other material
confidence high
sentiment positive
materiality 0.75
John Marshall Bancorp reports record Q2 earnings; YTD ROAA 1.41% and EPS $1.10
John Marshall Bancorp, Inc.
- Record YTD net income $15.6M ($1.10 diluted EPS); Q2 net income $7.9M ($0.56 diluted EPS) – 14th consecutive record quarter.
- YTD ROAA 1.41%, ROAE 15.02%, efficiency ratio 46.1%, net interest margin 3.25%.
- Gross loans (ex-PPP) grew $204M (13.7% YoY); total deposits up $228.7M (12.6%).
- No NPAs, NPLs, or loans 30+ days past due for 11th consecutive quarter; all FHLB advances repaid.
- Issued $25M subordinated debt at 5.25% fixed-to-floating rate; added to Russell 2000 in June 2022.