Mainstreet Bank Common Stock (Virginia) (OTCMKTS:MNSB) Issues Earnings Results, Misses Expectations By $0.01 EPS

Mainstreet Bank Common Stock (Virginia) (OTCMKTS:MNSB) posted its earnings results on Tuesday. The company reported $0.43 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.44 by ($0.01), Fidelity Earnings reports. The company had revenue of $11.37 million for the quarter.

Shares of Mainstreet Bank Common Stock (Virginia) stock opened at $22.91 on Wednesday. The stock has a market capitalization of $189.65 million, a price-to-earnings ratio of 16.60 and a beta of 0.48. Mainstreet Bank Common Stock has a 1-year low of $18.30 and a 1-year high of $25.50. The firm’s 50-day moving average price is $22.93 and its two-hundred day moving average price is $21.91.

MNSB has been the topic of a number of analyst reports. TheStreet cut shares of Mainstreet Bank Common Stock (Virginia) from a “b-” rating to a “c” rating in a research note on Thursday, January 16th. Zacks Investment Research cut shares of Mainstreet Bank Common Stock (Virginia) from a “buy” rating to a “hold” rating in a research note on Thursday, December 19th.

About Mainstreet Bank Common Stock (Virginia)

MainStreet Bancshares, Inc operates as the bank holding company for MainStreet Bank that provides various banking services for businesses and individuals. It offers a range of deposit products, such as checking accounts, savings accounts, money market accounts, and certificate of deposits. The company also provides loans for construction, renovations and improvements, commercial real estate, rental property, working capital, business, and land loans, as well as government contract loans, line of credit or seasonal line of credit, mortgage loans, auto loans, and term loans.

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Earnings History for Mainstreet Bank Common Stock (Virginia) (OTCMKTS:MNSB)

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