FAIRFAX, VA - MainStreet Bancshares, Inc. (NASDAQ:MNSB), the holding company for MainStreet Bank, has scheduled a virtual webcast and quarterly earnings conference call for Tuesday, January 21, 2025, at 2:00 p.m. Eastern Time. During the webcast, MainStreet Bancshares will discuss its results for the fourth quarter and the year-end, in addition to providing updates on recent company activities.
According to InvestingPro data, the company currently trades at a P/E ratio of 14.6, with two analysts recently revising their earnings expectations downward for the upcoming period.
This announcement comes as part of a regulatory disclosure filed with the Securities and Exchange Commission on Wednesday, January 8, 2025.
MainStreet Bancshares, which operates within the state commercial banks sector under the SIC code 6022, is headquartered at 10089 Fairfax Boulevard, Fairfax, VA, 22030. The company's common stock is traded on The Nasdaq Stock Market LLC under the ticker symbol MNSB, and its depositary shares, each representing a 1/40th interest in a share of 7.50% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, trade under the ticker symbol MNSBP.
With a market capitalization of $127.5 million, the stock is currently trading near its InvestingPro Fair Value, showing a YTD return of -4.36%. The company maintains a FAIR financial health score, based on comprehensive analysis of growth, profitability, and cash flow metrics.
Investors interested in participating in the virtual webcast can reach out to Hattie Lester via email at hlester@mstreetbank.com or by phone at (571)-375-1364 for more details. For deeper insights into MainStreet Bancshares' financial metrics and additional analysis, including exclusive ProTips and detailed valuation models, visit InvestingPro.
The information regarding the upcoming webcast and earnings call is based on the company's recent SEC filing, which ensures transparency and provides shareholders and the public with relevant and timely information about MainStreet Bancshares' financial performance and corporate developments.
In other recent news, MainStreet Bancshares has made several important announcements. The company declared a quarterly cash dividend for its 7.50% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, amounting to approximately $0.47 per Depositary Share, which translates to $18.75 per share of Series A Preferred Stock. Additionally, a cash dividend of $0.10 per share for common stockholders was announced.
The company has also issued its Q3 2024 earnings guidance, a significant update for its investors. In governance developments, the retirement and resignation of Elizabeth S. Bennett, a long-standing board member, from the Board of Directors was announced.
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