Group 1 - MainStreet Bank (MNSB) has reached a significant support level and is considered a good investment pick from a technical perspective due to a recent "golden cross" formation [1] - The golden cross occurs when a stock's short-term moving average, specifically the 50-day, breaks above its longer-term moving average, the 200-day, indicating a bullish breakout [1][2] - MNSB has experienced an 11.4% gain over the past four weeks and currently holds a 1 (Strong Buy) rating on the Zacks Rank, suggesting potential for further breakout [3] Group 2 - The successful golden cross event consists of three stages: the stock price bottoms out, the shorter moving average crosses above the longer one, and the stock maintains upward momentum [2] - MNSB's positive earnings outlook for the current quarter strengthens the bullish case, with no earnings estimates declining and one revision higher in the past two months [3] - Investors are encouraged to add MNSB to their watchlist due to the important technical indicator and the positive movement in earnings estimates [5]

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for successful short-term investing, highlighting that price movements should be supported by strong fundamentals and positive earnings estimates [1][2]. Group 1: Stock Performance - MainStreet Bank (MNSB) has shown a solid price increase of 18.5% over the past 12 weeks, indicating investor confidence in its potential upside [4]. - MNSB's stock has increased by 28.8% in the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, MNSB is trading at 80.4% of its 52-week high-low range, indicating a potential breakout opportunity [5]. Group 2: Fundamental Strength - MNSB holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like MNSB that are on an uptrend supported by strong fundamentals [3]. - The Zacks Rank stock-rating system has a proven track record, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988, indicating a reliable strategy for stock selection [7].

PART I – FINANCIAL INFORMATION [Consolidated Financial Statements](index=4&type=section&id=Item%201%20%E2%80%93%20Consolidated%20Financial%20Statements) For the first quarter ended March 31, 2025, MainStreet Bancshares, Inc. reported total assets of **$2.22 billion**, a slight decrease from **$2.23 billion** at year-end 2024. Net income was **$2.45 million**, a decrease from **$3.31 million** in the same period of 2024, resulting in diluted earnings per share of **$0.25**, down from **$0.36** year-over-year. The financial statements reflect stable loan and deposit balances, with a strategic pivot away from its Banking-as-a-Service (BaaS) initiative to refocus on core community banking Consolidated Statements of Financial Condition (Unaudited) | (Dollars in thousands) | At March 31, 2025 | At December 31, 2024 | | :--- | :--- | :--- | | **Total Assets** | **$2,222,845** | **$2,228,098** | | Loans, net | $1,811,789 | $1,810,556 | | Total deposits | $1,908,325 | $1,907,794 | | **Total Liabilities** | **$2,013,227** | **$2,020,107** | | **Total Stockholders' Equity** | **$209,618** | **$207,991** | Consolidated Statements of Income (Unaudited) | (Dollars in thousands, except per share data) | For the Three Months Ended March 31, 2025 | For the Three Months Ended March 31, 2024 | | :--- | :--- | :--- | | Net Interest Income | $16,510 | $15,625 | | Provision For Credit Losses - Loans | $0 | $164 | | **Net Income** | **$2,453** | **$3,305** | | Net Income Available to Common Shareholders | $1,914 | $2,766 | | **Diluted Earnings Per Common Share** | **$0.25** | **$0.36** | - In the first quarter of 2025, the Company made a strategic decision to pivot away from its Banking-as-a-Service (BaaS) initiative and its fintech core platform, Avenu, to concentrate on its core community banking activities[20](index=20&type=chunk) [Notes to Consolidated Financial Statements](index=10&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) The notes detail the company's accounting policies, including the recent adoption of ASU 2023-07 for segment reporting. They provide breakdowns of the investment securities portfolio, which is primarily composed of collateralized mortgage-backed securities and municipal bonds, and the loan portfolio, dominated by commercial and residential real estate. The notes also cover derivatives used for customer accommodation, fair value measurements, lease obligations, and