MainStreet Bancshares (MNSBP) Set to Announce Earnings on Tuesday

MainStreet Bancshares (NASDAQ:MNSBP) will likely be announcing its results before the market opens on Tuesday, October 20th. Analysts expect MainStreet Bancshares to post earnings of $0.58 per share and revenue of $21.80 million for the quarter.

MainStreet Bancshares Stock Up 3.2%

MNSBP opened at $25.12 on Friday. The stock has a 50-day moving average price of $25.16 and a 200-day moving average price of $25.11. MainStreet Bancshares has a 1 year low of $23.22 and a 1 year high of $27.74.

MainStreet Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 7.5%. The ex-dividend date of this dividend was Tuesday, September 15th.

MainStreet Bancshares Company Profile

MainStreet Bancshares, Inc is the bank holding company for MainStreet Bank, a community bank headquartered in Fairfax, Virginia. The company provides banking services primarily to businesses, professionals and individuals in Northern Virginia and the greater Washington, DC, metropolitan area.

MainStreet Bank offers commercial and consumer lending, business and personal deposit accounts, cash-management and treasury services, online and mobile banking, and other financial services. Its lending activities include commercial real estate, construction, commercial and industrial, residential mortgage and consumer loans.

MainStreet Bank was established in 2004 and has focused on relationship-based banking for privately owned businesses, nonprofit organizations, professional firms and local consumers.