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MainStreet Bancshares

Nasdaq:MNSB
Snowflake Description

Flawless balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MNSB
Nasdaq
$183M
Market Cap
  1. Home
  2. US
  3. Banks
Company description

MainStreet Bancshares, Inc. operates as the bank holding company for MainStreet Bank that provides various banking services for individuals, small to medium-sized businesses, and professionals primarily in Northern Virginia and the greater Washington, the District of Columbia metropolitan area. The last earnings update was 8 days ago. More info.


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MNSB Share Price and Events
7 Day Returns
-0.4%
NasdaqCM:MNSB
-0%
US Banks
-1.2%
US Market
1 Year Returns
9.4%
NasdaqCM:MNSB
-8%
US Banks
3.3%
US Market
MNSB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
MainStreet Bancshares (MNSB) -0.4% 0.4% -2% 9.4% 99.8% -
US Banks -0% 2.7% -0.8% -8% 45.6% 46.1%
US Market -1.2% 0.8% 0.9% 3.3% 35.9% 41.7%
1 Year Return vs Industry and Market
  • MNSB outperformed the Banks industry which returned -8% over the past year.
  • MNSB outperformed the Market in United States of America which returned 3.3% over the past year.
Price Volatility
MNSB
Industry
5yr Volatility vs Market

Value

 Is MainStreet Bancshares undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of MainStreet Bancshares to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for MainStreet Bancshares.

NasdaqCM:MNSB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $12.43 * 6.1%
$0.76
Book Value of Equity per Share Median Book Value from the past 5 years. $12.43
Discount Rate (Cost of Equity) See below 7.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:MNSB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.6
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.597 (1 + (1- 21%) (19.02%))
0.79
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 5.96%)
7.5%

Discounted Cash Flow Calculation for NasdaqCM:MNSB using Excess Returns Model Model

The calculations below outline how an intrinsic value for MainStreet Bancshares is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NasdaqCM:MNSB Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (6.1% – 7.5%) * $12.43)
$-0.17
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $-0.17 / (7.5% - 2.73%)
$-3.65
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $12.43 + $-3.65
$8.79
NasdaqCM:MNSB Discount to Share Price
Calculation Result
Value per share (USD) From above. $8.79
Current discount Discount to share price of $22.64
= -1 x ($22.64 - $8.79) / $8.79
-157.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of MainStreet Bancshares is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for MainStreet Bancshares's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are MainStreet Bancshares's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:MNSB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $1.61
NasdaqCM:MNSB Share Price ** NasdaqCM (2019-07-22) in USD $22.64
United States of America Banks Industry PE Ratio Median Figure of 595 Publicly-Listed Banks Companies 12.72x
United States of America Market PE Ratio Median Figure of 3,082 Publicly-Listed Companies 17.86x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of MainStreet Bancshares.

NasdaqCM:MNSB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:MNSB Share Price ÷ EPS (both in USD)

= 22.64 ÷ 1.61

14.04x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MainStreet Bancshares is overvalued based on earnings compared to the US Banks industry average.
  • MainStreet Bancshares is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does MainStreet Bancshares's expected growth come at a high price?
Raw Data
NasdaqCM:MNSB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.04x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
11.1%per year
United States of America Banks Industry PEG Ratio Median Figure of 271 Publicly-Listed Banks Companies 1.19x
United States of America Market PEG Ratio Median Figure of 2,119 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

NasdaqCM:MNSB PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 14.04x ÷ 11.1%

1.26x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MainStreet Bancshares is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on MainStreet Bancshares's assets?
Raw Data
NasdaqCM:MNSB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $15.97
NasdaqCM:MNSB Share Price * NasdaqCM (2019-07-22) in USD $22.64
United States of America Banks Industry PB Ratio Median Figure of 595 Publicly-Listed Banks Companies 1.2x
United States of America Market PB Ratio Median Figure of 5,248 Publicly-Listed Companies 1.79x
NasdaqCM:MNSB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:MNSB Share Price ÷ Book Value per Share (both in USD)

