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MNSB - Dividend announcements
MainStreet Bancshares Inc. (MNSB) dividend announcements - real-time wire coverage filtered to Dividends only.
Recent Dividends for MNSB
- MainStreet Bancshares, Inc. Announces First Quarter 2026 ResultsFAIRFAX, Va., April 20, 2026 (GLOBE NEWSWIRE) -- MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP)), the financial holding company for MainStreet Bank, reported a net income of $4.1 million for the quarter-ended March 31, 2026, resulting in earnings per common share of $0.48. The net interest margin expanded 9 basis points during the quarter to 3.47%, resulting from consistent loan pricing and lower funding costs. During the quarter the Company executed a buyback of 273,448 shares, and the book value per common share ended the quarter at $25.63. The Company and Bank remain strongly capitalized. "Our team's disciplined execution continues to drive value for our shareholders. With robust
- MainStreet Bancshares Inc. Reports a Profitable 2025 and remains focused on serving the Washington, DC Metropolitan CommunityStrategic Balance Sheet Management Yields a Healthy Net Interest Margin FAIRFAX, Va., Jan. 26, 2026 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP)), the financial holding company for MainStreet Bank, reported a net income of $15.6 million for the year-ended December 31, 2025, resulting in earnings per common share of $1.76. The Company executed a buyback of 209,000 shares during the fourth quarter as part of its share buyback plan. The Company and Bank remain strongly capitalized. "The team delivered quickly on our focused return to core banking," said Jeff
- MainStreet Bancshares Inc. Reports Another Profitable QuarterNet Income and Earnings Per Share Exceed Market Expectations FAIRFAX, Va., Oct. 27, 2025 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP)), the financial holding company for MainStreet Bank, reported a net income of $4.52 million and earnings per common share of $0.52 outperforming expectations of $4.48 million and $0.51 respectively for the quarter-ended September 30, 2025. "Our core net interest margin is a healthy 3.54% for the third quarter of 2025. Our balance sheet is well-structured for current and anticipated rate changes to continue producing good resu
- MainStreet Bancshares Inc. Reports Strong Second Quarter EarningsNet Income Climbs on Net Interest Margin Expansion and Strategic Balance Sheet Management FARIFAX, Va., July 22, 2025 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP)), the financial holding company for MainStreet Bank, reported a surging net income of $4.6 million and net interest margin of 3.75% for the quarter ended June 30, 2025, an increase of $2.1 million and 45 basis points from the previous quarter respectively. Net interest income expanded $2.8 million to $19.3 million and earnings per common share grew to $0.53 during the same period, outperforming market expectations. The Company continues to report strong asset quality and strong capital.
- MainStreet Bancshares Inc. Reports First Quarter ResultsExpanding 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.
- MainStreet Bancshares Inc. Reports 2024 ResultsA 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
- MainStreet Bancshares Inc. Reports Third Quarter ResultsIncrease 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
- MainStreet Bancshares Inc. Reports a Profitable Second QuarterRise in Core Deposits Fueled an Uptick in Loan Growth FAIRFAX, Va., July 29, 2024 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP))), the holding company for MainStreet Bank, reported net income of $2.6 million for the second quarter of 2024. Total deposits reached $1.8 billion in the second quarter, an increase of 10.2% from the second quarter of 2023. Loan growth is up 8.6% over the same period, also reaching $1.8 billion. "We are now nine full quarters into the current interest rate cycle, and the entire industry has felt the effect of higher deposit costs.
- MainStreet Bancshares Inc. Reports a Profitable First QuarterStrong credit quality and no adverse loan portfolio trends FAIRFAX, Va., April 22, 2024 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP))), the holding company for MainStreet Bank, reported net income of $2.77 million for the first quarter of 2024. "Our loan portfolio was well-positioned for the current interest rate cycle and continues to generate strong and sustainable interest income. During the first quarter of 2024, we experienced an uptick in deposit costs, compressing the net interest margin to 3.24%," said Jeff W. Dick, Chairman & CEO of MainStreet Ban
- MainStreet Bancshares Inc. Delivered Consistent 2023 Earnings Despite Market TurmoilYear-End and Fourth Quarter Results Underscore Steady Progress in Challenging Environment FAIRFAX, Va., Jan. 22, 2024 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP))), the holding company for MainStreet Bank, reported net income of $26.6 million for the year ended December 31, 2023, consistent with expectations. Earnings per share for the year totaled $3.25. Annualized returns for 2023 included: Return on Average Equity (ROAE): 12.66 % Return on Average Assets (ROAA): 1.38 % Net Interest Margin (NIM) (tax equivalent): 4.08 % Efficiency Ratio: 56.7 % Liquidit
- MainStreet Bancshares, Inc., Reports Continued Strong Financial Performance for 2nd Quarter 2023Net Interest Margin Continues to Outperform FAIRFAX, Va., July 24, 2023 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP))), the holding company for MainStreet Bank, reported net income of $6.9 million for the quarter ended June 30, 2023, in line with expectations. This represents a 17.1% increase from the year-earlier second quarter. Performance through the first half of 2023 remains very strong (returns are annualized): Return on average assets: 1.60 % Return on average equity: 14.87 % Net interest margin (tax equivalent): 4.45 % Efficiency ratio: 53.48 % Allo
