NASDAQ : JMSB
John Marshall Bancorp, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 22.94 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 322.18M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 108.30M | 102.65M | 96.33M | 86.44M | 74.28M | 69.42M |
| Interest Income on Investments | 10.99M | 10.61M | 13.80M | 14.34M | 9.79M | 4.70M |
| Total Interest Income | 119.29M | 113.26M | 110.13M | 100.77M | 84.07M | 74.12M |
| Interest Paid on Deposits | 48.10M | 49.03M | 54.49M | 47.17M | 11.78M | 6.60M |
| Interest Paid on Borrowings | 3.62M | 3.67M | 4.59M | 3.12M | 1.87M | 1.61M |
| Total Interest Expense | 51.72M | 52.69M | 59.09M | 50.29M | 13.64M | 8.21M |
| Net Interest Income | 67.57M | 60.56M | 51.05M | 50.48M | 70.42M | 65.91M |
| Gain (Loss) on Sale of Assets | 835.00K | 29.00K | ||||
| Gain (Loss) on Sale of Investments | 402.00K | 402.00K | 236.00K | -17.00M | -354.00K | 204.00K |
| Other Non-Interest Income | 682.00K | 1.01M | 1.17M | 1.60M | 1.72M | 1.22M |
| Total Non-Interest Income | 2.40M | 2.07M | 2.27M | -14.94M | 1.69M | 1.72M |
| Revenues Before Loan Losses | 69.98M | 62.64M | 53.32M | 35.54M | 72.11M | 67.63M |
| Provision for Loan Losses | 586.00K | 1.69M | -370.00K | -3.25M | 175.00K | 3.10M |
| Revenue | 69.39M | 60.95M | 53.69M | 38.80M | 71.94M | 64.52M |
| Salaries and Employee Benefits | 21.16M | 20.20M | 18.68M | 18.84M | 19.62M | 19.85M |
| Selling, General & Administrative | 3.79M | 3.74M | 3.92M | 3.87M | 3.98M | 4.38M |
| Other Non-Interest Expense | 9.79M | 9.63M | 9.20M | 8.10M | 8.27M | 8.04M |
| Total Non-Interest Expense | 34.73M | 33.57M | 31.81M | 30.82M | 31.87M | 32.26M |
| EBT Excluding Unusual Items | 34.66M | 27.38M | 21.88M | 7.98M | 40.06M | 32.26M |
| Pretax Income | 34.33M | 27.38M | 21.88M | 7.98M | 40.06M | 32.26M |
| Income Tax Expense | 7.75M | 6.15M | 4.76M | 2.82M | 8.26M | 6.80M |
| Net Income | 26.58M | 21.23M | 17.12M | 5.16M | 31.80M | 25.46M |
| Preferred Dividends & Other Adjustments | 77.00K | 77.00K | 56.00K | 17.00K | 136.00K | 119.00K |
| Net Income to Common | 26.50M | 21.16M | 17.07M | 5.14M | 31.67M | 25.34M |
| Basic Shares Outstanding | 14.09M | 14.19M | 14.17M | 14.15M | 13.93M | 13.58M |
| Diluted Shares Outstanding | 14.09M | 14.19M | 14.21M | 14.15M | 14.08M | 13.88M |
| EPS (Basic) | 1.88 | 1.49 | 1.20 | 0.36 | 2.27 | 1.87 |
| EPS (Diluted) | 1.88 | 1.49 | 1.20 | 0.36 | 2.25 | 1.83 |
| Dividend Per Share | 0.28 | 0.30 | 0.25 | 0.22 | ||
| Effective Tax Rate | 22.57% | 22.46% | 21.75% | 35.37% | 20.62% | 21.08% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 191.09M | 129.97M | 122.47M | 99.00M | 61.60M | 105.80M |
| Investment Securities | 88.81M | 77.69M | 96.11M | 115.58M | 156.75M | 128.54M |
| Trading Asset Securities | 175.00K | 549.00K | 846.00K | 1.22M | ||
| Mortgage-Backed Securities | 133.41M | 140.93M | 132.98M | 157.41M | 307.56M | 223.94M |
| Total Investments | 222.22M | 218.79M | 229.65M | 273.84M | 465.52M | 352.48M |
| Gross Loans | 2.01B | 1.98B | 1.87B | 1.86B | 1.79B | 1.67B |
| Allowance for Loan Losses | -19.80M | -19.80M | -18.71M | -19.54M | -20.21M | -20.03M |
