JMSB Q3 FY2026 earnings: results, stock reaction and implied move

Reported results

Net income (GAAP) for the quarter ended September 30, 2026, was $7.5 million, compared to $5.4 million for the quarter ended September 30, 2025.
Diluted earnings per common share (GAAP) were $0.53 for the quarter ended September 30, 2026, compared to $0.38 for the quarter ended September 30, 2025.
Core net income (Non-GAAP) was $7.8 million for the quarter ended September 30, 2026, representing a 44.4% year-over-year increase compared to $5.4 million for the third quarter of 2025.
Core earnings per common share - diluted (Non-GAAP) was $0.55 for the quarter ended September 30, 2026, compared to $0.38 for the quarter ended September 30, 2025.
Net interest income (GAAP) was $17.8 million for the three months ended September 30, 2026, a 14.0% increase compared to $15.6 million for the prior-year quarter.
Efficiency ratio (GAAP) was 48.1% for the third quarter of 2026 compared to 55.6% for the third quarter of 2025, while core efficiency ratio (Non-GAAP) was 46.2%.

The combined entity following the pending merger with Eagle Financial Services, Inc. is projected to have approximately $4.3 billion in assets and 23 banking offices, with the transaction expected to close during the first quarter of 2027.

The figures above come from the earnings release the company filed with the SEC on 2026-10-28 (8-K, Item 2.02). Read the original filing on sec.gov.