Saturday 17 October 2026
Export JMSB’s income statement to Excel — free account
John Marshall Bancorp, Inc.
JMSB Financial Banks Regional
John Marshall Bancorp, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $115.3 million, up 2.60% from fiscal 2024. In the quarter to June 2026, revenue grew 10.0%, EPS grew 38.9%, free cash flow fell 31.7% and total debt rose 24.2%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.
22.90
0.11
+0.48%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | 15.20 | 14.47 | 13.91 | 9.05 | 14.00 | 19.50 | 14.38 | 15.00 | 13.81 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | 22.10 | 19.25 | 17.50 | 18.35 | 20.00 | 29.91 | 28.76 | 26.52 | 21.58 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | 141 | 135 | 133 | 140 | ||||
| Revenue/emp, $m | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.61 | 0.64 | 0.85 | 0.82 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | 45 | 50 | 58 | 76 | 86 | 86 | 112 | 115 | ||||
| Gross margin, % | — | — | 0.00 | 0.00 | 0.00 | 89.17 | 84.09 | 41.41 | 47.43 | 54.31 | |||||
| EBT | — | — | 15 | 20 | 23 | 32 | 40 | 8 | 22 | 27 | |||||
| EBT margin, % | — | — | 34.14 | 40.29 | 39.57 | 42.54 | 46.72 | 9.30 | 19.46 | 23.74 | |||||
| Net income | — | — | 12 | 16 | 18 | 25 | 32 | 5 | 17 | 21 | |||||
| Depreciation | — | — | — | — | — | 3 | 2 | 2 | 1 | 1 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | 3.52 | 3.85 | 4.33 | 5.58 | 6.16 | 6.10 | 7.93 | 8.13 | ||||
| Earnings | — | — | 0.89 | 1.17 | 1.35 | 1.87 | 2.27 | 0.36 | 1.20 | 1.49 | |||||
| Cash flow | — | — | 1.12 | 1.42 | 1.81 | 2.38 | 2.38 | 1.28 | 1.22 | 1.59 | |||||
| Capex | — | — | 0.00 | 0.00 | 0.00 | (0.02) | (0.01) | (0.04) | (0.03) | (0.04) | |||||
| Free cash flow | — | — | 1.12 | 1.42 | 1.81 | 2.36 | 2.37 | 1.24 | 1.18 | 1.56 | |||||
| Book value | — | — | 11.11 | 12.47 | 13.82 | 15.35 | 15.27 | 16.33 | 17.40 | 18.72 | |||||
| Shares, m | — | — | 13 | 13 | 13 | 14 | 14 | 14 | 14 | 14 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | 10.62 | 10.62 | 10.62 | 10.62 | 12.12 | 55.11 | 16.60 | 13.33 | ||||
| P/S | — | — | 0.00 | 0.00 | 0.00 | 3.56 | 4.45 | 3.34 | 2.53 | 2.46 | |||||
| P/B | — | — | 0.00 | 0.00 | 0.00 | 1.30 | 1.79 | 1.25 | 1.15 | 1.07 | |||||
| EV/Sales | — | — | 0.00 | 0.00 | 0.00 | 2.73 | 4.32 | 2.60 | 2.16 | 2.03 | |||||
| EV/FCF | — | — | 0.00 | 0.00 | 0.00 | 6.47 | 11.22 | 12.75 | 14.48 | 10.62 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | 14 | 18 | 24 | 32 | 33 | 18 | 17 | 23 | ||||
| Capex | — | — | (1) | 0 | (1) | 0 | 0 | (1) | 0 | (1) | |||||
| Free cash flow | — | — | 14 | 18 | 24 | 32 | 33 | 17 | 17 | 22 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | (125) | (232) | (20) | 87 | 117 | ||||
| Total debt | — | — | 109 | 106 | 52 | 43 | 50 | 35 | 81 | 81 | |||||
| Net debt | — | — | 109 | 106 | 52 | (63) | (11) | (64) | (42) | (49) | |||||
