MainStreet Bancshares Management
Management criteria checks 2/4
MainStreet Bancshares' CEO is Jeff Dick, appointed in Jan 2016, has a tenure of 8.5 years. total yearly compensation is $1.58M, comprised of 42.1% salary and 57.9% bonuses, including company stock and options. directly owns 3.39% of the company’s shares, worth $4.28M. The average tenure of the management team and the board of directors is 2.8 years and 8.5 years respectively.
Key information
Jeff Dick
Chief executive officer
US$1.6m
Total compensation
| CEO salary percentage | 42.1% |
| CEO tenure | 9yrs |
| CEO ownership | 3.4% |
| Management average tenure | 2.8yrs |
| Board average tenure | 8.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$9m |
| Jun 30 2024 | n/a | n/a | US$15m |
| Mar 31 2024 | n/a | n/a | US$20m |
| Dec 31 2023 | US$2m | US$666k | US$24m |
| Sep 30 2023 | n/a | n/a | US$27m |
| Jun 30 2023 | n/a | n/a | US$28m |
| Mar 31 2023 | n/a | n/a | US$27m |
| Dec 31 2022 | US$1m | US$614k | US$25m |
| Sep 30 2022 | n/a | n/a | US$22m |
| Jun 30 2022 | n/a | n/a | US$19m |
| Mar 31 2022 | n/a | n/a | US$20m |
| Dec 31 2021 | US$1m | US$570k | US$20m |
| Sep 30 2021 | n/a | n/a | US$23m |
| Jun 30 2021 | n/a | n/a | US$24m |
| Mar 31 2021 | n/a | n/a | US$17m |
| Dec 31 2020 | US$819k | US$508k | US$15m |
| Sep 30 2020 | n/a | n/a | US$12m |
| Jun 30 2020 | n/a | n/a | US$10m |
| Mar 31 2020 | n/a | n/a | US$14m |
| Dec 31 2019 | US$791k | US$500k | US$14m |
| Sep 30 2019 | n/a | n/a | US$14m |
| Jun 30 2019 | n/a | n/a | US$13m |
| Mar 31 2019 | n/a | n/a | US$11m |
| Dec 31 2018 | US$670k | US$440k | US$9m |
Compensation vs Market: Jeff's total compensation ($USD1.58M) is above average for companies of similar size in the US market ($USD645.01K).
Compensation vs Earnings: Jeff's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Jeff Dick (63 yo)
9yrs
Tenure
US$1,582,651
Compensation
Mr. Jeff W. Dick had been the President of MainStreet Bancshares, Inc. since May 18, 2022. He serves as Chairman of the Board and Chief Executive Officer of MainStreet Bancshares, Inc. since 2016. Mr. Dick...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 9yrs | US$1.58m | 3.39% $ 4.3m | |
| Senior EVP | 9yrs | US$663.64k | 2.14% $ 2.7m | |
| President & Director of MainStreet Bank | 4.5yrs | US$696.07k | 0.62% $ 789.4k | |
| President | less than a year | no data | 0.080% $ 100.7k | |
| Senior VP & Chief Accounting Officer | 5.3yrs | no data | 0.28% $ 353.7k | |
| Executive VP & Chief Information Officer | less than a year | no data | no data | |
| Executive VP & Chief Human Resources Officer | less than a year | no data | no data | |
| Executive Vice President | 1.1yrs | no data | no data | |
| Senior Vice President | no data | no data | 0.089% $ 112.6k | |
| Chief Risk Officer | no data | no data | 0.085% $ 107.3k | |
| Executive VP & Senior Lender | no data | no data | no data |
2.8yrs
Average Tenure
61.5yo
Average Age
Experienced Management: MNSB.P's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 8.5yrs | US$1.58m | 3.39% $ 4.3m | |
| Senior EVP | 8.5yrs | US$663.64k | 2.14% $ 2.7m | |
| President & Director of MainStreet Bank | 4.5yrs | US$696.07k | 0.62% $ 789.4k | |
| Independent Director | 8.5yrs | US$106.84k | 0.41% $ 520.5k | |
| Independent Director | 8.5yrs | US$66.00k | 0.23% $ 294.6k | |
| Independent Director | 6.1yrs | US$66.00k | 0.069% $ 86.9k | |
| Independent Director | 8.5yrs | US$66.03k | 0.34% $ 425.8k | |
| Director | 8yrs | US$66.01k | 1.63% $ 2.1m | |
| Director of MainStreet Bank | no data | no data | 0.098% $ 124.2k | |
| Independent Vice Chairman & Lead Independent Director | 8.5yrs | US$122.00k | 0.52% $ 659.1k | |
| Independent Director | 3.5yrs | US$63.03k | 0.14% $ 182.5k |
8.5yrs
Average Tenure
62.5yo
Average Age
Experienced Board: MNSB.P's board of directors are considered experienced (8.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 19:06 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
MainStreet Bancshares, Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Marinac | FIG Partners |
| Christopher Marinac | Janney Montgomery Scott LLC |