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Mainstreet Bancshares Inc   (MNSB)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $17.5400 $0.29 1.681%
Day's High: $17.675 Week Perf: 5.03 %
Day's Low: $ 17.06 30 Day Perf: 4.03 %
Volume (M): 14 52 Wk High: $ 25.97
Volume (M$): $ 242 52 Wk Avg: $20.83
Open: $17.29 52 Wk Low: $14.97



 Market Capitalization (Millions $) 135
 Shares Outstanding (Millions) 8
 Employees -
 Revenues (TTM) (Millions $) 73
 Net Income (TTM) (Millions $) 22
 Cash Flow (TTM) (Millions $) -101
 Capital Exp. (TTM) (Millions $) 6

Mainstreet Bancshares Inc
Mainstreet Bancshares Inc is a financial holding company that provides banking services through its subsidiary, Mainstreet Bank. The bank offers a wide range of financial products and services, including commercial and personal banking, mortgage lending, wealth management, and online and mobile banking solutions.

Headquartered in Fairfax, Virginia, Mainstreet Bancshares Inc operates multiple branch locations in the Washington, D.C. metropolitan area. The company focuses on serving small and medium-sized businesses, professionals, and individuals in the local community.

Mainstreet Bancshares Inc prides itself on its strong customer relationships, personalized service, and innovative solutions. The company has a team of experienced bankers who work closely with clients to understand their unique needs and provide tailored financial solutions. Mainstreet Bank also emphasizes community involvement through charitable giving and volunteer work.


   Company Address: 10089 Fairfax Boulevard Fairfax 22030 VA
   Company Phone Number: 481-4567   Stock Exchange / Ticker: NASDAQ MNSB
   


   

Stock Performances by Major Competitors

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Mainstreet Bancshares Inc

Mainstreet Bancshares Inc. Ends Fiscal Quarter with Impressive Growth and Demand for Fiscal Period Ending Mar 31, 2024



As Mainstreet Bancshares Inc closes its fiscal three months ending March 31, 2024, the company has reported a significant downturn in financial performance. The staggering -24.538% decline in revenue has caused a corresponding drop in earnings by -64.36%. These results are concerning, considering the company posted $21.81 million in revenue the previous year.
Revenue Decline and Earnings Plunge:
Mainstreet Bancshares Inc's financials for the current fiscal period reveal a substantial revenue decline compared to the previous year. Revenue has fallen by -24.538%, reaching $16.46 million. This stark decrease emphasizes the challenges the company has faced in generating consistent returns.

Mainstreet Bancshares Inc

Mainstreet Bancshares Inc Faces Challenges with Decline in Financial Performance

Financial news report:
Mainstreet Bancshares Inc Reports Decrease in Revenue and Profitability
In the latest financial report released on December 31, 2023, Mainstreet Bancshares Inc (MNSB) reported a decline in both top-line and bottom-line figures. The net profit per share dropped by 35.69% compared to the previous year, while revenue decreased by 15.26%.
During this period, revenue was recorded at $17.40 million, down from $20.54 million in the same period the previous year. Similarly, the earnings per share (EPS) dropped to $0.61 compared to $0.95 in the comparable three months a year before.
This decline in performance is an extension of the previous trend, where income declined by 20.9% from $0.77 per share, and revenue deteriorated by 9.764% from $19.29 million.
For the financial period ending December 31, 2023, Mainstreet Bancshares Inc's earnings declined by 32.08%, with a net profit of $5.147 million compared to $7.578 million in the corresponding period the previous year.
In terms of profitability, the operating margin also experienced a decline, mitigating to 36.02%, while the net margin shrank to 29.58%. Operating earnings fell by 36.24% to $6.268 million, which contributed to the decrease in the operating margin from 47.86% in the fourth quarter of 2022.

Mainstreet Bancshares Inc

Mainstreet Bancshares Inc Faces a Steep -20.62% Decline in EPS, Signaling a Challenging Third Quarter of 2023

Mainstreet Bancshares Inc's Disappointing Earnings Point to Bleak Outlook
Mainstreet Bancshares Inc recently announced its financial results for the third quarter of 2023, and the numbers were far from impressive. The company's earnings per share (EPS) deteriorated by a significant -20.62% to $0.77, compared to $0.97 in the same period last year. Additionally, their revenue decreased by -0.813% to just $19.29 million, demonstrating a lackluster performance.
What makes matters worse is that while Mainstreet Bancshares Inc posted disappointing financial results, the remainder of the regional banks sector recorded a revenue growth in the same quarter. This indicates that Mainstreet Bancshares Inc is lagging behind its competitors, despite the general market conditions being conducive to growth.

Mainstreet Bancshares Inc

Mainstreet Bancshares Inc: Explosive Revenue and Profits Surge in Latest Fiscal Quarter

Mainstreet Bancshares Inc, a regional bank, recently delivered notable financial results for its most recent fiscal period. The company's revenue and profits have advanced significantly, with revenue rising by 15.013% to $19.44 million compared to the prior year period. Additionally, the company's income increased by 19.72% to $0.85 per share.
However, Mainstreet Bancshares Inc's revenue surge falls short of the 15.16% growth recorded by the rest of the regional banks sector in the second quarter of 2022. The company's earnings per share (EPS) also experienced a decline of -15.84% from the prior reporting season, dropping from $1.01 per share, while revenue deteriorated by -10.857% from $21.81 million.

Mainstreet Bancshares Inc

Mainstreet Bancshares Inc Achieves Record-Breaking First Quarter with Exceptional 15.05% Return on Equity (ROE)

Mainstreet Bancshares Inc has had a remarkable first quarter in 2023! With a 15.05% return on equity (ROE), the company has exceeded its previous record and surpassed expectations. This increase is due to higher net income growth compared to the fourth quarter of 2022, which has been a significant factor in bolstering the company's performance in the first quarter.
While there are 40 other companies in the Regional Banks industry with a higher return on equity, Mainstreet Bancshares Inc is quickly climbing the ranks. Overall, the company's ROE ranking has improved from 1243 in the fourth quarter of 2022 to 790, demonstrating the company's impressive progress in a short amount of time.






 

Mainstreet Bancshares Inc's Segments
 
 
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  Revenue Outlook
Mainstreet Bancshares Inc does not provide revenue guidance.

Earnings Outlook
Mainstreet Bancshares Inc does not provide earnings estimates.

 
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