Short Interest in John Marshall Bancorp, Inc. (NASDAQ:JMSB) Increases By 29.7%

John Marshall Bancorp, Inc. (NASDAQ:JMSB) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 106,128 shares, an increase of 29.7% from the February 26th total of 81,854 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 43,466 shares, the short-interest ratio is presently 2.4 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of John Marshall Bancorp in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $22.00.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in JMSB. Fourthstone LLC acquired a new stake in John Marshall Bancorp in the 2nd quarter worth about $1,535,000. FJ Capital Management LLC increased its stake in shares of John Marshall Bancorp by 29.1% during the 2nd quarter. FJ Capital Management LLC now owns 413,353 shares of the company’s stock valued at $7,659,000 after acquiring an additional 93,226 shares during the last quarter. Rhino Investment Partners Inc purchased a new position in shares of John Marshall Bancorp during the 3rd quarter worth about $807,000. Evermay Wealth Management LLC boosted its position in shares of John Marshall Bancorp by 4.3% in the third quarter. Evermay Wealth Management LLC now owns 348,424 shares of the company’s stock worth $6,906,000 after acquiring an additional 14,444 shares during the last quarter. Finally, Rhumbline Advisers boosted its position in shares of John Marshall Bancorp by 7.1% in the second quarter. Rhumbline Advisers now owns 19,260 shares of the company’s stock worth $357,000 after acquiring an additional 1,275 shares during the last quarter. Hedge funds and other institutional investors own 39.09% of the company’s stock.

John Marshall Bancorp Price Performance

Shares of NASDAQ:JMSB traded up $0.37 on Monday, reaching $20.42. 21,844 shares of the company were exchanged, compared to its average volume of 34,474. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.30. John Marshall Bancorp has a 1-year low of $13.81 and a 1-year high of $21.58. The company has a 50-day moving average of $20.08 and a 200-day moving average of $19.89. The firm has a market cap of $290.17 million, a price-to-earnings ratio of 13.61 and a beta of 0.70.

John Marshall Bancorp (NASDAQ:JMSB) last posted its earnings results on Wednesday, January 28th. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.03. John Marshall Bancorp had a return on equity of 8.23% and a net margin of 18.41%.The company had revenue of $16.35 million for the quarter, compared to the consensus estimate of $16.54 million.

John Marshall Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 11th were paid a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, February 11th. John Marshall Bancorp’s payout ratio is presently 24.00%.

John Marshall Bancorp Company Profile

John Marshall Bancorp, Inc is the bank holding company for John Marshall Bank. The Bank is headquartered in Reston, Virginia with eight full-service branches located in Alexandria, Arlington, Loudoun, Prince William, Reston, and Tysons, Virginia, as well as Rockville, Maryland, and Washington, DC The Bank is dedicated to providing exceptional value, personalized service and convenience to local businesses and professionals in the Washington, DC Metropolitan area.

 

The Bank offers a comprehensive line of sophisticated banking products and services that rival those of the largest banks along with experienced staff to help achieve customers’ financial goals.

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