Alert: New Earnings Report (4/22/24)-MainStreet Bancshares Inc (NASDAQ: MNSB).

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MainStreet Bancshares Inc (NASDAQ: MNSB) has reported E.P.S. of $0.36 for its first fiscal quarter (ending March 31) versus $1.01 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $2.59 versus $3.64 for the same period a year ago.

Recent Price Action

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MainStreet Bancshares Inc (NASDAQ: MNSB) stock suffered a large decline of -9.5% on 4/22/24. The stock closed at $15.60. Moreover, trading volume in this decline was exceptionally high at 280% of normal. The stock has been weak relative to the market over the last nine months and has declined -7.3% during the last week.

Current PriceTarget Research Rating

MNSB’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.

MainStreet Bancshares has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. MainStreet Bancshares has a slightly positive Appreciation Score of 67 and a neutral Power Rating of 42, and the Neutral Value Trend Rating results.

Rating Review

In light of this new information and negative market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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