Meridian Financial Partners LLC Has $1.24 Million Stock Position in John Marshall Bancorp, Inc. (NASDAQ:JMSB)

Meridian Financial Partners LLC decreased its holdings in John Marshall Bancorp, Inc. (NASDAQ:JMSB) by 3.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 62,419 shares of the company’s stock after selling 2,511 shares during the quarter. Meridian Financial Partners LLC owned 0.44% of John Marshall Bancorp worth $1,235,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of John Marshall Bancorp by 1.2% during the first quarter. Vanguard Group Inc. now owns 618,043 shares of the company’s stock valued at $11,075,000 after purchasing an additional 7,615 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in John Marshall Bancorp by 19.5% in the second quarter. Bank of New York Mellon Corp now owns 39,265 shares of the company’s stock valued at $685,000 after purchasing an additional 6,411 shares during the period. Finally, EverSource Wealth Advisors LLC bought a new position in shares of John Marshall Bancorp during the first quarter worth about $26,000. Institutional investors and hedge funds own 39.09% of the company’s stock.

John Marshall Bancorp Stock Down 0.8 %

Shares of NASDAQ:JMSB opened at $21.10 on Friday. The business’s 50-day moving average is $19.30 and its 200-day moving average is $18.07. The company has a market capitalization of $300.06 million, a price-to-earnings ratio of 95.91 and a beta of 0.61. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.00 and a quick ratio of 1.00. John Marshall Bancorp, Inc. has a 1 year low of $14.38 and a 1 year high of $24.84.

John Marshall Bancorp (NASDAQ:JMSB) last issued its earnings results on Wednesday, July 24th. The company reported $0.27 EPS for the quarter. John Marshall Bancorp had a return on equity of 7.43% and a net margin of 2.70%. The company had revenue of $12.64 million during the quarter.

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.