Stephens downgraded MainStreet Bancshares from Overweight to Equal-Weight and set a new price target of $24.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/25/2023 | $24.00 | Overweight → Equal-Weight | Stephens |
| 7/22/2021 | $25.50 → $26.00 | Overweight | Stephens & Co. |
Expanding Net Interest Margin, Resilient Loan Portfolio and Well Capitalized FAIRFAX, Va., April 21, 2025 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP)), the financial holding company for MainStreet Bank, reported first quarter net income of $2.5 million with a net interest margin of 3.30%, up 34 basis points from the previous quarter. Net interest income after provision for credit losses was $16.5 million, up $3.9 million from the previous quarter and earnings per common share were $0.25 for the first quarter. The Company continues to report strong asset quality and strong capital.
A challenging year, ending with strong and stable asset quality and strong capital FAIRFAX, Va., Jan. 27, 2025 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP)), the financial holding company for MainStreet Bank reported a loss of $9.98 million for 2024 resulting from the nonrecurring impairment of capitalized intangible software and the resolution of nonperforming assets. The Company remains strongly capitalized with good liquidity. "At the end of 2024, the Company impaired the full value of its capitalized intangible software. Despite this impairment, the s
Employee-directed Giving Program, Making Change, Lends a Helping Hand to Local Schools FAIRFAX, Va., Dec. 11, 2024 /PRNewswire/ -- This holiday season, MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP)), the financial holding company for MainStreet Bank, is investing in the future of our community by giving a boost to local schools, scholarships, and education programs. Through corporate giving and employee engagement, the bank is making a difference for learners of all ages. "These donations are just one example of MainStreet Bank's commitment to investing in the communities we serve."More than one-quarter (27%) of all donations from the bank's employee-directed
8-K - MainStreet Bancshares, Inc. (0001693577) (Filer)
8-K - MainStreet Bancshares, Inc. (0001693577) (Filer)
10-Q - MainStreet Bancshares, Inc. (0001693577) (Filer)
4 - MainStreet Bancshares, Inc. (0001693577) (Issuer)
4 - MainStreet Bancshares, Inc. (0001693577) (Issuer)
4 - MainStreet Bancshares, Inc. (0001693577) (Issuer)
Stephens downgraded MainStreet Bancshares from Overweight to Equal-Weight and set a new price target of $24.00
Stephens & Co. reiterated coverage of MainStreet Bancshares with a rating of Overweight and set a new price target of $26.00 from $25.50 previously
Stephens & Co. initiated coverage of MainStreet Bancshares with a rating of Overweight and set a new price target of $25.50
SC 13G/A - MainStreet Bancshares, Inc. (0001693577) (Subject)
SC 13G/A - MainStreet Bancshares, Inc. (0001693577) (Subject)
SC 13G/A - MainStreet Bancshares, Inc. (0001693577) (Subject)
Expanding Net Interest Margin, Resilient Loan Portfolio and Well Capitalized FAIRFAX, Va., April 21, 2025 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP)), the financial holding company for MainStreet Bank, reported first quarter net income of $2.5 million with a net interest margin of 3.30%, up 34 basis points from the previous quarter. Net interest income after provision for credit losses was $16.5 million, up $3.9 million from the previous quarter and earnings per common share were $0.25 for the first quarter. The Company continues to report strong asset quality and strong capital.
A challenging year, ending with strong and stable asset quality and strong capital FAIRFAX, Va., Jan. 27, 2025 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP)), the financial holding company for MainStreet Bank reported a loss of $9.98 million for 2024 resulting from the nonrecurring impairment of capitalized intangible software and the resolution of nonperforming assets. The Company remains strongly capitalized with good liquidity. "At the end of 2024, the Company impaired the full value of its capitalized intangible software. Despite this impairment, the s
Increase in Core Deposits, a High-Quality Loan Portfolio and Strong Capital FAIRFAX, Va., Oct. 28, 2024 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP))), the financial holding company for MainStreet Bank, reported a loss of -$0.04 per common share for the third quarter of 2024 as it dealt decisively with a small number of nonperforming real estate loans. Year-to-date 2024 earnings per common share are $0.60. The Company remains strongly capitalized. "Our third quarter annualized net interest margin was impacted by $984,000 in accrued interest income that wa
Employee-directed giving program, Making Change, brings joy to furry friends this giving season FAIRFAX, Va., Dec. 3, 2024 /PRNewswire/ -- 'Tis the season of giving, and MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP)), the financial holding company for MainStreet Bank, is spreading holiday cheer by making a significant impact on the lives of animals in the local community. Through a combination of corporate giving and employee volunteerism, the bank is actively supporting local animal rescues and organizations, ensuring a brighter holiday for those with paws, claws, and whiskers.
Digital Technology Expert Brings Extensive Federal Contracting Experience to Role at Leading Community Bank FAIRFAX, Va., Feb. 22, 2024 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ:MNSB), parent company of MainStreet Bank, announces the appointment of Ali Reza Manouchehri, a digital technology expert with extensive federal contracting experience, as a director of MainStreet Bank. Manouchehri brings an impressive track record as an entrepreneur and decades on the cutting edge of digital technology.Manouchehri is CEO of MetroStar Systems, a leading provider of digital IT
FAIRFAX, Va., July 23, 2021 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ:MNSB), parent company of MainStreet Bank, announces the appointment of a veteran banking supervisor, Rafael E. DeLeon, as a director of the company and the bank. "I'm Happy to be joining MainStreet Bank and see it as a capstone in my career" Rafael E. DeLeonRafael E. DeLeon is currently a senior vice president of industry engagement for Ncontracts. Mr. DeLeon is a vibrant spokesperson with a wealth of knowledge on regulatory compliance and risk management for financial institutions. He joined Nco
4 - MainStreet Bancshares, Inc. (0001693577) (Issuer)
4 - MainStreet Bancshares, Inc. (0001693577) (Issuer)
4 - MainStreet Bancshares, Inc. (0001693577) (Issuer)