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MVB in West Virginia will gain a 47% stake in the partnership in exchange for contributing its mortgage unit's assets to the new company.March 3
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The move will allow MVB to devote more resources to Northern Virginia and its fintech business.November 22
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United Bankshares in West Virginia was willing to pay a healthy premium for Carolina Financial, one of a dwindling number of available banks with more than $4 billion in assets.November 18
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The company will pay $1.1 billion for Carolina Financial in Charleston, S.C., in a deal that will add nearly $5 billion in assets.November 18
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The company will pay $29 million for Cornerstone Financial Services.September 18
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The West Virginia company, which invests heavily in fintech firms, bought Chartwell Compliance in Maryland.September 16
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A company that operates mostly in rural markets is finally making a push into the thriving mid-Atlantic markets of Washington and Baltimore with its deal for Old Line Bancshares.July 24
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WesBanco, which is based in West Virginia, will have more than $15 billion in assets when it completes the acquisition.July 23
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The company will record a $2.1 million pretax gain in the second quarter after selling Summit Insurance Services to the Hilb Group.May 6
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The company, which has invested $3 million in fintech in recent years, said the value of the portfolio is nearing $14 million.April 30
