Bank Of The James Financial Group Inc
BOTJ Nasdaq State Commercial Banks Financials FY2016–FY2025
Revenue
Total sales reported in the income statement.
$4.3M
6.7%
vs prior year
Efficiency ratio
Noninterest expense as a share of revenue. Lower is better for banks.
878.8%
1.8 pts
Net income
Profit after all expenses, interest and tax.
$9.0M
13.6%
Return on equity
Net income as a share of average shareholders' equity.
12.5%
0.3 pts
Market cap
Last close times the latest diluted share count, so it is approximate.
—
P/E
Last close divided by diluted earnings per share over the last four quarters.
—
On $2.52 EPS (TTM)
What Bank Of The James Financial Group Inc does
No business description yet.
- Legal name
- BANK OF THE JAMES FINANCIAL GROUP INC
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 27, 2026
- Accession · CIK
- 0001275101-26-000010
0001275101
Revenue and margins
Bank Of The James Financial Group Inc had $4.3M of revenue in fiscal 2025, up 6.7% on the year before.
FY16
Revenue $24.0M
FY17
Revenue $1.8M
FY18
Revenue $1.9M
FY19
Revenue $1.8M
FY20
Revenue $2.0M
FY21
Revenue $2.5M
FY22
Revenue $3.6M
FY23
Revenue $3.9M
FY24
Revenue $4.0M
FY25
Revenue $4.3M
Q3 '23
Revenue $1.0M
Q4 '23
Revenue $1.0M
Q1 '24
Revenue $1.0M
Q2 '24
Revenue $1.0M
Q3 '24
Revenue $1.0M
Q4 '24
Revenue $1.1M
Q1 '25
Revenue $1.0M
Q2 '25
Revenue $1.0M
Q3 '25
Revenue $1.0M
Q4 '25
Revenue $1.3M
Q1 '26
Revenue $1.0M
Q2 '26
Revenue $1.1M
FY16
Net interest share 80.0%
Efficiency ratio 73.3%
FY17
Net interest share 1,175.2%
Efficiency ratio 1,082.8%
FY18
Net interest share 1,238.7%
Efficiency ratio 1,125.8%
FY19
Net interest share 1,375.5%
Efficiency ratio 1,360.4%
FY20
Net interest share 1,236.9%
Efficiency ratio 1,347.5%
FY21
Net interest share 1,084.9%
Efficiency ratio 1,175.4%
FY22
Net interest share 827.2%
Efficiency ratio 911.6%
FY23
Net interest share 762.4%
Efficiency ratio 833.3%
FY24
Net interest share 730.4%
Efficiency ratio 877.0%
FY25
Net interest share 767.8%
Efficiency ratio 878.8%
Net interest share
Efficiency ratio
Q3 '23
Net interest share 733.5%
Efficiency ratio 810.8%
Q4 '23
Net interest share 770.5%
Efficiency ratio 877.6%
Q1 '24
Net interest share 729.3%
Efficiency ratio 848.7%
Q2 '24
Net interest share 719.2%
Efficiency ratio 886.3%
Q3 '24
Net interest share 757.7%
Efficiency ratio 885.6%
Q4 '24
Net interest share 716.3%
Efficiency ratio 885.6%
Q1 '25
Net interest share 786.9%
Efficiency ratio 1,001.6%
Q2 '25
Net interest share 846.2%
Efficiency ratio 969.7%
Q3 '25
Net interest share 793.5%
Efficiency ratio 875.7%
Q4 '25
Net interest share 671.8%
Efficiency ratio 716.6%
Q1 '26
Net interest share 878.7%
Efficiency ratio 942.2%
Q2 '26
Net interest share 805.4%
Efficiency ratio 810.4%
Net interest share
Efficiency ratio
Net income and earnings per share
From fiscal 2016 to 2025, diluted EPS grew 11.5% a year. Loss periods are shown in red.
