MainStreet Bancshares - MNSB Stock Forecast, Price & News

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, remote deposit capture, and courier services. It also provides commercial loans, including government contract receivables, plant and equipment, general working capital, contract administration, and acquisition loans; commercial real estate, real estate construction, and residential real estate loans; and consumer loans comprising term loans and overdraft protection, as well as debit and credit cards. In addition, the company provides deposit insurance solutions; remote deposit of checks; and internet bill payment, online cash management, and online and mobile banking services. As of March 18, 2022, it operated six branches in Herndon, Fairfax, McLean, Leesburg, Clarendon, and Washington D.C., as well as 55,000 automated teller machines. MainStreet Bancshares, Inc. was incorporated in 2003 and is headquartered in Fairfax, Virginia.

MainStreet Bancshares Price Performance

Shares of NASDAQ:MNSB traded up $0.05 on Tuesday, hitting $23.70. The company's stock had a trading volume of 11,882 shares, compared to its average volume of 12,028. The company has a 50-day simple moving average of $23.22 and a 200 day simple moving average of $24.16. MainStreet Bancshares has a 1 year low of $20.77 and a 1 year high of $26.85. The company has a market capitalization of $179.08 million, a PE ratio of 9.60 and a beta of 0.44. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.04 and a quick ratio of 1.04.

MainStreet Bancshares (NASDAQ:MNSB - Get Rating) last released its quarterly earnings results on Monday, July 25th. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.06. MainStreet Bancshares had a return on equity of 13.10% and a net margin of 28.43%. Sell-side analysts forecast that MainStreet Bancshares will post 2.63 EPS for the current fiscal year.

MainStreet Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 11th. Investors of record on Thursday, August 4th will be issued a dividend of $0.05 per share. The ex-dividend date is Wednesday, August 3rd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.84%. MainStreet Bancshares's dividend payout ratio is 8.10%.