John Marshall Bancorp (NASDAQ:JMSB) Trading Down 3% – Here’s Why

John Marshall Bancorp, Inc. (NASDAQ:JMSB)’s share price traded down 3% during mid-day trading on Monday . The company traded as low as $16.58 and last traded at $16.94. 27,411 shares changed hands during trading, an increase of 52% from the average session volume of 18,007 shares. The stock had previously closed at $17.46.

John Marshall Bancorp Stock Up 0.9 %

The stock has a market cap of $247.06 million, a P/E ratio of 14.46 and a beta of 0.64. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.33. The business has a 50-day simple moving average of $19.01 and a 200-day simple moving average of $20.35.

John Marshall Bancorp (NASDAQ:JMSB) last announced its earnings results on Wednesday, January 29th. The company reported $0.33 earnings per share (EPS) for the quarter. John Marshall Bancorp had a return on equity of 7.20% and a net margin of 15.23%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Bank of America Corp DE grew its position in John Marshall Bancorp by 278.1% in the fourth quarter. Bank of America Corp DE now owns 269,723 shares of the company’s stock valued at $5,416,000 after acquiring an additional 198,383 shares during the period. T. Rowe Price Investment Management Inc. grew its position in John Marshall Bancorp by 8.7% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,943,902 shares of the company’s stock valued at $39,034,000 after acquiring an additional 155,234 shares during the period. FJ Capital Management LLC grew its position in John Marshall Bancorp by 57.0% in the fourth quarter. FJ Capital Management LLC now owns 174,381 shares of the company’s stock valued at $3,502,000 after acquiring an additional 63,298 shares during the period. JPMorgan Chase & Co. grew its position in John Marshall Bancorp by 119.6% in the fourth quarter. JPMorgan Chase & Co. now owns 43,409 shares of the company’s stock valued at $872,000 after acquiring an additional 23,640 shares during the period. Finally, Deutsche Bank AG bought a new stake in John Marshall Bancorp in the fourth quarter valued at $261,000. 39.09% of the stock is currently owned by institutional investors and hedge funds.

John Marshall Bancorp Company Profile

John Marshall Bancorp, Inc operates as the bank holding company for John Marshall Bank that provides banking products and financial services. The company accepts checking, demand, NOW, savings, and money market accounts, as well as certificates of deposit. It offers residential and commercial construction and development loans, commercial term, mortgage, commercial real estate, industrial loans, and other commercial lines of credit; debit and credit cards; and treasury and cash management, investment, business and personal insurance, remote deposit capture, deposit sweep and online and mobile banking services.