Picture of John Marshall Bancorp logo

JMSB — John Marshall Bancorp News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsBalancedSmall CapSuper Stock

John Marshall Bancorp Q3 profit up 28% as interest income rises

Overview

John Marshall Bancorp Q3 net income rises 28% yr/yr to $5.4 mln

EPS for Q3 increases 27% yr/yr to $0.38

Net interest income for Q3 grows 19% yr/yr to $15.6 mln

Outlook

Company expects increased loan commitments in 2025

Company anticipates rate cuts could boost loan demand and profitability

John Marshall Bancorp highlights strong capital and liquidity for future growth

Result Drivers

CORE DEPOSIT GROWTH - Total deposits increased $71.9 mln or 15.0% annualized during the most recent quarter, supporting net interest income growth

LOAN DEMAND - Loans, net of unearned income, increased $21.2 mln or 4.4% annualized, driven by residential mortgage and commercial real estate loans

ASSET QUALITY - Co reports no loans greater than 30 days past due, no non-accrual loans, and no net charge-offs, indicating strong asset quality

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 EPS$0.38
Q3 Net Income$5.40 mln
Q3 Net Interest Income$15.60 mln
Analyst Coverage The one available analyst rating on the shares is "buy" The average consensus recommendation for the banks peer group is "buy" Wall Street's median 12-month price target for John Marshall Bancorp Inc is $23.00, about 16.7% above its October 28 closing price of $19.17 Press Release: ID:nBwbBYDJKa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on John Marshall Bancorp

See all news