John Marshall Bancorp (NASDAQ:JMSB) Issues Earnings Results

John Marshall Bancorp (NASDAQ:JMSBGet Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.03, FiscalAI reports. The business had revenue of $16.79 million for the quarter, compared to analyst estimates of $16.30 million. John Marshall Bancorp had a net margin of 18.41% and a return on equity of 8.23%.

John Marshall Bancorp Trading Down 3.4%

NASDAQ:JMSB opened at $20.88 on Thursday. John Marshall Bancorp has a one year low of $16.27 and a one year high of $22.10. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.06 and a quick ratio of 1.06. The company’s 50-day simple moving average is $20.25 and its 200 day simple moving average is $20.05. The firm has a market capitalization of $296.79 million, a P/E ratio of 13.92 and a beta of 0.63.

John Marshall Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 3rd. Investors of record on Wednesday, May 13th will be paid a dividend of $0.09 per share. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $0.36 annualized dividend and a yield of 1.7%. John Marshall Bancorp’s payout ratio is presently 24.00%.

Analyst Ratings Changes

A number of brokerages have issued reports on JMSB. Zacks Research raised shares of John Marshall Bancorp to a “hold” rating in a report on Thursday, April 16th. Raymond James Financial began coverage on shares of John Marshall Bancorp in a research note on Tuesday, April 14th. They set a “strong-buy” rating and a $24.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $23.00.

View Our Latest Stock Analysis on John Marshall Bancorp

Institutional Investors Weigh In On John Marshall Bancorp

Hedge funds have recently bought and sold shares of the business. Strs Ohio bought a new stake in John Marshall Bancorp during the first quarter worth about $26,000. Raymond James Financial Inc. bought a new stake in John Marshall Bancorp during the second quarter worth about $104,000. Osaic Holdings Inc. bought a new stake in John Marshall Bancorp during the second quarter worth about $193,000. NewEdge Advisors LLC bought a new stake in John Marshall Bancorp during the third quarter worth about $229,000. Finally, JPMorgan Chase & Co. boosted its stake in John Marshall Bancorp by 21.8% during the third quarter. JPMorgan Chase & Co. now owns 11,548 shares of the company’s stock worth $229,000 after acquiring an additional 2,063 shares in the last quarter. Institutional investors own 39.09% of the company’s stock.

John Marshall Bancorp Company Profile

(Get Free Report)

John Marshall Bancorp, Inc is the bank holding company for John Marshall Bank. The Bank is headquartered in Reston, Virginia with eight full-service branches located in Alexandria, Arlington, Loudoun, Prince William, Reston, and Tysons, Virginia, as well as Rockville, Maryland, and Washington, DC The Bank is dedicated to providing exceptional value, personalized service and convenience to local businesses and professionals in the Washington, DC Metropolitan area.
 
The Bank offers a comprehensive line of sophisticated banking products and services that rival those of the largest banks along with experienced staff to help achieve customers’ financial goals.

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Earnings History for John Marshall Bancorp (NASDAQ:JMSB)

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