Business
John Marshall Bancorp, Inc. Announces Extension of Stock Repurchase Program
RESTON, Va., August 19, 2025--John Marshall Bancorp, Inc. (Nasdaq: JMSB) (the "Company"), the parent holding company for John Marshall Bank, today announced that its Board of Directors (the "Board") authorized the extension of the stock repurchase program (the "Stock Repurchase Program") through August 31, 2026, pursuant to which the Company is authorized to purchase up to 700,000 shares of the Company’s outstanding common stock. To date, the Company has repurchased 93,103 shares, or $1.6 millio
About this update from The Bancorp, Inc.
[{"type":"text","content":"RESTON, Va., August 19, 2025--(BUSINESS WIRE)--John Marshall Bancorp, Inc. (Nasdaq: JMSB) (the "Company"), the parent holding company for John Marshall Bank, today announced that its Board of Directors (the "Board") authorized the extension of the stock repurchase program (the "Stock Repurchase Program") through August 31, 2026, pursuant to which the Company is authorized to purchase up to 700,000 shares of the Company’s outstanding common stock. To date, the Company has repurchased 93,103 shares, or $1.6 million under the Stock Repurchase Program. The Stock Repurchase Program may be suspended, terminated, amended or modified by the Board at any time without prior notice at the Board’s discretion. The Stock Repurchase Program was originally approved by the Board in 2021 and was set to expire on August 31, 2025. Other than the extension of the Stock Repurchase Program for an additional year, no changes were made to the Stock Repurchase Program.","length":987,"tagName":"p"},{"type":"text","content":"The Stock Repurchase Program is expected to be funded using the Company’s cash on hand and cash from operations of John Marshall Bank. Repurchases under the Stock Repurchase Program may be made, from time to time, in amounts and at prices the Company deems appropriate. The Stock Repurchase Program does not obligate the Company to purchase any shares of its common stock. Repurchases by the Company under the Stock Repurchase Program will be subject to general market and economic conditions, applicable legal and regulatory requirements and other considerations.","length":564,"tagName":"p"},{"type":"text","content":"About John Marshall Bancorp, Inc.","length":33,"tagName":"p"},{"type":"text","content":"John Marshall Bancorp, Inc. is the bank holding company for John Marshall Bank. The Bank is headquartered in Reston, Virginia with eight full-service branches located in Alexandria, Arlington, Loudoun, Prince William, Reston, and Tysons, Virginia, as well as Rockville, Maryland, and Washington, D.C. The Bank is dedicated to providing exceptional value, personalized service and convenience to local businesses and professionals in the Washington, D.C. Metropolitan area. The Bank offers a comprehensive line of sophisticated banking products and services that rival those of the largest banks along with experienced s...