MainStreet Bancshares Inc (OQ:MNSB)
Business Focus: Commercial Banks
Feb 22, 2024 08:00 am ET
MainStreet Bank Appoints Ali Manouchehri to Board of Directors
Digital Technology Expert Brings Extensive Federal Contracting Experience to Role at Leading Community Bank
Jan 22, 2024 07:00 am ET
MainStreet Bancshares Inc. Delivered Consistent 2023 Earnings Despite Market Turmoil
Year-End and Fourth Quarter Results Underscore Steady Progress in Challenging Environment
Dec 13, 2023 09:59 am ET
MainStreet Bank Promotes Tom Floyd to Executive Vice President
Chief Lending Officer Recognized for Breadth of Leadership Contribution
Dec 01, 2023 07:54 am ET
MainStreet Bank Listed in ICBA Independent Banker's "2023 Best Community Banks to Work For"
Employee-Driven Community Giving Reflects Bank's Culture
Oct 23, 2023 08:00 am ET
MainStreet Bancshares, Inc., Reports Solid Earnings for 3rd Quarter 2023
Net Income Totals $6.3 Million for the Quarter Ended September 30
Oct 18, 2023 08:45 am ET
MainStreet Bank Inaugurates Its Avenu Software as a Service (SaaS) Technology with Its First Client, SafariPay
FAIRFAX, Va., Oct. 18, 2023 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, announces the launch of Avenu's fully integrated Software as a Service (SaaS) technology along with its first client on the new solution—SafariPay.
Jul 24, 2023 08:00 am ET
MainStreet Bancshares, Inc., Reports Continued Strong Financial Performance for 2nd Quarter 2023
Net Interest Margin Continues to Outperform
Apr 17, 2023 08:00 am ET
MainStreet Bancshares, Inc., Reports Record Earnings for 1st Quarter 2023
Steady Loan and Deposit Growth Fuel 8% Rise in Quarter-to-Quarter Net Income
Jan 26, 2023 07:33 am ET
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
Jan 23, 2023 07:00 am ET
MainStreet Bancshares Achieves Record Results for 2022
Company's Net Income Climbs 20% to $26.7 Million; NIM Reaches 4.19%
Nov 01, 2022 08:13 am ET
MainStreet Bancshares Inc. Increases Dividend to 10 Cents a Common Share
To be paid November 10, 2022, to shareholders of Record November 4, 2022
Oct 17, 2022 08:00 am ET
MainStreet Bancshares, Inc. Reports Strong Earnings
Net interest margin fueled record financial performance as measured by multiple 3rd quarter 2022 key metrics:
Aug 31, 2022 01:51 pm ET
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
Jul 25, 2022 08:00 am ET
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 the second quarter and six months ended June 30, 2022.The Bank's loan portfolio is well positioned for increasing interest rates. "The FOMC's next announcement is due to be released on July 27 and based upon Street consensus we anticipate continued net interest margin expansion," said Jeff W. Dick, Chairman & CEO of MainStreet Bancshares, Inc. and M
Jun 14, 2022 09:29 am ET
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
May 26, 2022 09:56 am ET
MainStreet Bank Promotes Tom Floyd to Chief Lending Officer
Five-Year Veteran of Bank Oversees Growing $1.4 Billion Loan Portfolio
Apr 19, 2022 08:00 am ET
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 interest rates, and previewed business developments at its Avenu™ Banking-as-a-Service (BaaS) subsidiary.
Apr 11, 2022 09:21 am ET
MainStreet Bank Named Outstanding Large Business by Dulles Regional Chamber of Commerce
Galaxy Award Recognizes Bank's Community Focus and Support for Local Businesses
Mar 03, 2022 08:01 am ET
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.
Feb 09, 2022 07:00 am ET
MainStreet Bancshares, Inc. Repurchased Stock
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 market transactions.
