MainStreet Bancshares (NASDAQ:MNSB - Get Free Report) announced its quarterly earnings data on Monday. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.04, Zacks reports. The company had revenue of $17.45 million for the quarter, compared to analysts' expectations of $18.00 million. MainStreet Bancshares had a negative net margin of 7.24% and a positive return on equity of 2.96%.
MainStreet Bancshares Stock Performance
NASDAQ:MNSB traded down $0.06 during mid-day trading on Friday, reaching $18.65. The stock had a trading volume of 68,874 shares, compared to its average volume of 18,501. MainStreet Bancshares has a twelve month low of $14.97 and a twelve month high of $20.88. The business has a 50 day simple moving average of $16.56 and a 200 day simple moving average of $17.39. The firm has a market capitalization of $143.66 million, a price-to-earnings ratio of -11.58 and a beta of 0.43. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.08 and a current ratio of 1.08.
MainStreet Bancshares Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 20th. Investors of record on Friday, May 9th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, May 9th. This represents a $0.40 annualized dividend and a yield of 2.14%. MainStreet Bancshares's dividend payout ratio is currently -23.26%.
About MainStreet Bancshares
(
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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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