John Marshall Bancorp, Inc. reported net income of $4.8 million, or $0.33 per diluted common share, for the fourth quarter ended December 31, 2024. This represents an increase from $4.2 million, or $0.30 per diluted common share, in the third quarter of 2024, and $4.5 million, or $0.32 per diluted common share, in the fourth quarter of 2023. The company's annualized net interest income increased by 27.5%.
The company's balance sheet remains well-positioned for growth in 2025, with continued strong capital, pristine asset quality, and sound liquidity positions maintained throughout 2024. This financial strength provides a solid foundation for future expansion. Management emphasized the company's readiness to capitalize on market opportunities.
These results highlight John Marshall Bancorp's consistent profitability and effective management of its financial resources. The increase in net interest income indicates favorable interest rate dynamics and efficient asset-liability management. The company's focus on maintaining a robust balance sheet supports its strategic objectives for the upcoming year.
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