RESTON, Va.--(BUSINESS WIRE)--
John Marshall Bancorp, Inc. (OTCQB:JMSB) (the “Company”) today announced
that the Board of Directors of the Company has approved a 5 for 4 stock
split in the form of a 25% stock dividend for shareholders of record on
August 15, 2017, payable on September 5, 2017.
As a result of the dividend, the number of outstanding shares will
increase to approximately 12.80 million shares.
“The Company’s financial performance and community bank market
conditions continue to improve and we are pleased to reward our loyal
shareholders with this stock dividend,” said John Maxwell, Chairman &
CEO of the Company.
John Marshall Bancorp, Inc. is the bank holding company for John
Marshall Bank. John Marshall Bank is headquartered in Reston, Virginia
and has five full-service branches located in Reston, Leesburg,
Arlington, Alexandria and Rockville. The Bank also has limited service
commercial branch located in Washington, DC and a loan production office
located in Tysons Corner, VA. Further information on the Bank can be
obtained by visiting its website at www.johnmarshallbank.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170725006546/en/
John Marshall Bancorp, Inc.
John R. Maxwell, 703-584-0840
Source: John Marshall Bancorp, Inc.