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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 | 8.2% | 11.4% | -256.4% |
| 2024 | $66M | - | $-10M | $9M | -5.5% | -17.8% | -137.5% |
| 2023 | $80M | - | $27M | $26M | 13.7% | 6.3% | -0.3% |
| 2022 | $75M | - | $27M | $26M | 15.6% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 75.31 | 80.08 | 65.83 | 73.30 |
| Operating Revenue | - | 75.31 | 80.08 | 65.83 | 73.30 |
| Selling General And Administration | - | 27.61 | 32.66 | 34.94 | 36.77 |
| Interest Income | - | 84.02 | 124.42 | 134.62 | 131.59 |
| Interest Expense | - | 13.37 | 47.68 | 72.04 | 62.04 |
| Net Interest Income | - | 70.65 | 76.74 | 62.57 | 69.54 |
| Pretax Income | - | 33.39 | 32.82 | -13.90 | 19.09 |
| Tax Provision | - | 6.71 | 6.24 | -3.92 | 3.48 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | -5.57 | 0.05 |
| Net Income Continuous Operations | - | 26.67 | 26.58 | -9.98 | 15.61 |
| Net Income From Continuing And Discontinued Operation | - | 26.67 | 26.58 | -9.98 | 15.61 |
| Net Income From Continuing Operation Net Minority Interest | - | 26.67 | 26.58 | -9.98 | 15.61 |
| Net Income | - | 26.67 | 26.58 | -9.98 | 15.61 |
| Net Income Common Stockholders | - | 24.52 | 24.43 | -12.14 | 13.46 |
| Net Income Including Noncontrolling Interests | - | 26.67 | 26.58 | -9.98 | 15.61 |
| Normalized Income | - | 26.67 | 26.58 | 4.18 | 15.39 |
| Diluted NI Availto Com Stockholders | - | 24.52 | 24.43 | -12.14 | 13.46 |
| Basic Average Shares | - | 7.53 | 7.52 | 7.61 | 7.65 |
| Diluted Average Shares | - | 7.53 | 7.52 | 7.61 | 7.65 |
| Reconciled Depreciation | - | 2.58 | 2.74 | 4.63 | 4.94 |
| Total Unusual Items | - | 0 | 0 | -19.72 | 0.27 |
| Total Unusual Items Excluding Goodwill | - | 0 | 0 | -19.72 | 0.27 |
| Preferred Stock Dividends | - | 2.16 | 2.16 | 2.16 | 2.16 |
| 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 |
| General And Administrative Expense | - | 25.31 | 30.32 | 32.75 | 34.72 |
| Other Gand A | - | 0.87 | 0.92 | 0.93 | 1 |
| Salaries And Wages | - | 23.80 | 28.27 | 30.48 | 31.59 |
| Insurance And Claims | - | 0.64 | 1.13 | 1.34 | 2.13 |
| Selling And Marketing Expense | - | 2.30 | 2.34 | 2.20 | 2.05 |
| 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 | $166M | 12.33 | 0.76 | 6.2% | - |
| Eagle Bancorp Montana, Inc. | EBMT | $181M | 12.18 | 0.94 | 7.7% | - |
| Finance of America Companies Inc. | FOA | $179M | 3.98 | 0.55 | 13.9% | - |
| SelectQuote, Inc. | SLQT | $176M | 3.69 | 0.50 | 13.5% | 3.77 |
| Landmark Bancorp, Inc. | LARK |
| - |
| - |
| - |
| - |
| - |
| - |
| $175M |
| 9.30 |
| 1.09 |
| 11.7% |
| - |
| BV Financial, Inc. | BVFL | $174M | 12.90 | 0.95 | 7.3% | - |
| CB Financial Services, Inc. | CBFV | $174M | 35.48 | 1.10 | 3.1% | - |
| Westwood Holdings Group, Inc. | WHG | $161M | 22.75 | 1.28 | 5.6% | 15.34 |
| ECB Bancorp, Inc. | ECBK | $158M | 20.35 | 0.92 | 4.5% | - |
| Peer Median | - | 12.54 | 0.94 | 7.5% | 9.55 | |