John Marshall Bancorp, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 6, 2026, reporting third-quarter net income of $7,541 thousand and total assets of $2.44 billion.

Key Highlights

  • Net income rose to $7,541 thousand for the three months ended September 30, 2026, compared to $5,404 thousand for the same period in 2025, according to the filing.
  • Net interest income increased to $17,788 thousand for Q3 2026, up from $15,600 thousand in Q3 2025.
  • Total assets reached $2,436,886 thousand as of September 30, 2026, compared to $2,332,550 thousand at December 31, 2025.
  • Earnings per share (basic and diluted) were $0.53 for the three months ended September 30, 2026, versus $0.38 for the same quarter in 2025.
  • Merger and acquisition expenses of $332 thousand were recorded in Q3 2026, with no comparable amount in Q3 2025.
  • Shares outstanding were 14,111,934 as of October 30, 2026, including 67,271 unvested shares.

John Marshall Bancorp Reports Higher Earnings and Asset Growth in Third Quarter 2026

According to the filing, John Marshall Bancorp (NASDAQ:JMSB) reported net income of $7,541 thousand for the three months ended September 30, 2026, an increase from $5,404 thousand in the third quarter of 2025. For the nine months ended September 30, 2026, the company disclosed net income of $20,662 thousand, compared to $15,317 thousand for the same period in 2025. Basic and diluted earnings per share were $1.46 for the nine-month period in 2026, versus $1.07 in 2025.

The filing reported total interest and dividend income of $31,296 thousand for Q3 2026, up from $28,945 thousand in Q3 2025, driven in part by interest and fees on loans rising to $28,060 thousand from $26,191 thousand. Total interest expense was $13,508 thousand in Q3 2026 compared to $13,345 thousand in Q3 2025. The company also disclosed a recovery of credit losses of $318 thousand in Q3 2026, contrasting with a provision of $356 thousand in Q3 2025.

On the balance sheet, the filing showed total deposits of $2,064,264 thousand at September 30, 2026, up from $1,972,285 thousand at December 31, 2025. Net loans stood at $1,991,297 thousand, with the allowance for loan credit losses at $19,799 thousand. Total shareholders' equity was reported at $277,125 thousand, compared to $265,638 thousand at year-end 2025. The filing also noted merger and acquisition expenses of $332 thousand recorded in the third quarter of 2026, a line item that did not appear in the comparable 2025 period.

What Was Disclosed

John Marshall Bancorp filed a 10-Q for the quarter ended September 30, 2026, disclosing higher net income, increased net interest income, growth in total assets and deposits, a credit loss recovery, and the first appearance of merger and acquisition expenses in the current fiscal year.