John Marshall Bancorp (JMSB) Financial Statements & Analysis

John Marshall Bancorp (JMSB) Income Statement

John Marshall Bancorp reported revenue of $60.95M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 45.8% from $112.40M a year earlier. Net income was $21.23M, up 24.0% year over year, a net margin of 34.8%. Gross margin was 100.0% and operating margin 44.9%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $31.19M, up 109.4% from the same quarter a year earlier.

John Marshall Bancorp Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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John Marshall Bancorp, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	60.95	112.40	35.54	71.94	64.52	74.06	70.33	59.13	50.55
Cost of Revenue	54.38	58.72	47.03	13.82	11.32	21.82	21.49	15.26	10.17
Gross Profit	60.95	53.69	38.80	71.94	64.52	52.24	48.83	43.87	40.37
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	2.83	21.40	21.64	3.22	3.42	19.79	18.78	19.41	16.02
Operating Expenses	33.57	31.81	30.82	31.87	32.26	29.16	28.70	28.52	24.13
Operating Income	27.38	21.88	7.98	40.06	32.26	23.07	20.13	15.35	16.25
Other Income/Expense
Interest Income	112.77	109.74	100.47	83.82	73.86	72.13	68.57	57.42	48.90
Interest Expense	52.69	59.09	50.29	13.65	8.21	15.61	20.32	14.19	8.79
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	27.38	21.88	7.98	40.06	32.26	23.07	20.13	15.35	16.25
Income Tax Expense	6.15	4.76	2.82	8.26	6.80	4.55	4.21	3.17	7.26
Net Income	21.23	17.12	5.16	31.80	25.46	18.53	15.92	12.17	8.98
Net Income - Continuous Operations	21.23	17.12	5.16	31.80	25.46	18.53	15.92	12.17	8.98
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	1.52	23.56	9.70	1.92	2.23	25.69	22.87	16.63	17.05
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	1.52	1.68	1.72	1.92	2.23	2.61	2.74	1.29	0.80
Earnings Per Share
Basic EPS	1.00	1.00	-	2.00	2.00	1.00	1.00	1.00	1.00
Diluted EPS	1.00	1.00	-	2.00	2.00	1.00	1.00	1.00	1.00
Basic Shares Outstanding	14.19	14.22	14.12	13.93	13.58	13.46	12.99	12.78	12.72
Diluted Shares Outstanding	14.19	14.22	14.19	14.08	13.88	13.66	13.58	13.53	13.49

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About John Marshall Bancorp Financial Statements

What was John Marshall Bancorp's revenue in fiscal 2025?

John Marshall Bancorp reported revenue of $60.95M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 45.8% from $112.40M a year earlier.

Is John Marshall Bancorp profitable?

Yes. John Marshall Bancorp earned net income of $21.23M in fiscal 2025, a net margin of 34.8%. In fiscal 2024 it earned $17.12M.

What is John Marshall Bancorp's operating margin?

John Marshall Bancorp's operating income was $27.38M on revenue of $60.95M in fiscal 2025, an operating margin of 44.9%, compared with 19.5% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition