John Marshall Bancorp (NASDAQ:JMSB) Stock Price Down 3% – Here’s Why

John Marshall Bancorp, Inc. (NASDAQ:JMSB)’s share price fell 3% during mid-day trading on Monday . The stock traded as low as $16.58 and last traded at $16.94. 27,411 shares changed hands during mid-day trading, an increase of 52% from the average session volume of 18,007 shares. The stock had previously closed at $17.46.

John Marshall Bancorp Stock Performance

The firm has a fifty day moving average of $19.01 and a 200-day moving average of $20.35. The firm has a market cap of $247.06 million, a P/E ratio of 14.46 and a beta of 0.64. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.33.

John Marshall Bancorp (NASDAQ:JMSB) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.33 earnings per share (EPS) for the quarter. John Marshall Bancorp had a return on equity of 7.20% and a net margin of 15.23%.

Hedge Funds Weigh In On John Marshall Bancorp

Several hedge funds have recently added to or reduced their stakes in JMSB. SG Americas Securities LLC acquired a new position in John Marshall Bancorp in the fourth quarter valued at about $105,000. Lido Advisors LLC acquired a new position in John Marshall Bancorp in the fourth quarter valued at about $251,000. Deutsche Bank AG acquired a new position in John Marshall Bancorp in the fourth quarter valued at about $261,000. Barclays PLC lifted its stake in John Marshall Bancorp by 272.5% in the third quarter. Barclays PLC now owns 16,436 shares of the company’s stock valued at $325,000 after buying an additional 12,024 shares during the period. Finally, Citadel Advisors LLC lifted its stake in John Marshall Bancorp by 12.7% in the fourth quarter. Citadel Advisors LLC now owns 16,423 shares of the company’s stock valued at $330,000 after buying an additional 1,851 shares during the period. Institutional investors and hedge funds own 39.09% of the company’s stock.

John Marshall Bancorp Company Profile

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.