Jan 20, 2022 05:49 pm ET
/C O R R E C T I O N -- MainStreet Bancshares, Inc./
In the news release, MainStreet Bancshares, Inc. Reports Another Record Year, issued 20-Jan-2022 by MainStreet Bancshares, Inc. over PR Newswire, we are advised by the company that the second paragraph, "UNAUDITED AVERAGE BALANCE SHEETS, INTEREST AND RATES" tables, "UNAUDITED SUMMARY FINANCIAL DATA" table, and the "Reconciliation of Certain Non-GAAP Financial Measures" table have been adjusted to correct the fourth quarter and year-end net interest margins reported in the original. The complete, corrected release follows:
Jan 20, 2022 07:00 am ET
MainStreet Bancshares, Inc. Reports Another Record Year
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 for 2021. Year-end results represent:
Dec 10, 2021 10:27 am ET
TERRY SAEGER RECOGNIZED AS NACD DIRECTORSHIP CERTIFIED™
FAIRFAX, Va., Dec. 10, 2021 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB), parent company of MainStreet Bank, announces that the National Association of Corporate Directors (NACD) has recognized Independent Director Terry Saeger as NACD Directorship Certified™. Board members who earn NACD Directorship Certification® signal to boards, investors, and other stakeholders that they possess the highest commitment to continuing director education available in the United States.
Oct 25, 2021 08:00 am ET
MainStreet Bank Unveils Avenu™ Platform to Serve Fintech Partners
FAIRFAX, Va., Oct. 25, 2021 /PRNewswire/ -- MainStreet Bank announces the launch of Avenu™, a transformative technology solution designed to meet the diverse banking and payment needs of fintech customers, including creators of mobile apps.
Oct 20, 2021 09:01 am ET
MainStreet Bank Selects Alkami to Power Its Digital Banking Transformation
PLANO, Texas, Oct. 20, 2021 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced today that MainStreet Bank (Nasdaq: MNSB) has signed a long-term contract to leverage the Alkami Platform to transform its digital banking solution and bring new services rapidly online. MainStreet Bank represents a significant addition to Alkami's growing list of clients.
Oct 19, 2021 08:00 am ET
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 September 30th is $17.4 million, and year-to-date results represent:
Sep 28, 2021 03:37 pm ET
MainStreet Bank Promotes Youngren to President of Banking as a Service Division
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 the new position of President of Avenu™, a division of MainStreet Bank.
Jul 23, 2021 08:29 am ET
MainStreet Bancshares, Inc. Appoints Rafael E. DeLeon to Board of Directors
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.
Jul 20, 2021 08:00 am ET
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 Average Equity, a 1.7% Return on Average Assets, $0.87 per share of common stock (basic and diluted), and a book value of $20.18 per common share.
Jan 21, 2021 07:00 am ET
MainStreet Bancshares, Inc. Reports Record Earnings
FAIRFAX, Va., Jan. 21, 2021 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, reported record net income of $15.7 million for 2020, which represents a 10.54% Return on Average Equity (ROAE), a 1.05% Return on Average Assets (ROAA) and $1.85 per share of common stock (basic and diluted).
Oct 22, 2020 08:00 am ET
MainStreet Bancshares, Inc. Announces Authorization of Common Stock Repurchase Program
FAIRFAX, Va., Oct. 22, 2020 /PRNewswire/ -- Mainstreet Bancshares, Inc. (NASDAQ: MNSB & MNSBP) today announced that the Board of Directors of the Company authorized a new plan to repurchase up to $17 million of the Company's outstanding common stock. The new common stock repurchase program replaces the Company's previous repurchase program.
Oct 20, 2020 08:00 am ET
MainStreet Bancshares, Inc. Reports Record Third Quarter Earnings
FAIRFAX, Va., Oct. 20, 2020 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, reported record earnings of $5.2 million for the third quarter of 2020. The quarter was propelled by $2.9 million of non-interest income and a favorable funding trend that produced $11.9 million of net interest income for the quarter.
Jul 29, 2020 08:00 am ET
MainStreet Bancshares, Inc. Reports Pandemic's Impact on Second Quarter
FAIRFAX, Va., July 29, 2020 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB) reported a net loss of ($634,000) for the second quarter of 2020. The loss is a result of a provision expense of $5.6 million made during the quarter largely related to the effects of the COVID-19 pandemic. Year-to-date earnings remain positive and management is optimistic that future earnings will normalize if the pandemic is contained.
