John Marshall Bancorp, Inc. (NASDAQ:JMSB) Shares Acquired by Northern Trust Corp

Northern Trust Corp lifted its stake in shares of John Marshall Bancorp, Inc. (NASDAQ:JMSB) by 6.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 108,839 shares of the company’s stock after buying an additional 6,178 shares during the quarter. Northern Trust Corp owned approximately 0.76% of John Marshall Bancorp worth $2,185,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in JMSB. SG Americas Securities LLC acquired a new stake in shares of John Marshall Bancorp during the fourth quarter worth approximately $105,000. Rhumbline Advisers grew its position in shares of John Marshall Bancorp by 3.0% during the fourth quarter. Rhumbline Advisers now owns 18,531 shares of the company’s stock worth $372,000 after buying an additional 536 shares in the last quarter. Barclays PLC grew its position in shares of John Marshall Bancorp by 14.6% during the fourth quarter. Barclays PLC now owns 18,835 shares of the company’s stock worth $378,000 after buying an additional 2,399 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of John Marshall Bancorp by 156.6% during the third quarter. JPMorgan Chase & Co. now owns 19,769 shares of the company’s stock worth $391,000 after buying an additional 12,064 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. grew its position in shares of John Marshall Bancorp by 8.7% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,943,902 shares of the company’s stock worth $39,034,000 after buying an additional 155,234 shares in the last quarter. Institutional investors and hedge funds own 39.09% of the company’s stock.

John Marshall Bancorp Stock Down 0.5%

JMSB stock opened at $17.29 on Monday. John Marshall Bancorp, Inc. has a twelve month low of $13.81 and a twelve month high of $26.52. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $246.87 million, a P/E ratio of 14.41 and a beta of 0.68. The firm has a 50 day simple moving average of $16.29 and a 200-day simple moving average of $18.95.

John Marshall Bancorp (NASDAQ:JMSB) last released its quarterly earnings data on Wednesday, April 23rd. The company reported $0.34 EPS for the quarter. The firm had revenue of $14.60 million during the quarter. John Marshall Bancorp had a net margin of 15.23% and a return on equity of 7.20%.

John Marshall Bancorp Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Monday, July 7th. Shareholders of record on Friday, June 27th will be issued a $0.30 dividend. This represents a yield of 2%. The ex-dividend date of this dividend is Friday, June 27th. This is an increase from John Marshall Bancorp’s previous annual dividend of $0.25. John Marshall Bancorp’s payout ratio is currently 24.19%.

Insiders Place Their Bets

In other John Marshall Bancorp news, CFO Kent Carstater acquired 5,000 shares of the firm’s stock in a transaction on Friday, April 25th. The stock was purchased at an average price of $15.77 per share, with a total value of $78,850.00. Following the completion of the acquisition, the chief financial officer now directly owns 48,131 shares in the company, valued at $759,025.87. This trade represents a 11.59% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 12.05% of the stock is currently owned by corporate insiders.

About John Marshall Bancorp

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.