Mainstreet Bank

NASDAQ MNSB

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Mainstreet Bank Net Operating Profit After Tax (NOPAT) 3 year CAGR for the quarter ending March 31, 2024

Mainstreet Bank Net Operating Profit After Tax (NOPAT) 3 year CAGR is NA for the quarter ending March 31, 2024. Net Operating Profit After Taxes (NOPAT) is a financial metric that represents a company's operating profit after deducting taxes. It is calculated by multiplying the earnings before interest and taxes (EBIT) by (1 - tax rate). NOPAT provides insights into the company's profitability from its core operations while accounting for the impact of taxes. It is useful for assessing the company's operating performance and comparing profitability across different tax environments. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Mainstreet Bank Net Operating Profit After Tax (NOPAT) for the quarter ending March 31, 2023 was 14,242,477.44, a 95.90% change year over year.
Mainstreet Bank Net Operating Profit After Tax (NOPAT) for the quarter ending March 31, 2022 was 7,270,404.64, a -10.91% change year over year.
Mainstreet Bank Net Operating Profit After Tax (NOPAT) for the quarter ending March 31, 2021 was 8,160,556.54, a 3.92% change year over year.
Mainstreet Bank Net Operating Profit After Tax (NOPAT) for the quarter ending March 31, 2020 was 7,852,508.88, a 8.45% change year over year.

NASDAQ: MNSB

Mainstreet Bank

CEO	Mr. Jeff W. Dick
IPO Date	Jan. 4, 2016
Location	United States
Headquarters	10089 Fairfax Boulevard, Fairfax, VA, United States, 22030
Employees	191
Sector	Financial Services
Industry	Banks - regional

Description

MainStreet Bancshares, Inc. operates as the bank holding company for MainStreet Bank that provides various banking products and services for individuals, small to medium-sized businesses, and professional service organizations. The company offers demand, NOW, money market, savings, and sweep accounts, as well as certificates of deposit; business and consumer checking, interest-bearing checking, business account analysis, and other depository services; and cash management, wire transfer, check imaging, bill pay, remote deposit capture, and courier services. It also provides commercial loans, include government contract receivables, plant and equipment, general working capital, contract administration, and acquisition loans; commercial real estate, real estate construction, and residential real estate loans; and consumer loans comprising term loans and overdraft protection, as well as debit and credit cards. In addition, the company offers deposit insurance solutions; remote deposit of checks; and internet bill payment, online cash management, and online and mobile banking services. It operates in Herndon, Fairfax, McLean, Leesburg, Clarendon, and Washington D.C., as well as automated teller machines. The company was incorporated in 2003 and is headquartered in Fairfax, Virginia.

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