MainStreet Bancshares (NASDAQ:MNSB) Releases Earnings Results, Misses Expectations By $0.33 EPS

MainStreet Bancshares (NASDAQ:MNSB) posted its quarterly earnings data on Monday. The company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.33), Zacks reports. MainStreet Bancshares had a net margin of 8.34% and a return on equity of 5.77%.

MainStreet Bancshares Trading Down 2.3 %

NASDAQ:MNSB opened at $17.10 on Tuesday. The company has a market capitalization of $129.96 million, a P/E ratio of 14.25 and a beta of 0.58. The stock’s 50 day moving average price is $18.15 and its 200 day moving average price is $17.76. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.08 and a current ratio of 1.08. MainStreet Bancshares has a 52 week low of $14.97 and a 52 week high of $21.99.

Insider Buying and Selling at MainStreet Bancshares

In related news, insider Michael B. Baboval sold 2,892 shares of MainStreet Bancshares stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $18.25, for a total transaction of $52,779.00. Following the sale, the insider now directly owns 4,392 shares of the company’s stock, valued at $80,154. This trade represents a 39.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have purchased a total of 743 shares of company stock worth $13,966 over the last three months. Corporate insiders own 9.20% of the company’s stock.

About MainStreet Bancshares

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.