MainStreet Bancshares (NASDAQ:MNSB) Announces Quarterly Earnings Results

by · The Cerbat Gem

MainStreet Bancshares (NASDAQ:MNSB – Get Free Report) announced its quarterly earnings data on Monday. The company reported ($0.04) earnings per share 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 firm had revenue of $34.48 million for the quarter, compared to analyst estimates of $16.03 million. During the same period in the previous year, the company earned $0.77 earnings per share.

MainStreet Bancshares Trading Down 0.9 %

MainStreet Bancshares stock opened at $17.60 on Wednesday. MainStreet Bancshares has a 52 week low of $14.97 and a 52 week high of $25.97. The stock has a 50-day moving average price of $17.68 and a 200 day moving average price of $17.17. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $133.80 million, a price-to-earnings ratio of 14.67 and a beta of 0.56.

About MainStreet Bancshares

(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.

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