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John Marshall Bancorp (John Marshall Bancorp) Return-on-Tangible-Equity : 8.00% (As of Dec. 2023)


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What is John Marshall Bancorp Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. John Marshall Bancorp's annualized net income for the quarter that ended in Dec. 2023 was $18.01 Mil. John Marshall Bancorp's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $225.24 Mil. Therefore, John Marshall Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 8.00%.

The historical rank and industry rank for John Marshall Bancorp's Return-on-Tangible-Equity or its related term are showing as below:

JMSB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.33   Med: 8.74   Max: 15.1
Current: 2.34

During the past 11 years, John Marshall Bancorp's highest Return-on-Tangible-Equity was 15.10%. The lowest was 2.33%. And the median was 8.74%.

JMSB's Return-on-Tangible-Equity is ranked worse than
90.61% of 1449 companies
in the Banks industry
Industry Median: 10.91 vs JMSB: 2.34

John Marshall Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for John Marshall Bancorp's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

John Marshall Bancorp Return-on-Tangible-Equity Chart

John Marshall Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.47 10.65 12.91 15.10 2.33

John Marshall Bancorp Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.81 11.63 8.17 -18.45 8.00

Competitive Comparison of John Marshall Bancorp's Return-on-Tangible-Equity

For the Banks - Regional subindustry, John Marshall Bancorp's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


John Marshall Bancorp's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, John Marshall Bancorp's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where John Marshall Bancorp's Return-on-Tangible-Equity falls into.



John Marshall Bancorp Return-on-Tangible-Equity Calculation

John Marshall Bancorp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=5.158/( (212.8+229.914 )/ 2 )
=5.158/221.357
=2.33 %

John Marshall Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=18.008/( (220.567+229.914)/ 2 )
=18.008/225.2405
=8.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


John Marshall Bancorp  (NAS:JMSB) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


John Marshall Bancorp Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of John Marshall Bancorp's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


John Marshall Bancorp (John Marshall Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1943 Isaac Newton Square E, Suite 100, Reston, VA, USA, 20190
John Marshall Bancorp Inc provides banking services. The company offers personal and commercial banking services including checking and deposits services, lending solutions, cash management, personal loans, and other financial services. The firm serves local businesses, professionals, individuals, and families throughout the Washington, D.C. metropolitan area.
Executives
Jonathan Craig Kinney director 2000 NORTH 14TH STREET SUITE 100, ARLINGTON VA 22201
Lim Nguonly director 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Philip Chase director 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Kelly Jo Bell officer: Chief Operating Officer 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Carl E Dodson officer: Chief Operating Officer & CRO 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Michael A Garcia director 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Christopher W Bergstrom director, officer: Chief Executive Officer 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Jean Edelman director 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Kent Carstater officer: Chief Financial Officer 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Andrew Peden officer: Chief Lending Officer 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Subhash Garg director 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Oscar Leland Mahan director 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Ronald J Gordon director 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
Michael T Foster director 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190
William Ridenour officer: Chief Banking Officer 1943 ISAAC NEWTON SQUARE EAST, SUITE 100, RESTON VA 20190