MNSB Stock Summary and Trading Ideas (Mainstreet Bancshares | NASDAQ:MNSB)

MainStreet Bancshares Inc is a bank holding company. It is focused on serving the borrowing, cash management and depository needs of small to medium-sized businesses, and professional practices and retail customers. The bank's products and services include business and consumer checking, premium interest-bearing checking, business account analysis, savings, certificates of deposit and other depository services, as well as a broad array of commercial, real estate and consumer loans.

Mainstreet Bancshares trades on the NASDAQ stock market under the symbol MNSB.

As of May 6, 2024, MNSB stock price declined to $16.50 with 8,026 million shares trading.

MNSB has a beta of 0.71, meaning it tends to be less sensitive to market movements. MNSB has a correlation of 0.07 to the broad based SPY ETF.

MNSB has a market cap of $125.63 million. This is considered a Micro Cap stock.

Last quarter Mainstreet Bancshares reported $16 million in Revenue and $.36 earnings per share. This fell short of revenue expectation by $-836,000 and missed earnings estimates by -$.16.

In the last 3 years, MNSB stock traded as high as $30.98 and as low as $14.97.

The top ETF exchange traded funds that MNSB belongs to (by Net Assets): VTI, IWM, VXF, IWN, BSVO.

MNSB has underperformed the market in the last year with a price return of -15.2% while the SPY ETF gained +28.3%. MNSB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -12.7% and -3.7%, respectively, while the SPY returned +4.8% and +4.3%, respectively.

MNSB support price is $16.15 and resistance is $16.97 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MNSB stock will trade within this expected range on the day.