MainStreet Bancshares (MNSBP) Expected to Post Quarterly Earnings on Tuesday

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

MainStreet Bancshares Stock Up 1.7%

NASDAQ MNSBP opened at $25.12 on Monday. The stock’s 50 day moving average is $25.16 and its two-hundred day moving average is $25.11. MainStreet Bancshares has a 1-year low of $23.22 and a 1-year high of $27.74.

MainStreet Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued a $0.47 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.5%.

About MainStreet Bancshares

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.