FY16
Net income $3.3M
FY17
Net income $2.9M
FY18
Net income $5.3M
FY19
Net income $5.6M
FY20
Net income $5.0M
FY21
Net income $7.6M
FY22
Net income $9.0M
FY23
Net income $8.7M
FY24
Net income $7.9M
FY25
Net income $9.0M
Q3 '23
Net income $2.1M
Q4 '23
Net income $2.1M
Q1 '24
Net income $2.2M
Q2 '24
Net income $2.1M
Q3 '24
Net income $2.0M
Q4 '24
Net income $1.6M
Q1 '25
Net income $0.8M
Q2 '25
Net income $2.7M
Q3 '25
Net income $2.8M
Q4 '25
Net income $2.7M
Q1 '26
Net income $2.8M
Q2 '26
Net income $3.2M
FY16
Diluted EPS $0.75
FY17
Diluted EPS $0.67
FY18
Diluted EPS $1.21
FY19
Diluted EPS $1.28
FY20
Diluted EPS $1.04
FY21
Diluted EPS $1.60
FY22
Diluted EPS $1.91
FY23
Diluted EPS $1.91
FY24
Diluted EPS $1.75
FY25
Diluted EPS $1.99
Q3 '23
Diluted EPS $0.46
Q4 '23
Diluted EPS $0.46
Q1 '24
Diluted EPS $0.48
Q2 '24
Diluted EPS $0.47
Q3 '24
Diluted EPS $0.44
Q4 '24
Diluted EPS $0.36
Q1 '25
Diluted EPS $0.19
Q2 '25
Diluted EPS $0.60
Q3 '25
Diluted EPS $0.61
Q4 '25
Diluted EPS $0.59
Q1 '26
Diluted EPS $0.61
Q2 '26
Diluted EPS $0.71
Returns and efficiency
For banks, return on equity and the efficiency ratio (costs as a share of revenue) say most about how well the business runs.
FY16
ROE 6.6%
ROTE 6.6%
Efficiency ratio 73.3%
FY17
ROE 5.8%
ROTE 5.7%
Efficiency ratio 1,082.8%
FY18
ROE 9.9%
ROTE 9.6%
Efficiency ratio 1,125.8%
FY19
ROE 9.6%
ROTE 9.1%
Efficiency ratio 1,360.4%
FY20
ROE 7.8%
ROTE 7.5%
Efficiency ratio 1,347.5%
FY21
ROE 11.1%
ROTE 13.1%
Efficiency ratio 1,175.4%
FY22
ROE 15.0%
ROTE 22.2%
Efficiency ratio 911.6%
FY23
ROE 15.8%
ROTE 17.2%
Efficiency ratio 833.3%
FY24
ROE 12.7%
ROTE 14.2%
Efficiency ratio 877.0%
FY25
ROE 12.5%
ROTE 12.6%
Efficiency ratio 878.8%
ROE
ROTE
Efficiency ratio
Dividends, buybacks and share count
Bank Of The James Financial Group Inc returned $1.8M to shareholders in fiscal 2025, 17% of free cash flow. The diluted share count rose 0.0%.
FY16
Dividends $1.1M
Buybacks —
FY17
Dividends $1.1M
Buybacks —
FY18
Dividends $1.1M
Buybacks —
FY19
Dividends $1.2M
Buybacks $0.3M
FY20
Dividends $1.2M
Buybacks $0.3M
FY21
Dividends $1.3M
Buybacks $0.4M
FY22
Dividends $1.4M
Buybacks $1.4M
FY23
Dividends $1.5M
Buybacks $1.0M
FY24
Dividends $1.8M
Buybacks —
FY25
Dividends $1.8M
Buybacks —
Dividends
Buybacks
Q3 '23
Dividends $0.4M
Buybacks $0.0M
Q4 '23
Dividends $0.4M
Buybacks $0.0M
Q1 '24
Dividends $0.5M
Buybacks —
Q2 '24
Dividends $0.5M
Buybacks —
Q3 '24
Dividends $0.5M
Buybacks —
Q4 '24
Dividends $0.5M
Buybacks —
Q1 '25
Dividends $0.5M
Buybacks —
Q2 '25
Dividends $0.5M
Buybacks —
Q3 '25
Dividends $0.5M
Buybacks —
Q4 '25
Dividends $0.5M
Buybacks —
Q1 '26
Dividends $0.5M
Buybacks —
Q2 '26
Dividends $0.5M
Buybacks —
Dividends
Buybacks
FY16
Diluted shares 0.00B
FY17
Diluted shares 0.00B
FY18
Diluted shares 0.00B
FY19
Diluted shares 0.00B
FY20
Diluted shares 0.00B
FY21
Diluted shares 0.00B
FY22
Diluted shares 0.00B
FY23
Diluted shares 0.00B
FY24
Diluted shares 0.00B
FY25
Diluted shares 0.00B
Balance sheet
Loans, deposits and capital at each fiscal year end.
