NASDAQ : BOTJ
Bank of the James Financial Group, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 23.67 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 107.54M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 39.11M | 37.25M | 34.51M | 31.38M | 26.18M | 26.53M |
| Interest Income on Investments | 9.92M | 9.40M | 10.14M | 7.98M | 5.68M | 2.65M |
| Total Interest Income | 49.03M | 46.66M | 44.64M | 39.36M | 31.85M | 29.18M |
| Interest Paid on Deposits | 12.11M | 13.23M | 14.63M | 8.78M | 1.29M | 1.67M |
| Interest Paid on Borrowings | 671.00K | 617.00K | 779.00K | 842.00K | 863.00K | 433.00K |
| Total Interest Expense | 12.78M | 13.85M | 15.41M | 9.62M | 2.15M | 2.10M |
| Net Interest Income | 36.25M | 32.81M | 29.24M | 29.74M | 29.70M | 27.08M |
| Trust Income | 5.81M | 5.35M | 4.84M | 4.20M | 3.93M | |
| Gain (Loss) on Sale of Investments | 1.00K | 27.00K | 62.00K | -3.00K | ||
| Other Non-Interest Income | 5.91M | 5.62M | 5.74M | 4.73M | 4.06M | 2.94M |
| Total Non-Interest Income | 16.94M | 15.85M | 15.14M | 12.87M | 13.24M | 11.21M |
| Revenues Before Loan Losses | 53.19M | 48.66M | 44.37M | 42.61M | 42.95M | 38.29M |
| Provision for Loan Losses | 504.00K | -35.00K | -655.00K | -179.00K | -900.00K | -500.00K |
| Revenue | 52.69M | 48.69M | 45.03M | 42.79M | 43.85M | 38.79M |
| Salaries and Employee Benefits | 21.95M | 20.96M | 19.29M | 18.31M | 17.68M | 16.27M |
| Federal Deposit Insurance | 504.00K | 518.00K | 441.00K | 419.00K | 500.00K | 548.00K |
| Amortization of Goodwill & Intangibles | 561.00K | 561.00K | 560.00K | 560.00K | 560.00K | |
| Selling, General & Administrative | 11.70M | 12.85M | 12.30M | 10.98M | 10.86M | 9.80M |
| Other Non-Interest Expense | 2.68M | 2.66M | 2.51M | 2.20M | 2.92M | 2.61M |
| Total Non-Interest Expense | 37.48M | 37.55M | 35.10M | 32.51M | 32.74M | 29.34M |
| EBT Excluding Unusual Items | 15.21M | 11.14M | 9.92M | 10.28M | 11.11M | 9.45M |
| Pretax Income | 15.21M | 11.14M | 9.92M | 10.28M | 11.11M | 9.45M |
| Income Tax Expense | 3.15M | 2.12M | 1.98M | 1.57M | 2.15M | 1.86M |
| Net Income | 12.06M | 9.02M | 7.94M | 8.70M | 8.96M | 7.59M |
| Net Income to Common | 12.06M | 9.02M | 7.94M | 8.70M | 8.96M | 7.59M |
| Basic Shares Outstanding | 4.54M | 4.54M | 4.54M | 4.56M | 4.70M | 4.75M |
| Diluted Shares Outstanding | 4.54M | 4.54M | 4.54M | 4.56M | 4.70M | 4.75M |
| EPS (Basic) | 2.65 | 1.99 | 1.75 | 1.91 | 1.91 | 1.60 |
| EPS (Diluted) | 2.65 | 1.99 | 1.75 | 1.91 | 1.91 | 1.60 |
| Dividend Per Share | 0.10 | 0.40 | 0.40 | 0.34 | 0.29 | 0.27 |
| Effective Tax Rate | 20.70% | 19.05% | 19.94% | 15.32% | 19.36% | 19.70% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 61.76M | 84.47M | 73.31M | 74.84M | 61.76M | 183.15M |
| Investment Securities | 229.07M | 156.68M | 132.55M | 125.05M | 121.58M | 127.48M |
| Trading Asset Securities | 99.00K | |||||
| Mortgage-Backed Securities | 61.04M | 58.97M | 95.08M | 67.84M | 37.44M | |
| Total Investments | 229.07M | 217.82M | 191.52M | 220.13M | 189.43M | 164.92M |
| Gross Loans | 694.03M | 667.81M | 643.60M | 609.33M | 611.62M | 583.38M |
| Allowance for Loan Losses | -6.45M | -7.04M | -7.41M | -6.26M | -6.92M | |
