MainStreet Bancshares, Inc.

NasdaqCM:MNSB Stock Report

Market Cap: US$120.8m

MainStreet Bancshares Management

Management criteria checks 2/4

MainStreet Bancshares' CEO is Jeff Dick, appointed in Jan 2016, has a tenure of 8.25 years. total yearly compensation is $1.58M, comprised of 42.1% salary and 57.9% bonuses, including company stock and options. directly owns 3.31% of the company’s shares, worth $4.00M. The average tenure of the management team and the board of directors is 2 years and 7.8 years respectively.

Key information

Jeff Dick

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage42.1%
CEO tenure8.3yrs
CEO ownership3.3%
Management average tenure2yrs
Board average tenure7.8yrs

Recent management updates

Recent updates

MainStreet Bancshares' (NASDAQ:MNSB) Dividend Will Be $0.10

Jan 26
MainStreet Bancshares' (NASDAQ:MNSB) Dividend Will Be $0.10

MainStreet Bancshares (NASDAQ:MNSB) Has Announced A Dividend Of $0.10

Oct 27
MainStreet Bancshares (NASDAQ:MNSB) Has Announced A Dividend Of $0.10

MainStreet Bancshares, Inc. (NASDAQ:MNSB) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Oct 26
MainStreet Bancshares, Inc. (NASDAQ:MNSB) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

MainStreet Bancshares GAAP EPS of $0.97 beats by $0.17, revenue of $19.44M beats by $1.96M

Oct 17

MainStreet Bancshares GAAP EPS of $0.71 beats by $0.06, revenue of $17.39M beats by $1.35M

Jul 25

New Forecasts: Here's What Analysts Think The Future Holds For MainStreet Bancshares, Inc. (NASDAQ:MNSB)

Jan 23
New Forecasts: Here's What Analysts Think The Future Holds For MainStreet Bancshares, Inc. (NASDAQ:MNSB)

Shareholders May Be A Bit More Conservative With MainStreet Bancshares, Inc.'s (NASDAQ:MNSB) CEO Compensation For Now

May 13
Shareholders May Be A Bit More Conservative With MainStreet Bancshares, Inc.'s (NASDAQ:MNSB) CEO Compensation For Now

Read This Before Selling MainStreet Bancshares, Inc. (NASDAQ:MNSB) Shares

Feb 25
Read This Before Selling MainStreet Bancshares, Inc. (NASDAQ:MNSB) Shares

Is MainStreet Bancshares, Inc. (NASDAQ:MNSB) Popular Amongst Insiders?

Jan 25
Is MainStreet Bancshares, Inc. (NASDAQ:MNSB) Popular Amongst Insiders?

Does MainStreet Bancshares' (NASDAQ:MNSB) Share Price Gain of 44% Match Its Business Performance?

Dec 18
Does MainStreet Bancshares' (NASDAQ:MNSB) Share Price Gain of 44% Match Its Business Performance?

Read This Before Selling MainStreet Bancshares, Inc. (NASDAQ:MNSB) Shares

Nov 22
Read This Before Selling MainStreet Bancshares, Inc. (NASDAQ:MNSB) Shares

CEO Compensation Analysis

How has Jeff Dick's remuneration changed compared to MainStreet Bancshares's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

US$20m

Dec 31 2023US$2mUS$666k

US$24m

Sep 30 2023n/an/a

US$27m

Jun 30 2023n/an/a

US$28m

Mar 31 2023n/an/a

US$27m

Dec 31 2022US$1mUS$614k

US$25m

Sep 30 2022n/an/a

US$22m

Jun 30 2022n/an/a

US$19m

Mar 31 2022n/an/a

US$20m

Dec 31 2021US$1mUS$570k

US$20m

Sep 30 2021n/an/a

US$23m

Jun 30 2021n/an/a

US$24m

Mar 31 2021n/an/a

US$17m

Dec 31 2020US$819kUS$508k

US$15m

Sep 30 2020n/an/a

US$12m

Jun 30 2020n/an/a

US$10m

Mar 31 2020n/an/a

US$14m

Dec 31 2019US$791kUS$500k

US$14m

Sep 30 2019n/an/a

US$14m

Jun 30 2019n/an/a

US$13m

Mar 31 2019n/an/a

US$11m

Dec 31 2018US$670kUS$440k

US$9m

Sep 30 2018n/an/a

US$6m

Jun 30 2018n/an/a

US$5m

Mar 31 2018n/an/a

US$5m

Dec 31 2017US$535kUS$385k

US$4m

Compensation vs Market: Jeff's total compensation ($USD1.58M) is above average for companies of similar size in the US market ($USD667.11K).

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 (62 yo)

8.3yrs

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

NamePositionTenureCompensationOwnership
Jeff Dick
CEO & Chairman of the Board8.3yrsUS$1.58m3.31%
$ 4.0m
Thomas Chmelik
Senior EVP8.3yrsUS$663.64k2.14%
$ 2.6m
Abdulhamid Hersiburane
President & Director of MainStreet Bank3.8yrsUS$696.07k0.62%
$ 752.1k
Todd Youngren
Presidentless than a yearno data0.079%
$ 96.0k
Richard Vari
Senior VP & Chief Accounting Officer4.6yrsno data0.25%
$ 301.3k
Jacob Hutchinson
Executive VP & Chief Information Officerless than a yearno datano data
Trish Smith
Executive VP & Chief Human Resources Officerless than a yearno datano data
Tom Floyd
Executive Vice Presidentless than a yearno datano data
William Freesmeier
Senior Vice Presidentno datano data0.089%
$ 107.3k
Michael Baboval
Chief Risk Officerno datano data0.12%
$ 149.5k
Mike Rudolph
Executive VP & Senior Lenderno datano datano data

2.0yrs

Average Tenure

60.5yo

Average Age

Experienced Management: MNSB's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeff Dick
CEO & Chairman of the Board7.8yrsUS$1.58m3.31%
$ 4.0m
Thomas Chmelik
Senior EVP7.8yrsUS$663.64k2.14%
$ 2.6m
Abdulhamid Hersiburane
President & Director of MainStreet Bank3.8yrsUS$696.07k0.62%
$ 752.1k
Darrell Green
Independent Director7.8yrsUS$106.84k0.39%
$ 477.0k
Paul Haddock
Independent Director7.8yrsUS$66.00k0.23%
$ 280.7k
Russell Echlov
Independent Director5.3yrsUS$66.00k0.061%
$ 73.8k
Patsy Rust
Independent Director7.8yrsUS$66.03k0.32%
$ 391.6k
Charles Brockett
Director7.3yrsUS$66.01k1.6%
$ 1.9m
Ali Manouchehri
Director of MainStreet Bankno datano data0.012%
$ 14.0k
Terry Saeger
Independent Vice Chairman & Lead Independent Director7.8yrsUS$122.00k0.52%
$ 628.0k
Elizabeth Bennett
Independent Director7.8yrsUS$66.02k0.18%
$ 221.5k
Rafael DeLeon
Independent Director2.8yrsUS$63.03k0.11%
$ 138.6k

7.8yrs

Average Tenure

62yo

Average Age

Experienced Board: MNSB's board of directors are considered experienced (7.8 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.