MNSBP · MainStreet Bancshares, Inc.

MainStreet Bancshares delivered solid Q1 2026 results with net income of $4.1 million and EPS of $0.48, reflecting improved profitability from a 9 basis point expansion in net interest margin to 3.47%. This expansion stemmed from disciplined loan pricing and a reduction in funding costs, highlighted by CFO Alex Vari as the eighth consecutive quarter of declining total deposit costs. Management emphasized replacing higher-cost funds with lower-cost deposits, growing total core funding to $1.4 billion while total deposits reached $1.915 billion. Net loans increased to $1.851 billion, maintaining a 98% loan-to-deposit ratio, with notable year-over-year growth in owner-occupied commercial real estate by $79 million, which also brought accompanying deposits. The company executed a buyback of 273,448 shares, boosting book value per share to $25.63, underscoring a focus on shareholder value amid robust liquidity. Credit metrics showed nonperforming assets at 2.47% of total assets and 30-89 days past due loans at 0.95%, with Chief Credit Officer Chris Johnston noting a strong resolution track record and minimal historical losses under $10 million over 22 years. CEO Jeff W. Dick affirmed the team's execution driving sustainable earnings growth. An investor presentation (Exhibit 99.2) provides further analysis of these results.