Jul 22, 2020 08:00 am ET
MainStreet Bank Appoints New Business Banking Director
FAIRFAX, Va., July 22, 2020 /PRNewswire/ -- MainStreet Bancshares, Inc., (Nasdaq: MNSB), parent company of MainStreet Bank, announced today that Thomas Cary has been appointed to lead MainStreet Bank's Business Banking division.
Jul 20, 2020 08:00 am ET
MainStreet Bank Appoints New President
FAIRFAX, Va., July 20, 2020 /PRNewswire/ -- MainStreet Bancshares, Inc., (Nasdaq: MNSB) parent company of MainStreet Bank announce the promotion of Abdul Hersiburane, Executive Vice President and Director of Business Banking, to the role of President.
Jun 03, 2020 02:48 pm ET
MainStreet Bank Makes Donation to Establish Regional Charitable Fund
FAIRFAX, Va., June 3, 2020 /PRNewswire/ -- MainStreet Bancshares, Inc., (Nasdaq: MNSB) announced that MainStreet Bank made a generous donation alongside its customer, Terra Site Constructors, to help the Dulles Chamber of Commerce establish the Dulles Regional Charitable Fund.
May 20, 2020 11:00 am ET
MainStreet Bank provides Borrower Assistance
FAIRFAX, Va., May 20, 2020 /PRNewswire/ -- MainStreet Bank, a subsidiary of MainStreet Bancshares, Inc. (Nasdaq: MNSB) reported processing more than 1,000 Paycheck Protection Program (PPP) loans totaling $186 million.
Apr 14, 2020 08:00 am ET
MainStreet Bancshares, Inc. Reports First Quarter Earnings
FAIRFAX, Va., April 14, 2020 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB) reported net income of $3.5 million for the first quarter of 2020, which represents a 1.04% return on average assets, and a 9.97% return on average equity, or $0.42 per share of common stock (basic and diluted) for the quarter-ended March 31, 2020.
Nov 06, 2019 11:13 am ET
MainStreet Bancshares, Inc. Director Earns NACD Governance Fellowship
FAIRFAX, Va., Nov. 6, 2019 /PRNewswire/ -- MainStreet Bancshares, Inc., (Nasdaq: MNSB) announced that Director Terry M. Saeger has earned the prestigious Governance Fellowship credential from the National Association of Corporate Directors (NACD).
Oct 16, 2019 08:00 am ET
MainStreet Bancshares, Inc. Reports Record Third Quarter Earnings
FAIRFAX, Va., Oct. 16, 2019 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB) reported record net income of $3.7 million for the third quarter of 2019, or $0.45 per share of common stock. Net income for the nine months ending September 30, 2019 was $10.4 million, or $1.26 per share of common stock.
Sep 24, 2019 08:00 am ET
MainStreet Bancshares, Inc. On List of 30 Top Performing Small-Cap Banks and Thrifts in United States
FAIRFAX, Va., Sept. 24, 2019 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq:MNSB), the parent company of MainStreet Bank, has been named to the Sandler O'Neill + Partners, L.P. Sm-All Stars Class of 2019. MainStreet was one of 30 publicly traded banks and thrifts in the United States – and the only bank headquartered in Virginia – to be included in the publication.
Sep 23, 2019 08:39 am ET
MainStreet Bancshares, Inc. Announces Authorization of Common Stock Repurchase Program
FAIRFAX, Va., Sept. 23, 2019 /PRNewswire/ -- Mainstreet Bancshares, Inc. (NASDAQ: MNSB) today announced that the Board of Directors of the Company authorized a common stock repurchase plan of up to $10 million worth of shares of the Company's outstanding common stock.
Jul 15, 2019 09:00 am ET
MainStreet Bancshares, Inc. Reports Record Second Quarter Earnings
FAIRFAX, Va., July 15, 2019 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ: MNSB) reported record net income of $3.4 million for the second quarter of 2019; more than double the amount from the second quarter of 2018.
