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the MVB Financial price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying MVB Financial from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of MVB Financial?
Yes. One MVB Financial share is $29.50, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in MVB Financial.
How are gains on MVB Financial shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the MVB Financial price. Paasa issues a capital-gains statement for your return.
Does MVB Financial pay a dividend, and how is it taxed in India?
Yes. MVB Financial pays a dividend and the current yield is 2.31%; the last declared dividend was $0.68 per share, about ₹65.32. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade MVB Financial from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on MVB Financial shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare MVB Financial shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your MVB Financial holding, its cost and its closing value.
How do I sell MVB Financial and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.