segment performance, which shows the Core Banking segment as profitable and the Financial Technology segment incurring a loss Investment Securities Composition (March 31, 2025) | (Dollars in thousands) | Amortized Cost | Fair Value | | :--- | :--- | :--- | | **Available-for-Sale** | **$65,509** | **$55,935** | | Collateralized Mortgage Backed | $21,134 | $17,488 | | Municipal Securities | $32,605 | $27,621 | | **Held-to-Maturity** | **$15,657** | **$15,354** | | Municipal Securities | $13,157 | $12,867 | Loan Portfolio Composition (March 31, 2025) | (Dollars in thousands) | Gross Loans | | :--- | :--- | | Residential Real Estate | $451,324 | | Commercial Real Estate | $933,349 | | Construction and Land Development | $344,816 | | Commercial – Non Real Estate | $105,180 | | **Total Gross Loans** | **$1,836,001** | Segment Performance (Q1 2025) | (Dollars in thousands) | Core Banking | Financial Technology | Consolidated | | :--- | :--- | :--- | :--- | | **Segment profit (loss)** | **$5,361** | **($2,226)** | **$3,135** | | Segment assets | $2,222,779 | $66 | $2,222,845 | [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=38&type=section&id=Item%202%20%E2%80%93%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management reported a decrease in net income to **$2.5 million** for Q1 2025, down from **$3.3 million** in Q1 2024, primarily due to a **$1.8 million** increase in non-interest expense, driven by higher salaries, severance costs, and outside services. Net interest income grew by **5.6%** to **$16.6 million**, benefiting from a **33 basis point** increase in the interest rate spread. The loan portfolio remained stable at **$1.81 billion**, with a notable concentration in Commercial Real Estate (CRE) loans, which management addresses through robust underwriting and stress testing. The allowance for credit losses was stable at **1.06%** of gross loans, and non-performing assets remained at **0.97%** of total assets. The company maintains a strong liquidity position and capital ratios well above regulatory requirements [Comparison of Results of Operations](index=42&type=section&id=Comparison%20of%20Results%20of%20Operations) For Q1 2025 compared to Q1 2024, net income decreased by **$0.9 million**. This was driven by a **$1.8 million** rise in non-interest expenses, mainly from salaries, severance, and outside services. Despite this, net interest income increased by **$0.9 million** due to loan growth and a wider interest rate spread. The provision for credit losses was zero, compared to a **$164,000** provision in the prior year. Non-interest income saw a modest increase of **$143,000** - Net income decreased by **$0.9 million** to **$2.5 million** for Q1 2025, primarily impacted by a **$1.8 million** increase in non-interest expense[124](index=124&type=chunk) - Net interest income increased by approximately **$0.9 million (5.6%)** to **$16.6 million**, with the net interest margin remaining stable at **3.30%**[131](index=131&type=chunk)[132](index=132&type=chunk) - Non-interest expense increased by **$1.8 million (15%)**, primarily due to an **$897,000** increase in salaries and employee benefits (including severance), a **$434,000** increase in other operating expenses, and a **$399,000** increase in outside services[147](index=147&type=chunk) [Comparison of Financial Condition](index=49&type=section&id=Comparison%20of%20Financial%20Condition) As of March 31, 2025, total assets slightly decreased by **$5.3 million** to **$2.22 billion** from year-end 2024. Net loans grew marginally by **$1.2 million** to **$1.81 billion**, with increases in commercial and residential real estate loans offset by a decrease in construction loans. The company holds a significant concentration in Commercial Real Estate (CRE) loans, representing **388.2%** of risk-based capital, which is actively managed. Deposits remained stable at **$1.91 billion**, with a shift in composition including an increase in non-interest-bearing demand deposits and a decrease in money market accounts. Wholesale deposits increased to **$577.9 million**, serving as a key funding source - The company holds a significant concentration in commercial real estate (CRE) loans. As of March 31, 2025, total CRE loans represented **388.2%** of consolidated risk-based capital. Management maintains heightened risk management procedures and strong underwriting criteria for this