MainStreet Bancshares, Inc. MNSB
MainStreet Bancshares, Inc. is a financial holding company that owns 100% of MainStreet Bank and MainStreet Community Capital, LLC. On October 12, 2021, the Company filed an election to be a financial holding company with the Board of Governors of the Federal Reserve System (the "Federal Reserve"). The Company elected financial holding company status in order to engage in a broader range of financial activities than are permitted for bank holding companies generally. We emphasize providing responsive and personalized services to our clients. Due to the consolidation of financial institutions in our primary market area, we believe there is a significant opportunity for a local bank to provide a full range of financial services. By offering highly professional, personalized banking products and service delivery methods and employing advanced banking technologies, we seek to distinguish ourselves from larger, regional banks operating in our market area and are able to compete effectively with other community banks.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.2M | $2.0M | $2.1M | $2.4M | $2.4M | $62.1M | $58.8M | $43.8M | — |
| Gross profit | $73.6M | $65.8M | $80.1M | $75.3M | — | — | — | — | — |
| SG&A | $996.0K | $929.0K | $922.0K | $872.0K | $685.0K | $674.0K | $731.0K | $576.0K | — |
| Interest expense | $69.5M | $62.6M | $76.7M | $70.6M | $10.7M | $16.1M | $19.4M | $12.7M | — |
| Pre-tax income | $19.1M | -$13.9M | $32.8M | $33.4M | $28.0M | $19.6M | $17.3M | $11.3M | — |
| Income tax | $3.5M | $3.9M | $6.2M | $6.7M | $5.8M | $3.8M | $3.4M | $2.1M | — |
| Net income | $15.6M | -$12.1M | $24.4M | $26.7M | $22.2M | $15.7M | $13.9M | $9.2M | — |
| EPS, basic | 1.76 | -1.60 | 3.25 | 3.26 | 2.65 | 1.85 | 1.69 | 1.38 | — |
| EPS, diluted | 1.76 | -1.60 | 3.25 | 3.26 | 2.65 | 1.85 | 1.69 | 1.38 | — |
| Shares, diluted (wtd. avg.) | 7.7M | 7.6M | 7.5M | 7.5M | 7.6M | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $25.2M | $21.4M | $53.6M | $48.9M | $61.8M | $107.5M | $64.8M | $58.1M | $37.5M |
| Property, plant and equipment | $13.5M | $13.3M | $13.9M | $14.7M | $14.9M | $14.3M | $14.2M | $14.2M | — |
| Total assets | $2.21B | $2.23B | $2.04B | $1.88B | $1.65B | $1.64B | $1.28B | $1.10B | — |
| Total liabilities | $1.99B | $2.02B | $1.81B | $1.73B | $1.46B | $1.48B | $1.14B | $979.4M | — |
| Retained earnings | $101.6M | $91.2M | $106.5M | $86.8M | $64.2M | $44.2M | $29.1M | $15.2M | — |
| Total equity | $218.6M | $208.0M | $221.5M | $198.3M | $188.8M | $167.7M | $137.0M | $121.3M | $68.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $14.8M | $14.7M | $31.6M | $33.5M | $29.1M | $17.0M | $16.7M | $12.6M | — |
| Depreciation and amortisation | $1.1M | $1.5M | $1.3M | $1.3M | $1.2M | $1.1M | $1.0M | $977.7K | — |
| Stock-based compensation | $2.6M | $2.8M | $2.5M | $2.5M | $1.9M | $1.5M | $1.0M | $883.0K | — |
| Capital expenditure | $4.2M | $909.0K | $497.0K | $1.1M | $1.8M | $1.3M | $990.0K | $1.4M | — |
| Investing cash flow | -$38.4M | -$122.3M | -$130.7M | -$228.7M | -$60.5M | -$313.8M | -$161.4M | -$273.4M | — |
| Financing cash flow | -$21.4M | $200.7M | $83.0M | $232.6M | -$14.2M | $339.5M | $151.5M | $281.4M | — |
| Dividends paid | $3.0M | $3.0M | $3.0M | $1.9M | $0 | — | — | — | — |
| Buybacks | $4.3M | $732.0K | $43.0K | $6.9M | $0 | $13.8M | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-012635.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $43.8M | $58.8M | $62.1M | $2.4M | $2.4M | $2.1M | $2.0M | $2.2M |
| Gross profit | — | — | — | — | — | $75.3M | $80.1M | $65.8M | $73.6M |
| Net income | — | $9.2M | $13.9M | $15.7M | $22.2M | $26.7M | $24.4M | -$12.1M | $15.6M |
Recent filings and events
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Other event Item 8.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Regulation FD disclosure Item 7.01
- Other event Item 8.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event Item 8.01
- Other event Item 8.01
- Other event Item 8.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 6022
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| BNY | Bank of New York Mellon Corp | $98.57B | 19.6x | 7.8% |
| FITB | FIFTH THIRD BANCORP | $48.05B | 15.0x | -5.0% |
| STT | STATE STREET CORP | $46.10B | 17.9x | 7.3% |
| MTB | M&T BANK CORP | $32.01B | 13.0x | 7.5% |
| NTRS | NORTHERN TRUST CORP | $30.72B | 19.2x | 6.1% |
| CFG | CITIZENS FINANCIAL GROUP INC/RI | $27.44B | 16.9x | 6.7% |
| FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | $27.41B | 14.4x | -2.2% |
| EWBC | EAST WEST BANCORP INC | $17.97B | 13.8x | 2.4% |