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Shares of Mainstreet Equity Corp. (OTCMKTS:MEQYF - Get Free Report) rose 2.8% during trading on Wednesday. The stock traded as high as $130.16 and last traded at $130.16. Approximately 392 shares changed hands during trading, an increase of 13% from the average daily volume of 348 shares. The stock had previously closed at $126.59.
CALGARY, Alberta--(BUSINESS WIRE)--Mainstreet Equity Corp. (TSX:MEQ) delivered strong Q1 performance following a strategic pause in acquisitions in 2025 amid market uncertainty. MEQ reported an 8.2% increase in Net Operating Income (NOI) and a 7.0% increase in Funds From Operations (FFO) for the quarter, and operating margins improved to 66.7% overall and 67.1% on same-asset properties; this reflects the company's continued operational strength despite seasonal leasing softness and a portion of.
CALGARY, Alberta--(BUSINESS WIRE)--Mainstreet Equity Corp. (TSX: MEQ) today announces that the Board of Directors of Mainstreet Equity Corp. (Mainstreet) declared a quarterly cash dividend of $0.08 per Common Share of Mainstreet for the quarter ending December 31, 2025, reflecting a 100% increase over the previous quarter's dividend. The dividend is payable on January 31, 2026 to shareholders of record at the close of business on January 16, 2026. Mainstreet designates the entire amount of this.
Mainstreet Equity Corp. (OTCMKTS:MEQYF - Get Free Report) traded up 12.2% on Friday. The stock traded as high as $133.51 and last traded at $133.35. 1,749 shares changed hands during mid-day trading, an increase of 328% from the average session volume of 409 shares. The stock had previously closed at $118.80. Mainstreet Equity Stock
CALGARY, Alberta--(BUSINESS WIRE)--Mainstreet Equity Corp. (TSX:MEQ) announced its double-digit year-over-year growth across main key operating metrics in FY 2025. Even in a year of economic, political and policy uncertainty and a temporary strategic pause in acquisitions during the year, funds from operations (FFO) increased 13%, net operating income (NOI) from operations rose 14%, same asset NOI increased by 10% and rental revenue from operations was up 11%. The FY overall operating margin fr.
CALGARY, Alberta--(BUSINESS WIRE)--Mainstreet Equity Corp. (TSX: MEQ) today announces that the Board of Directors of Mainstreet Equity Corp. (Mainstreet) declared a quarterly cash dividend of $0.04 per Common Share of Mainstreet for the quarter ending September 30, 2025. The dividend is payable on October 31, 2025 to shareholders of record at the close of business on October 17, 2025. Mainstreet designates the entire amount of this taxable dividend to be an “eligible dividend” for purposes of t.
Net Income Climbs on Net Interest Margin Expansion and Strategic Balance Sheet Management FARIFAX, Va., July 22, 2025 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the financial holding company for MainStreet Bank, reported a surging net income of $4.6 million and net interest margin of 3.75% for the quarter ended June 30, 2025, an increase of $2.1 million and 45 basis points from the previous quarter respectively.
CALGARY, Alberta--(BUSINESS WIRE)--Mainstreet Equity Corp. (TSX: MEQ) today announces that the Board of Directors of Mainstreet Equity Corp. (Mainstreet) declared a quarterly cash dividend of $0.04 per Common Share of Mainstreet for the quarter ending June 30, 2025. The dividend is payable on July 31, 2025 to shareholders of record at the close of business on July 17, 2025. Mainstreet designates the entire amount of this taxable dividend to be an “eligible dividend” for purposes of the Income T.
CALGARY, Alberta--(BUSINESS WIRE)--Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX:MEQ) today announced that the Toronto Stock Exchange (“TSX”) has accepted its notice of intention to make a normal course issuer bid to purchase outstanding common shares of the Corporation (“Shares”) on the open market in accordance with the rules of the TSX. The Corporation is authorized to purchase up to 475,359 Shares under the normal course issuer bid, representing approximately 10% of its p.
Mainstreet Equity has delivered exceptional, long-term returns by reinvesting profits into acquiring and renovating underperforming apartment units. The company's simple, repeatable six-step business model focuses on cost-effective renovations, operational efficiency, and rent increases to drive value. MEQ:CA's portfolio is diversified across Western Canada, with significant expansion beyond Alberta, and maintains a strong rental yield versus new builds.
Mainstreet Equity's business model of acquiring undervalued mid-rise apartments, enhancing them, and reinvesting earnings has led to a 7340% stock growth since inception. The company's structure as a real estate operating company, not a REIT, allows it to compound growth without shareholder dilution. Mainstreet Equity's strategy of focusing on affordable housing near public transport and institutions ensures consistent demand and profitability, even in fluctuating markets.
Mainstreet Equity has seen nearly 200% growth since 2019, outperforming the S&P 500, driven by strategic acquisitions and reinvestment of FFO into organic growth. The company focuses on middle-income tenants in Western Canada, acquiring underperforming properties and improving them, which has led to consistent double-digit revenue growth. Mainstreet's recent introduction of a dividend and share buybacks reflects its maturity and commitment to rewarding shareholders while maintaining strong financial health and low debt ratios.
CALGARY, Alberta--(BUSINESS WIRE)--Mainstreet Equity Corp. (TSX, MEQ) today announces that the Board of Directors of Mainstreet Equity Corp. (Mainstreet) declared a quarterly cash dividend of $0.0275 per Common Share of Mainstreet for the quarter ending March 31, 2024. The dividend is payable on April 30, 2024, to shareholders of record at the close of business on April 16, 2024. The ex-dividend date is April 15, 2024. Mainstreet designates the entire amount of this taxable dividend to be an “e.