Apr 23, 2019 08:00 am ET
MainStreet Bancshares, Inc. Reports Record First Quarter Earnings
FAIRFAX, Va., April 23, 2019 /PRNewswire/ -- Mainstreet Bancshares, Inc. (NASDAQ: MNSB) (the "Company") reported a record net income of $3.2 million for the first quarter of 2019; an increase of 93% over the first quarter of 2018.
Apr 22, 2019 08:00 am ET
MainStreet Bancshares, Inc. Trading on Nasdaq
FAIRFAX, Va., April 22, 2019 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB), the holding company for MainStreet Bank, announced that its Form 10 Registration Statement as filed with the U.S. Securities and Exchange Commission (the "SEC") has become effective and that its shares of common stock are now trading on the Nasdaq Capital Market.
Apr 15, 2019 08:52 am ET
Redskins Legend and MainStreet Bank Director Darrell Green to announce picks in 2019 NFL Draft
FAIRFAX, Va., April 15, 2019 /PRNewswire/ -- MainStreet Bancshares, Inc. (OTCQX: MNSB) announced that MainStreet Bank Director and Redskin legend Darrell Green will be among 64 NFL active and fellow Hall of Famers taking the stage in Nashville, Tennessee as part of the NFL Draft, Thursday, April 25 through Saturday, April 27. The Hall of Fame Washington Redskin cornerback and MainStreet Bank director will be announcing Washington's second-round pick.
Mar 26, 2019 08:00 am ET
MainStreet Bank Taps Bruce Gemmill to Lead Marketing Team
FAIRFAX, Va., March 26, 2019 /PRNewswire/ -- MainStreet Bancshares, Inc. (OTCQX: MNSB), the holding company for MainStreet Bank, announced the addition of Bruce Gemmill to its leadership team. Gemmill's extensive executive and marketing experience positions him well for his new role at MainStreet Bank as Senior Vice President / Chief Marketing Officer. Gemmill has over 30 years of marketing, advertising and public relations experience, the past eight years with a local community bank.
Feb 21, 2019 10:39 am ET
MainStreet Bancshares, Inc. Submits Application for NASDAQ Capital Market Listing
FAIRFAX, Va., Feb. 21, 2019 /PRNewswire/ -- MainStreet Bancshares, Inc. (OTCQX: MNSB), the holding company for MainStreet Bank, has submitted an application to list the Company's common stock on the NASDAQ Capital Market.
Feb 08, 2019 06:00 am ET
VIDEO: MainStreet Bancshares CEO Jeff Dick Featured in OTCQX Video Series
NEW YORK, Feb. 8, 2019 /PRNewswire/ -- MainStreet Bancshares (OTCQX: MNSB) CEO Jeff Dick was interviewed by OTC Markets Group (OTCQX: OTCM) in its prominent OTCQX® Video Series. The series features interviews with senior executives of OTCQX companies as they showcase their businesses and investment profiles.
Jan 23, 2019 07:51 am ET
MainStreet Bancshares, Inc. Reports Good Earnings Trend
FAIRFAX, Va., Jan. 23, 2019 /PRNewswire/ -- MainStreet Bancshares, Inc. (OTCQX: MNSB) (the "Company") reported a strong quarter-on-quarter earnings trend. Fully adjusted earnings per share for both common and diluted shares was $0.45 for the fourth quarter of 2018, compared to $0.14 for both common and diluted shares for the same period in 2017. For the three months ended December 31, 2018 the Company produced a 1.36% return on average assets and 12.15% on average equity, compared to 0.41% and 4.76% consecutively for the fourth quarter of 2017.
Jan 16, 2019 08:59 am ET
MainStreet Bank Offers Assistance to Clients Impacted by Freeze
FAIRFAX, Va., Jan. 16, 2019 /PRNewswire/ -- MainStreet Bank announces assistance available to clients financially affected by the partial federal government shutdown.
