John Marshall Bancorp (NASDAQ:JMSB) Releases Earnings Results, Beats Expectations By $0.01 EPS

John Marshall Bancorp (NASDAQ:JMSB - Get Free Report) posted its earnings results on Wednesday. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.35 by $0.01, Zacks reports. John Marshall Bancorp had a return on equity of 7.64% and a net margin of 16.68%. The company had revenue of $15.43 million during the quarter, compared to analyst estimates of $15.52 million.

John Marshall Bancorp Price Performance

Shares of NASDAQ:JMSB traded up $0.23 on Friday, reaching $19.11. 5,942 shares of the company traded hands, compared to its average volume of 24,743. John Marshall Bancorp has a fifty-two week low of $13.81 and a fifty-two week high of $26.52. The company's 50 day moving average is $18.26 and its 200-day moving average is $17.76. The stock has a market capitalization of $272.89 million, a PE ratio of 14.37 and a beta of 0.70. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.02 and a quick ratio of 1.02.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods assumed coverage on John Marshall Bancorp in a report on Monday, July 21st. They issued an "outperform" rating and a $22.00 price objective for the company.

Institutional Investors Weigh In On John Marshall Bancorp

An institutional investor recently bought a new position in John Marshall Bancorp stock. Jane Street Group LLC bought a new stake in John Marshall Bancorp, Inc. (NASDAQ:JMSB - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,732 shares of the company's stock, valued at approximately $243,000. Jane Street Group LLC owned approximately 0.10% of John Marshall Bancorp as of its most recent SEC filing. 39.09% of the stock is currently owned by hedge funds and other institutional investors.

About John Marshall Bancorp

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.