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, hitting analysts’ consensus estimates of ($0.04), Zacks reports. The business had revenue of $34.48 million for the quarter, compared to analysts’ expectations of $16.03 million. MainStreet Bancshares had a return on equity of 9.00% and a net margin of 12.99%. During the same quarter in the prior year, the firm posted $0.77 EPS.
MainStreet Bancshares Price Performance
MNSB traded up $0.24 during trading on Wednesday, reaching $17.84. 6,216 shares of the company were exchanged, compared to its average volume of 23,577. The company’s 50-day moving average is $17.68 and its two-hundred day moving average is $17.17. The company has a market cap of $135.62 million, a price-to-earnings ratio of 14.87 and a beta of 0.56. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.37. MainStreet Bancshares has a 12-month low of $14.97 and a 12-month high of $25.97.
MainStreet Bancshares Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 19th. Investors of record on Tuesday, November 12th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $0.40 dividend on an annualized basis and a yield of 2.24%. MainStreet Bancshares’s dividend payout ratio (DPR) is 33.33%.
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.
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