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BOTJ

Bank of the James Financial Group, Inc.

BOTJ

Bank of the James Financial Group, Inc. • NASDAQ
$17.98 ▲ 5.70% (+0.97)
Market Cap $81.69 M
52w High $18.50
52w Low $11.56
Dividend Yield 0.40%
P/E 10.27
Volume 1.05K
Outstanding Shares 4.54M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 ▼ $0 ▼ $0 ▼ 0% ▼ $0.61 ▲ $238K ▼
Q2-2025 $15.45M ▲ $9.192M ▼ $2.704M ▲ 17.502% ▲ $0.6 ▲ $3.876M ▲
Q1-2025 $14.331M ▼ $9.64M ▲ $842K ▼ 5.875% ▼ $0.19 ▼ $1.503M ▼
Q4-2024 $15.248M ▲ $9.299M ▲ $1.618M ▼ 10.611% ▼ $0.36 ▼ $2.616M ▼
Q3-2024 $15.196M $8.586M $1.99M 13.096% $0.44 $2.886M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $0 ▼ $1.02B ▲ $943.153M ▲ $76.972M ▲
Q2-2025 $26.068M ▼ $1.004B ▼ $932.577M ▼ $71.665M ▲
Q1-2025 $31.21M ▼ $1.012B ▲ $943.378M ▲ $68.348M ▲
Q4-2024 $38.673M ▼ $979.244M ▼ $914.379M ▼ $64.865M ▼
Q3-2024 $215.161M $1.008B $939.229M $68.834M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $2.753M ▲ $5.27M ▲ $-6.272M ▲ $8.546M ▲ $7.544M ▲ $6.017M ▲
Q2-2025 $2.704M ▲ $3.653M ▲ $-8.784M ▼ $-11.928M ▼ $-17.059M ▼ $3.528M ▲
Q1-2025 $842K ▼ $763K ▼ $-7.665M ▲ $28.559M ▲ $21.657M ▲ $141K ▼
Q4-2024 $1.618M ▼ $1.886M ▼ $-11.869M ▼ $-25.915M ▼ $-35.898M ▼ $1.545M ▼
Q3-2024 $1.991M $4.97M $7.61M $22M $34.58M $3.353M

Revenue by Products

Product Q1-2025Q2-2025Q3-2025
Community Banking
Community Banking
 $10.00M ▲$10.00M ▲$10.00M ▲
Holding Company
Holding Company
 $0 ▲$0 ▲$0 ▲
Investment Advisory Services
Investment Advisory Services
 $0 ▲$0 ▲$0 ▲
Mortgage
Mortgage
 $0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Over the past several years, Bank of the James has shown modest but fairly steady growth in its core revenue base. Profitability has been consistent rather than spectacular, with operating income and net income holding in a relatively tight range. Earnings per share improved meaningfully coming out of 2020, then essentially plateaued and slipped a bit most recently, which hints at some pressure on margins or higher costs in the current rate and cost environment. Overall, the income statement reflects a traditional community bank: stable revenue, solid but not high-octane profit levels, and limited volatility in results.

Balance Sheet

Balance Sheet The balance sheet has expanded gradually, suggesting controlled growth in lending and assets rather than aggressive balance sheet expansion. Cash remains a relatively small but stable portion of total assets, which is typical for a regional bank relying on loans and securities. Debt levels appear modest compared with overall assets, with equity slowly building over time but not surging. This points to a reasonably conservative capital structure, although the data do not reveal asset quality or credit risk, which remain key unknowns for any bank.

Cash Flow

Cash Flow Cash generation looks steady, with operating cash flow consistently positive and free cash flow also in the black. The business is not capital intensive, so spending on physical assets and infrastructure appears low, which is common for a bank that leans on existing branches and outsourced or off‑the‑shelf technology. The pattern suggests that reported earnings generally translate into real cash, giving management flexibility for dividends, buybacks, or balance sheet strengthening, even though the exact allocation of that cash is not shown here.

Competitive Edge

Competitive Edge Bank of the James competes as a classic community bank with strong local roots in Central Virginia. Its edge comes less from unique products and more from relationships: local decision‑making, direct access to bankers, and a personalized approach to small business and consumer clients. This relationship moat can be quite durable in its footprint, especially against large national banks that may feel more distant. On the other hand, the bank operates in a crowded field of regional and digital-first competitors, so its advantages are strongest close to home and more limited outside its core markets.

Innovation and R&D

Innovation and R&D The bank is not positioning itself as a technology pioneer, but it has adopted the standard set of modern digital tools: online and mobile banking, peer‑to‑peer payments through Zelle, and a range of electronic services for business clients. Its “innovation” is more about packaging these common tools with high‑touch service than about building proprietary platforms. The creation of a Chief Investment Officer role signals more focus on how the bank manages its own balance sheet and investment portfolio rather than on heavy research and development spending. Overall, this is an incremental, service-led innovation approach, not a disruptive tech story.

Summary

Bank of the James presents as a steady, relationship-driven regional bank with modest growth, consistent profitability, and a relatively conservative balance sheet and cash profile. Its main strengths lie in its local franchise, customer loyalty, and predictable financial performance, rather than in rapid expansion or cutting-edge technology. Key uncertainties include how it navigates interest rate cycles, credit quality in its loan book, and intensifying competition from larger and more digital banks. The recent strategic move to sharpen its investment oversight, combined with its enduring community banking model, suggests a focus on gradual optimization rather than transformational change.

NEWS

October 30, 2025 · 4:30 PM UTC

Bank of the James Announces Third Quarter, First Nine Months of 2025 Financial Results

Read more