Nov 19, 2018 09:26 am ET
MainStreet Bancshares, Inc. Adds Director
FAIRFAX, Va., Nov. 19, 2018 /PRNewswire/ -- MainStreet Bancshares, Inc. (OTCQX: MNSB) (the "Company") announced the addition of Russell Echlov to its holding company and bank board.
Oct 31, 2018 07:00 am ET
OTC Markets Group Convenes Bank CEOs To Discuss Future of Community Banking
WASHINGTON, Oct. 31, 2018 /PRNewswire/ -- On October 10th, OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, hosted a community bank roundtable, where industry executives from across the country gathered to discuss the role of the community bank in today's U.S. economy. Representatives from OTC Markets Group and American Banker, as well as the CEOs of four leading community banks trading on the OTCQX Market, discussed growth opportunities, industry challenges, access to capital, the importance of technology in their business, how to be
Oct 26, 2018 08:00 am ET
MainStreet Bancshares, Inc. Exceeds $1 Billion in Assets
FAIRFAX, Va., Oct. 26, 2018 /PRNewswire/ -- MainStreet Bancshares, Inc. (OTCQX: MNSB) (the "Company") reports total assets of $1.06 billion at September 30, 2018, as compared to $705.5 million at September 30, 2017, an increase of 50%. The Company remains strongly capitalized.
Aug 27, 2018 08:00 am ET
MainStreet Bancshares Reports Over-Subscribed Private Offering
FAIRFAX, Va., Aug. 27, 2018 /PRNewswire/ -- MainStreet Bancshares, Inc. (OTCQX: MNSB), the holding company for MainStreet Bank, reports completion of an over-subscribed private placement in the amount of $45 million on August 24, 2018.
Jul 20, 2018 08:00 am ET
MainStreet Bancshares Reports Record Balance Sheet Growth in Second Quarter
FAIRFAX, Va., July 20, 2018 /PRNewswire/ -- MainStreet Bancshares, Inc. (OTCQX: MNSB), the holding company for MainStreet Bank, reported a growth in total assets for the first six months of 2018 of $128.2 million, or 15.9%.
Apr 23, 2018 09:50 am ET
MainStreet Bancshares Reports Strong First Quarter
FAIRFAX, Va., April 23, 2018 /PRNewswire/ -- MainStreet Bancshares, Inc. (OTCQX: MNSB), the holding company for MainStreet Bank, reports net income of $1.69 million for the first quarter of 2018, which is 64% higher than first quarter 2017 net income of $1.03 million. Earnings per share for the first quarter 2017 were $0.30 versus $0.24 for first quarter 2017.
Mar 22, 2018 04:07 pm ET
MainStreet Bancshares Declares Stock Dividend
FAIRFAX, Va., March 22, 2018 /PRNewswire/ -- MainStreet Bancshares, Inc. (OTCQX: MNSB), the holding company for MainStreet Bank, announced today that its board of directors declared a five percent (5.0%) stock dividend on all shares of its outstanding common stock.
Jan 26, 2018 07:00 am ET
MainStreet Bancshares Continues Record Growth
FAIRFAX, Va., Jan. 26, 2018 /PRNewswire/ -- MainStreet Bancshares, Inc. (OTCQB: MNSB), the holding company for MainStreet Bank, today announced year-end 2017 assets reaching $808 million – a 40% increase from year-end 2016 total assets of $576 million.
Oct 30, 2017 10:31 am ET
MainStreet Bancshares Continues Record Growth
FAIRFAX, Va., Oct. 30, 2017 /PRNewswire/ -- MainStreet Bancshares, Inc. (OTCQB: MNSB), the holding company for MainStreet Bank, reported its best-ever quarter of organic growth. Total assets grew over 30% year-on-year, from $536 million at September 30, 2016 to $705 million at September 30, 2017. Net loans grew 29% over the same period.
Oct 25, 2017 08:00 am ET
MainStreet Bancshares Reports Successful Capital Raise
FAIRFAX, Va., Oct. 25, 2017 /PRNewswire/ -- MainStreet Bancshares, Inc. (OTCQB: MNSB), the holding company for MainStreet Bank, completed an over-subscribed common equity capital raise on October 24, 2017.
