MVB Financial Appoints Dr. Kelly R. Nelson as Chairman of the Board
The Board of Directors of MVB Financial Corp. announced that Dr. Kelly R. Nelson has been named Chairman of the Board and announced the appointment of Adam Famularo as a Member of the Board, effective February 17, 2026. Dr. Nelson, who has been a member of the Board since 2004, replaces retiring Chairman W. Marston "Marty" Becker. "Dr. Nelson brings a combination of medical expertise, business acumen and deep community commitment to his new role as Chairman," said Larry F. Mazza, CEO and President, MVB Financial. "His experience makes him uniquely suited for this leadership role. Dr. Nelson previously chaired MVB's Board Risk and Compliance Committee, directly supervising these functions for the Bank and helping our enterprise rise to the next level. In addition, Dr. Nelson assisted MedExpress urgent care scale to national prominence."
Trade with 70% Backtested Accuracy
Analyst Views on MVBF
About MVBF
About the author

- Conference Recap: The Banking Virtual Investor Conference held on March 26, 2026, is now available for on-demand viewing, featuring presentations and live Q&A sessions from executives of regional and community banking institutions across the U.S., enhancing investor understanding of the banking sector.
- Keynote Highlights: Kara Kennedy of ClearTrust LLC delivered a keynote titled “The Community Bank Paradox: Why Banks That Value Shareholders Most Often Serve Them Least,” prompting attendees to reflect on banking governance and shareholder value.
- Investor Interaction Opportunities: Participating companies are accepting one-on-one management meeting requests until March 31, allowing investors to arrange direct communication with executives, thereby improving the effectiveness of investment decisions.
- Resource Accessibility: Investors, advisors, and analysts can access conference presentations and investor materials 24/7 for 90 days, ensuring flexibility and timeliness in information retrieval, which facilitates better investment decision-making.
- Event Recap: The Banking Virtual Investor Conference held on March 26, 2026, is now available for on-demand viewing, allowing participants to access content at their convenience for 90 days, enhancing interaction between investors and companies.
- Keynote Insights: Kara Kennedy from ClearTrust LLC delivered a keynote titled 'The Community Bank Paradox,' highlighting that banks prioritizing shareholders often fail to serve them effectively, providing critical insights into the industry.
- Company Participation: Several regional and community banks, including MVB Financial Corp. and Alpine Banks of Colorado, participated in the conference, showcasing their latest investor materials and facilitating direct communication with investors.
- 1x1 Meeting Arrangements: Participating companies are accepting management meeting requests until March 31, further promoting the establishment and maintenance of investor relations.
- Investor Conference Details: MVB Financial Corp's CEO Larry F. Mazza and CFO Mike Sumbs will present live at the Virtual Investor Conference on March 26, 2026, from 10:00 to 10:30 AM ET, providing an opportunity for real-time interaction with investors, aimed at enhancing communication between the company and its stakeholders.
- Registration Recommendations: Online investors are encouraged to pre-register and conduct a system check to expedite participation and receive event updates, which will help improve attendance rates and investor satisfaction during the conference.
- Fintech Bank Advantages: As an innovative bank, MVB Financial focuses on providing solutions such as payments, card issuance, and online gaming to leading fintech companies, showcasing strong market competitiveness and growth potential, particularly against the backdrop of expanding market demand.
- Core Profitability Improvement: With the gradual advancement of fintech and traditional commercial banking initiatives, MVB's core profitability is improving, which is expected to present a higher valuation re-rating opportunity, especially given the current discount of its shares compared to fintech peers.
- Executive Appointment: MVB Financial Corp. has appointed Monica L. Tressler as Chief Deposit Officer, leveraging over 20 years of commercial banking leadership experience to develop and implement strategies aimed at enhancing deposit growth and client relationships, thereby ensuring the profitability and competitiveness of deposit products.
- Team Leadership: In her role at MVB, Tressler will lead multiple teams, including Banking Centers and Commercial Deposits & Treasury Management Services, with the goal of driving growth in deposit-related activities through effective team collaboration, which is crucial for strengthening the company's market position.
- Community Engagement: Tressler is actively involved in community service, supporting organizations such as 100 Women Strong and the Northern Virginia Chamber, reflecting her commitment to social responsibility while enhancing MVB's brand image in the local community.
- Forward-Looking Strategy: MVB Financial's appointment of Tressler underscores its forward-thinking and innovative capabilities in the financial services sector, aiming to tackle future market challenges through ongoing client relationship management and service excellence.
- Quarterly Cash Dividend: MVB Financial Corp. has declared a cash dividend of $0.17 per share, consistent with the previous quarter, indicating the company's stable financial position and commitment to shareholder returns.
- Dividend Payment Date: The dividend will be payable on March 15, 2026, for shareholders of record as of March 1, 2026, ensuring timely returns for investors and bolstering investor confidence.
- Strong Business Momentum: CEO Larry F. Mazza noted that MVB delivered solid fourth-quarter results for 2025, demonstrating significant progress in strategic execution and profitability enhancement.
- Future Outlook: MVB Financial is focused on enhancing profitability, which is expected to lay a solid foundation for business growth in 2026 and beyond, reflecting the company's positive outlook on future market opportunities.
- Board Leadership Change: MVB Financial Corp. has appointed Dr. Kelly R. Nelson as the new Chairman of the Board, succeeding the retiring W. Marston Becker; Nelson, a board member since 2004, brings extensive medical and business expertise that is expected to enhance corporate governance and compliance.
- New Board Member: Adam Famularo joins the Board, bringing extensive experience in financial technology and artificial intelligence, having served as CEO of WorkFusion; his strategic insights are anticipated to guide MVB through the evolving financial landscape.
- Community Engagement and Expertise: Dr. Nelson's strong medical background and leadership at MedExpress provide a unique advantage in fostering community ties, which may enhance MVB's trust and brand image among clients.
- Future Growth Outlook: Famularo's addition aligns with MVB's growth strategy, as his expertise in financial crime compliance is expected to support the company's sustainable development in a highly competitive market.









