John Marshall Bancorp (NASDAQ:JMSB) Releases Earnings Results, Beats Estimates By $0.05 EPS

John Marshall Bancorp (NASDAQ:JMSB) announced its earnings results on Wednesday. The company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.05, FiscalAI reports. The firm had revenue of $18.06 million during the quarter, compared to analysts’ expectations 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 Down 1.6%

JMSB stock traded down $0.37 during midday trading on Wednesday, reaching $22.97. The company’s stock had a trading volume of 164,794 shares, compared to its average volume of 60,572. John Marshall Bancorp has a 1 year low of $18.50 and a 1 year high of $24.26. The firm has a market capitalization of $324.16 million, a price-to-earnings ratio of 13.27 and a beta of 0.58. The stock has a fifty day simple moving average of $23.02 and a two-hundred day simple moving average of $21.57. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.08 and a current ratio of 1.08.

Wall Street Analyst Weigh In

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