John Marshall Bancorp, Inc. (NASDAQ:JMSB) Shares to Pay Quarterly Dividend of $0.10

Key Points

• John Marshall Bancorp declared a quarterly dividend of $0.10 per share, equivalent to $0.40 annually and a 1.7% yield. Investors of record on November 10 will be paid on December 2.
• Shares opened at $22.89, down 1.9%, with a market capitalization of approximately $323 million and a 52-week range of $18.50 to $24.26.
• The company reported quarterly earnings of $0.55 per share, beating analyst expectations of $0.50, while revenue of $18.06 million fell short of the $18.61 million consensus estimate.

John Marshall Bancorp, Inc. (NASDAQ:JMSB - Get Free Report) declared a quarterly dividend on Tuesday, October 27th. Investors of record on Tuesday, November 10th will be paid a dividend of $0.10 per share on Wednesday, December 2nd. This represents a $0.40 annualized dividend and a yield of 1.7%. The ex-dividend date is Tuesday, November 10th.

John Marshall Bancorp Stock Down 1.9%

Shares of NASDAQ:JMSB opened at $22.89 on Thursday. The business's 50 day moving average is $23.02 and its 200 day moving average is $21.58. The stock has a market cap of $322.98 million, a P/E ratio of 13.23 and a beta of 0.58. John Marshall Bancorp has a 52-week low of $18.50 and a 52-week high of $24.26. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.44.

John Marshall Bancorp (NASDAQ:JMSB - Get Free Report) last issued its earnings results on Wednesday, October 28th. The company reported $0.55 earnings per share for the quarter, beating analysts' consensus estimates of $0.50 by $0.05. John Marshall Bancorp had a return on equity of 9.16% and a net margin of 20.41%. The business had revenue of $18.06 million during the quarter, compared to analyst estimates of $18.61 million. Sell-side analysts predict that John Marshall Bancorp will post 1.94 EPS for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.