Revenue: As of FY2026 Q2, the actual value is USD 18.78 M.

EPS: As of FY2026 Q2, the actual value is USD 0.5, beating the estimate of USD 0.435.

EBIT: As of FY2026 Q2, the actual value is USD 9.378 M.

Financial Performance - Second Quarter 2026

• Net Income: John Marshall Bancorp, Inc. reported net income of $7.0 million for Q2 2026, an increase of $1.9 million or 37.5% compared to $5.1 million for Q2 2025. This represents the highest net income since Q4 2022. The company also achieved an annualized quarter-over-quarter net income increase of 60.4% compared to Q1 2026. Annualized return on average assets was 1.20%, and annualized return on average equity was 10.34% for Q2 2026, compared to 0.91% and 8.06%, respectively, for Q2 2025.

• Net Interest Income and Margin: Net interest income for Q2 2026 increased $2.4 million or 16.1% to $17.3 million compared to $14.9 million for Q2 2025. This also represented a $0.8 million or 20.0% annualized increase over the linked quarter. The annualized net interest margin expanded to 2.99% for Q2 2026, up from 2.69% in the prior year period and 2.87% in Q1 2026, marking the ninth consecutive quarterly expansion. Interest income grew 6.8% year-over-year, while interest expense declined -3.9%. The cost of interest-bearing liabilities was 3.13% for Q2 2026, down from 3.38% in the prior year. The yield on interest-earning assets was 5.13% for Q2 2026, compared to 5.03% in 2025.

• Provision for Credit Losses: The Company recorded a provision for credit losses of $258 thousand for Q2 2026, a decrease from $537 thousand in Q2 2025. Provision for credit losses on funded loans totaled $384 thousand, while provision for credit losses on unfunded loan commitments was a recovery of $126 thousand.

• Non-Interest Income and Expense: Non-interest income significantly increased by $936 thousand or 184.6% during Q2 2026 compared to Q2 2025, largely due to an $835 thousand gain on the sale of an equity investment unit. Excluding this gain, non-interest income increased $101 thousand or 19.9%. Non-interest expense increased $1.2 million or 14.2% year-over-year, primarily due to a $979 thousand increase in salaries and employee benefits and higher marketing expense. The efficiency ratio improved to 50.5% for Q2 2026, down from 53.9% in Q2 2025.

Financial Performance - Year-to-Date 2026

• Net Income: For the six months ended June 30, 2026, John Marshall Bancorp, Inc. reported net income of $13.1 million, an increase of $3.2 million or 32.4% compared to $9.9 million for the same period in 2025. Annualized return on average assets was 1.13%, and return on average equity was 9.77% for the six months ended June 30, 2026, compared to 0.89% and 7.91%, respectively, for the same period in 2025.

• Net Interest Income and Margin: Net interest income increased $4.8 million or 16.6% for the six months ended June 30, 2026. The annualized net interest margin was 2.93%, up from 2.63% in the prior year.

• Provision for Credit Losses: The Company recorded a provision for credit losses of $281 thousand for the six months ended June 30, 2026, down from $707 thousand in 2025.

• Non-Interest Income and Expense: Non-interest income increased $716 thousand or 70.8% for the six months ended June 30, 2026, primarily driven by the $835 thousand gain on sale of an investment unit. Non-interest expense increased $1.9 million or 11.2%, mainly due to a $1.5 million increase in salaries and employee benefits. The efficiency ratio improved to 51.8% from 55.1% in the prior year.

Balance Sheet and Operational Metrics (as of June 30, 2026)

• Total Assets: Total assets reached $2.40 billion, a 5.9% increase from $2.27 billion at June 30, 2025. This marks the first time total assets exceeded $2.4 billion.

• Total Loans: Total loans, net of unearned income, surpassed $2.0 billion for the first time, reaching $2.01 billion, an increase of $98.0 million or 5.1% from $1.92 billion at June 30, 2025.

• Total Deposits: Total deposits increased $96.1 million or 5.1% year-over-year to $1.99 billion.

• Shareholders’ Equity: Shareholders’ equity increased $20.1 million or 7.9% to $273.8 million compared to $253.7 million at June 30, 2025.

Credit Quality (as of June 30, 2026)

• The Company had no non-accrual loans and no other real estate owned assets. The allowance for loan credit losses was $20.2 million, or 1.00% of outstanding loans, net of unearned income, compared to $19.3 million or 1.01% at June 30, 2025. The Bank’s total risk-based capital ratio was 16.7%, remaining well above regulatory well-capitalized thresholds.

Dividends

• On July 21, 2026, the Board of Directors declared a quarterly cash dividend of $0.10 per share, an 11.1% increase over the $0.09 dividend declared on April 28, 2026. On an annualized basis, this represents a 33% increase versus a year ago.

Outlook

• John Marshall Bancorp, Inc.’s President and CEO noted a strong loan pipeline for the third quarter. The increase in the quarterly cash dividend reflects confidence in the financial performance outlook. Management believes the company is well-positioned to grow its balance sheet, profits, and shareholder value.