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Side-by-side financial comparison of John Marshall Bancorp, Inc. (JMSB) and NextPlat Corp (NXPL). 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 $12.8M, roughly 1.3× NextPlat Corp). John Marshall Bancorp, Inc. runs the higher net margin — 36.3% vs -40.2%, a 76.5% gap on every dollar of revenue. Over the past eight quarters, John Marshall Bancorp, Inc.'s revenue compounded faster (15.3% CAGR vs -14.4%).

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.

JMSB vs NXPL — Head-to-Head

Bigger by revenue
JMSB
JMSB
1.3× larger
JMSB
$16.8M
$12.8M
NXPL
Higher net margin
JMSB
JMSB
76.5% more per $
JMSB
36.3%
-40.2%
NXPL
Faster 2-yr revenue CAGR
JMSB
JMSB
Annualised
JMSB
15.3%
-14.4%
NXPL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
JMSB
JMSB
NXPL
NXPL
Revenue
$16.8M
$12.8M
Net Profit
$6.1M
$-5.1M
Gross Margin
14.3%
Operating Margin
-28.9%
Net Margin
36.3%
-40.2%
Revenue YoY
-21.1%
Net Profit YoY
26.8%
-70.6%
EPS (diluted)
$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
JMSB
JMSB
NXPL
NXPL
Q1 26
$16.8M
Q4 25
$16.4M
$12.8M
Q3 25
$16.3M
$13.8M
Q2 25
$15.4M
$13.2M
Q1 25
$14.6M
$14.5M
Q4 24
$14.3M
$16.2M
Q3 24
$13.8M
$15.4M
Q2 24
$12.6M
$17.0M
Net Profit
JMSB
JMSB
NXPL
NXPL
Q1 26
$6.1M
Q4 25
$5.9M
$-5.1M
Q3 25
$5.4M
$-2.2M
Q2 25
$5.1M
$-1.8M
Q1 25
$4.8M
$-1.3M
Q4 24
$4.8M
$-3.0M
Q3 24
$4.2M
$-4.2M
Q2 24
$3.9M
$-5.3M
Gross Margin
JMSB
JMSB
NXPL
NXPL
Q1 26
Q4 25
14.3%
Q3 25
19.9%
Q2 25
21.8%
Q1 25
23.8%
Q4 24
16.8%
Q3 24
23.2%
Q2 24
34.5%
Operating Margin
JMSB
JMSB
NXPL
NXPL
Q1 26
Q4 25
47.4%
-28.9%
Q3 25
42.2%
-14.5%
Q2 25
42.7%
-13.8%
Q1 25
42.4%
-10.2%
Q4 24
42.5%
-14.1%
Q3 24
38.8%
-52.1%
Q2 24
39.7%
-64.1%
Net Margin
JMSB
JMSB
NXPL
NXPL
Q1 26
36.3%
Q4 25
36.2%
-40.2%
Q3 25
33.2%
-15.9%
Q2 25
33.1%
-13.5%
Q1 25
32.9%
-9.2%
Q4 24
33.3%
-18.6%
Q3 24
30.7%
-27.4%
Q2 24
30.9%
-31.3%
EPS (diluted)
JMSB
JMSB
NXPL
NXPL
Q1 26
$0.43
Q4 25
$0.41
Q3 25
$0.38
Q2 25
$0.36
Q1 25
$0.34
$-0.05
Q4 24
$0.33
Q3 24
$0.30
$-0.22
Q2 24
$0.27