FY16
Loans $464M
Deposits $523M
FY17
Loans $491M
Deposits $567M
FY18
Loans $530M
Deposits $612M
FY19
Loans $573M
Deposits $649M
FY20
Loans $602M
Deposits $765M
FY21
Loans $576M
Deposits $887M
FY22
Loans $605M
Deposits $848M
FY23
Loans $602M
Deposits $878M
FY24
Loans $637M
Deposits $882M
FY25
Loans $661M
Deposits $937M
Loans
Deposits
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Loans, net | $576M | $605M | $602M | $637M | $661M |
| Deposits | $887M | $848M | $878M | $882M | $937M |
| Loans / deposits | 65.0% | 71.4% | 68.5% | 72.1% | 70.6% |
| Total assets | $988M | $929M | $969M | $979M | $1.0B |
| Shareholders' equity | $69.4M | $50.2M | $60.0M | $64.9M | $80.0M |
| Goodwill | $3.0M | $2.1M | $2.1M | $2.1M | $2.1M |
| Intangible assets | $8.4M | $7.8M | $7.3M | $6.7M | $6.2M |
| Provision / loans | −0.1% | −0.1% | −0.0% | −0.1% | −0.0% |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $24.0M | $1.8M | $1.9M | $1.8M | $2.0M | $2.5M | $3.6M | $3.9M | $4.0M | $4.3M |
| Net interest income | $19.2M | $20.7M | $23.2M | $24.6M | $25.1M | $27.1M | $29.7M | $29.7M | $29.2M | $32.8M |
| Noninterest income | $4.8M | $4.7M | $5.2M | $7.2M | $11.0M | $11.2M | $13.2M | $12.9M | $15.1M | $15.9M |
| Noninterest expense | $17.6M | $19.0M | $21.1M | $24.3M | $27.4M | $29.3M | $32.7M | $32.5M | $35.1M | $37.5M |
| Provision for credit losses | $1.6M | $1.0M | $0.7M | $0.5M | $2.5M | −$0.5M | −$0.9M | −$0.2M | −$0.7M | −$0.0M |
| Interest expense | $2.3M | $3.0M | $3.8M | $5.3M | $4.5M | $2.1M | $2.2M | $9.6M | — | — |
| Pretax income | $4.8M | $5.4M | $6.6M | $6.9M | $6.2M | $9.5M | $11.1M | $10.3M | $9.9M | $11.1M |
| Income tax | $1.5M | $2.4M | $1.3M | $1.3M | $1.2M | $1.9M | $2.2M | $1.6M | $2.0M | $2.1M |
| Net income | $3.3M | $2.9M | $5.3M | $5.6M | $5.0M | $7.6M | $9.0M | $8.7M | $7.9M | $9.0M |
| Diluted EPS | $0.75 | $0.67 | $1.21 | $1.28 | $1.04 | $1.60 | $1.91 | $1.91 | $1.75 | $1.99 |
| Diluted shares | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B |
| Cash flow | ||||||||||
| Cash from operations | $2.8M | $6.7M | $8.6M | $5.6M | $5.2M | $16.3M | $9.3M | $9.5M | $8.5M | $11.7M |
| Capital expenditure | $1.7M | $1.9M | $2.3M | $4.4M | $1.8M | $2.9M | $1.2M | $1.6M | $2.6M | $1.2M |
| Free cash flow | $1.1M | $4.8M | $6.3M | $1.2M | $3.4M | $13.4M | $8.1M | $7.9M | $6.0M | $10.5M |
| Depreciation and amortization | $0.8M | $0.8M | $0.9M | $1.7M | $2.0M | $2.1M | $2.0M | $1.4M | $1.4M | $1.3M |
| Stock-based compensation | — | — | — | $0.1M | $0.1M | $0.1M | — | — | — | — |
| Acquisitions | — | — | — | — | — | $10.4M | $0.8M | — | — | — |
| Share buybacks | — | — | — | $0.3M | $0.3M | $0.4M | $1.4M | $1.0M | — | — |
| Dividends paid | $1.1M | $1.1M | $1.1M | $1.2M | $1.2M | $1.3M | $1.4M | $1.5M | $1.8M | $1.8M |
| Dividends and buybacks | $1.1M | $1.1M | $1.1M | $1.5M | $1.5M | $1.7M | $2.8M | $2.5M | $1.8M | $1.8M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $28.7M | $37.0M | $50.3M | $39.1M | $101M | $183M | $61.8M | $74.8M | $73.3M | $84.5M |
