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Side-by-side financial comparison of ASSEMBLY BIOSCIENCES, INC. (ASMB) and John Marshall Bancorp, Inc. (JMSB). Click either name above to swap in a different company.

John Marshall Bancorp, Inc. is the larger business by last-quarter revenue ($16.8M vs $10.8M, roughly 1.6× ASSEMBLY BIOSCIENCES, INC.). John Marshall Bancorp, Inc. runs the higher net margin — 36.3% vs -85.2%, a 121.6% gap on every dollar of revenue.

Pacific Biosciences of California, Inc. is an American biotechnology company founded in 2004 that develops and manufactures systems for gene sequencing and some novel real time biological observation. PacBio has two principal sequencing platforms: single-molecule real-time sequencing (SMRT), based on the properties of zero-mode waveguides and sequencing by binding (SBB) chemistry, which uses native nucleotides and scarless incorporation for DNA binding and extension.

John Marshall Bancorp, Inc. is a U.S.-based bank holding company that operates through its wholly owned subsidiary John Marshall Bank. It provides a full suite of commercial and consumer banking products including deposit accounts, commercial loans, residential mortgages, and personal financial services, primarily serving retail customers and small-to-mid-sized businesses across the U.S. Mid-Atlantic region.

ASMB vs JMSB — Head-to-Head

Bigger by revenue
JMSB
JMSB
1.6× larger
JMSB
$16.8M
$10.8M
ASMB
Higher net margin
JMSB
JMSB
121.6% more per $
JMSB
36.3%
-85.2%
ASMB

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ASMB
ASMB
JMSB
JMSB
Revenue
$10.8M
$16.8M
Net Profit
$-9.2M
$6.1M
Gross Margin
Operating Margin
-100.9%
Net Margin
-85.2%
36.3%
Revenue YoY
57.6%
Net Profit YoY
4.3%
26.8%
EPS (diluted)
$-0.72
$0.43

