MainStreet Bancshares (NASDAQ:MNSB) Issues Earnings Results

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MainStreet Bancshares (NASDAQ:MNSB) posted its earnings results on Tuesday. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.17, Fidelity Earnings reports. MainStreet Bancshares had a return on equity of 8.22% and a net margin of 17.17%.

MNSB stock traded up $0.01 during mid-day trading on Thursday, reaching $21.21. The company had a trading volume of 63 shares, compared to its average volume of 25,156. The stock has a market capitalization of $160.01 million, a P/E ratio of 15.16 and a beta of 0.48. MainStreet Bancshares has a one year low of $11.75 and a one year high of $22.06. The stock’s 50-day simple moving average is $20.81 and its two-hundred day simple moving average is $18.06.

Separately, Zacks Investment Research cut MainStreet Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 24th.

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 primarily in Northern Virginia and the greater Washington, the District of Columbia metropolitan area.

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Earnings History for MainStreet Bancshares (NASDAQ:MNSB)

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