| Net Loans | 1.99B | 1.96B | 1.85B | 1.84B | 1.77B | 1.65B |
| Property, Plant & Equipment | 5.17M | 5.87M | 6.33M | 5.46M | 5.83M | 6.53M |
| Accrued Interest Receivable | 6.42M | 5.89M | 6.00M | 6.11M | 5.53M | 4.94M |
| Other Long-Term Assets | 20.69M | 12.23M | 12.80M | 16.07M | 39.38M | 31.50M |
| Total Assets | 2.44B | 2.33B | 2.23B | 2.24B | 2.35B | 2.15B |
| Interest Bearing Deposits | 1.20B | 1.20B | 1.14B | 1.14B | 1.27B | 1.14B |
| Institutional Deposits | 387.61M | 337.66M | 315.50M | 359.30M | 318.70M | 255.00M |
| Non-Interest Bearing Deposits | 471.67M | 432.73M | 433.29M | 411.37M | 476.70M | 488.84M |
| Total Deposits | 2.06B | 1.97B | 1.89B | 1.91B | 2.07B | 1.88B |
| Short-Term Borrowings | 175.00K | 549.00K | 64.85M | 26.72M | ||
| Current Portion of Leases | 1.30M | |||||
| Accrued Interest Payable | 1.81M | 2.12M | 2.39M | 4.56M | 1.03M | 843.00K |
| Long-Term Debt | 24.94M | 24.88M | 24.79M | 24.71M | 24.62M | 24.73M |
| Federal Home Loan Bank Debt, Long-Term | 56.00M | 56.00M | 56.00M | 18.00M | ||
| Long-Term Leases | 4.39M | 3.52M | 5.37M | 4.45M | 4.86M | 5.18M |
| Other Long-Term Liabilities | 8.36M | 6.63M | 6.82M | 7.48M | 10.46M | 10.53M |
| Total Liabilities | 2.16B | 2.07B | 1.99B | 2.01B | 2.14B | 1.94B |
| Common Stock | 140.00K | 141.00K | 142.00K | 141.00K | 141.00K | 137.00K |
| Additional Paid-In Capital | 94.06M | 95.70M | 97.17M | 95.64M | 94.73M | 91.11M |
| Retained Earnings | 193.62M | 176.91M | 159.95M | 146.39M | 146.63M | 117.63M |
| Comprehensive Income & Other | -10.69M | -7.12M | -10.65M | -12.25M | -28.70M | -400.00K |
| Shareholders' Equity | 277.12M | 265.64M | 246.61M | 229.91M | 212.80M | 208.47M |
| Total Liabilities & Equity | 2.44B | 2.33B | 2.23B | 2.24B | 2.35B | 2.15B |
| Total Debt | 85.32M | 85.87M | 86.71M | 94.00M | 56.20M | 47.91M |
| Net Cash (Debt) | 105.77M | 44.28M | 36.31M | 5.85M | 6.62M | 57.89M |
| Net Cash Per Share | 7.51 | 3.12 | 2.56 | 0.41 | 0.47 | 4.17 |
| Filing Date Shares Outstanding | 14.04M | 14.15M | 14.22M | 14.12M | 14.07M | 13.77M |
| Total Common Shares Outstanding | 14.04M | 14.15M | 14.22M | 14.10M | 14.04M | 13.67M |
| Book Value Per Share | 19.73 | 18.78 | 17.35 | 16.30 | 15.15 | 15.25 |
| Tangible Book Value | 277.12M | 265.64M | 246.61M | 229.91M | 212.80M | 208.47M |
| Tangible Book Value Per Share | 19.73 | 18.78 | 17.35 | 16.30 | 15.15 | 15.25 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 21.23M | 17.12M | 5.16M | 31.80M | 25.46M | |
| Depreciation & Amortization | 1.52M | 1.68M | 1.72M | 1.92M | 2.23M | |
| Other Amortization | 84.00K | 83.00K | 84.00K | 317.00K | 49.00K | |
| Gain (Loss) on Sale of Assets | 3.00K | -1.00K | -16.00K | -29.00K | ||
| Gain (Loss) on Sale of Investments | -605.00K | -538.00K | 16.73M | 329.00K | 284.00K | |
| Provision for Credit Losses | 1.69M | -370.00K | -3.25M | 175.00K | 3.10M | |
| Accrued Interest Receivable | 106.00K | 114.00K | -579.00K | -588.00K | 365.00K | |
| Change in Other Net Operating Assets | -1.22M | 1.58M | -6.52M | -1.61M | 1.45M | |