| Shareholders’ equity | — | — | 142 | 162 | 186 | 208 | 213 | 230 | 247 | 266 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | 0.00 | 1.07 | 1.06 | 1.26 | 1.41 | 0.22 | 0.76 | 0.93 | ||||
| ROIC | — | — | 0.00 | 0.00 | 0.00 | 13.87 | 12.44 | 3.01 | 6.67 | 7.90 | |||||
| ROE | — | — | 0.00 | 10.43 | 10.61 | 12.91 | 15.10 | 2.32 | 7.16 | 8.26 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
John Marshall Bancorp, Inc. vs peers in Banks Regional (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| BCML Bay Commercial Bank | $338.1M | 26.0× | 13.8× | −3.52% (below 0%: shrinking) | n/m | −19.47% (below 0%: shrinking) | 74.74% | 0.00% | Compare |
| AVBH Avidbank Holdings Inc. | $337.8M | — (loss-making) | 9.1× | +15.59% (above 0%: growing) | −6.49% (below 0%: shrinking) | +148.71% (above 0%: growing) | 69.18% | 0.00% | Compare |
| FDBC Fidelity D&D Bancorp Inc. | $336.0M | 11.0× | 22.8× | +5.91% (above 0%: growing) | +11.67% (above 0%: growing) | +157.33% (above 0%: growing) | 70.54% | 0.00% | Compare |
| CFFI C&F Financial Corporation | $334.0M | 11.4× | — | +10.31% (above 0%: growing) | +10.97% (above 0%: growing) | +549.86% (above 0%: growing) | 78.40% | 0.00% | Compare |
| CBNA Chain Bridge Bancorp, Inc. | $324.9M | 12.1× | 7.7× | +51.95% (above 0%: growing) | +107.14% (above 0%: growing) | +147.51% (above 0%: growing) | 96.81% | 0.00% | Compare |
| JMSB John Marshall Bancorp, Inc. | $321.6M | 13.2× | 11.7× | +10.02% (above 0%: growing) | +38.89% (above 0%: growing) | −31.74% (below 0%: shrinking) | 60.20% | 0.00% | |
| COSO CoastalSouth Bancshares, Inc. | $319.7M | 11.5× | 11.2× | +6.47% (above 0%: growing) | +5.17% (above 0%: growing) | +158.51% (above 0%: growing) | 63.95% | 0.00% | Compare |
| FVCB Fvcbankcorp, Inc. | $316.1M | 12.2× | 11.0× | +9.18% (above 0%: growing) | +48.39% (above 0%: growing) | +172.27% (above 0%: growing) | 64.10% | 0.00% | Compare |
| NEWT NewtekOne, Inc. | $316.0M | 4.9× | 5.6× | +14.68% (above 0%: growing) | −9.43% (below 0%: shrinking) | +18.31% (above 0%: growing) | 100.00% | 70.56% | Compare |
| Median of peers | $329.5M | 11.5× | 11.0× | +9.75% | +10.97% | +153.02% | 72.64% | 0.00% |
John Marshall Bancorp, Inc. (JMSB) key facts
- Strength: John Marshall Bancorp, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $115.3 million, up 2.60% from fiscal 2024.
- Strength: Net income was $21.2 million, or $1.49 per share (basic), a net margin of 18.3%.
- John Marshall Bancorp, Inc. (JMSB) is a Banks Regional company in the Financial sector, listed on Nasdaq.
- As of October 16, 2026, JMSB traded at $22.90, a market capitalization of $321.6 million.
- At that price the stock trades at 13.2× trailing-twelve-month earnings and 2.7× sales; its P/E is higher than 43% of its own readings over the past ten years.
- John Marshall Bancorp, Inc. pays an annual dividend of $0.28 per share, a yield of 1.22%, with a payout ratio of 16.2%.
- Return on equity was 8.26% and debt-to-equity 0.44.
- Its Piotroski F-score is 8 out of 9 for fiscal 2025.