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MainStreet Bancshares Shares Fall After Lower Q2 Results
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MainStreet Bancshares Shares Fall After Lower Q2 Results
Jul 29, 2024 10:52 AM

01:24 PM EDT, 07/29/2024 (MT Newswires) -- MainStreet Bancshares ( MNSB ) shares were down 3.5% in recent trading after the company reported Q2 earnings Monday of $0.27 per diluted share, down from $0.85 a year earlier.

Two analysts polled by Capital IQ expected $0.29.

Revenue for the quarter ended June 30, expressed as the sum of net interest income and total noninterest income, was $16.2 million, down from $20.1 million a year earlier.

A single analyst surveyed by Capital IQ expected $16.8 million.

Price: 17.55, Change: -0.63, Percent Change: -3.47

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