John Marshall Bancorp, Inc. Reports Higher Net Interest Margin, Strong Loan Growth and Pristine Asset Quality
John Marshall Bancorp, Inc. (JMSB)
NASDAQ:AMEX Investor Relations:
snl.com/irw/corporateprofile/4823341
Company Research
Source: Business Wire
RESTON, Va.--(BUSINESS WIRE)--John Marshall Bancorp, Inc. (Nasdaq: JMSB) (the “Company”), parent company of John Marshall Bank (the “Bank”), reported its financial results for the three and twelve months ended December 31, 2023.Selected HighlightsHigher Net Interest Margin – Net interest margin was 2.12% for the three months ended December 31, 2023 compared to 2.08% for the three months ended September 30, 2023. During the third quarter, we repositioned the balance sheet by shedding $183.1 million of lower-yielding assets. During the fourth quarter, we continued to originate and reprice loans at generally higher yields and slow the rate of increase in our funding costs. As of December 31, 2023, the Company believes it is well-positioned for the lower interest rate environment implied by interest rate futures.Strong Loan Growth – Loans, net of unearned income, grew $39.8 million or 8.7% annualized from September 30, 2023 to December 31, 2023. Loans, net of unearned income, grew $90
Show less
Read more
Impact Snapshot
Event Time:
JMSB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JMSB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JMSB alerts
High impacting John Marshall Bancorp, Inc. news events
Weekly update
A roundup of the hottest topics
JMSB
News
- John Marshall Bancorp (NASDAQ:JMSB) Has Announced That It Will Be Increasing Its Dividend To $0.25 [Yahoo! Finance]Yahoo! Finance
- John Marshall Bancorp, Inc. Announces Annual Cash Dividend [Yahoo! Finance]Yahoo! Finance
- John Marshall Bancorp, Inc. Announces Annual Cash DividendBusiness Wire
- John Marshall Bancorp, Inc. Reports First Quarter 2024 ResultsBusiness Wire
- John Marshall Bank Hires Sean Biehl as Vice President, Commercial Lender in Northern Virginia [Yahoo! Finance]Yahoo! Finance
JMSB
Sec Filings
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- 4/25/24 - Form 8-K
- JMSB's page on the SEC website