John Marshall Bancorp FY26 Q2 net income rises 37.5% to $7.02 million
JMSB•Non-interest income and balance sheet growth
Non-interest income more than doubled to $1.44 million, driven by a $835,000 gain on sale of an equity investment unit.
Assets grew to $2.4 billion at June 30; deposits increased to $1.99 billion, with uninsured deposits estimated at $893 million.
Quarterly profit rises on stronger net interest income
John Marshall Bancorp posted Q2 net income of $7.02 million, up 37.5% year over year; diluted EPS rose to $0.50, up 38.9%.
Net interest income climbed 16.1% to $17.33 million; net interest margin widened 30 basis points to 2.99%.
Provision for credit losses fell 52% to $258,000.
