MainStreet Bancshares (MNSB) to Release Quarterly Earnings on Monday

MainStreet Bancshares (NASDAQ:MNSB) is anticipated to release its earnings data before the market opens on Monday, January 27th. Analysts expect MainStreet Bancshares to post earnings of $0.21 per share for the quarter.

MainStreet Bancshares (NASDAQ:MNSB) last announced its quarterly earnings results on Monday, October 28th. The company reported ($0.04) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.04). MainStreet Bancshares had a return on equity of 5.77% and a net margin of 8.34%. The company had revenue of $34.48 million during the quarter, compared to analysts’ expectations of $16.03 million. During the same quarter in the previous year, the firm earned $0.77 earnings per share. On average, analysts expect MainStreet Bancshares to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

MainStreet Bancshares Trading Up 3.9 %

NASDAQ:MNSB opened at $17.50 on Friday. The firm has a market cap of $133 million, a price-to-earnings ratio of 14.58 and a beta of 0.58. MainStreet Bancshares has a 12 month low of $14.97 and a 12 month high of $22.00. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.37. The company’s 50 day moving average is $18.15 and its 200-day moving average is $17.74.

MainStreet Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 19th. Stockholders of record on Tuesday, November 12th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date was Tuesday, November 12th. MainStreet Bancshares’s dividend payout ratio (DPR) is currently 33.33%.

Insider Activity

In other news, insider Michael B. Baboval sold 2,892 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $18.25, for a total transaction of $52,779.00. Following the sale, the insider now owns 4,392 shares of the company’s stock, valued at $80,154. This trade represents a 39.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders purchased a total of 743 shares of company stock valued at $13,966 in the last ninety days. 9.20% of the stock is owned by insiders.

MainStreet Bancshares Company Profile

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.