Insider Buying: John Marshall Bancorp, Inc. (NASDAQ:JMSB) Director Acquires $34,280.00 in Stock

John Marshall Bancorp, Inc. (NASDAQ:JMSB) Director Jonathan Craig Kinney purchased 2,000 shares of John Marshall Bancorp stock in a transaction dated Monday, April 29th. The stock was acquired at an average price of $17.14 per share, for a total transaction of $34,280.00. Following the completion of the acquisition, the director now owns 173,598 shares of the company’s stock, valued at approximately $2,975,469.72. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Jonathan Craig Kinney also recently made the following trade(s):

• On Wednesday, May 1st, Jonathan Craig Kinney bought 260 shares of John Marshall Bancorp stock. The stock was acquired at an average price of $16.50 per share, for a total transaction of $4,290.00.

John Marshall Bancorp Stock Up 1.8 %

Shares of JMSB opened at $17.43 on Friday. The firm has a market capitalization of $247.85 million, a P/E ratio of 79.23 and a beta of 0.59. John Marshall Bancorp, Inc. has a 12-month low of $14.38 and a 12-month high of $24.84. The firm has a fifty day moving average price of $17.37 and a 200-day moving average price of $18.82. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.15.

John Marshall Bancorp Increases Dividend

The business also recently announced an annual dividend, which will be paid on Monday, July 8th. Shareholders of record on Friday, June 28th will be paid a $0.25 dividend. This is an increase from John Marshall Bancorp’s previous annual dividend of $0.22. This represents a yield of 1.4%. The ex-dividend date of this dividend is Friday, June 28th. John Marshall Bancorp’s dividend payout ratio is currently 100.00%.

Institutional Trading of John Marshall Bancorp

Several institutional investors and hedge funds have recently modified their holdings of the stock. Toth Financial Advisory Corp grew its stake in John Marshall Bancorp by 14.5% in the fourth quarter. Toth Financial Advisory Corp now owns 484,644 shares of the company’s stock worth $10,934,000 after purchasing an additional 61,315 shares in the last quarter. Raymond James & Associates bought a new position in shares of John Marshall Bancorp during the 3rd quarter worth $287,000. Brown Advisory Inc. increased its stake in shares of John Marshall Bancorp by 5.0% during the third quarter. Brown Advisory Inc. now owns 134,114 shares of the company’s stock valued at $2,394,000 after buying an additional 6,428 shares during the period. SG Americas Securities LLC bought a new stake in shares of John Marshall Bancorp in the third quarter valued at about $106,000. Finally, Bank of New York Mellon Corp lifted its stake in John Marshall Bancorp by 3.2% in the third quarter. Bank of New York Mellon Corp now owns 44,227 shares of the company’s stock worth $789,000 after acquiring an additional 1,356 shares during the period. Institutional investors 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.