John Marshall Bancorp, Inc. JMSB
John Marshall Bancorp, Inc. was organized as a Virginia corporation in 2016 to serve as the holding company for John Marshall Bank. The Company and the Bank are each headquartered in Reston, Virginia (approximately 20 miles west of Washington, D.C.). The Company commenced operations as a bank holding company on March 1, 2017 following a reorganization transaction in which it became the Bank's holding company. This transaction was treated as an internal reorganization as all shareholders of the Bank became shareholders of the Company. As a bank holding company, the Company is subject to regulation and supervision by the Federal Reserve. The Company has no material operations other than its sole ownership of the Bank. The Bank is a Virginia chartered commercial bank that commenced operations in 2006. The Bank is supervised and regulated by the Federal Reserve and the Bureau of Financial Institutions of the Virginia State Corporation Commission (the "Virginia BFI").
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $113.3M | $110.1M | $100.8M | $84.1M | $74.1M | — |
| Interest expense | $60.6M | $51.0M | $50.5M | $13.6M | $8.2M | — |
| Pre-tax income | $27.4M | $21.9M | $8.0M | $40.1M | $32.3M | — |
| Income tax | $6.2M | $4.8M | $2.8M | $8.3M | $6.8M | — |
| Net income | $21.2M | $17.1M | $5.2M | $31.8M | $25.5M | — |
| EPS, basic | 1.49 | 1.20 | 0.37 | 2.27 | 1.87 | — |
| EPS, diluted | 1.49 | 1.20 | 0.36 | 2.25 | 1.83 | — |
| Shares, diluted (wtd. avg.) | 14.2M | 14.2M | 14.1M | 14.1M | 13.9M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $130.0M | $122.5M | $99.0M | $61.6M | $105.8M | $138.5M |
| Short-term investments | — | — | — | $357.6M | — | — |
| Property, plant and equipment | $1.3M | $1.3M | $1.3M | $1.2M | $1.6M | — |
| Total assets | $2.33B | $2.23B | $2.24B | $2.35B | $2.15B | — |
| Short-term debt | — | — | $54.0M | — | — | — |
| Long-term debt | $80.9M | $80.8M | $24.7M | $24.6M | $42.7M | — |
| Total liabilities | $2.07B | $1.99B | $2.01B | $2.14B | $1.94B | — |
| Retained earnings | $176.9M | $160.0M | $146.4M | $146.6M | $117.6M | — |
| Total equity | $265.6M | $246.6M | $229.9M | $212.8M | $208.5M | $186.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | $22.6M | $17.3M | $18.0M | $33.2M | $32.4M | — |
| Depreciation and amortisation | $507.0K | $447.0K | $484.0K | $557.0K | $814.0K | — |
| Stock-based compensation | $527.0K | $555.0K | $596.0K | $573.0K | $560.0K | — |
| Capital expenditure | $554.0K | $483.0K | $612.0K | $156.0K | $353.0K | — |
| Investing cash flow | -$88.7M | $31.0M | $144.8M | -$270.9M | -$303.0M | — |
| Financing cash flow | $73.6M | -$24.8M | -$125.4M | $193.5M | $238.0M | — |
| Dividends paid | $4.3M | $3.6M | $3.1M | $2.8M | — | — |
| Buybacks | $2.4M | $49.0K | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-027378.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | $74.1M | $84.1M | $100.8M | $110.1M | $113.3M |
| Gross profit | — | — | — | — | — | — |
| Net income | — | $25.5M | $31.8M | $5.2M | $17.1M | $21.2M |
Recent filings and events
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Other event Item 8.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Other event Item 8.01
- Other event Item 8.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 6022
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