John Marshall Bancorp

JMSB

Banks - Regional · Financial Services

Price

$23.25

+0.23 (+1.00%)

Market Cap

$328.1M

Exchange

NASDAQ

Winston Score

Winston is happy

A high-quality business with solid fundamentals.

Data as of Aug 23, 2026 · filings through Jun 30, 2026

How the score breaks down

Bank Quality

Good

Growth

Exceptional

Capital Strength

Exceptional

Asset Quality

Exceptional

Valuation

Strong

Dividends

Weak

Track this stock — start free trial

Share count rising — dilution

+2.3% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 13.9M (2021) → 14.2M (2025)

Winston Score History

The full picture

John Marshall Bancorp is a small regional bank holding company based in northern Virginia, near Washington, D.C. It operates through its subsidiary, John Marshall Bank, which offers everyday banking services like checking and savings accounts, loans, and commercial real estate financing. Its main customers are small and medium-sized businesses, professionals, and individuals in the greater D.C. metro area.

The bank makes money primarily by collecting interest on loans — especially commercial real estate and business loans — while paying lower interest rates on customer deposits. It operates entirely in the Virginia and D.C. region, making it a highly local, community-focused institution with a market cap of roughly $300 million. Its competitive edge comes from relationship-based banking in a wealthy, government-driven market, but its small size and concentration in commercial real estate loans leave it exposed to rising interest rates and any slowdown in the regional property market.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+10.0% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

+38.9% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (7%)

Research and development spending

Insider Activity

13.1%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$2.3B cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Growth + cash flow

John Marshall Bancorp is a rare growth stock that's already generating positive cash flow while growing at 10%. The Winston Score doesn't fully credit this transition from "burner" to "earner."

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Bank Quality

Return on owners' money

Return on Equity

9.2%

no trend

Below its cost of capital — 9.2%

Standard mid-range return on equity. Acceptable.

Profit on lending

Net Interest Margin

2.93%

no trend

Modest — 2.93% net interest margin

Cost of running the bank

Efficiency Ratio

50.7%

no trend

Very lean — spends 50.7¢ to earn a dollar

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+5.3%

Slow sales growth (+5.3% YoY)

Profit growth

EPS YoY

+29.1%

Earnings growing fast (+29.1% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is

EPS Consistency

8/8 quarters

Every recent quarter grew earnings vs last year

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Capital Strength

Safety cushion

Capital Ratio

15.4%

no trend

Fortress balance sheet — 15.4% CET1

A strong capital cushion. This bank is well padded against a bad year.

Asset Quality

Loans not being repaid

Non-Performing Loans

0.05%

no trend

Clean loan book — 0.05% non-performing

Under half a percent of loans are going bad. A very clean loan book.

Loans written off

Net Charge-Offs

-0.01%

no trend

Minimal losses — -0.01% net charge-offs

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

13.4x

Attractive valuation — P/E 13.4

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year

P/E vs Forward

+1.3

GROWING

Earnings expected to grow — slightly cheaper on forward P/E

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend

Dividend Yield

1.21%

Small dividend — 1.21% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend record

Dividend Growth

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial