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MainStreet Bank Q1 Earnings Call Highlights
MainStreet Bank logo Key Points MainStreet reported improving profitability with Q1 EPS $0.48, net interest margin expansion to 3.47% (core 3.54%), and earnings accretion from disciplined share repurchases totaling over 482,000 shares. Man…
MainStreet Bancshares schedules quarterly earnings call for July 22
MainStreet Bancshares, Inc. (NASDAQ:MNSB) announced Tuesday that it will hold a virtual webcast and conference call to discuss its second quarter results and provide an update on recent activities. The event is scheduled for Tuesday, July…
MainStreet Bancshares Names Two Senior Technology Executives
Appointments Reflect Bank's Pacesetting Tradition in Tech Leadership FAIRFAX, Va., Feb. 15, 2023 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, announced two key appointments to…
MainStreet Bancshares, Inc. Declares Quarterly Dividend of 10 Cents a Common Share
To Be Paid February 10, 2023, to Shareholders of Record February 3, 2023 FAIRFAX, Va., Jan. 26, 2023 /PRNewswire/ -- The board of directors of MainStreet Bancshares Inc. (Nasdaq: MNSB) and (Nasdaq: MNSBP), the parent company of MainStreet…
MainStreet Bancshares Achieves Record Results for 2022
Company's Net Income Climbs 20% to $26.7 Million; NIM Reaches 4.19% FAIRFAX, Va., Jan. 23, 2023 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, reported record net income of $26.…
MainStreet Bancshares Inc. Increases Dividend to 10 Cents a Common Share
To be paid November 10, 2022, to shareholders of Record November 4, 2022 FAIRFAX, Va., Nov. 1, 2022 /PRNewswire/ -- The board of directors of MainStreet Bancshares Inc., (NASDAQ: MNSB) the parent company of MainStreet Bank, declared a cash…
MainStreet Bancshares, Inc. Reports Strong Earnings
Net interest margin fueled record financial performance as measured by multiple 3rd quarter 2022 key metrics: 1.70% Return on average assets 16.13% Return on average equity 4.14% Net interest margin $0.97 Per-share earnings (basic and dilu…
MainStreet Bank Recognized for Top 10% Performance Among Its Peer Group
CB Top Ten™ Scorecard Ranks MainStreet Bank 29thof 599 Banks with Assets of $1B to $5B FAIRFAX, Va., Aug. 31, 2022 /PRNewswire/ -- MainStreet Bank, the wholly owned subsidiary of MainStreet Bancshares, Inc. (NASDAQ: MNSB) (NASDAQ: MNSBP),…
What Kind Of Shareholders Hold The Majority In MainStreet Bancshares, Inc.'s (NASDAQ:MNSB) Shares?
A look at the shareholders of MainStreet Bancshares, Inc. (NASDAQ:MNSB) can tell us which group is most powerful. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholder…
MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise
FAIRFAX, Va., July 25, 2022 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, said its net interest margin widened as rates climbed in recent months, driving strong net income for…
MainStreet Bank Named to American Banker's Top 200 Community Banks in the U.S.
Honors Recognize Excellence in Three-Year Return on Average Equity FAIRFAX, Va., June 14, 2022 /PRNewswire/ -- MainStreet Bank, the wholly owned subsidiary of MainStreet Bancshares Inc., (NASDAQ: MNSB & MNSBP) has been honored as one of Am…
Investors in MainStreet Bancshares (NASDAQ:MNSB) have made a decent return of 60% over the past five years
If you buy and hold a stock for many years, you'd hope to be making a profit. Better yet, you'd like to see the share price move up more than the market average. But MainStreet Bancshares, Inc. (NASDAQ:MNSB) has fallen short of that second…
MainStreet Bank Promotes Tom Floyd to Chief Lending Officer
Five-Year Veteran of Bank Oversees Growing $1.4 Billion Loan Portfolio FAIRFAX, Va., May 26, 2022 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, announced it has promoted Tom Fl…
MainStreet Bancshares CEO takes on additional role
There’s a new president at MainStreet Bancshares Inc., the holding company of MainStreet Bank, though it’s not a new face — the company's board has named Jeff Dick, its CEO and chairman, as president of the parent company as well. The elec…
MainStreet Bancshares, Inc. Reports Robust Loan and Net Income Growth
FAIRFAX, Va., April 19, 2022 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, reported robust net income for the first quarter of 2022, said it is positioned favorably for rising…
MainStreet Bancshares, Inc. Receives Investment Grade Rating from Egan-Jones
FAIRFAX, Va., March 3, 2022 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, announced the company has received an investment grade rating of A from Egan-Jones Ratings Company. Ma…
Is MainStreet Bancshares, Inc.'s (NASDAQ:MNSB) Shareholder Ownership Skewed Towards Insiders?
If you want to know who really controls MainStreet Bancshares, Inc. (NASDAQ:MNSB), then you'll have to look at the makeup of its share registry. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to h…
MainStreet Bank launches share buyback after record earnings
Fairfax’s MainStreet Bancshares Inc. (NASDAQ: MNSB) has repurchased 50,000 shares of its stock, following months after the bank reported record net income at the end of 2021. The holding company of MainStreet Bank has a share repurchase pr…
FAIRFAX, Va., Feb. 9, 2022 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, repurchased 50,000 shares of the common stock of MainStreet Bancshares, Inc. (the "Company") in open ma…
Walnut Creek, CA, based Investment company JCSD Capital, LLC (Current Portfolio) buys Coastal Financial Corp, MVB Financial Corp, MainStreet Bancshares Inc, First Internet Bancorp, Metropolitan Bank Holding Corp, sells United Bancorp Of Al…
MainStreet Bancshares, Inc. Reports First Cash Dividend
FAIRFAX, Va., Jan. 25, 2022 /PRNewswire/ -- The Board of Directors of MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, declared a dividend of $0.05 per share on the outstanding shares of the comm…
MainStreet Bancshares, Inc. Reports Another Record Year
Bank Nets $22.2 Million and Improves Net Interest Margin FAIRFAX, Va., Jan. 20, 2022 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, reported record net income of $22.2 million f…
MainStreet Bancshares (NASDAQ:MNSB) shareholders have earned a 12% CAGR over the last five years
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore, you'd generally like to see the share price rise faster than the market. Unfortunately for shareholders, while the MainStree…
TERRY SAEGER RECOGNIZED AS NACD DIRECTORSHIP CERTIFIED™
Certified Board Members Demonstrate Their Commitment to Elevating Board Leadership FAIRFAX, Va., Dec. 10, 2021 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB), parent company of MainStreet Bank, announces that the National Assoc…
MainStreet Bank Unveils Avenu™ Platform to Serve Fintech Partners
Solution Leverages MNSB's Experience in Providing 'Banking as a Service' FAIRFAX, Va., Oct. 25, 2021 /PRNewswire/ -- MainStreet Bank announces the launch of Avenu™, a transformative technology solution designed to meet the diverse banking…
MainStreet Bank Selects Alkami to Power Its Digital Banking Transformation
The dynamic digital platform for both mobile and desktop applications will extend the bank's superior customer experience into the digital banking channel PLANO, Texas, Oct. 20, 2021 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) (…
MainStreet Bancshares, Inc. Reports Record Strong and Steady Third Quarter 2021 Earnings
FAIRFAX, Va., Oct. 19, 2021 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, reported net income of $4.8 million for the third quarter of 2021. Year-to-date net income through Sep…
Here's Why We Think MainStreet Bancshares (NASDAQ:MNSB) Is Well Worth Watching
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks with a good story, even if those businesses lose money. But as Warren Buffett has mused, 'If you've been playing poker f…
MainStreet Bank Promotes Youngren to President of Banking as a Service Division
Avenu™ Targets Banking as a Service for Fintech Partners FAIRFAX, Va., Sept. 28, 2021 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank announced the promotion of Todd Youngren to t…
Is MainStreet Bancshares, Inc.'s (NASDAQ:MNSB) Shareholder Ownership Skewed Towards Insiders?
If you want to know who really controls MainStreet Bancshares, Inc. (NASDAQ:MNSB), then you'll have to look at the makeup of its share registry. Generally speaking, as a company grows, institutions will increase their ownership. Conversely…
MainStreet Bancshares, Inc. Appoints Rafael E. DeLeon to Board of Directors
Veteran Banking Supervisor Brings Three Decades of Community Banking Focus FAIRFAX, Va., July 23, 2021 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB), parent company of MainStreet Bank, announces the appointment of a veteran ba…
MainStreet Bancshares, Inc. Reports Record Second Quarter 2021 Earnings
FAIRFAX, Va., July 20, 2021 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, reported net income of $7.1 million for the second quarter of 2021. This represents a 16.3% Return on…
MainStreet Bancshares (NASDAQ:MNSB) Shareholders Booked A 98% Gain In The Last Five Years
The main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share price rise faster than the market But MainStreet Bancshares, Inc. (NASDAQ:MNSB) has fallen short of that second goal, with a…
MainStreet Bancshares (NASDAQ:MNSB) Shareholders Booked A 98% Gain In The Last Five Years
The main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share price rise faster than the market But MainStreet Bancshares, Inc. (NASDAQ:MNSB) has fallen short of that second goal, with a…
MainStreet Bancshares, Inc. Reports Strong First Quarter 2021 Earnings
FAIRFAX, Va., April 21, 2021 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, reported net income of $5.5 million for the first quarter of 2021. Net income of $5.5 million represe…
MainStreet Bancshares, Inc. Reports Strong First Quarter 2021 Earnings
FAIRFAX, Va., April 21, 2021 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, reported net income of $5.5 million for the first quarter of 2021. Net income of $5.5 million represe…