STOCK TITAN

John Marshall Bancorp, Inc. - JMSB STOCK NEWS

Welcome to our dedicated page for John Marshall Bancorp news (Ticker: JMSB), a resource for investors and traders seeking the latest updates and insights on John Marshall Bancorp stock.

John Marshall Bancorp, Inc. (JMSB) is a prominent banking institution based in Reston, Virginia, providing a comprehensive range of financial products and services. Specializing in serving small to medium-sized businesses, professional corporations, non-profits, and individuals, John Marshall Bancorp is committed to offering tailored solutions to meet diverse financial needs.

The company operates five full-service branches located in Reston, Alexandria, Leesburg, Arlington, and Rockville, as well as a limited service commercial branch in Washington, D.C. These strategic locations enable the bank to serve the local business communities and families effectively across the Washington, D.C. metropolitan area.

John Marshall Bancorp's core services include commercial checking, savings, and money market accounts, certificates of deposit, treasury and cash management services, and a variety of loans. Specifically, the bank offers commercial and industrial loans, commercial real estate loans, residential and commercial construction, and development loans. Additionally, the company leverages technology to provide online banking and mobile banking services, ensuring customers have convenient access to their accounts and financial tools.

The bank's dedicated team of business bankers works closely with clients to develop customized banking solutions. From merchant processing to tailored loan products, John Marshall Bancorp aims to help businesses grow and succeed by simplifying financial management and providing strategic support.

With a focus on innovation and customer service, John Marshall Bancorp is poised for continued growth and is a key player in the financial services industry in the region. The company's recent achievements and ongoing projects reflect a commitment to meeting the evolving needs of its clientele through advanced technology and personalized service.

Stay updated with the latest news and developments concerning John Marshall Bancorp, Inc. Common Stock (JMSB) as we continue to enhance our service offerings and support our community's financial well-being.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.27%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.9%
Tags
management
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
Tags
none
-
Rhea-AI Summary

John Marshall Bancorp, Inc. (NASDAQ: JMSB) has announced an annual cash dividend of $0.22 per share, representing a 10% increase from the previous year's special cash dividend. The dividend will be distributed on July 6, 2023, to shareholders on record as of June 27, 2023, amounting to approximately $3.1 million in total payouts. CEO Chris Bergstrom highlighted the board’s commitment to shareholder value through this dividend, reflecting the company’s robust capital position and ongoing success. John Marshall Bank, the subsidiary of the Bancorp, operates with total assets of $2.35 billion and is focused on delivering exceptional financial services in the Washington, D.C. metropolitan area.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.97%
Tags
dividends
-
Rhea-AI Summary

John Marshall Bancorp, Inc. (Nasdaq: JMSB) reported its Q1 2023 financial results, highlighting continued strength with no nonperforming loans for the fourteenth consecutive quarter. The company's liquidity position stood at $852.6 million, significantly exceeding its uninsured deposits. Total assets remained stable at $2.35 billion, with total loans increasing by 8.6% year-over-year to $1.77 billion. However, net income fell 17.9% to $6.3 million, with earnings per diluted share decreasing 20% to $0.44. The net interest income also declined by 19.2% due to rising costs of interest-bearing liabilities. The capital ratios improved, with total risk-based capital at 16.1%, well above regulatory thresholds. While the company remains committed to strict underwriting standards and prudent loan growth, challenges in net interest income and overall profitability have emerged amidst rising interest rates.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.7%
Tags
Rhea-AI Summary

John Marshall Bank, a subsidiary of John Marshall Bancorp, Inc. (NASDAQ: JMSB), has relocated its Washington DC Branch to a new site at 1625 K Street NW, Suite #1050. This strategic move aims to enhance customer convenience with improved parking access and proximity to the Farragut North Metro Station. The Bank continues to offer tailored services, such as the Home Pursuit Program, and collaborates with the US Small Business Administration to provide SBA 7(a) loans to local businesses. To celebrate the relocation, JMB plans to host a Business Reception in the second quarter. The previous branch at 1401 H St. NW is now closed. As a $2.35 billion bank headquartered in Reston, Virginia, JMB remains committed to personalized service and innovative banking solutions for its clients in the Washington D.C. Metro area.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.47%
Tags
none
-
Rhea-AI Summary

