John Marshall Bancorp, Inc. (NASDAQ:JMSB - Get Free Report) insider Andrew Peden purchased 1,200 shares of the stock in a transaction that occurred on Friday, April 25th. The shares were acquired at an average price of $15.50 per share, for a total transaction of $18,600.00. Following the completion of the transaction, the insider now directly owns 24,378 shares of the company's stock, valued at $377,859. The trade was a 5.18 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
John Marshall Bancorp Price Performance
Shares of JMSB stock traded up $0.51 during trading hours on Monday, reaching $16.16. The company had a trading volume of 21,313 shares, compared to its average volume of 19,666. John Marshall Bancorp, Inc. has a 12-month low of $13.81 and a 12-month high of $26.52. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market capitalization of $230.68 million, a price-to-earnings ratio of 13.47 and a beta of 0.70. The stock has a fifty day moving average of $16.53 and a 200-day moving average of $19.55.
John Marshall Bancorp (NASDAQ:JMSB - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The company reported $0.34 earnings per share for the quarter. John Marshall Bancorp had a net margin of 15.23% and a return on equity of 7.20%. The firm had revenue of $14.60 million for the quarter.
John Marshall Bancorp Increases Dividend
The firm also recently declared an annual dividend, which will be paid on Monday, July 7th. Stockholders of record on Friday, June 27th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, June 27th. This is a boost from John Marshall Bancorp's previous annual dividend of $0.25. This represents a dividend yield of 2%. John Marshall Bancorp's dividend payout ratio is currently 20.83%.
Institutional Trading of John Marshall Bancorp
Institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE raised its stake in shares of John Marshall Bancorp by 278.1% in the 4th quarter. Bank of America Corp DE now owns 269,723 shares of the company's stock valued at $5,416,000 after acquiring an additional 198,383 shares during the period. T. Rowe Price Investment Management Inc. raised its position in John Marshall Bancorp by 8.7% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,943,902 shares of the company's stock valued at $39,034,000 after purchasing an additional 155,234 shares during the period. FJ Capital Management LLC lifted its stake in John Marshall Bancorp by 57.0% during the fourth quarter. FJ Capital Management LLC now owns 174,381 shares of the company's stock worth $3,502,000 after purchasing an additional 63,298 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of John Marshall Bancorp by 119.6% during the fourth quarter. JPMorgan Chase & Co. now owns 43,409 shares of the company's stock worth $872,000 after buying an additional 23,640 shares during the period. Finally, Deutsche Bank AG acquired a new stake in shares of John Marshall Bancorp in the fourth quarter valued at $261,000. 39.09% of the stock is currently owned by hedge funds and other institutional investors.
John Marshall Bancorp Company Profile
(
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John Marshall Bancorp, Inc operates as the bank holding company for John Marshall Bank that provides banking products and financial services. The company accepts checking, demand, NOW, savings, and money market accounts, as well as certificates of deposit. It offers residential and commercial construction and development loans, commercial term, mortgage, commercial real estate, industrial loans, and other commercial lines of credit; debit and credit cards; and treasury and cash management, investment, business and personal insurance, remote deposit capture, deposit sweep and online and mobile banking services.
Further Reading
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