| Other Operating Activities | -162.00K | -284.00K | 697.00K | 50.00K | -1.09M | |
| Operating Cash Flow | 22.58M | 17.26M | 18.00M | 33.16M | 32.35M | |
| Capital Expenditures | -554.00K | -483.00K | -612.00K | -156.00K | -353.00K | |
| Sale of Property, Plant and Equipment | 47.00K | 82.00K | 35.00K | |||
| Investment in Securities | 19.39M | 51.85M | 196.42M | -148.57M | -199.39M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -107.55M | -17.78M | -71.86M | -123.04M | -104.03M | |
| Other Investing Activities | -10.00K | -2.62M | 20.81M | 897.00K | 747.00K | |
| Investing Cash Flow | -88.68M | 30.96M | 144.84M | -270.87M | -303.00M | |
| Short-Term Debt Issued | 25.50M | |||||
| Long-Term Debt Issued | 56.00M | 54.00M | 24.58M | |||
| Total Debt Issued | 56.00M | 54.00M | 50.08M | |||
| Short-Term Debt Repaid | -10.00M | -15.50M | ||||
| Long-Term Debt Repaid | -54.00M | -43.00M | -4.00M | |||
| Total Debt Repaid | -64.00M | -15.50M | -43.00M | -4.00M | ||
| Net Debt Issued (Repaid) | -8.00M | 38.50M | 7.08M | -4.00M | ||
| Issuance of Common Stock | 446.00K | 1.05M | 320.00K | 3.06M | 716.00K | |
| Repurchase of Common Stock | -2.45M | -70.00K | -6.00K | -8.00K | -162.00K | |
| Common Dividends Paid | -4.27M | -3.56M | -3.11M | -2.80M | ||
| Net Increase (Decrease) in Deposit Accounts | 79.87M | -14.19M | -161.14M | 186.19M | 241.43M | |
| Financing Cash Flow | 73.60M | -24.76M | -125.43M | 193.52M | 237.99M | |
| Net Cash Flow | 7.50M | 23.46M | 37.41M | -44.20M | -32.66M | |
| Free Cash Flow | 22.03M | 16.78M | 17.39M | 33.00M | 32.00M | |
| Free Cash Flow Margin | 36.14% | 31.25% | 44.83% | 45.87% | 49.60% | |
| Free Cash Flow Per Share | 1.55 | 1.18 | 1.23 | 2.34 | 2.31 | |
| Cash Interest Paid | 52.88M | 61.17M | 46.68M | 13.14M | 8.20M | |
| Cash Income Tax Paid | 5.73M | 1.32M | 4.11M | 6.58M | 6.83M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 326.54M | 282.35M | 285.02M | 317.65M | 403.44M | 251.05M |
| Last Close Price | 23.25 | 19.73 | 19.51 | 21.60 | 27.26 | 18.69 |
| PE Ratio | 12.37 | 13.35 | 16.70 | 61.79 | 12.74 | 9.91 |
| PS Ratio | 4.71 | 4.63 | 5.31 | 8.19 | 5.61 | 3.89 |
| PB Ratio | 1.18 | 1.06 | 1.16 | 1.38 | 1.90 | 1.20 |
| P/FCF Ratio | 15.13 | 12.82 | 16.99 | 18.26 | 12.23 | 7.84 |
| P/OCF Ratio | 15.09 | 12.50 | 16.52 | 17.64 | 12.17 | 7.76 |
| Debt / Equity Ratio | 0.31 | 0.32 | 0.35 | 0.41 | 0.26 | 0.23 |
| Debt / FCF Ratio | 3.90 | 5.17 | 5.41 | 1.70 | 1.50 | |
| Net Debt / Equity Ratio | -0.38 | -0.17 | -0.15 | -0.03 | -0.03 | -0.28 |
| Net Debt / FCF Ratio | -2.01 | -2.16 | -0.34 | -0.20 | -1.81 | |
| Return on Equity (ROE) | 9.90% | 8.29% | 7.19% | 2.33% | 15.10% | 12.91% |
| Return on Assets (ROA) | 1.12% | 0.93% | 0.77% | 0.22% | 1.41% | 1.26% |
| Earnings Yield | 8.09% | 7.52% | 6.01% | 1.62% | 7.88% | 10.14% |
| FCF Yield | 6.61% | 7.80% | 5.89% | 5.47% | 8.18% | 12.75% |
| Dividend Yield | 1.72% | 1.50% | 1.25% | 0.98% | ||
| Payout Ratio | 20.21% | 20.11% | 20.78% | 60.26% | 8.80% | |
| Buyback Yield / Dilution | 1.33% | 0.08% | -0.41% | -0.46% | -1.48% | -1.62% |
| Total Shareholder Return | 3.05% | 1.58% | 0.84% | 0.52% | -1.48% | -1.62% |