MainStreet Bancshares, Inc. (MNSB) stock analysis
Close on Nov 12, 2026Market cap $152.75MP/E 11.0Yield 1.86%
StockData Score
Prices as of Nov 12, 2026How the score works
Mixed11 of 30 checks passed
MainStreet Bancshares passes 11 of the 30 checks behind our score; 7 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 4/6
- Growth
- 2/6
- Past performance
- 0/6
- Financial health
- 2/6
- Dividend
- 3/6
What stands out
Trading below fair value
The share price of $21.45 is below our fair value estimate of $25.77.
Revenue growing 10%+ a year
Revenue grew 15.2% a year over the last three fiscal years.
P/E below the industry
MainStreet Bancshares's P/E of 11.0 is below the Commercial Banks median of 12.0.
Covered by free cash flow
Dividends take 12.4% of free cash flow.
What to watch
Margin of safety under 20%
The price is 16.8% below fair value, less than the 20% cushion we look for.
Return on equity under 15%
Return on equity was 7.6% over the last twelve months and averaged 8.3% over five years; we look for 15% on both.
Earnings shrank over 5 years
Net income shrank 0.1% a year on average over the last five fiscal years.
EPS growing under 10% a year
Diluted EPS grew -18.6% a year over the last three fiscal years.
Valuation4/6
P/E above its 5-year median
MainStreet Bancshares's P/E of 11.0 is above its own 5-year median of 8.9.
P/E below the industry
MainStreet Bancshares's P/E of 11.0 is below the Commercial Banks median of 12.0.
P/S below the industry
MainStreet Bancshares's price-to-sales of 1.13 is below the Commercial Banks median of 3.61.
P/B below the industry
MainStreet Bancshares's price-to-book of 0.71 is below the Commercial Banks median of 1.28.
Trading below fair value
The share price of $21.45 is below our fair value estimate of $25.77.
Margin of safety under 20%
The price is 16.8% below fair value, less than the 20% cushion we look for.
Growth2/6
Revenue growing 10%+ a year
Revenue grew 15.2% a year over the last three fiscal years.
EPS growing under 10% a year
Diluted EPS grew -18.6% a year over the last three fiscal years.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing faster than the industry
Revenue grew 261% over the last twelve months; the Commercial Banks median is 11.3%.
Company guidance
No outlook found in earnings releases from the last twelve months.
Gross margin trend
Banks and insurers do not report gross profit.
Past performance0/6
Return on equity under 15%
Return on equity was 7.6% over the last twelve months and averaged 8.3% over five years; we look for 15% on both.
Return on assets under 1%
Return on assets was 0.8%; for a bank or insurer, 1% or more is considered good.
Return on equity below the industry
MainStreet Bancshares's return on equity of 7.6% is below the Commercial Banks median of 11.5%.
Earnings shrank over 5 years
Net income shrank 0.1% a year on average over the last five fiscal years.
Net margin below its 5-year average
Net margin was 12.1% over the last twelve months, against a 5-year average of 194%.
Net margin below the industry
MainStreet Bancshares's net margin of 12.1% is below the Commercial Banks median of 30.3%.
Financial health2/6
Well capitalized
Equity is 9.6% of total assets; 8% or more is a comfortable cushion.
Loans funded by deposits
Needs loans and deposits.
Adequate loan-loss reserve
The allowance for credit losses is not reported.
High cost base
Non-interest expense takes 68.3% of revenue; under 60% is efficient for a bank.
Deposits growing
Deposits grew 6.2% over the past year.
Borrowings
Needs debt and equity figures.
Dividend3/6
Pays a dividend
MainStreet Bancshares paid dividends worth 1.9% of the share price over the last twelve months.
Yield below Treasuries
The 1.9% yield is below the 4.6% on a 1-year Treasury.
Yield below the top quarter
The top quarter of US dividend payers yield 3.9% or more; MainStreet Bancshares yields 1.9%.
Dividend stability
Fewer than five years of dividend history.
Covered by earnings
Dividends take 17.9% of net income.
Covered by free cash flow
Dividends take 12.4% of free cash flow.
Fair value
How we estimate itOur estimate per share
$25.77
The share price is 17% below this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| P/E | 10.5× | 8.9× | 12.0× | $20.42 | 50% |
| P/B | 1.0× | 0.8× | 1.3× | $31.13 | 50% |
| Fair value | $25.77 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Own 5-year median 8.9
- Commercial Banks median 12.0
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
High risk
- Average value traded per day
- $822.32K
- Value traded per 1% price move
- $659.19K
Downside
Low risk
- Typical loss in a bad month
- 12.9%
- Volatility (annualized)
- 28%
- Sharpe ratio, 1 year
- 0.48
- Beta to the S&P 500 (5Y)
- 0.44
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2017 to 2025
Gross margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -1.6% | +15.2% | +20.5% | – | |
| Gross profit | +11.8% | -0.8% | – | – | |
| Net income | – | -16.3% | -0.1% | – | |
| EPS, diluted | – | -18.6% | -1.0% | – | |
| Free cash flow | -23.1% | -31.0% | -7.5% | – | |
| Dividend per share | 0.0% | +17.0% | – | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 10.3% | 7.3% | |
| Return on assets | – | 1.1% | 0.7% | |
| Capex to revenue | – | 2.4% | 3.1% | |
| Diluted shares | – | 8M | 8M |
Where the cash went
Fiscal 2021 to 2025, five years combined
MainStreet Bancshares generated $123.85M from operations and spent $31.53M on capital expenditure, dividends and share buybacks. 27% of that went back into the business.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 11.5% | 0.06× | 10.41× | 7.3% |
| FY2024 | -7.2% | 0.06× | 9.93× | -4.6% |
| FY2023 | 20.8% | 0.07× | 9.32× | 12.7% |
| FY2022 | 30.1% | 0.05× | 9.11× | 13.8% |
| FY2021 | 913.9% | 0.00× | 9.23× | 12.4% |
| FY2020 | 29.4% | 0.04× | 9.58× | 10.3% |
| FY2019 | 31.5% | 0.04× | 9.21× | 10.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$15.61M
- Cash generatingOperating cash flow above zero$14.81M
- Return on assets improvedROA up on the prior year-0.5% → 0.7%
- Earnings backed by cashOperating cash flow above net income$14.81M vs $15.61M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise8M → 8M
- Gross margin improvedGross margin up on the prior year47.75% → 54.25%
- More efficientAsset turnover rose0.07 → 0.06
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