| Net Loans | 694.03M | 661.36M | 636.55M | 601.92M | 605.37M | 576.47M |
| Property, Plant & Equipment | 18.59M | 22.05M | 22.79M | 21.93M | 22.25M | 23.12M |
| Goodwill | 2.05M | 2.05M | 2.05M | 2.05M | 2.05M | 3.00M |
| Other Intangible Assets | 5.74M | 6.16M | 6.72M | 7.29M | 7.84M | 8.41M |
| Loans Held for Sale | 2.67M | 3.47M | 3.62M | 1.26M | 2.42M | 1.63M |
| Accrued Interest Receivable | 3.29M | 3.38M | 3.06M | 2.83M | 2.74M | 2.06M |
| Other Real Estate Owned & Foreclosed | 192.00K | 566.00K | 761.00K | |||
| Other Long-Term Assets | 47.19M | 38.25M | 39.62M | 37.12M | 34.14M | 24.11M |
| Total Assets | 1.06B | 1.04B | 979.24M | 969.37M | 928.57M | 987.63M |
| Interest Bearing Deposits | 813.34M | 757.66M | 708.47M | 709.21M | 675.73M | 705.24M |
| Institutional Deposits | 48.01M | 44.25M | 34.97M | 17.53M | 19.53M | |
| Non-Interest Bearing Deposits | 150.25M | 131.46M | 129.69M | 134.28M | 154.88M | 162.29M |
| Total Deposits | 963.60M | 937.13M | 882.40M | 878.46M | 848.14M | 887.06M |
| Current Portion of Leases | 693.00K | |||||
| Accrued Interest Payable | 1.19M | 1.17M | 722.00K | 480.00K | 89.00K | 46.00K |
| Long-Term Debt | 8.61M | 8.80M | 19.35M | 19.93M | 20.49M | 21.02M |
| Long-Term Leases | 2.66M | 3.93M | 4.21M | 4.65M | 5.07M | |
| Pension & Post-Retirement Benefits | 6.24M | 5.32M | 4.54M | |||
| Other Long-Term Liabilities | 12.74M | 2.29M | 2.66M | 1.71M | 4.97M | 5.02M |
| Total Liabilities | 986.14M | 958.98M | 914.38M | 909.33M | 878.35M | 918.21M |
| Common Stock | 9.72M | 9.72M | 9.72M | 9.72M | 9.90M | 10.14M |
| Additional Paid-In Capital | 35.25M | 35.25M | 35.25M | 35.25M | 36.07M | 37.23M |
| Retained Earnings | 57.98M | 50.01M | 42.80M | 36.68M | 31.03M | 23.44M |
| Comprehensive Income & Other | -24.51M | -14.94M | -22.91M | -21.61M | -26.78M | -1.39M |
| Shareholders' Equity | 78.45M | 80.05M | 64.86M | 60.04M | 50.23M | 69.43M |
| Total Liabilities & Equity | 1.06B | 1.04B | 979.24M | 969.37M | 928.57M | 987.63M |
| Total Debt | 8.61M | 12.15M | 23.28M | 24.15M | 25.14M | 26.09M |
| Net Cash (Debt) | 53.15M | 72.42M | 50.03M | 50.69M | 36.62M | 157.07M |
| Net Cash Per Share | 11.70 | 15.94 | 11.01 | 11.11 | 7.79 | 33.08 |
| Filing Date Shares Outstanding | 4.54M | 4.54M | 4.54M | 4.54M | 4.58M | 4.74M |
| Total Common Shares Outstanding | 4.54M | 4.54M | 4.54M | 4.54M | 4.63M | 4.74M |
| Book Value Per Share | 17.27 | 17.62 | 14.28 | 13.21 | 10.85 | 14.65 |
| Tangible Book Value | 70.65M | 71.83M | 56.09M | 50.70M | 40.33M | 58.02M |
| Tangible Book Value Per Share | 15.55 | 15.81 | 12.34 | 11.16 | 8.71 | 12.24 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 9.02M | 7.94M | 8.70M | 8.96M | 7.59M | |
| Depreciation & Amortization | 2.30M | 2.35M | 2.38M | 2.61M | 2.06M | |
| Other Amortization | 2.00K | 6.00K | 10.00K | 10.00K | 4.00K | |
| Gain (Loss) on Sale of Assets | -28.00K | 26.00K | 177.00K | 87.00K | ||
| Gain (Loss) on Sale of Investments | 184.00K | 509.00K | 1.44M | 511.00K | 516.00K | |
| Provision for Credit Losses | -35.00K | -655.00K | -179.00K | -900.00K | -500.00K | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 5.00M | 2.14M | 5.10M | 4.46M | 13.74M | |
