MainStreet Bancshares (NASDAQ:MNSB) Issues Quarterly Earnings Results

MainStreet Bancshares (NASDAQ:MNSB) posted its quarterly earnings data on Monday. The company reported ($0.04) EPS for the quarter, meeting analysts’ consensus estimates 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 the consensus estimate of $16.03 million. During the same quarter in the prior year, the company posted $0.77 EPS.

MainStreet Bancshares Trading Down 1.3 %

Shares of MNSB traded down $0.23 during mid-day trading on Tuesday, reaching $17.76. The company had a trading volume of 6,122 shares, compared to its average volume of 23,743. MainStreet Bancshares has a fifty-two week low of $14.97 and a fifty-two week high of $25.97. The firm has a fifty day simple moving average of $17.66 and a 200-day simple moving average of $17.16. The stock has a market cap of $135.17 million, a price-to-earnings ratio of 6.86 and a beta of 0.56. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.37.

About MainStreet Bancshares

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.