portfolio[156](index=156&type=chunk)[157](index=157&type=chunk) Allowance for Credit Losses Ratios | Ratio | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Allowance to non-performing loans | 89.83% | 89.84% | | Allowance to gross loans | 1.06% | 1.06% | Nonperforming Assets | (Dollars in thousands) | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Total non-performing loans | $21,664 | $21,650 | | Total non-performing assets | $21,664 | $21,650 | | Non-performing assets to total assets | 0.97% | 0.97% | - Wholesale deposits increased by **$109.8 million** to **$577.9 million** as of March 31, 2025, providing a diversified and stable source of funding[180](index=180&type=chunk) [Liquidity and Capital Resources](index=61&type=section&id=Liquidity%20and%20Capital%20Resources) The company maintains a strong liquidity position, with primary funding from deposits and supplemental sources from FHLB advances and other borrowings. As of March 31, 2025, cash and cash equivalents totaled **$202.6 million**. The company had an additional secured borrowing capacity of **$554.8 million** from the FHLB and **$144.0 million** from other institutions. All capital ratios remained well above the regulatory requirements for being well-capitalized - As of March 31, 2025, the company had access to significant supplemental liquidity, including **$554.8 million** in secured borrowing capacity from the FHLB and **$144.0 million** from other financial institutions[185](index=185&type=chunk) Bank Capital Ratios (March 31, 2025) | Ratio | Actual | Well Capitalized Requirement | | :--- | :--- | :--- | | Total capital (to risk-weighted assets) | 15.83% | ≥ 10.0% | | Common equity tier 1 capital | 14.78% | ≥ 6.5% | | Tier 1 capital (to risk-weighted assets) | 14.78% | ≥ 8.0% | | Tier 1 capital (to average assets) | 12.90% | ≥ 5.0% | [Quantitative and Qualitative Disclosures about Market Risk](index=64&type=section&id=Item%203%20%E2%80%93%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) The company's most significant market risk is interest rate risk, which is managed by the Asset/Liability Committee. The company uses simulation models to estimate the impact of interest rate changes on net interest income over a 12-month period. As of March 31, 2025, the model shows that a **100 basis point** increase in rates would increase net interest income by **2.36%**, while a **100 basis point** decrease would reduce it by **1.91%** Net Interest Income Sensitivity Analysis (March 31, 2025) | Basis Point Change in Interest Rates | Year 1 Change From Level | | :--- | :--- | | +400 | 5.70% | | +200 | 3.90% | | +100 | 2.36% | | **Level** | **—** | | -100 | (1.91)% | | -200 | (2.15)% | [Controls and Procedures](index=64&type=section&id=Item%204%20%E2%80%93%20Controls%20and%20Procedures) Management, including the CEO and CFO, evaluated the company's disclosure controls and procedures as of March 31, 2025, and concluded they were effective. There were no changes in internal control over financial reporting during the first quarter that materially affected, or are reasonably likely to materially affect, these controls - The Chief Executive Officer and Chief Financial Officer concluded that the company's disclosure controls and procedures were designed and operating in an effective manner as of March 31, 2025[205](index=205&type=chunk) - No material changes to the company's internal control over financial reporting occurred during the first fiscal quarter of 2025[206](index=206&type=chunk) PART II – OTHER INFORMATION [Legal Proceedings](index=65&type=section&id=Item%201%20%E2%80%93%20Legal%20Proceedings) As of March 31, 2025, the Company was not involved in any pending legal proceedings other than routine matters occurring in the ordinary course of business, which are not expected to be material to its financial condition or operating results - The Company is not involved in any material pending legal proceedings outside the ordinary course of business[207](index=207&type=chunk) [Risk Factors](index=65&type=section&id=Item%201A%20%E2%80%93%20Risk%20Factors) As a smaller reporting company, MainStreet Bancshares, Inc. is not required to provide a risk factor update in its Form 10-Q. The company refers to the Risk Factors section in its Annual Report on Form 10-K for the year ended December 31, 2024 - This section is not required for smaller reporting companies. Reference is made to the company's Annual