Overview
* John Marshall Bancorp ( JMSB ) Q2 net income rises 30.7% yr/yr to $5.1 mln
* Diluted EPS for Q2 increases 33.3% yr/yr, driven by loan growth
* Net interest income for Q2 grows 23.5% yr/yr, reflecting margin expansion
Outlook
* Company anticipates continued growth in loan commitments
* Company sees potential for net interest income growth
* John Marshall Bancorp ( JMSB ) highlights strong asset quality for future performance
Result Drivers
* LOAN GROWTH - Co attributes 10% annualized loan growth as key driver for earnings increase
* MARGIN EXPANSION - Net interest margin grew for fifth consecutive qtr, boosting net interest income
* ASSET QUALITY - Co reports no loans past due or classified as substandard, supporting stable earnings
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 EPS $0.36
Q2 Net $5.10
Income mln
Q2 Net $14.90
Interest mln
Income
Q2 Net 50.0%
Interest
Margin
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)