MainStreet Bancshares-MainStreet Bank (MNSB) Reports Q4 Loss, Misses Revenue Estimates

Group 1 - MainStreet Bank reported a quarterly loss of $0.12 per share, missing the Zacks Consensus Estimate of$ 0.23, and down from earnings of $0.61 per share a year ago, representing an earnings surprise of -152.17% [1] - The company posted revenues of$ 16.85 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 0.84%, and down from $17.87 million year-over-year [2] - MainStreet Bank shares have declined approximately 3.3% since the beginning of the year, while the S&P 500 has gained 3.7% [3] Group 2 - The earnings outlook for MainStreet Bank is mixed, with the current consensus EPS estimate for the coming quarter at$ 0.20 on revenues of $17.03 million, and$ 1.02 on revenues of $71.35 million for the current fiscal year [7] - The Zacks Industry Rank for Banks - Northeast is currently in the top 11% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - The estimate revisions trend for MainStreet Bank is currently a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]