MainStreet Bancshares, Inc. (MNSB) Form 8-K — Oct 26, 2026
MainStreet Bancshares (Nasdaq: MNSB) reported Q3 2026 net income of $3.6 million, or $0.43 per common share, down from $0.52 a year ago, with a $1.9 million provision for credit losses costing $0.21 per share. Net interest income rose to $18.8 million — the fourth consecutive quarterly increase — and net interest margin expanded two basis points to 3.55%. Credit quality deteriorated sharply: non-performing loans jumped to $92.0 million (4.71% of gross loans) from $23.4 million (1.29%) a year earlier, and the allowance now covers only 21.68% of non-performing loans versus 80.52% last year.
Key figures
- Eps
- 0.43
- Revenue
- 33205000
- Net Income
- 3603000
- Total Debt
- 70156000
- Total Assets
- 2234860000
- Cash Position
- 98401000
- Total deposits
- 1924000000
- Prior year q3 eps
- 0.52
- Total gross loans
- 1955123000
- Closing stock price
- $24.74
- Efficiency ratio q3
- 66.22%
- Npa to total assets
- 4.20%
- Cre to total capital
- 374.44%
- Non performing loans
- 91996000
- Provision eps impact
- ($0.21)
- Net interest income q3
- 18776000
- Net interest margin fte
- 3.55%
- Prior year q3 net income
- 4517000
- Acl to nonperforming loans
- 21.68%
- Net charge offs annualized
- 0.34%
- Book value per common share
- 26.36
- Loans 30 89 days past due pct
- 3.20%
- Provision for credit losses q3
- 1929000
- Shares outstanding end of period
- 7115994
- Allowance for credit losses loans
- 19946000
- Return on average assets annualized
- 0.64%
- Total risk based capital ratio bank
- 15.21%
- Non performing loans pct gross loans
- 4.71%
- Tier 1 risk based capital ratio bank
- 14.21%
- Commercial real estate pct total loans
- 55.0%
- Return on average common equity annualized
- 6.42%
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.