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JMSB (John Marshall Bancorp) Asset Turnover : 0.01 (As of Sep. 2024)


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What is John Marshall Bancorp Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. John Marshall Bancorp's Revenue for the three months ended in Sep. 2024 was $13.77 Mil. John Marshall Bancorp's Total Assets for the quarter that ended in Sep. 2024 was $2,272.06 Mil. Therefore, John Marshall Bancorp's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. John Marshall Bancorp's annualized ROE % for the quarter that ended in Sep. 2024 was 7.08%. It is also linked to ROA % through Du Pont Formula. John Marshall Bancorp's annualized ROA % for the quarter that ended in Sep. 2024 was 0.75%.


John Marshall Bancorp Asset Turnover Historical Data

The historical data trend for John Marshall Bancorp's Asset Turnover 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 Asset Turnover Chart

John Marshall Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.03 0.03 0.02

John Marshall Bancorp Quarterly Data
Jun18 Sep18 Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Asset Turnover 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 - 0.01 0.01 0.01 0.01

Competitive Comparison of John Marshall Bancorp's Asset Turnover

For the Banks - Regional subindustry, John Marshall Bancorp's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, John Marshall Bancorp's Asset Turnover distribution charts can be found below:

* The bar in red indicates where John Marshall Bancorp's Asset Turnover falls into.



John Marshall Bancorp Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

John Marshall Bancorp's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=35.544/( (2348.235+2242.549)/ 2 )
=35.544/2295.392
=0.02

John Marshall Bancorp's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=13.773/( (2269.757+2274.363)/ 2 )
=13.773/2272.06
=0.01

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


John Marshall Bancorp  (NAS:JMSB) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

John Marshall Bancorp's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=16.94/239.232
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(16.94 / 55.092)*(55.092 / 2272.06)*(2272.06/ 239.232)
=Net Margin %*Asset Turnover*Equity Multiplier
=30.75 %*0.0242*9.4973
=ROA %*Equity Multiplier
=0.75 %*9.4973
=7.08 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

John Marshall Bancorp's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=16.94/2272.06
=(Net Income / Revenue)*(Revenue / Total Assets)
=(16.94 / 55.092)*(55.092 / 2272.06)
=Net Margin %*Asset Turnover
=30.75 %*0.0242
=0.75 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


John Marshall Bancorp Asset Turnover Related Terms

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


John Marshall Bancorp Business Description

Traded in Other Exchanges
N/A
Address
1943 Isaac Newton Square, Suite 100, Reston, VA, USA, 20190
John Marshall Bancorp Inc provides banking services. The company offers banking products and financial services to small to medium-sized businesses, professional corporations, non-profits and individuals. The products and services offered by the company include commercial checking, savings, and money market accounts, certificates of deposit, treasury and cash management services, commercial and industrial loans, commercial real estate loans, residential and commercial construction and development loans, online banking, and mobile banking. The firm serves local businesses, professionals, individuals, and families throughout the Washington, D.C. metropolitan area.
Executives
Lim Nguonly 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
Jonathan Craig Kinney director 2000 NORTH 14TH STREET SUITE 100, ARLINGTON VA 22201
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
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