Filing Flows › John Marshall Bancorp (JMSB) › Q3 2026 › vs Q2 2025
John Marshall Bancorp (JMSB) Q3 2026 vs Q2 2025 (quarter over quarter)
John Marshall Bancorp's revenue fell $721K (-4%) from $18.8M in Q2 2025 to $18.1M in Q3 2026. The biggest changes: Noninterest income −$1.2M (-81%); Net interest income +$454K (+3%). Operating margin 53.7% against 48.1% (+5.6 pts).
John Marshall Bancorp, Q3 2026: revenue $18.1M (+11% year over year), operating margin 53.7%, net earnings $7.5M, operating cash flow $7.4M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q3 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 53.7% | 48.1% | +5.6 pts |
| Net margin | 41.8% | 37.4% | +4.4 pts |
| Free cash flow margin | 40.8% | 26.8% | +14.0 pts |
Every line
| Line | Q3 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Net interest income | $17.8M | $17.3M | $454K | +3% |
| Noninterest income | $268K | $1.4M | −$1.2M | -81% |
| Revenue | $18.1M | $18.8M | −$721K | -4% |
| Operating profit | $9.7M | $9.0M | $666K | +7% |
| Costs & expenses | $8.4M | $9.7M | −$1.4M | -14% |
| Pre-tax earnings | $9.7M | $9.0M | $666K | +7% |
| Net earnings | $7.5M | $7.0M | $521K | +7% |
| Income tax | $2.2M | $2.0M | $144K | +7% |
| Depreciation | $109K | $115K | −$6K | -5% |
| Share-based compensation | $142K | $141K | $1K | +0.7% |
| Working capital & other | $391K | $2.2M | −$1.8M | -83% |
| Operating cash flow | $7.4M | $5.0M | $2.4M | +47% |
| Free cash flow (OCF − capex) | $7.4M | $5.0M | $2.3M | +46% |
| Capital expenditures | $41K | $6K | $35K | +583% |
Questions
How much did John Marshall Bancorp's revenue grow quarter over quarter in Q3 2026?
John Marshall Bancorp's revenue fell $721K (-4%) from $18.8M in Q2 2025 to $18.1M in Q3 2026.
What drove John Marshall Bancorp's revenue change in Q3 2026?
Noninterest income −$1.2M (-81%); Net interest income +$454K (+3%).