MainStreet Bancshares, Inc. (NASDAQ:MNSB – Get Free Report) Director Charles C. Brockett purchased 710 shares of the firm’s stock in a transaction dated Wednesday, April 24th. The stock was purchased at an average cost of $16.40 per share, with a total value of $11,644.00. Following the acquisition, the director now directly owns 92,318 shares in the company, valued at $1,514,015.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
MainStreet Bancshares Price Performance
Shares of MNSB stock opened at $15.90 on Friday. The firm has a market capitalization of $121.00 million, a price-to-earnings ratio of 6.14 and a beta of 0.45. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.37. MainStreet Bancshares, Inc. has a 12-month low of $15.20 and a 12-month high of $25.97. The firm has a fifty day moving average of $17.65 and a 200-day moving average of $20.09.
MainStreet Bancshares Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, May 10th. Investors of record on Friday, May 3rd will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date is Thursday, May 2nd. MainStreet Bancshares’s payout ratio is presently 15.44%.
Hedge Funds Weigh In On MainStreet Bancshares
Wall Street Analysts Forecast Growth
Separately, TheStreet lowered shares of MainStreet Bancshares from a “b-” rating to a “c+” rating in a report on Monday, March 4th.
Check Out Our Latest Report on MNSB
MainStreet Bancshares Company Profile
MainStreet Bancshares, Inc operates as the bank holding company for MainStreet Bank that provides various banking products and services for individuals, small to medium-sized businesses, and professional service organizations. The company offers demand, NOW, money market, savings, and sweep accounts, as well as certificates of deposit; business and consumer checking, interest-bearing checking, business account analysis, and other depository services; and cash management, wire transfer, check imaging, bill pay, remote deposit capture, and courier services.
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