John Marshall Stock Price, News & Analysis

John Marshall Bancorp, Inc. (OTCQB: JMSB) announced the filing of a Registration Statement on Form 10 with the SEC on March 4, 2022, aimed at registering its common stock under the Securities Exchange Act of 1934. This move paves the way for the company to meet reporting requirements and pursue a listing on the Nasdaq Capital Market, initially announced on December 6, 2021. CEO Chris Bergstrom emphasized that becoming an SEC registrant would enhance visibility, access to capital, and liquidity for shareholders.

John Marshall Bank has promoted Christopher J. Lipscomb to Regional Executive for the Arlington market following over a decade of service. Lipscomb has extensive experience in commercial lending, focusing on Commercial Real Estate and Commercial & Industrial sectors. His leadership is expected to enhance the bank's strategic direction and operations in Arlington. John Marshall Bank, trading under the ticker JMSB, is committed to exceptional service and offers diverse banking products across the Washington DC Metro area.

John Marshall Bank has appointed Graziella Brenneman as Assistant Vice President and Business Banking Manager to enhance its SBA lending capabilities. With 14 years in the banking industry, Brenneman previously served at Arlington Community Federal Credit Union and held managerial roles at Capital One and TD Bank. She is expected to focus on business development and the implementation of the bank's new fintech payment portal, LendUX. This strategic addition aims to support local entrepreneurs in expanding their businesses.

John Marshall Bank (JMB) has announced a definitive agreement with LendUX, a new SBA 7(a) loan processing platform, aimed at enhancing access to financing for small business customers. This partnership marks JMB's fourth fintech collaboration, focusing on leveraging technology for streamlined loan processing. Following the success of processing over 1,096 Paycheck Protection Program (PPP) applications, JMB adapts its efficiency to SBA loans. JMB continues to pursue fintech partnerships to improve customer experiences and operational efficiencies.

John Marshall Bancorp, Inc. (OTCQB: JMSB) reported robust financial results for the year ended December 31, 2021. Total assets increased by 14.0% to $2.15 billion, with gross loans growing 10.4% and total deposits rising 14.7%. The company achieved a 57.1% rise in net income, reaching $7.5 million for Q4, and a 37.4% increase for the year, totaling $25.5 million. Notably, it marks the twelfth consecutive quarter of record earnings. The bank maintained a strong credit quality, with no non-performing loans and a 1.25% return on average assets for the year.

John Marshall Bancorp, Inc. has applied to list its common stock on the Nasdaq Capital Market. The Company believes it meets all necessary financial and governance standards. A registration statement will be filed with the SEC in Q1 2022 to comply with the Securities Exchange Act of 1934. The application aims to enhance access to capital, increase trading volume, and improve strategic options for shareholders. Currently, shares are traded on the OTCQB Market.

John Marshall Bank has appointed Alice Williams as its new SVP, Commercial Lender. With 39 years of commercial banking experience, Alice previously served as the SVP, Market President at Truist Bank, managing clients with annual revenues up to $100 million. Her diverse portfolio included sectors like construction and government contracting. This strategic hiring aims to enhance the bank's lending capabilities in the DC metro area, reinforcing leadership and expertise within the organization.

John Marshall Bancorp (OTCQB: JMSB) reported Q3 2021 financial results with total assets rising 12.5% year-over-year to $2.10 billion. Gross loans increased 10.3% and total deposits grew 13.3% compared to the previous year. The company achieved record net income of $6.8 million for Q3, up 45.0%, and $17.9 million for the nine months, up 30.5%. The annualized ROAA was 1.30% and ROAE was 13.35%. Operating leverage improved, with revenues at $16.5 million. The company maintained a solid capital position and no non-performing loans for eight consecutive quarters, indicating strong asset quality.

John Marshall Bancorp, Inc. (OTCQB: JMSB) will present at the 2021 Raymond James U.S. Bank Conference on September 8, 2021. The Company has arranged ten virtual one-on-one meetings with institutional bank stock analysts and investors. The presentation for these meetings will be publicly accessible on September 8 via their investor relations website. John Marshall Bank, a community bank based in Reston, Virginia, serves the Washington DC Metro area, providing tailored banking solutions and services.