Quarterly ResultMay 8, 2026, 08:37 AM
John Marshall Bancorp Q1 Net Income $6.1M; EPS $0.43
AI Summary
John Marshall Bancorp, Inc. reported a significant increase in net income and earnings per share for the first quarter of 2026 compared to the same period in 2025. The company's net interest income also grew substantially, supported by higher interest and dividend income and reduced interest expense. Provision for credit losses saw a notable decrease. Total assets and deposits showed growth from the previous quarter.
Key Highlights
- Net income increased by 26.8% to $6.101 million for Q1 2026 from $4.810 million in Q1 2025.
- Basic and diluted EPS rose by 26.5% to $0.43 in Q1 2026 from $0.34 in Q1 2025.
- Net interest income grew by 17.1% to $16.509 million in Q1 2026 from $14.097 million in Q1 2025.
- Provision for credit losses decreased to $23 thousand in Q1 2026 from $170 thousand in Q1 2025.
- Total assets increased to $2.352 billion as of March 31, 2026, from $2.333 billion as of December 31, 2025.
- Total deposits increased to $1.988 billion as of March 31, 2026, from $1.972 billion as of December 31, 2025.
- Total shareholders' equity rose to $268.147 million as of March 31, 2026, from $265.638 million as of December 31, 2025.
Price Impact
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