MainStreet Bancshares Inc
NASDAQ:MNSB
MainStreet Bancshares Inc
MainStreet Bancshares, Inc. is a holding company, which engages in the provision of banking solutions through MainStreet Bank. The company is headquartered in Fairfax, Virginia and currently employs 138 full-time employees. The company went IPO on 2005-09-02. The company offers a full range banking services, including business and consumer checking, premium interest-bearing checking, business account analysis, savings, certificates of deposit, and other depository services. The company provides loan portfolio consisting primarily of commercial business and owner-occupied and investment commercial real estate loans. The company offers a full range of consumer and commercial deposit products, including on-line banking with bill pay, cash management, sweep accounts, wire transfer, check imaging, remote deposit capture and courier services. The company also provides full online business banking solutions, including remote check scanners. Its Internet account access is available for all personal and business accounts.
MainStreet Bancshares, Inc. is a holding company, which engages in the provision of banking solutions through MainStreet Bank. The company is headquartered in Fairfax, Virginia and currently employs 138 full-time employees. The company went IPO on 2005-09-02. The company offers a full range banking services, including business and consumer checking, premium interest-bearing checking, business account analysis, savings, certificates of deposit, and other depository services. The company provides loan portfolio consisting primarily of commercial business and owner-occupied and investment commercial real estate loans. The company offers a full range of consumer and commercial deposit products, including on-line banking with bill pay, cash management, sweep accounts, wire transfer, check imaging, remote deposit capture and courier services. The company also provides full online business banking solutions, including remote check scanners. Its Internet account access is available for all personal and business accounts.
EPS & Profitability: MainStreet Bancshares reported earnings per share of $1.76, with return on average assets at 0.73% and return on average tangible common equity at 7.24%.
Net Interest Margin: Net interest margin remained healthy at 3.46%, with management expecting further improvement as funding costs ease into 2026.
Loan & Deposit Growth: The company saw meaningful loan and deposit growth in the fourth quarter, with a 2% quarter-on-quarter increase in loan portfolio.
Expense & Efficiency: Expenses have normalized, and the bank expects expense run rates for the first half of 2026 to be consistent with Q4 2025.
Share Repurchase: MainStreet repurchased 209,000 shares last quarter at a 28% accretive price to book value, with plans to continue buybacks.
Credit Quality: Annual net charge-offs were virtually zero and asset quality metrics remain solid, with non-accruals at 1.69% and classified assets at 2.69%.
Strong Capital Position: Even under stress test scenarios, the post-stress CET1 ratio stands at 11.8%, well above regulatory thresholds.
Strategic Focus: The company is focusing on profitable, low-cost deposits, reducing CRE exposure, and targeting smaller loan opportunities for disciplined growth.