= 22.64 ÷ 15.97

1.42x

* Primary Listing of MainStreet Bancshares.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MainStreet Bancshares is overvalued based on assets compared to the US Banks industry average.
X
Value checks
We assess MainStreet Bancshares's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. MainStreet Bancshares has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is MainStreet Bancshares expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is MainStreet Bancshares expected to grow at an attractive rate?
  • MainStreet Bancshares's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • MainStreet Bancshares's earnings growth is positive but not above the United States of America market average.
  • MainStreet Bancshares's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:MNSB Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:MNSB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 11.1%
NasdaqCM:MNSB Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 9.6%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 1.8%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:MNSB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 weeks ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:MNSB Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 44 15 1
2019-12-31 40 13 1
NasdaqCM:MNSB Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 38 13
2019-03-31 35 14 11
2018-12-31 31 13 9
2018-09-30 27 6
2018-06-30 25 5
2018-03-31 23 5
2017-12-31 22 7 4
2017-09-30 21 4
2017-06-30 20 4
2017-03-31 20 4
2016-12-31 19 4
2016-09-30 19 4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • MainStreet Bancshares's earnings are expected to grow by 11.1% yearly, however this is not considered high growth (20% yearly).
  • MainStreet Bancshares's revenue is expected to grow by 9.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:MNSB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 weeks ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from MainStreet Bancshares Company Filings, last reported 3 weeks ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:MNSB Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 1.79 1.79 1.79 1.00
2019-12-31 1.62 1.62 1.62 1.00
NasdaqCM:MNSB Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 1.61
2019-03-31 1.48
2018-12-31 1.38
2018-09-30 1.05
2018-06-30 0.94
2018-03-31 0.89
2017-12-31 0.81
2017-09-30 0.93
2017-06-30 0.90
2017-03-31 0.89
2016-12-31 0.87
2016-09-30 0.84

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if MainStreet Bancshares will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess MainStreet Bancshares's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
MainStreet Bancshares has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has MainStreet Bancshares performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare MainStreet Bancshares's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • MainStreet Bancshares has delivered over 20% year on year earnings growth in the past 5 years.
  • MainStreet Bancshares's 1-year earnings growth exceeds its 5-year average (149.3% vs 39.9%)
  • MainStreet Bancshares's earnings growth has exceeded the US Banks industry average in the past year (149.3% vs 37.8%).
Earnings and Revenue History
MainStreet Bancshares's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from MainStreet Bancshares Company Filings, last reported 3 weeks ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:MNSB Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 38.36 12.70 18.98
2019-03-31 34.58 10.77 17.91
2018-12-31 31.28 9.21 16.70
2018-09-30 27.34 6.30 15.37
2018-06-30 24.91 5.09 14.39
2018-03-31 23.34 4.54 13.87
2017-12-31 21.87 3.88 13.20
2017-09-30 20.88 4.20 12.60
2017-06-30 20.28 4.07 12.36
2017-03-31 19.97 3.99 12.24
2016-12-31 19.38 3.88 11.93
2016-09-30 18.93 3.75 11.58
2016-06-30 17.57 3.09 11.19
2016-03-31 16.33 2.62 10.67
2015-12-31 15.41 2.17 10.43
2015-09-30 14.27 1.81 9.95
2015-06-30 14.11 2.09 9.47
2015-03-31 13.77 2.15 8.49
2014-12-31 12.60 1.75 8.49
2014-09-30 12.10 1.57 8.01
2014-06-30 11.31 1.18 8.01
2014-03-31 10.81 0.95 8.01
2013-12-31 10.91 1.01 8.01
2013-09-30 10.67 0.77 7.96
2013-03-31 9.62 0.05 7.96
2012-12-31 9.52 0.05 7.96
2012-09-30 9.09 -0.15 6.88

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • MainStreet Bancshares has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • MainStreet Bancshares used its assets more efficiently than the US Banks industry average last year based on Return on Assets.
  • Unable to establish if MainStreet Bancshares improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess MainStreet Bancshares's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
MainStreet Bancshares has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is MainStreet Bancshares's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of MainStreet Bancshares's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from MainStreet Bancshares Company Filings, last reported 3 weeks ago.