| Accrued Interest Receivable | -315.00K | -230.00K | -99.00K | -672.00K | 286.00K | |
| Change in Other Net Operating Assets | 1.28M | 1.81M | -3.03M | -168.00K | 1.08M | |
| Other Operating Activities | -1.34M | -1.11M | -1.32M | -462.00K | -316.00K | |
| Operating Cash Flow | 11.66M | 8.51M | 9.49M | 9.31M | 16.35M | |
| Capital Expenditures | -1.17M | -2.55M | -1.57M | -1.19M | -2.91M | |
| Sale of Property, Plant and Equipment | 46.00K | 30.00K | ||||
| Cash Acquisitions | -818.00K | -10.40M | ||||
| Investment in Securities | -16.63M | 26.36M | -22.73M | -58.09M | -76.17M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -24.64M | -34.10M | 2.38M | -28.00M | 25.85M | |
| Other Investing Activities | -7.00K | -880.00K | -1.95M | -63.00K | -1.77M | |
| Investing Cash Flow | -42.40M | -11.17M | -23.34M | -88.13M | -65.03M | |
| Long-Term Debt Issued | 10.98M | |||||
| Long-Term Debt Repaid | -11.01M | -992.00K | -944.00K | -889.00K | -414.00K | |
| Total Debt Repaid | -11.01M | -992.00K | -944.00K | -889.00K | -414.00K | |
| Net Debt Issued (Repaid) | -11.01M | -992.00K | -944.00K | -889.00K | 10.57M | |
| Repurchase of Common Stock | -997.00K | -1.40M | -443.00K | |||
| Common Dividends Paid | -1.82M | -1.82M | -1.46M | -1.36M | -1.27M | |
| Net Increase (Decrease) in Deposit Accounts | 54.73M | 3.94M | 30.32M | -38.92M | 122.09M | |
| Financing Cash Flow | 41.90M | 1.14M | 26.92M | -42.57M | 130.95M | |
| Net Cash Flow | 11.17M | -1.53M | 13.08M | -121.39M | 82.27M | |
| Free Cash Flow | 10.49M | 5.96M | 7.92M | 8.12M | 13.44M | |
| Free Cash Flow Margin | 21.55% | 13.23% | 18.51% | 18.52% | 34.65% | |
| Free Cash Flow Per Share | 2.31 | 1.31 | 1.74 | 1.73 | 2.83 | |
| Cash Interest Paid | 13.40M | 15.16M | 9.23M | 2.11M | 2.14M | |
| Cash Income Tax Paid | 2.34M | 1.85M | 1.86M | 2.18M | 2.55M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 109.09M | 84.42M | 72.10M | 55.52M | 55.13M | 73.29M |
| Last Close Price | 23.76 | 18.34 | 15.25 | 11.37 | 10.74 | 13.64 |
| PE Ratio | 9.07 | 9.36 | 9.08 | 6.38 | 6.15 | 9.66 |
| PS Ratio | 2.07 | 1.73 | 1.60 | 1.30 | 1.26 | 1.89 |
| PB Ratio | 1.38 | 1.05 | 1.11 | 0.93 | 1.10 | 1.06 |
| P/FCF Ratio | 9.46 | 8.04 | 12.10 | 7.01 | 6.79 | 5.45 |
| P/OCF Ratio | 8.63 | 7.24 | 8.47 | 5.85 | 5.92 | 4.48 |
| Debt / Equity Ratio | 0.11 | 0.15 | 0.36 | 0.40 | 0.50 | 0.38 |
| Debt / FCF Ratio | 1.16 | 3.91 | 3.05 | 3.10 | 1.94 | |
| Net Debt / Equity Ratio | -0.68 | -0.91 | -0.77 | -0.84 | -0.73 | -2.26 |
| Net Debt / FCF Ratio | -6.90 | -8.40 | -6.40 | -4.51 | -11.69 | |
| Return on Equity (ROE) | 15.52% | 12.45% | 12.72% | 15.79% | 14.97% | 11.15% |
| Return on Assets (ROA) | 1.16% | 0.89% | 0.81% | 0.92% | 0.94% | 0.83% |
| Earnings Yield | 11.02% | 10.69% | 11.02% | 15.68% | 16.25% | 10.36% |
| FCF Yield | 10.57% | 12.43% | 8.27% | 14.26% | 14.73% | 18.34% |
| Dividend Yield | 1.67% | 2.15% | 2.52% | 2.78% | 2.44% | 1.77% |
| Payout Ratio | 15.12% | 20.14% | 22.88% | 16.79% | 15.24% | 16.75% |
| Buyback Yield / Dilution | 0.42% | 2.89% | 1.05% | 0.58% | ||
| Total Shareholder Return | 1.67% | 2.15% | 2.94% | 5.67% | 3.48% | 2.36% |