MainStreet Bancshares (NASDAQ:MNSB) Announces Earnings Results

MainStreet Bancshares (NASDAQ:MNSBGet Free Report) released its earnings results on Monday. The company reported ($0.04) EPS for the quarter, hitting the consensus estimate of ($0.04), Zacks reports. MainStreet Bancshares had a net margin of 12.99% and a return on equity of 9.00%. The company had revenue of $34.48 million during the quarter, compared to analysts’ expectations of $16.03 million. During the same quarter last year, the business earned $0.77 EPS.

MainStreet Bancshares Price Performance

Shares of NASDAQ:MNSB opened at $17.60 on Wednesday. MainStreet Bancshares has a 52 week low of $14.97 and a 52 week high of $25.97. The company has a 50-day moving average price of $17.68 and a 200 day moving average price of $17.17. The company has a market cap of $133.80 million, a P/E ratio of 14.67 and a beta of 0.56. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.37.

MainStreet Bancshares Company Profile

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MainStreet Bancshares, Inc operates as the bank holding company for MainStreet Bank that provides various banking products and services for individuals, small to medium-sized businesses, and professional service organizations. The company offers demand, NOW, money market, savings, and sweep accounts, as well as certificates of deposit; business and consumer checking, interest-bearing checking, business account analysis, and other depository services; and cash management, wire transfer, check imaging, bill pay, remote deposit capture, and courier services.

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Earnings History for MainStreet Bancshares (NASDAQ:MNSB)

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