<span item_type="fundamental" item_id="f995eee78d6d1a56ac0d5756e186bddd" counter_id="ST/US/JMSB" env="prod"></span><span item_type="announcement" item_id="609871483988017153" env="prod"></span><p>Revenue: As of FY2025 Q4, the actual value is USD 16.35 M.</p><p>EPS: As of FY2025 Q4, the actual value is USD 0.42.</p><p>EBIT: As of FY2025 Q4, the actual value is USD -7.562 M.</p><p></p><h4>Net Income</h4><ul><li>John Marshall Bancorp, Inc. reported net income of $5.9 million for Q4 2025, an increase of $1.1 million or 23.9% compared to $4.8 million in Q4 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>This also represents a 9.5% increase over $5.4 million reported for Q3 2025, an annualized quarter-over-quarter increase of 37.5%, marking the sixth consecutive quarter of net income growth. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>For the full year 2025, net income was $21.2 million, an increase of $4.1 million or 24.0% compared to $17.1 million for the full year 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li></ul><h4>Net Interest Income</h4><ul><li>Net interest income for Q4 2025 was $15.9 million, a $1.9 million or 13.3% increase over $14.1 million in Q4 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>For the full year 2025, net interest income reached $60.564 million, an increase of $9.5 million or 18.6% compared to $51.047 million for the full year 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li></ul><h4>Net Interest Margin (Annualized)</h4><ul><li>The annualized net interest margin was 2.73% for Q4 2025, a 21 basis point improvement from 2.52% in Q4 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>For the full year 2025, it was 2.68%, compared to 2.28% for the full year 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li></ul><h4>Revenue</h4><ul><li>Total revenue (Net Interest Income plus Non-Interest Income) for the full year 2025 grew 17.5% compared to the full year 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li></ul><h4>Non-Interest Expense</h4><ul><li>Non-interest expense for Q4 2025 was $7.971 million, a decrease of $1.1 million or 11.8% compared to $9.034 million in Q3 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>Compared to Q4 2024, non-interest expense increased $26 thousand or 0.3% from $7.945 million. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>For the full year 2025, non-interest expense increased $1.8 million or 5.5% to $33.567 million compared to $31.809 million for the full year 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>Overhead (Non-Interest Expense) growth was 5.5% for the twelve months ended December 31, 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li></ul><h4>Provision for Credit Losses</h4><ul><li>The provision for credit losses was $624 thousand for Q4 2025, compared to $298 thousand for Q4 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>For the full year 2025, it was $1.7 million, compared to a - $0.4 million recovery of provision for credit losses for the full year 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li></ul><h4>Non-Interest Income</h4><ul><li>Non-interest income for Q4 2025 increased $128 thousand or 45.6% compared to $281 thousand in Q4 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>For the full year 2025, it decreased $197 thousand or 8.7% compared to $2.271 million for the full year 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li></ul><h4>Loan Portfolio</h4><ul><li>The loan portfolio, net of unearned income, grew $37.3 million or 7.6% annualized during Q4 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>Year-over-year, the loan portfolio increased $103.2 million or 5.5% from December 31, 2024, to $1.975 billion at December 31, 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>The loan pipeline recorded $139.7 million in new commitments during Q4 2025, a 46.7% improvement over $95.2 million in Q3 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>As of December 31, 2025, John Marshall Bancorp, Inc. had no non-accrual loans and no other real estate owned assets. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>The Allowance for Loan Credit Losses was $19.8 million or 1.0% of outstanding loans (net of unearned income) at December 31, 2025, compared to $19.7 million or 1.02% at September 30, 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li></ul><h4>Deposits</h4><ul><li>Total deposits increased $79.9 million or 4.2% year-over-year, from $1.892 billion at December 31, 2024, to $1.972 billion at December 31, 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>Quarter-over-quarter, total deposits were relatively unchanged at $1.972 billion at December 31, 2025, compared to $1.969 billion at September 30, 2025, representing an increase of $3.5 million or 0.2%. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li></ul><h4>Total Assets</h4><ul><li>Total assets were $2.333 billion at December 31, 2025, up $98.0 million or 4.4% from $2.235 billion at December 31, 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>Quarter-over-quarter, total assets increased $8.0 million or 1.4% annualized from $2.325 billion at September 30, 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li></ul><h4>Book Value per Share</h4><ul><li>Book value per share was $18.70 as of December 31, 2025, up 8.2% from $17.28 as of December 31, 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li></ul><h4>Dividends</h4><ul><li>An annual cash dividend of $0.30 per share was declared on April 22, 2025, and paid on July 7, 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>A quarterly cash dividend of $0.09 per share was declared on January 27, 2026, representing a 20% increase over the 2025 annual cash dividend (annualized). <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li></ul><h4>Capital Ratios (Bank Level)</h4><ul><li>The Total Risk-Based Capital Ratio was 16.3% at December 31, 2025, compared to 16.2% at December 31, 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>Equity / Assets stood at 12.2% at December 31, 2025, compared to 11.9% at December 31, 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li></ul><h4>Efficiency Ratio</h4><ul><li>The efficiency ratio declined to 48.8% for Q4 2025, compared to 55.4% for Q4 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>For the full year 2025, it was 53.6% compared to 59.7% for the full year 2024. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li></ul><h4>Outlook / Guidance</h4><ul><li>John Marshall Bancorp, Inc. anticipates that additional Federal Open Market Committee rate reductions and a continuing normalization of the yield curve could enhance its profitability. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>The company remains focused on delivering tailored banking services and exceptional client experiences in 2026. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li><li>This focus aims for continued growth and increased returns and shareholder value through its strong balance sheet. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1710482/000110465926007250/jmsb-20260128xex99d1.htm"></span></li></ul>

John Marshall Bancorp | 8-K: FY2025 Q4 Revenue: USD 16.35 M