earnings
confidence high
sentiment neutral
materiality 0.70
MainStreet Bancshares Q1 net income $2.5M, NIM expands 34bps to 3.30%
MainStreet Bancshares, Inc.
2025-Q1 EPS reported
$0.25
revenue$33,902,000
- Net income $2.5M, EPS $0.25; net interest income after provision $16.5M, up $3.9M QoQ.
- Net interest margin 3.30% (+34bps QoQ); total funding cost 3.49% (-24bps).
- Deposits stable at $1.9B; NPLs $21.7M, additional $11.2M expected to resolve in Q2.
- Avenu technology initiative discontinued; company refocusing on core banking.