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MainStreet Bancshares (NASDAQ:MNSB) Issues Quarterly Earnings Results, Meets Estimates

MainStreet Bancshares logo with Finance background

MainStreet Bancshares (NASDAQ:MNSB - Get Free Report) issued its quarterly earnings data on Monday. The company reported ($0.04) earnings per share (EPS) for the quarter, meeting the consensus estimate 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 last year, the company earned $0.77 earnings per share.

MainStreet Bancshares Stock Down 0.9 %

NASDAQ:MNSB traded down $0.16 during trading hours on Tuesday, hitting $17.60. The stock had a trading volume of 6,509 shares, compared to its average volume of 23,660. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.37. MainStreet Bancshares has a 1-year low of $14.97 and a 1-year high of $25.97. The business has a 50 day simple moving average of $17.68 and a two-hundred day simple moving average of $17.17. The company has a market cap of $133.80 million, a PE 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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Earnings History for MainStreet Bancshares (NASDAQ:MNSB)

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