Jul 18, 2017 11:12 am ET
MainStreet Bancshares Reports Record Quarter of Organic Growth
FAIRFAX, Va., July 18, 2017 /PRNewswire/ -- MainStreet Bancshares, Inc. (OTCQB: MNSB), the holding company for MainStreet Bank, reported its best ever quarter of organic growth. Total assets grew 13.4% quarter-on-quarter, from $568 million at March 31, 2017 to $644 million at June 30, 2017. Net loans grew 13.9% to $526 million at June 30, 2017. Year-on-year, total assets grew 25.6% and net loans grew 25.9% from June 30, 2016 to June 30, 2017.
Apr 25, 2017 08:00 am ET
MainStreet Bancshares Reports First Quarter Performance
FAIRFAX, Va., April 25, 2017 /PRNewswire/ -- MainStreet Bancshares (OTCQB: MNSB), the holding company for MainStreet Bank, reports net income of $1.03 million for the first quarter of 2017, which is 18% higher than first quarter 2016 net income of $914 thousand. Note: first quarter 2017 numbers include $241 thousand of interest expense for newly issued subordinated debt. Earnings per share for the first quarter 2017 were $0.24 versus $0.22 for first quarter 2016.
Feb 28, 2017 01:53 pm ET
MainStreet Bank Hosts Government Contracting Event
FAIRFAX, Va., Feb. 28, 2017 /PRNewswire/ -- MainStreet Bancshares, Inc. (OTCQX: MNSB) today hosted an event for Government Contractors entitled, "Contracting Opportunities".
Jan 18, 2017 09:07 am ET
MainStreet Bancshares, Inc. Reports Record 2016 Performance
FAIRFAX, Va., Jan. 18, 2017 /PRNewswire/ -- MainStreet Bancshares, Inc. (OTCQB: MNSB), the holding company for MainStreet Bank, reported record performance for the Bank's year-end 2016 earnings. Net income of $3.9 million for 2016 was 77% higher than 2015 net income of $2.2 million. Earnings per share for year-end 2016 is $0.91 versus $0.51 for 2015.
Nov 16, 2016 12:37 pm ET
Chris Brockett Named President of MainStreet Bank
FAIRFAX, Va., Nov. 16, 2016 /PRNewswire/ -- MainStreet Bancshares, Inc. (OTCQX: MNSB) named Charles (Chris) Brockett as President of MainStreet Bank and MainStreet Bancshares, Inc. today. As President, Brockett will also hold a seat on the Board of Directors of MainStreet Bank as well as MainStreet Bancshares, Inc.
Oct 13, 2016 04:00 pm ET
MainStreet Bank Reports Record Third Quarter Performance
FAIRFAX, Va., Oct. 13, 2016 /PRNewswire/ -- MainStreet Bancshares, Inc. (OTCQB: MNSB), the holding company for MainStreet Bank, nearly tripled its third quarter 2016 earnings over the third quarter 2015. Net income of $2.8 million through September 30, 2016 was more than double the level of net income through September 30, 2015. Earnings per share for the nine months ended September 30, 2016 is $0.66 versus $0.29 for the same nine month period in 2015.
Sep 26, 2016 01:05 pm ET
Abdul Hersiburane named Executive Vice President
FAIRFAX, Va., Sept. 26, 2016 /PRNewswire/ -- MainStreet Bank (OTC Bulletin Board: MNSB) announced the promotion of Abdul Hersiburane to Executive Vice President and Director of Business Development.
Jul 29, 2016 09:00 am ET
MainStreet Bank Reports Record Mid-Year Performance
FAIRFAX, Va., July 29, 2016 /PRNewswire/ -- MainStreet Bank (OTCQB: MNSB) more than doubled mid-year 2016 earnings over mid-year 2015. The share price closed on June 30, 2016 at $11.90 per share. During the second quarter of 2016, there were 198 trades for a total of 220,745 shares with a dollar value of $2,561,339. The high share price for the second quarter of 2016 was $12.10 per share.
