MainStreet Bancshares (MNSB) Scheduled to Post Earnings on Monday

Posted by Defense World Staff on Oct 21st, 2024

MainStreet Bancshares (NASDAQ:MNSB – Get Free Report) will release its earnings data before the market opens on Monday, October 28th. Analysts expect MainStreet Bancshares to post earnings of $0.36 per share for the quarter.

MainStreet Bancshares (NASDAQ:MNSB – Get Free Report) last posted its quarterly earnings data on Monday, July 29th. The company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.05). MainStreet Bancshares had a return on equity of 9.00% and a net margin of 12.99%. The firm had revenue of $16.16 million for the quarter, compared to analysts’ expectations of $16.46 million. 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 Price Performance

Shares of MainStreet Bancshares stock opened at $18.81 on Monday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.09 and a quick ratio of 1.09. The business has a 50 day simple moving average of $17.52 and a two-hundred day simple moving average of $17.14. The stock has a market capitalization of $143.16 million, a P/E ratio of 7.26 and a beta of 0.56. MainStreet Bancshares has a 12 month low of $14.97 and a 12 month high of $25.97.

MainStreet Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 16th. Investors of record on Friday, August 9th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.13%. The ex-dividend date of this dividend was Friday, August 9th. MainStreet Bancshares’s dividend payout ratio is currently 15.44%.

MainStreet Bancshares Company Profile

(Get Free Report)

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.