MainStreet Bancshares (NASDAQ:MNSB – Get Free Report) announced its quarterly earnings data on Monday. The company reported ($0.04) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.04), Zacks reports. The company 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 period last year, the firm posted $0.77 EPS.
MainStreet Bancshares Trading Up 1.4 %
Shares of MNSB opened at $17.84 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.09 and a current ratio of 1.09. MainStreet Bancshares has a fifty-two week low of $14.97 and a fifty-two week high of $25.97. The firm has a 50 day moving average price of $17.71 and a 200-day moving average price of $17.17. The firm has a market cap of $135.62 million, a price-to-earnings ratio of 14.87 and a beta of 0.56.
MainStreet Bancshares Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 19th. Shareholders of record on Tuesday, November 12th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.24%. The ex-dividend date is Tuesday, November 12th. MainStreet Bancshares’s dividend payout ratio (DPR) is presently 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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