Report on Form 10-K for risk factors[208](index=208&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=65&type=section&id=Item%202%20%E2%80%93%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) During the first quarter of 2025, the Company repurchased **24,909 shares** of its common stock under a publicly announced plan. All repurchases occurred in January 2025 at an average price of **$17.88 per share** Common Stock Repurchases (Q1 2025) | Period | Total Shares Purchased | Average Price Paid per Share | | :--- | :--- | :--- | | January 2025 | 24,909 | $17.88 | | February 2025 | — | $— | | March 2025 | — | $— | | **Total** | **24,909** | **—** | [Other Information](index=65&type=section&id=Item%205%20-%20Other%20Information) During the quarter ended March 31, 2025, no directors or executive officers adopted, modified, or terminated any Rule 10b5-1 trading plans or other non-Rule 10b5-1 trading arrangements for the purchase or sale of company securities - No directors or executive officers adopted, modified, or terminated any Rule 10b5-1 trading plans during the fiscal quarter[211](index=211&type=chunk) [Exhibits](index=66&type=section&id=Item%206%20%E2%80%93%20Exhibits) This section lists the exhibits filed with the Quarterly Report on Form 10-Q, including the CEO and CFO certifications required under Rule 13a-14(a) and Section 1350, as well as the Inline XBRL financial data files - Exhibits filed include: * 31.1: CEO Certification * 31.2: CFO Certification * 32.0: Section 1350 Certification * 101 & 104: Inline XBRL documents[213](index=213&type=chunk)[214](index=214&type=chunk) [Signatures](index=67&type=section&id=SIGNATURES)

Core Viewpoint - MainStreet Bank (MNSB) has received a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, indicating a positive outlook for the company's stock price [1][2]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for MainStreet Bank for the fiscal year ending December 2025 is projected at $1.77 per share, reflecting a significant increase of 227.8% from the previous year's reported figure [7]. - Over the past three months, analysts have raised their earnings estimates for MainStreet Bank by 73.5% [7]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [6]. - The Zacks rating system maintains a balanced distribution of 'buy' and 'sell' ratings, ensuring that only the top 5% of stocks receive a 'Strong Buy' rating, indicating superior earnings estimate revisions [8][9]. Market Implications - The upgrade to Zacks Rank 1 positions MainStreet Bank in the top 5% of Zacks-covered stocks, suggesting potential for higher stock price movement in the near term [9]. - Rising earnings estimates and the corresponding rating upgrade imply an improvement in MainStreet Bank's underlying business, which could lead to increased investor interest and stock appreciation [4].

Financial Data and Key Metrics Changes - The net interest margin increased by 34 basis points from the previous quarter to 3.3% [7] - Earnings per common share were reported at $0.25, with a return on average assets of 0.46% and a return on average equity of 4.78% [8] - Non-performing loans remained steady at $21.7 million, expected to reduce to $10.5 million with a court-approved payoff in June [7][32] Business Line Data and Key Metrics Changes - The loan portfolio experienced nominal net growth of $1 million quarter on quarter [20] - Non-owner occupied commercial real estate loans grew by $25 million, accounting for 31% of the portfolio [21] - Construction loans decreased by $47 million, while multi-family loans increased by $12 million [22][23] Market Data and Key Metrics Changes - The D.C. Metropolitan area is characterized by low unemployment and good median household incomes, with a vibrant housing market [4] - The market remains a seller's market, particularly in residential real estate, while the condo market is expected to recover as interest rates approach 5% [4] Company Strategy and Development Direction - The company has discontinued the Avenue banking-as-a-service initiative to focus on core banking operations [6][38] - There is a strategic emphasis on reducing funding costs and expanding the net interest margin through balance sheet management [12][16] - The company aims to capitalize on pricing opportunities in a stable or decreasing rate environment [14][16] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing strong loan demand