- MainStreet Bancshares, Inc., Reports Record Earnings for 1st Quarter 2023Steady Loan and Deposit Growth Fuel 8% Rise in Quarter-to-Quarter Net Income FAIRFAX, Va., April 17, 2023 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP))), the holding company for MainStreet Bank, reported record net income of $8.2 million for the quarter-ended March 31, 2023. This represents a 50% increase from the net income reported in the 1st quarter of 2022. First-quarter results represent: 1.75% ROAA4.69% NIM$1.01 EPS$22.22 TBV16.4% ROAE(ROAA – Return on Average Assets; NIM – Net Interest Margin; EPS – Earnings Per Share common basic and diluted; TBV
- MainStreet Bancshares, Inc. Declares Quarterly Dividend of 10 Cents a Common ShareTo Be Paid February 10, 2023, to Shareholders of Record February 3, 2023 FAIRFAX, Va., Jan. 26, 2023 /PRNewswire/ -- The board of directors of MainStreet Bancshares Inc. (NASDAQ:MNSB) and (NASDAQ:MNSBP), the parent company of MainStreet Bank, declared a cash dividend of $0.10 per common share for the fourth quarter, to be paid on February 10, 2023, to shareholders of record as February 3, 2023. The board disclosed the dividend in a regulatory filing submitted to the U.S. Securities and Exchange Commission on January 19, 2023. "We had our best year ever in 2022 with net income
- MainStreet Bancshares Achieves Record Results for 2022Company's Net Income Climbs 20% to $26.7 Million; NIM Reaches 4.19% FAIRFAX, Va., Jan. 23, 2023 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP))), the holding company for MainStreet Bank, reported record net income of $26.7 million for 2022, a 20.3% increase from a year earlier. Year-end results represent: 13.98% return on average equity1.53% return on average assets4.19% net interest margin $3.26 earnings per common share (basic and diluted)$21.75 tangible book value per common shareThere is no doubt that 2022 was a banner year for the Company."There is no do
- MainStreet Bancshares Inc. Increases Dividend to 10 Cents a Common ShareTo be paid November 10, 2022, to shareholders of Record November 4, 2022 FAIRFAX, Va., Nov. 1, 2022 /PRNewswire/ -- The board of directors of MainStreet Bancshares Inc., (NASDAQ:MNSB) the parent company of MainStreet Bank, declared a cash dividend of $0.10 per common share for the third quarter, to be paid on November 10, 2022, to shareholders of record as of November 4, 2022. This is an increase from a cash dividend of $0.05 per common share in the second quarter. The board disclosed the dividend in a regulatory filing submitted to the U.S. Securities and Exchange Commission that was declared and filed on October 24, 2022.
- MainStreet Bancshares, Inc. Reports Strong EarningsNet interest margin fueled record financial performance as measured by multiple 3rd quarter 2022 key metrics: 1.70% Return on average assets16.13% Return on average equity4.14% Net interest margin$0.97 Per-share earnings (basic and diluted)FAIRFAX, Va., Oct. 17, 2022 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP))), the holding company for MainStreet Bank, reported continued strong financial performance through the third quarter as earnings on its floating-rate loans rose in-sync with FOMC interest rate increases. Although we benefit from rising rates, we are
- MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates RiseFAIRFAX, 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 MainStreet Bank."We have been anticipating this trend for some time and we strategically aligned our portfolio
- MainStreet Bancshares, Inc. Reports Robust Loan and Net Income GrowthFAIRFAX, 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. Net income totaled $5.4 million for three months ended March 31, 2022. Net interest income totaled $15.2 million in the first quarter and is 13% higher than the year-earlier period. Reduced funding costs and an increase in short-term rate
- MainStreet Bancshares, Inc. Reports First Cash DividendFAIRFAX, Va., Jan. 25, 2022 /PRNewswire/ -- The Board of Directors of MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP))), the holding company for MainStreet Bank, declared a dividend of $0.05 per share on the outstanding shares of the common stock of MainStreet Bancshares, Inc. The dividend is payable on February 10, 2022, to stockholders of record the close of business on February 3, 2022. The Company's performance has been strong and consistent over the past several years.MainStreet Bank is a community bank that serves the greater Washington DC metropolitan area. The Compan
- MainStreet Bancshares, Inc. Reports Another Record YearFAIRFAX, 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: 12.38% return on average equity 1.32% return on average assets $2.65 per share of common stock (basic and diluted) $20.94 per common share tangible book valueGoing forward, the Company's balance sheet is positioned to respond well in a rising interest rate environment.Net interest income of $53.5 million is up over 16% from last year. Steady loan rates and red
- MainStreet Bancshares, Inc. Reports Record Strong and Steady Third Quarter 2021 EarningsFAIRFAX, 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: 13.14% return on average equity 1.37% return on average assets $2.09 earnings per share of common stock (basic and diluted) $20.64 per common share book valueThe Company is well positioned for a stable or rising interest rate environment.Year-to-date net interest income throug
- MainStreet Bancshares, Inc. Reports Record Second Quarter 2021 EarningsFAIRFAX, 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. Our mid-year performance is the result of a strong effort across every part of the CompanyNet interest income of $13.0 million and noninterest income of $1.6 million for the quarter-ended June 3
- MainStreet Bancshares, Inc. Reports Strong First Quarter 2021 EarningsFAIRFAX, Va., April 21, 2021 /PRNewswire/ -- MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP))), the holding company for MainStreet Bank, reported net income of $5.5 million for the first quarter of 2021. Net income of $5.5 million represents a 12.95% Return on Average Equity (ROAE), a 1.32% Return on Average Assets (ROAA) and $0.65 per share of common stock (basic and diluted). "We are focused on adding new loan and deposit relationships" Abdul HersiburaneNet interest income was $13.5 million and noninterest income was $1.4 million for the quarter-ended March 31, 2021, an