John Marshall Bancorp (NASDAQ:JMSB) Announces Earnings Results

John Marshall Bancorp (NASDAQ:JMSB) issued its quarterly earnings data on Wednesday. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.50 by $0.05, FiscalAI reports. The company had revenue of $18.06 million for 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%.

John Marshall Bancorp Trading Up 1.7%

Shares of JMSB stock traded up $0.40 during trading hours on Thursday, hitting $23.29. 30,363 shares of the company’s stock traded hands, compared to its average volume of 61,901. The stock’s 50 day simple moving average is $23.02 and its 200 day simple moving average is $21.58. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.44. John Marshall Bancorp has a 12 month low of $18.56 and a 12 month high of $24.26. The stock has a market cap of $328.55 million, a PE ratio of 13.46 and a beta of 0.58.

John Marshall Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Stockholders of record on Tuesday, November 10th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, November 10th. John Marshall Bancorp’s dividend payout ratio (DPR) is presently 23.12%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on JMSB shares. Keefe, Bruyette & Woods lifted their price target on shares of John Marshall Bancorp from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Monday, September 14th. Wall Street Zen raised John Marshall Bancorp from a “hold” rating to a “buy” rating in a research report on Saturday, September 19th. Weiss Ratings upgraded John Marshall Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Finally, Zacks Research lowered John Marshall Bancorp from a “hold” rating to a “strong sell” rating in a research report on Friday, September 25th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $25.00.

John Marshall Bancorp Company Profile

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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