other material
confidence high
sentiment positive
materiality 0.75
John Marshall Bancorp reports record Q2 2022 earnings; diluted EPS up 37.5% YoY
John Marshall Bancorp, Inc.
- Q2 2022 net income $7.9M ($0.56 diluted EPS); YTD net income $15.6M ($1.10).
- YTD ROAA 1.41%, ROAE 15.02%, efficiency ratio 46.1%; net interest margin 3.25%.
- Gross loans ex-PPP grew $204.1M (13.7%) YoY; total deposits up $228.7M (12.6%).
- 11th consecutive quarter with zero NPAs; all FHLB advances repaid; issued $25M sub debt at 5.25%.
- Added to Russell 2000 Index in June 2022.