MainStreet Bancshares, Inc. (NASDAQ:MNSB), a Virginia-based state commercial bank with a market capitalization of $123.45 million, has announced a change in schedule for its upcoming quarterly earnings conference call. The virtual webcast, initially planned for an earlier date, has now been set for Monday, January 27, 2025, at 2:00 p.m. Eastern Time. The stock currently trades at a P/E ratio of 13.85 and offers a dividend yield of 2.43%.
During the rescheduled webcast, the company will discuss its financial performance for the fourth quarter and the year-end results. According to InvestingPro analysis, investors should note that net income is expected to drop this year, though the company remains profitable. Additionally, MainStreet Bancshares will provide updates on recent company activities. This information is based on a press release statement. For comprehensive financial insights and additional ProTips, consider exploring InvestingPro.
The company has scheduled a virtual webcast and quarterly earnings conference call for January 21, 2025, where it will discuss Q4 results and year-end figures. According to InvestingPro, the company currently trades at a P/E ratio of 14.6, with two analysts revising their earnings expectations downward for the upcoming period.
In other financial news, MainStreet Bancshares declared a quarterly cash dividend for its 7.50% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, amounting to approximately $0.47 per Depositary Share. A cash dividend of $0.10 per share for common stockholders was also announced. The company has also issued its Q3 2024 earnings guidance, which is a significant update for investors.
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