John Marshall Bancorp, Inc. (NASDAQ:JMSB) Shares to Pay Quarterly Dividend of $0.10

John Marshall Bancorp, Inc. (NASDAQ:JMSB – Get Free Report) declared a quarterly dividend on Tuesday, October 27th. Shareholders of record on Tuesday, November 10th will be given a dividend of $0.10 per share on Wednesday, December 2nd. This represents a $0.40 annualized dividend and a yield of 1.7%. The ex-dividend date is Tuesday, November 10th.

John Marshall Bancorp Stock Performance

Shares of JMSB stock opened at $22.89 on Thursday. The business’s fifty day simple moving average is $23.02 and its 200-day simple moving average is $21.58. The company has a market cap of $322.98 million, a PE ratio of 13.23 and a beta of 0.58. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.44. John Marshall Bancorp has a 12-month low of $18.50 and a 12-month high of $24.26.

John Marshall Bancorp (NASDAQ:JMSB – Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.50 by $0.05. The firm had revenue of $18.06 million during the quarter, compared to analyst estimates of $18.61 million. John Marshall Bancorp had a return on equity of 9.16% and a net margin of 20.41%. Analysts expect that John Marshall Bancorp will post 1.94 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Toth Financial Advisory Corp raised its holdings in shares of John Marshall Bancorp by 7.1% in the third quarter. Toth Financial Advisory Corp now owns 360,042 shares of the company’s stock worth $8,177,000 after buying an additional 23,789 shares during the last quarter. Blue Edge Capital LLC purchased a new stake in shares of John Marshall Bancorp during the second quarter valued at $338,000. NewEdge Advisors LLC purchased a new stake in shares of John Marshall Bancorp during the second quarter valued at $460,000. Bank of America Corp DE acquired a new stake in John Marshall Bancorp during the 2nd quarter worth about $3,883,000. Finally, Man Group plc acquired a new stake in John Marshall Bancorp during the 2nd quarter worth about $366,000. Institutional investors and hedge funds 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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Dividend History for John Marshall Bancorp (NASDAQ:JMSB)

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