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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. It 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. The company also provides commercial loans, include government contract receivables, plant and equipment, general working capital, contract administration, and acquisition loans; commercial real estate, real estate construction, and residential real estate loans; and consumer loans comprising term loans and overdraft protection, as well as debit and credit cards. In addition, it offers deposit insurance solutions; remote deposit of checks; and internet bill payment, online cash management, and online and mobile banking services. The company operates in Herndon, Fairfax, McLean, Clarendon, Leesburg, Middleburg, Virginia, and Washington D.C., as well as automated teller machines. MainStreet Bancshares, Inc. was formerly known as MainStreet Bank (Fairfax, VA) and changed its name to MainStreet Bancshares, Inc. in July 2016. The company was incorporated in 2003 and is headquartered in Fairfax, Virginia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $73M | - | $16M | $11M | 7.1% | 11.4% | - |
| 2024 | $66M | - | $-10M | $9M | -4.8% | -17.8% | -137.5% |
| 2023 | $80M | - | $27M | $26M | 12.0% | 6.3% | -0.3% |
| 2022 | $75M | - | $27M | $26M | 13.5% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 75.31 | 80.08 | 65.83 | 73.30 |
| Pretax Income | 33.39 | 32.82 | -13.90 | 19.09 |
| Tax Provision | 6.71 | 6.24 | -3.92 | 3.48 |
| Net Income | 26.67 | 26.59 | -9.98 | 15.61 |
| Net Income Common Stockholders | 24.52 | 24.43 | -12.14 | 13.46 |
| Interest Expense | 13.37 | 47.68 | 72.04 | 62.04 |
| Interest Income | 84.02 | 124.42 | 134.62 | 131.59 |
| Selling General And Administration | 27.61 | 32.66 | 34.95 | 36.77 |
| Normalized Income | 26.67 | 26.59 | 4.18 | 15.39 |
| Basic EPS | 3.26 | 3.25 | -1.60 | 1.76 |
| Diluted EPS | 3.26 | 3.25 | -1.60 | 1.76 |
| Tax Effect Of Unusual Items | 0 | 0 | -5.57 | 0.05 |
| Tax Rate For Calcs | 0.20 | 0.19 | 0.28 | 0.18 |
| Total Unusual Items | 0 | 0 | -19.72 | 0.27 |
| Total Unusual Items Excluding Goodwill | 0 | 0 | -19.72 | 0.27 |
| Net Income From Continuing Operation Net Minority Interest | 26.67 | 26.59 | -9.98 | 15.61 |
| Reconciled Depreciation | 2.58 | 2.75 | 4.63 | 4.94 |
| Net Interest Income | 70.65 | 76.74 | 62.57 | 69.55 |
| Net Income From Continuing And Discontinued Operation | 26.67 | 26.59 | -9.98 | 15.61 |
| Diluted Average Shares | 7.53 | 7.52 | 7.61 | 7.65 |
| Basic Average Shares | 7.53 | 7.52 | 7.61 | 7.65 |
| Diluted NI Availto Com Stockholders | 24.52 | 24.43 | -12.14 | 13.46 |
| Preferred Stock Dividends | 2.16 | 2.16 | 2.16 | 2.16 |
| Net Income Including Noncontrolling Interests | 26.67 | 26.59 | -9.98 | 15.61 |
| Net Income Continuous Operations | 26.67 | 26.59 | -9.98 | 15.61 |
| Special Income Charges | 0 | 0 | -19.72 | 0.27 |
| Impairment Of Capital Assets | 0 | 0 | 19.72 | 0 |
| Gain On Sale Of Security | 0 | 0 | -0.05 | 0.10 |
| Selling And Marketing Expense | 2.30 | 2.34 | 2.20 | 2.05 |
| General And Administrative Expense | 25.31 | 30.32 | 32.75 | 34.72 |
| Other Gand A | 0.87 | 0.92 | 0.93 | 1 |
| Insurance And Claims | 0.64 | 1.13 | 1.34 | 2.13 |
| Salaries And Wages | 23.80 | 28.27 | 30.48 | 31.59 |
| Operating Revenue | 75.31 | 80.08 | 65.83 | 73.30 |
| Occupancy And Equipment | 4.26 | 4.47 | 5.25 | 5.25 |
| Other Non Interest Expense | 7.65 | 8.48 | 13.05 | 12.54 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| MainStreet Bancshares, Inc.this co. | MNSB | $176M | 11.98↑ premium | 0.90 | 7.1% | - |
| CB Financial Services, Inc. | CBFV | $182M | 27.60 | 1.15 | 3.1% | - |
| Eagle Bancorp Montana, Inc. | EBMT | $181M | 11.38 | 0.93 | 7.7% | - |
| First Capital, Inc. | FCAP | $179M | 10.25 | 1.30 | 11.9% | - |
| BCB Bancorp, Inc. | BCBP |
| $179M |
| - |
| 0.63 |
| -4.1% |
| - |
| BV Financial, Inc. | BVFL | $172M | 14.55 | 853.91 | 7.3% | - |
| Landmark Bancorp, Inc. | LARK | $167M | 8.93 | 1.04 | 11.7% | - |
| Finance of America Companies Inc. | FOA | $166M | 4.91 | 0.47 | 11.4% | - |
| SelectQuote, Inc. | SLQT | $163M | - | 0.45 | 8.3% | 14.41 |
| Peer Median | - | 10.82 | 0.98 | 8.0% | 14.41 | |