John Marshall Bank (JMB), a subsidiary of John Marshall Bancorp, Inc. (NASDAQ: JMSB), announces the appointment of Rina Moreno as Vice President, Business Development Officer for Fairfax County. With over 15 years of banking experience, Moreno aims to enhance business relationships and drive growth. Previously a Vice President at Truist, she possesses extensive skills in leadership and sales. Sheila Yosufy, EVP, highlighted Moreno's track record in building valuable client connections. John Marshall Bank, headquartered in Reston, Virginia, operates eight branches and focuses on delivering exceptional services to clients in the D.C. Metro area.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.03%
Tags
management
-
Rhea-AI Summary

John Marshall Bancorp, Inc. (Nasdaq: JMSB) announced its solid financial condition following the closure of Silicon Valley Bank (SVB) on March 10, 2023. Unlike SVB, which faced substantial deposit declines and rising borrowings, John Marshall Bank maintains a conservative operating philosophy. As of February 28, 2023, the Bank reported a robust 16.0% total risk-based capital ratio and no non-performing loans for over thirteen consecutive quarters. Deposits grew from $2.071 billion to $2.076 billion between December 31, 2022, and March 10, 2023. Additionally, liquidity increased by 3% to approximately $760 million, enhancing the Bank's ability to serve existing and new customers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.03%
Tags
none
Rhea-AI Summary

John Marshall Bancorp, Inc. (NASDAQ: JMSB) announced the passing of founding director Ronald J. Gordon on February 21, 2023. Gordon, who had been on the bank's board since 2006, played a crucial role in the company's growth, helping it reach $2.35 billion in assets and achieve four consecutive years of record earnings. He was also notable for founding ZGS Communications and for his ownership of Hibernian F.C., a Scottish soccer team. CEO Christopher Bergstrom praised Gordon's leadership and influence on the company culture. The bank, headquartered in Reston, Virginia, offers banking services in the Washington D.C. Metro area.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.11%
Tags
none

FAQ

What is the current stock price of John Marshall Bancorp (JMSB)?

The current stock price of John Marshall Bancorp (JMSB) is $21.5 as of December 20, 2024.

What is the market cap of John Marshall Bancorp (JMSB)?

The market cap of John Marshall Bancorp (JMSB) is approximately 296.9M.

What services does John Marshall Bancorp, Inc. provide?

John Marshall Bancorp offers a range of financial services including commercial checking, savings, money market accounts, loans, online and mobile banking.

Where is John Marshall Bancorp, Inc. headquartered?

John Marshall Bancorp is headquartered in Reston, Virginia.

Who are the primary customers of John Marshall Bancorp, Inc.?

The bank primarily serves small to medium-sized businesses, professional corporations, non-profits, and individuals.

What are the loan products offered by John Marshall Bancorp, Inc.?

The loan products include commercial and industrial loans, commercial real estate loans, residential and commercial construction, and development loans.

How can I access online banking with John Marshall Bancorp, Inc.?

You can access online banking via their website or mobile app, providing convenient management of your accounts.

How many branches does John Marshall Bancorp, Inc. operate?

John Marshall Bancorp operates five full-service branches and one limited service commercial branch.

What areas do John Marshall Bancorp, Inc.'s branches serve?

The branches serve the Washington, D.C. metropolitan area, including Reston, Alexandria, Leesburg, Arlington, and Rockville.

Does John Marshall Bancorp, Inc. offer treasury and cash management services?

Yes, the company offers comprehensive treasury and cash management services.

Can John Marshall Bancorp, Inc. help my business with merchant processing?

Yes, their business bankers can tailor merchant processing services to meet your business's needs.

How does John Marshall Bancorp, Inc. support business growth?

The bank supports business growth by providing customized financial solutions, strategic support, and leveraging technology to streamline financial management.

John Marshall Bancorp, Inc.

Nasdaq:JMSB

JMSB Rankings

JMSB Stock Data

296.91M
12.50M
12.27%
41.78%
0.44%
Banks - Regional
State Commercial Banks
Link
United States of America
RESTON