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASMB
ASMB
JMSB
JMSB
Q1 26
$16.8M
Q4 25
$16.4M
Q3 25
$10.8M
$16.3M
Q2 25
$9.6M
$15.4M
Q1 25
$9.4M
$14.6M
Q4 24
$7.4M
$14.3M
Q3 24
$6.8M
$13.8M
Q2 24
$8.5M
$12.6M
Net Profit
ASMB
ASMB
JMSB
JMSB
Q1 26
$6.1M
Q4 25
$5.9M
Q3 25
$-9.2M
$5.4M
Q2 25
$-10.2M
$5.1M
Q1 25
$-8.8M
$4.8M
Q4 24
$4.8M
Q3 24
$-9.6M
$4.2M
Q2 24
$-11.2M
$3.9M
Operating Margin
ASMB
ASMB
JMSB
JMSB
Q1 26
Q4 25
47.4%
Q3 25
-100.9%
42.2%
Q2 25
-115.2%
42.7%
Q1 25
-105.5%
42.4%
Q4 24
42.5%
Q3 24
-160.1%
38.8%
Q2 24
-143.0%
39.7%
Net Margin
ASMB
ASMB
JMSB
JMSB
Q1 26
36.3%
Q4 25
36.2%
Q3 25
-85.2%
33.2%
Q2 25
-105.9%
33.1%
Q1 25
-93.6%
32.9%
Q4 24
33.3%
Q3 24
-140.4%
30.7%
Q2 24
-130.7%
30.9%
EPS (diluted)
ASMB
ASMB
JMSB
JMSB
Q1 26
$0.43
Q4 25
$0.41
Q3 25
$-0.72
$0.38
Q2 25
$-1.33
$0.36
Q1 25
$-1.17
$0.34
Q4 24
$0.33
Q3 24
$-1.51
$0.30
Q2 24
$-1.98
$0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASMB
ASMB
JMSB
JMSB
Cash + ST InvestmentsLiquidity on hand
$22.5M
$150.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$182.7M
$268.1M
Total Assets
$240.0M
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASMB
ASMB
JMSB
JMSB
Q1 26
$150.2M
Q4 25
$130.0M
Q3 25
$22.5M
$163.6M
Q2 25
$24.0M
$116.9M
Q1 25
$23.4M
$169.1M
Q4 24
$38.3M
$122.5M
Q3 24
$28.5M
$177.2M
Q2 24
$19.2M
$182.6M
Total Debt
ASMB
ASMB
JMSB
JMSB
Q1 26
Q4 25
$80.9M
Q3 25
$80.9M
Q2 25
$80.8M
Q1 25
$80.8M
Q4 24
$80.8M
Q3 24
$80.8M
Q2 24
$24.7M
Stockholders' Equity
ASMB
ASMB
JMSB
JMSB
Q1 26
$268.1M
Q4 25
$265.6M
Q3 25
$182.7M
$259.7M
Q2 25
$18.1M
$253.7M
Q1 25
$27.1M
$253.0M
Q4 24
$33.4M
$246.6M
Q3 24
$26.0M
$243.1M
Q2 24
$34.7M
$235.3M
Total Assets
ASMB
ASMB
JMSB
JMSB
Q1 26
$2.4B
Q4 25
$2.3B
Q3 25
$240.0M
$2.3B
Q2 25
$80.8M
$2.3B
Q1 25
$99.0M
$2.3B
Q4 24
$119.2M
$2.2B
Q3 24
$100.3M
$2.3B
Q2 24
$115.3M
$2.3B
Debt / Equity
ASMB
ASMB
JMSB
JMSB
Q1 26
Q4 25
0.30×
Q3 25
0.31×
Q2 25
0.32×
Q1 25
0.32×
Q4 24
0.33×
Q3 24
0.33×
Q2 24
0.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASMB
ASMB
JMSB
JMSB
Operating Cash FlowLast quarter
$-15.1M
Free Cash FlowOCF − Capex
$-15.2M
FCF MarginFCF / Revenue
-140.7%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASMB
ASMB
JMSB
JMSB
Q1 26
Q4 25
$22.6M
Q3 25
$-15.1M
$1.2M
Q2 25
$-16.8M
$7.5M
Q1 25
$-23.4M
$7.0M
Q4 24
$-51.1M
$17.3M
Q3 24
$-15.2M
$1.4M
Q2 24
$-17.1M
$10.2M
Free Cash Flow
ASMB
ASMB
JMSB
JMSB
Q1 26
Q4 25
$22.0M
Q3 25
$-15.2M
$1.2M
Q2 25
$7.4M
Q1 25
$6.6M
Q4 24
$-51.1M
$16.8M
Q3 24
$1.3M
Q2 24
$-17.1M
$10.1M
FCF Margin
ASMB
ASMB
JMSB
JMSB
Q1 26
Q4 25
134.7%
Q3 25
-140.7%
7.3%
Q2 25
47.8%
Q1 25
45.3%
Q4 24
-695.2%
116.9%
Q3 24
9.5%
Q2 24
-200.6%
80.1%
Capex Intensity
ASMB
ASMB
JMSB
JMSB
Q1 26
Q4 25
3.4%
Q3 25
0.4%
0.2%
Q2 25
0.0%
1.0%
Q1 25
0.0%
2.3%
Q4 24
0.4%
3.4%
Q3 24
0.0%
0.8%
Q2 24
0.2%
0.4%
Cash Conversion
ASMB
ASMB
JMSB
JMSB
Q1 26
Q4 25
3.82×
Q3 25
0.23×
Q2 25
1.48×
Q1 25
1.45×
Q4 24
3.61×
Q3 24
0.33×
Q2 24
2.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASMB
ASMB

Segment breakdown not available.

JMSB
JMSB

Net Interest Income$16.5M98%
Noninterest Income$284.0K2%

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