and positive resolutions on non-performing loans [9][36] - The company is closely monitoring political and economic conditions that may impact business strategy [5][140] - Management believes the current environment is positive for the bank, focusing on core banking to enhance shareholder value [99][102] Other Important Information - The company anticipates a 12.5% decrease in operating expenses during the second quarter [16] - The company has credit facilities for over 35% of its deposit portfolio [11] - The company is exploring opportunities for stock buybacks in line with its strategy [17] Q&A Session Summary Question: What is the background on the share count increase? - The increase is due to employee compensation plans where restricted shares vest in January each year [41] Question: How much of the margin improvement is due to lower cost of funds? - The improvement is attributed to both lower cost deposits and strong loan demand [49] Question: Are there risks from other properties affecting asset quality? - Management is continuously evaluating market data and does not have direct exposure to federal agency leases [51][119] Question: What are the plans for capital redeployment after Avenue's discontinuation? - Currently, there are no new technological initiatives planned; the focus remains on core banking [145] Question: What is the expected annual cost savings from the Avenue shutdown? - Detailed annualized cost savings will be provided in future reports, with some savings already recognized [114][112] Question: Will there be further cost cuts in 2026? - The company will continue to focus on efficiency and make decisions as necessary [116] Question: What is the strategy for growing deposits? - The strategy involves leveraging business bankers and maintaining strong relationships to attract low-cost deposits [132][134]

Financial Performance - The company's Earnings Per Share (EPS) for 1Q25 was $0.25[24] - The Return on Average Assets (ROAA) for 1Q25 was 0.46%[24] compared to (2.80%) in 4Q24[24] - The Net Interest Margin for 1Q25 was 3.30%[24] compared to 2.96% in 4Q24[24] - Net Income to Common Shareholders (Loss) was $1.914 million in Q1'25[63] compared to -$16.706 million in Q4'24[63] Balance Sheet and Liquidity - Total assets were $2.223 billion as of 1Q25[24] - Total deposits were $1.908 billion as of 1Q25[24] - The Liquidity Coverage Ratio (LCR) for 1Q25 was 225%[25] - High quality liquid assets totaled $274 million in 1Q25[25] Loan Portfolio - Net loans totaled $1.812 billion as of 1Q25[24] - Residential Real Estate loans accounted for 11% of the loan portfolio[36], Construction loans accounted for 19%[36], C&I loans accounted for 6%[36], Multi-Family loans accounted for 13%[36], Owner-Occupied CRE loans accounted for 20%[36], and Non-Owner Occupied CRE loans accounted for 31%[36]

Core Viewpoint - MainStreet Bank reported quarterly earnings of $0.25 per share, exceeding the Zacks Consensus Estimate of $0.21 per share, but down from $0.36 per share a year ago, indicating a 19.05% earnings surprise [1] Financial Performance - The company posted revenues of $17.45 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.39%, compared to $16.26 million in the same quarter last year [2] - Over the last four quarters, MainStreet Bank has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] Stock Performance - MainStreet Bank shares have declined approximately 9.1% since the beginning of the year, while the S&P 500 has decreased by 10.2% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.26 on revenues of $17.89 million, and for the current fiscal year, it is $1.10 on revenues of $72.37 million [7] - The estimate revisions trend for MainStreet Bank is favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Banks - Northeast industry, to which MainStreet Bank belongs, is currently in the top 23% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]

Expanding Net Interest Margin, Resilient Loan Portfolio and Well Capitalized FAIRFAX, Va., April 21, 2025 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the financial holding company for MainStreet Bank, reported first quarter net income of $2.5 million with a net interest margin of 3.30%, up 34 basis points from the previous quarter. Net interest income after provision for credit losses was $16.5 million, up $3.9 million from the previous quarter and earnings per common share were $0.2 ...