Jun 21, 2016 10:51 am ET
MainStreet Bank Appoints Jimmy Olevson as Chief Lending Officer
FAIRFAX, Va., June 21, 2016 /PRNewswire/ -- MainStreet Bank (OTCQX: MNSB) expanded its leadership team with the addition of Jimmy Olevson as Chief Lending Officer.
Jun 03, 2016 10:00 am ET
MainStreet Bank is Founding Partner of Arlington Community Radio
FAIRFAX, Va., June 3, 2016 /PRNewswire/ -- MainStreet Bank (OTCQB: MNSB) in the truest sense of community banking has become a founding partner of Arlington's community radio station WERA 96.7 FM. The radio station can also be heard over the internet and is the only Arlington community radio station with programming created by and for the members of the local community. WERA is part of Arlington Independent Media (AIM).
Apr 25, 2016 09:00 am ET
MainStreet Bank Reports Record First Quarter Performance
FAIRFAX, Va., April 25, 2016 /PRNewswire/ -- MainStreet Bank (OTCQB: MNSB) reported a 97% increase in first quarter 2016 earnings - nearly double the level of first quarter 2015 earnings. The share price closed the quarter at $11.95 with a high of $12.35 during the first quarter and an average daily volume of 3,713 shares. MainStreet was recently awarded the OTCQX Top Performing Bank award.
Apr 04, 2016 04:25 pm ET
MainStreet Bank Expands Payment Systems Team
FAIRFAX, Va., April 4, 2016 /PRNewswire/ -- MainStreet Bank (OTC Bulletin Board: MNSB) announced the addition of Daniel Miner, CTP, as Senior Vice President and Director of Payment Systems.
Mar 15, 2016 09:00 am ET
MainStreet Bank "Gives Back" with Wellness Fundraiser
FAIRFAX, Va., March 15, 2016 /PRNewswire/ -- MainStreet Bank (OTCQB: MNSB) is pleased to announce that MainStreet Bank staff participated in an all-day wellness event which included a treadmill challenge fundraiser event. Bank team members kept two treadmills going for 12 straight hours either walking or running. For each mile recorded the bank donated money towards breast cancer awareness.
Feb 17, 2016 08:00 am ET
MainStreet Bank Named as 2016 OTCQX Top Performing Bank
FAIRFAX, Va., Feb. 17, 2016 /PRNewswire/ -- MainStreet Bank (OTCQB: MNSB) is pleased to announce it has been named to the 2016 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. Within that list, MainStreet was named the OTCQX Top Performing Bank.
Feb 17, 2016 08:00 am ET
OTC Markets Group Announces the 2016 OTCQX Best 50
NEW YORK, Feb. 17, 2016 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced the 2016 OTCQX® Best 50, a ranking of top performing OTCQX companies in 2015. This is the second annual ranking since OTC Markets Group launched the OTCQX Best 50 on May 13, 2015.
Feb 11, 2016 08:52 am ET
MainStreet Bank Provides Clover™ Small Business Solutions
FAIRFAX, Va., Feb. 11, 2016 /PRNewswire/ -- MainStreet Bank (OTCQB: MNSB) now offers Clover Solutions to its small business customers.
Feb 04, 2016 03:23 pm ET
MainStreet Bank Expands Government Contracting Team
FAIRFAX, Va., Feb. 4, 2016 /PRNewswire/ -- MainStreet Bank (OTC Bulletin Board: MNSB) announced the addition of Jeffrey H. Satterly and Ronald K. Hobson to its Government Contract lending team. Mr. Satterly will lead the team along with senior lenders Ronald Hobson and Michael Ferrell.
Jan 21, 2016 08:00 am ET
MainStreet Bank Reports Another Record Year
FAIRFAX, Va., Jan. 21, 2016 /PRNewswire/ -- MainStreet Bank (OTCQB: MNSB) reported a 39% increase in its share trading price for 2015 with an average daily volume of 3,550 shares traded. The Bank's stock started the year at $8.90 per share and ended at $12.35 per share.
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.