John Marshall Bancorp (JMSB) investor relations material

Executive summary

• Net income for Q2 2026 was $7.0 million, up 37.5% year-over-year and 15.0% sequentially, marking the eighth consecutive quarter of net income growth and the highest since Q4 2022.

• Diluted EPS rose to $0.50, a 38.9% increase year-over-year and 16.3% sequentially.

• Total assets surpassed $2.4 billion and total loans exceeded $2.0 billion for the first time.

Financial highlights

• Net interest income for Q2 2026 was $17.3 million, up 16.1% year-over-year and 20.0% annualized sequentially.

• Net interest margin expanded to 2.99%, up from 2.87% in Q1 2026 and 2.69% in Q2 2025.

• Return on average assets was 1.20% and return on average equity was 10.34%, both significantly higher than the prior year.

• Non-interest income increased 184.6% year-over-year, driven by an $835K gain on sale of an equity investment unit.

• Non-interest expense rose 14.2% year-over-year, mainly due to higher salaries, benefits, and marketing.

• Efficiency ratio improved to 50.5% from 53.9% a year ago.

Outlook and guidance

• Management expects continued balance sheet and profit growth, supported by a strong loan pipeline and robust asset quality.

• The Board increased the quarterly dividend to $0.10 per share, up 11.1% sequentially and 33% year-over-year annualized.