MainStreet Bancshares (MNSB) Set to Announce Quarterly Earnings on Monday

MainStreet Bancshares (NASDAQ:MNSB) will be releasing 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) last released its quarterly earnings data on Monday, July 29th. The company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). The company had revenue of $16.16 million for the quarter, compared to analysts’ expectations of $16.46 million. MainStreet Bancshares had a net margin of 12.99% and a return on equity of 9.00%. 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 Stock Performance

NASDAQ:MNSB opened at $17.99 on Friday. The firm has a market cap of $136.92 million, a PE ratio of 6.95 and a beta of 0.56. MainStreet Bancshares has a fifty-two week low of $14.97 and a fifty-two week high of $25.97. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.09 and a current ratio of 1.09. The business has a 50 day moving average price of $17.62 and a 200-day moving average price of $17.16.

MainStreet Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 16th. Stockholders of record on Friday, August 9th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date of this dividend was Friday, August 9th. MainStreet Bancshares’s dividend payout ratio (DPR) is presently 15.44%.

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.