NasdaqCM:MNSB Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 129.04 34.79 64.81
2019-03-31 124.98 47.07 62.07
2018-12-31 121.25 55.97 51.57
2018-09-30 119.54 44.77 60.37
2018-06-30 72.16 59.88 31.27
2018-03-31 70.56 78.88 26.91
2017-12-31 68.80 68.53 29.29
2017-09-30 50.06 57.34 20.80
2017-06-30 48.76 54.90 19.48
2017-03-31 47.60 54.91 16.72
2016-12-31 46.39 54.21 18.07
2016-09-30 45.29 42.94 13.94
2016-06-30 44.15 44.41 17.48
2016-03-31 43.15 50.23 10.27
2015-12-31 42.12 49.53 7.21
2015-09-30 41.12 50.78 18.52
2015-06-30 40.66 1.17 7.28
2015-03-31 40.21 0.77
2014-12-31 39.76 1.90 7.17
2014-09-30 26.85 6.30
2014-06-30 26.21 1.00
2014-03-31 25.53 0.78
2013-12-31 25.29 1.50 4.48
2013-09-30 24.96 0.56
2013-03-31
2012-12-31 24.66 4.72 7.66
2012-09-30 24.45 4.83
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • MainStreet Bancshares has an acceptable proportion of non-loan assets held.
  • MainStreet Bancshares's liabilities are made up of primarily low risk sources of funding.
  • Loans at MainStreet Bancshares are broadly funded by customer deposits.
  • MainStreet Bancshares's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • MainStreet Bancshares has a sufficient allowance for bad loans.
  • MainStreet Bancshares has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess MainStreet Bancshares's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. MainStreet Bancshares has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is MainStreet Bancshares's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from MainStreet Bancshares dividends.
If you bought $2,000 of MainStreet Bancshares shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate MainStreet Bancshares's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate MainStreet Bancshares's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:MNSB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 480 Stocks 3.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:MNSB Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as MainStreet Bancshares has not reported any payouts.
  • Unable to verify if MainStreet Bancshares's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of MainStreet Bancshares's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as MainStreet Bancshares has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess MainStreet Bancshares's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can MainStreet Bancshares afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. MainStreet Bancshares has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of MainStreet Bancshares's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jeff Dick
COMPENSATION $660,024
AGE 58
TENURE AS CEO 3.5 years
CEO Bio

Mr. Jeff W. Dick has been the Chairman of the Board and Chief Executive Officer of MainStreet Bancshares, Inc. since 2016. Mr. Dick has been the Chairman and Chief Executive Officer of Mainstreet Bank (“Bank”) since joining it in April 2003. Mr. Dick is a co-founder of Bank. Mr. Dick served as the President of Bank and MainStreet Bancshares, Inc. from April 2003 to January 2017. From 1999 to January 2003, Mr. Dick served in various positions at Millennium Bank, N.A., including Executive Vice President. Prior to this, Mr. Dick was an advisor to the Bank of England and Financial Services Authority from 1996 to 1999. Mr. Dick began his banking career with the Office of the Comptroller of the Currency in 1983 as a Field Examiner and he became a Field Manager in Washington, D.C. in 1993. Mr. Dick serves as a Director of ICBA Bancard Inc. He serves as a member of the Independent Community Bankers of America’s (ICBA) Federal Delegate Board. He served as a Director of Millennium Bank, N.A. He was the Chairman of the Virginia Association of Community Banks (VACB). He is a Director of VACB. He served as director, Chief Lending Officer and Executive Vice President of another community bank. He is a Director the Dulles Regional Chamber of Commerce. Mr. Dick is a member of the Federal Reserve Board of Richmond’s Payments Advisory Counsel. Mr. Dick served on the Board of the Fairfax Law Foundation. He has a Diploma from the Imperial College London in Management and a B.S.B.A. in both Accounting and Management from the University of North Dakota. Mr. Dick earned his Executive M.B.A. (with distinction in Management) from the University of London Imperial College of Science, Technology and Medicine.

