Deutsche Bank AG Buys Shares of 12,986 John Marshall Bancorp, Inc. (NASDAQ:JMSB)

Deutsche Bank AG purchased a new stake in John Marshall Bancorp, Inc. (NASDAQ:JMSB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,986 shares of the company’s stock, valued at approximately $261,000. Deutsche Bank AG owned about 0.09% of John Marshall Bancorp at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the stock. Citadel Advisors LLC raised its position in shares of John Marshall Bancorp by 12.7% during the 4th quarter. Citadel Advisors LLC now owns 16,423 shares of the company’s stock worth $330,000 after purchasing an additional 1,851 shares during the last quarter. Bank of America Corp DE raised its position in shares of John Marshall Bancorp by 278.1% during the 4th quarter. Bank of America Corp DE now owns 269,723 shares of the company’s stock worth $5,416,000 after purchasing an additional 198,383 shares during the last quarter. Lido Advisors LLC acquired a new position in shares of John Marshall Bancorp during the 4th quarter worth approximately $251,000. Northern Trust Corp raised its position in shares of John Marshall Bancorp by 6.0% during the 4th quarter. Northern Trust Corp now owns 108,839 shares of the company’s stock worth $2,185,000 after purchasing an additional 6,178 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. raised its position in shares of John Marshall Bancorp by 8.7% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,943,902 shares of the company’s stock worth $39,034,000 after purchasing an additional 155,234 shares during the last quarter. 39.09% of the stock is currently owned by institutional investors and hedge funds.

John Marshall Bancorp Trading Down 0.3%

Shares of John Marshall Bancorp stock opened at $17.48 on Monday. The business has a 50 day moving average price of $16.32 and a 200 day moving average price of $18.68. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.04 and a quick ratio of 1.04. The company has a market capitalization of $249.58 million, a P/E ratio of 14.57 and a beta of 0.68. John Marshall Bancorp, Inc. has a 1 year low of $13.81 and a 1 year high of $26.52.

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

John Marshall Bancorp Increases Dividend

The firm also recently declared 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. The ex-dividend date is Friday, June 27th. This is an increase from John Marshall Bancorp’s previous annual dividend of $0.25. This represents a yield of 2%. John Marshall Bancorp’s payout ratio is 24.19%.

Insider Buying and Selling at John Marshall Bancorp

In other John Marshall Bancorp news, CFO Kent Carstater purchased 5,000 shares of the business’s stock in a transaction on Friday, April 25th. The stock was bought at an average cost of $15.77 per share, for a total transaction of $78,850.00. Following the acquisition, the chief financial officer now owns 48,131 shares of the company’s stock, valued at approximately $759,025.87. The trade was a 11.59% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. 12.05% of the stock is currently owned by 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.