MainStreet Bancshares (NASDAQ:MNSBP) Shares Up 0.2% – Should You Buy?

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) traded up 0.2% on Wednesday . The company traded as high as $25.08 and last traded at $25.0890. Approximately 214 shares traded hands during trading, a decline of 87% from the average session volume of 1,623 shares. The stock had previously closed at $25.03.

MainStreet Bancshares Price Performance

The company has a fifty day simple moving average of $25.04 and a two-hundred day simple moving average of $24.89.

MainStreet Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $0.47 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.88 dividend on an annualized basis and a yield of 7.5%.

About MainStreet Bancshares

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.