MainStreet Bancshares (NASDAQ:MNSBP) Shares Down 0.6% – Should You Sell?

MainStreet Bancshares, Inc. (NASDAQ:MNSBPGet Free Report)’s stock price were down 0.6% during trading on Tuesday . The company traded as low as $24.80 and last traded at $24.80. Approximately 563 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 1,439 shares. The stock had previously closed at $24.96.

MainStreet Bancshares Price Performance

The firm’s 50 day simple moving average is $24.69 and its two-hundred day simple moving average is $24.61.

MainStreet Bancshares Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 15th were issued a dividend of $0.4688 per share. The ex-dividend date was Monday, December 15th. This represents a $1.88 annualized dividend and a yield of 7.6%.

MainStreet Bancshares Company Profile

(Get Free Report)

MainStreet Bancshares, Inc is a bank holding company headquartered in Stanwood, Washington, that provides commercial and consumer banking services through its subsidiary, MainStreet Bank. The company’s core activities include deposit-taking, lending, and treasury management, with an emphasis on personalized customer relationships. Through branch offices and digital channels, MainStreet Bancshares aims to serve small to mid-sized businesses, professionals, and individuals across its markets.

MainStreet Bancshares offers a range of deposit products, including checking accounts, savings accounts, money market accounts, certificates of deposit and individual retirement accounts.

See Also

Receive News & Ratings for MainStreet Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MainStreet Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.