MainStreet Bancshares, Inc.
Close on Oct 19, 2026
- Market cap
- $169.17M
- P/E (TTM)
- 11.6
- Dividend yield
- 1.70%
About MainStreet Bancshares
State Commercial Banks, SIC 6022
MainStreet Bancshares, Inc. is a financial holding company that operates primarily through its wholly owned subsidiary, MainStreet Bank, as well as MainStreet Community Capital, LLC. The company provides a broad range of commercial and retail banking products and services, including business and personal checking, savings, certificates of deposit, cash management, and wire transfers. It offers commercial lending, real estate construction and mortgage financing, and consumer installment loans. MainStreet Bancshares primarily serves individuals, small to medium-sized businesses, and professionals.
The company operates seven bank branches situated in Herndon, Fairfax, McLean, Clarendon, Leesburg, and Middleburg, Virginia, along with one branch located in Washington, D.C. Customers also have access to an automated teller machine network spanning more than 55,000 locations across the United States, Canada, the United Kingdom, and Mexico. MainStreet Bancshares maintains its executive offices and headquarters in Fairfax, Virginia.
Summary of the business section of MainStreet Bancshares's latest annual report, written by StockData.
Company profile
Company
- Legal name
- MainStreet Bancshares, Inc.
- Founded
- 2004
- Headquarters
- Fairfax, VA
- Address
- 10089 Fairfax Boulevard 22030
- Phone
- (703) 481-4567
- Website
- mstreetbank.com
- Employees
- 171, Dec 31, 2025
- Industry
- State Commercial Banks
- Incorporated in
- Virginia
- Fiscal year ends
- December 31
- Auditor
- Yount, Hyde & Barbour, P.C., Winchester, Virginia, USA
Stock & identifiers
- Ticker
- MNSB
- Other tickers
- MNSBP
- Exchange
- Nasdaq
- IPO date
- Sep 6, 2005
- Shares outstanding
- 7M, Jul 31, 2026
- Public float
- $145.61M, Jun 30, 2025
- Filer category
- Accelerated filer<br>Smaller reporting company
- SEC CIK
- 1693577
- CUSIP
- 56064Y100
- ISIN
- US56064Y1001
- LEI
- 549300FHZZP7SP56TS88
- EIN
- 81-2871064
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jeff W. Dick | Chairman, President and CEO, Director | 270,817 |
| Thomas J. Chmelik | Senior EVP, Director | 117,756 |
| Richard Alexander Vari | Chief Financial Officer | 39,914 |
| Abdulhamid Hersiburane | President, MainSteet Bank | 44,659 |
| William Freesmeier | SVP, Chief of Staff | 9,745 |
| Michael B. Baboval | Chief Risk Officer | 10,247 |
| Todd Youngren | EVP, Director | 5,041 |
| Rafael E. DeLeon | Director | 15,301 |
| Wendy Adeler Hall | Director | 2,727 |
| Darrell Green | Director | 35,556 |
| Patsy I. Rust | Director | 26,630 |
| Russell Echlov | Director | 5,100 |
| Charles C. Brockett | Director | 120,797 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $1.27M | $1.30M | $490.24K | $79 | – |
| FY2024 | $741.96K | $530.73K | $502.07K | $77 | – |
| FY2023 | $1.58M | $1.48M | $679.72K | $104 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“Turning to our staff, as of December 31, 2025, the Company employed 171 full-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Sep 15, 2020 | Listing | Registration of securities on an exchange (Form 8-A) |
| Feb 15, 2019 | Spin-off | Registration as a new public company (Form 10), e.g. spin-off |