CEO Compensation
  • Jeff's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Jeff's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the MainStreet Bancshares management team in years:

3.5
Average Tenure
56
Average Age
  • The tenure for the MainStreet Bancshares management team is about average.
Management Team

Jeff Dick

TITLE
Chairman of the Board & CEO
COMPENSATION
$660K
AGE
58
TENURE
3.5 yrs

Chris Brockett

TITLE
President & Director
COMPENSATION
$418K
AGE
56
TENURE
2.5 yrs

Tom Chmelik

TITLE
Senior EVP
COMPENSATION
$434K
AGE
56
TENURE
3.5 yrs

Jacob Hutchinson

TITLE
Executive VP & COO

Abdul Hersiburane

TITLE
Executive VP & Director of Business Development

Mike Rudolph

TITLE
Executive VP & Senior Lender
Board of Directors Tenure

Average tenure and age of the MainStreet Bancshares board of directors in years:

3
Average Tenure
58
Average Age
  • The tenure for the MainStreet Bancshares board of directors is about average.
Board of Directors

Tom Haddock

TITLE
Vice Chairman & Lead Independent Director
COMPENSATION
$36K
AGE
79
TENURE
3.5 yrs

Jeff Dick

TITLE
Chairman of the Board & CEO
COMPENSATION
$660K
AGE
58
TENURE
3.5 yrs

Chris Brockett

TITLE
President & Director
COMPENSATION
$418K
AGE
56
TENURE
2.5 yrs

Tom Chmelik

TITLE
Senior EVP
COMPENSATION
$434K
AGE
56
TENURE
3 yrs

Patsy Rust

TITLE
Director
COMPENSATION
$47K
AGE
77
TENURE
3 yrs

Betsy Johns Bennett

TITLE
Director
COMPENSATION
$43K
AGE
64
TENURE
3 yrs

Terry Saeger

TITLE
Director
COMPENSATION
$27K
AGE
58
TENURE
3 yrs

Darrell Green

TITLE
Director
COMPENSATION
$80K
AGE
58
TENURE
3 yrs

Russell Echlov

TITLE
Director
AGE
44
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess MainStreet Bancshares's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. MainStreet Bancshares has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Update: MainStreet Bancshares (NASDAQ:MNSB) Stock Gained 11% In The Last Year

Check out our latest analysis for MainStreet Bancshares In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Before deciding if you like the current share price, check how MainStreet Bancshares scores on these 3 valuation metrics.

Simply Wall St -

How Much Of MainStreet Bancshares, Inc. (NASDAQ:MNSB) Do Insiders Own?

If you want to know who really controls MainStreet Bancshares, Inc. … MainStreet Bancshares is not a large company by global standards. … Taking a look at our data on the ownership groups (below), it's seems that.

Simply Wall St -

Here's What MainStreet Bancshares, Inc.'s (NASDAQ:MNSB) P/E Is Telling Us

We'll show how you can use MainStreet Bancshares, Inc.'s (NASDAQ:MNSB) P/E ratio to inform your assessment of the investment opportunity. … Based on the last twelve months, MainStreet Bancshares's P/E ratio is 15.39. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Company Info

Description

MainStreet Bancshares, Inc. operates as the bank holding company for MainStreet Bank that provides various banking services for individuals, small to medium-sized businesses, and professionals primarily in Northern Virginia and the greater Washington, the District of Columbia metropolitan area. The company offers demand, NOW, money market, savings, and sweep accounts, as well as certificates of deposit; and online banking, wire transfer, check imaging, remote deposit capture, and courier services. It also provides commercial loans, including 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 car loans, term loans, credit cards, and overdraft protection. In addition, the company provides third party and other payment services; and deposit insurance solutions. It operates six branches in Herndon, Fairfax, Fairfax City, McLean, Clarendon, and Leesburg, Virginia; and provides automated teller machine transaction services at approximately 55,000 locations in the United States, Canada, the United Kingdom, and Mexico. MainStreet Bancshares, Inc. was founded in 2003 and is headquartered in Fairfax, Virginia.

Details
Name: MainStreet Bancshares, Inc.
MNSB
Exchange: NasdaqCM
Founded: 2003
$182,928,936
8,079,900
Website: http://www.mstreetbank.com
Address: MainStreet Bancshares, Inc.
10089 Fairfax Boulevard,
Fairfax,
Virginia, 22030,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM MNSB Common Stock Nasdaq Capital Market US USD 18. Jul 2016
Number of employees
Current staff
Staff numbers
120
MainStreet Bancshares employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/23 00:53
End of day share price update: 2019/07/22 00:00
Last estimates confirmation: 2019/07/16
Last earnings filing: 2019/07/15
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.