Alert: New Earnings Report (10/28/24)-MainStreet Bancshares Inc (NASDAQ: MNSB).

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MainStreet Bancshares Inc (NASDAQ: MNSB) has reported E.P.S. of $-0.04 for its third fiscal quarter (ending September 30) versus $0.77 for the same period a year ago — a decline of -105%. For the latest four quarters through September 30, E.P.S. were $1.21 versus $3.59 for the same period a year ago — a decline of -66%.

Recent Price Action

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MainStreet Bancshares Inc (NASDAQ: MNSB) stock closed at $17.76 on 10/28/24 after a modest decline of -1.3%. However, trading volume in this decline was unusually low at 52% of normal. The stock has declined -5.6% during the last week and has performed in line with the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, MNSB is expected to be Value Creation neutral.

MainStreet Bancshares has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. MainStreet Bancshares has a neutral Appreciation Score of 51 and a slightly negative Power Rating of 40, with the Low Neutral Value Trend Rating the result.

Rating Review

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

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