Financial Performance - MainStreet Bancshares reported a net income of $2.5 million for Q1 2025, with earnings per share at $0.25[1] - Net income available to common shareholders was $1,914 million, a recovery from a loss of $16,706 million in the previous quarter[12] - Earnings per common share for the quarter was $0.25, compared to a loss of $2.20 in the previous quarter[12] - Earnings per common share (basic and diluted) decreased to $0.25 in Q1 2025 from $0.36 in Q1 2024, a decline of approximately 30.6%[20] - The return on average assets (annualized) was 0.46% for Q1 2025, down from 0.65% in Q1 2024[20] Interest Income and Margin - Total interest income for the three months ended March 31, 2025, was $32,963 million, a decrease from $35,119 million in the previous quarter[12] - Net interest income after provision for credit losses was $16,510 million, compared to $12,634 million in the previous quarter, reflecting a significant recovery[12] - For the three months ended March 31, 2025, net interest income was $16,580,000, compared to $15,697,000 for the same period in 2024, reflecting an increase in net interest margin to 3.30% from 3.29%[18] - Net interest income (GAAP) for Q1 2025 was $16,510 million, an increase from $15,625 million in Q1 2024, representing a growth of 5.67%[23] - Total interest income (GAAP) for Q1 2025 reached $32,963 million, compared to $32,469 million in Q1 2024, reflecting an increase of 1.52%[23] - Net interest margin (GAAP) improved to 3.28% in Q1 2025 from 3.27% in Q1 2024[23] - The net interest margin increased to 3.30%, up 34 basis points from the previous quarter, driven by the replacement of higher-cost deposits[2] Loans and Deposits - Total deposits remained stable at $1.9 billion, with funding costs improving by 24 basis points to 3.49%[2] - The loan-to-deposit ratio was 96%, indicating efficient utilization of deposit funds for lending[2] - Total gross loans increased slightly to $1,835,928 million, with commercial real estate loans growing by 4.3% quarter-over-quarter[14] - Total deposits remained stable at $1,908,325 million, with a notable increase in savings and NOW deposits by 92.8% compared to the previous quarter[14] - Nonperforming loans held steady at $21.7 million, with an additional $11.2 million expected to pay off in Q2 2025[3] - Non-performing loans rose to $21,665,000 in Q1 2025, compared to $9,263,000 in Q1 2024, marking an increase of 134.5%[20] Assets and Capital - Total assets were reported at $2.2 billion, with gross loans stable at $1.8 billion[3] - The total assets as of March 31, 2025, were $2,155,461,000, up from $2,037,469,000 in 2024, indicating a growth of approximately 5.8%[18] - Total assets (GAAP) grew to $2,222,845 million as of March 31, 2025, compared to $2,070,015 million in 2024, indicating an increase of 7.37%[23] - The total risk-based capital ratio decreased to 15.83% as of March 31, 2025, from 17.05% in the previous year[20] Expenses and Efficiency - Total non-interest expenses decreased significantly to $14,314 million from $34,431 million in the previous quarter, indicating improved cost management[12] - The efficiency ratio increased to 82.03% in Q1 2025 from 76.01% in Q1 2024, indicating a decline in operational efficiency[20] Strategic Initiatives - The Avenu technology initiative was discontinued due to an extended timeline for expected returns on invested capital[4] - MainStreet Bank operates six branches and offers a fully integrated online and mobile banking solution[4] - The bank continues to focus on enhancing customer experience through various lending products and services[5] - MainStreet Bank was the first community bank in the D.C. area to provide a full online business banking solution[6]

Core Insights - The article emphasizes the importance of value investing, which focuses on identifying undervalued companies in the market [2] - MainStreet Bank (MNSB) is highlighted as a strong value stock, currently holding a Zacks Rank of 2 (Buy) and a Value grade of A [3] Company Metrics - MNSB has a Price-to-Book (P/B) ratio of 0.66, which is lower than the industry average of 0.88, indicating it may be undervalued [4] - Over the past 12 months, MNSB's P/B ratio has fluctuated between 0.59 and 0.78, with a median of 0.69 [4] - The Price-to-Sales (P/S) ratio for MNSB is 0.86, significantly lower than the industry's average P/S of 1.64, further supporting its undervaluation [5] - These metrics contribute to MNSB's strong Value grade, suggesting it is likely undervalued and has a positive earnings outlook [6]