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MainStreet Bancshares announces upcoming board director resignation

Story Highlights
  • Director Ali Reza Manouchehri will leave MainStreet boards on January 1, 2026.
  • His personal, non-dispute resignation will reduce MainStreet’s board size to ten directors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MainStreet Bancshares announces upcoming board director resignation

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MainStreet Bancshares ( (MNSB) ) has provided an update.

On December 15, 2025, MainStreet Bancshares, Inc. announced that director Ali Reza Manouchehri will resign from the boards of both the company and MainStreet Bank effective January 1, 2026, citing the increasing demands of his role as chief executive of Metrostar Systems LLC, which was recently sold to Veritas Capital. The company emphasized that Manouchehri’s departure is for personal reasons unrelated to any disagreements over operations, governance, or financial reporting, and indicated that after his resignation the board will shrink from eleven to ten members, signaling a modest governance change while he remains a long-standing customer and supporter of the bank.

The most recent analyst rating on (MNSB) stock is a Hold with a $21.00 price target. To see the full list of analyst forecasts on MainStreet Bancshares stock, see the MNSB Stock Forecast page.

Spark’s Take on MNSB Stock

According to Spark, TipRanks’ AI Analyst, MNSB is a Neutral.

MainStreet Bancshares’ overall stock score is driven by positive technical indicators and supportive corporate events, despite financial challenges. The company’s commitment to dividends and stock repurchase programs provides some investor confidence, but profitability issues and negative revenue growth weigh on the overall score.

To see Spark’s full report on MNSB stock, click here.

More about MainStreet Bancshares

MainStreet Bancshares, Inc. is the holding company for MainStreet Bank, a community banking institution that provides banking services to individual and business customers, with a particular emphasis on cultivating long-term relationships as evidenced by its long-tenured client base.

Average Trading Volume: 35,223

Technical Sentiment Signal: Buy

Current Market Cap: $167.7M

See more data about MNSB stock on TipRanks’ Stock Analysis page.

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