Balance Sheet & Financial Strength

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

Metric
JMSB
JMSB
NXPL
NXPL
Cash + ST InvestmentsLiquidity on hand
$150.2M
$13.7M
Total DebtLower is stronger
$1.3M
Stockholders' EquityBook value
$268.1M
$17.3M
Total Assets
$2.4B
$27.5M
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JMSB
JMSB
NXPL
NXPL
Q1 26
$150.2M
Q4 25
$130.0M
$13.7M
Q3 25
$163.6M
$13.9M
Q2 25
$116.9M
$16.6M
Q1 25
$169.1M
$17.7M
Q4 24
$122.5M
$20.0M
Q3 24
$177.2M
$20.4M
Q2 24
$182.6M
$24.9M
Total Debt
JMSB
JMSB
NXPL
NXPL
Q1 26
Q4 25
$80.9M
$1.3M
Q3 25
$80.9M
$1.2M
Q2 25
$80.8M
$1.2M
Q1 25
$80.8M
$1.3M
Q4 24
$80.8M
$1.4M
Q3 24
$80.8M
$1.5M
Q2 24
$24.7M
$1.3M
Stockholders' Equity
JMSB
JMSB
NXPL
NXPL
Q1 26
$268.1M
Q4 25
$265.6M
$17.3M
Q3 25
$259.7M
$21.4M
Q2 25
$253.7M
$23.5M
Q1 25
$253.0M
$25.3M
Q4 24
$246.6M
$27.3M
Q3 24
$243.1M
$22.5M
Q2 24
$235.3M
$26.5M
Total Assets
JMSB
JMSB
NXPL
NXPL
Q1 26
$2.4B
Q4 25
$2.3B
$27.5M
Q3 25
$2.3B
$30.0M
Q2 25
$2.3B
$31.0M
Q1 25
$2.3B
$35.2M
Q4 24
$2.2B
$37.1M
Q3 24
$2.3B
$41.1M
Q2 24
$2.3B
$51.5M
Debt / Equity
JMSB
JMSB
NXPL
NXPL
Q1 26
Q4 25
0.30×
0.07×
Q3 25
0.31×
0.05×
Q2 25
0.32×
0.05×
Q1 25
0.32×
0.05×
Q4 24
0.33×
0.05×
Q3 24
0.33×
0.07×
Q2 24
0.11×
0.05×

Cash Flow & Capital Efficiency

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

Metric
JMSB
JMSB
NXPL
NXPL
Operating Cash FlowLast quarter
$-302.0K
Free Cash FlowOCF − Capex
$-339.0K
FCF MarginFCF / Revenue
-2.6%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JMSB
JMSB
NXPL
NXPL
Q1 26
Q4 25
$22.6M
$-302.0K
Q3 25
$1.2M
$-2.7M
Q2 25
$7.5M
$-1.0M
Q1 25
$7.0M
$-2.1M
Q4 24
$17.3M
$-476.0K
Q3 24
$1.4M
$-4.6M
Q2 24
$10.2M
$2.3M
Free Cash Flow
JMSB
JMSB
NXPL
NXPL
Q1 26
Q4 25
$22.0M
$-339.0K
Q3 25
$1.2M
Q2 25
$7.4M
$-1.1M
Q1 25
$6.6M
$-2.1M
Q4 24
$16.8M
$-508.0K
Q3 24
$1.3M
$-4.7M
Q2 24
$10.1M
$2.2M
FCF Margin
JMSB
JMSB
NXPL
NXPL
Q1 26
Q4 25
134.7%
-2.6%
Q3 25
7.3%
Q2 25
47.8%
-8.0%
Q1 25
45.3%
-14.3%
Q4 24
116.9%
-3.1%
Q3 24
9.5%
-30.6%
Q2 24
80.1%
13.2%
Capex Intensity
JMSB
JMSB
NXPL
NXPL
Q1 26
Q4 25
3.4%
0.3%
Q3 25
0.2%
0.0%
Q2 25
1.0%
0.1%
Q1 25
2.3%
0.2%
Q4 24
3.4%
0.2%
Q3 24
0.8%
0.6%
Q2 24
0.4%
0.4%
Cash Conversion
JMSB
JMSB
NXPL
NXPL
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

JMSB
JMSB

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

NXPL
NXPL

Healthcare Operations$9.0M70%
Ecommerce Revenue$3.8M30%

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