| Finance lease liabilities | — | — | — | $4.4M | $4.1M | $3.7M | $3.4M | $3.0M | $2.6M | $2.2M |
| Loans, net | $464M | $491M | $530M | $573M | $602M | $576M | $605M | $602M | $637M | $661M |
| Deposits | $523M | $567M | $612M | $649M | $765M | $887M | $848M | $878M | $882M | $937M |
| Property and equipment, net | $10.9M | $12.1M | $13.4M | $16.7M | $17.0M | $18.4M | $18.0M | $18.1M | $19.3M | $19.1M |
| Goodwill | — | — | — | — | — | $3.0M | $2.1M | $2.1M | $2.1M | $2.1M |
| Intangible assets | — | — | — | — | — | $8.4M | $7.8M | $7.3M | $6.7M | $6.2M |
| Total assets | $574M | $626M | $675M | $725M | $851M | $988M | $929M | $969M | $979M | $1.0B |
| Total liabilities | $525M | $575M | $620M | $664M | $785M | $918M | $878M | $909M | $914M | $959M |
| Shareholders' equity | $49.4M | $51.7M | $55.1M | $61.4M | $66.7M | $69.4M | $50.2M | $60.0M | $64.9M | $80.0M |
| Margins | ||||||||||
| Net margin | 13.7% | 166.1% | 283.4% | 314.0% | 245.0% | 304.0% | 249.5% | 223.1% | 198.5% | 211.1% |
| FCF margin | 4.5% | 272.8% | 335.2% | 66.9% | 169.6% | 538.5% | 226.1% | 203.0% | 148.9% | 245.6% |
| Net interest share of revenue | 80.0% | 1,175.2% | 1,238.7% | 1,375.5% | 1,236.9% | 1,084.9% | 827.2% | 762.4% | 730.4% | 767.8% |
| Efficiency ratio | 73.3% | 1,082.8% | 1,125.8% | 1,360.4% | 1,347.5% | 1,175.4% | 911.6% | 833.3% | 877.0% | 878.8% |
| Returns | ||||||||||
| Return on equity | 6.6% | 5.8% | 9.9% | 9.6% | 7.8% | 11.1% | 15.0% | 15.8% | 12.7% | 12.5% |
| Return on assets | 0.6% | 0.5% | 0.8% | 0.8% | 0.6% | 0.8% | 0.9% | 0.9% | 0.8% | 0.9% |
| Return on tangible equity | 6.6% | 5.7% | 9.6% | 9.1% | 7.5% | 13.1% | 22.2% | 17.2% | 14.2% | 12.6% |
| Growth | ||||||||||
| Revenue growth | — | −92.7% | 6.4% | −4.6% | 13.9% | 22.8% | 43.9% | 8.6% | 2.6% | 6.7% |
| Net income growth | — | −11.1% | 81.5% | 5.7% | −11.2% | 52.4% | 18.1% | −2.8% | −8.7% | 13.6% |
| EPS growth | — | −10.7% | 80.6% | 5.8% | −18.8% | 53.8% | 19.4% | 0.0% | −8.4% | 13.7% |
| FCF growth | — | 345.1% | 30.7% | −81.0% | 188.8% | 289.8% | −39.6% | −2.5% | −24.7% | 76.1% |
| Share count change | — | 0.0% | 0.0% | 0.1% | 9.0% | −0.6% | −1.0% | −2.9% | −0.4% | 0.0% |
| Financial health | ||||||||||
| Loans / deposits | 88.8% | 86.5% | 86.6% | 88.3% | 78.7% | 65.0% | 71.4% | 68.5% | 72.1% | 70.6% |
| Provision / loans | 0.3% | 0.2% | 0.1% | 0.1% | 0.4% | −0.1% | −0.1% | −0.0% | −0.1% | −0.0% |
| Capital allocation | ||||||||||
| Capex / revenue | 7.1% | 109.1% | 123.0% | 246.4% | 86.1% | 116.5% | 33.2% | 40.3% | 63.7% | 27.3% |
| Stock comp / revenue | — | — | — | 5.9% | 5.2% | 4.2% | — | — | — | — |
| Payouts / FCF | 97.4% | 21.9% | 16.7% | 129.1% | 43.2% | 12.6% | 34.1% | 31.0% | 30.5% | 17.3% |
| Quality scores | ||||||||||
| Accruals ratio | 0.1% | −0.6% | −0.5% | 0.0% | −0.0% | −1.0% | −0.0% | −0.1% | −0.1% | −0.3% |
Source: SEC EDGAR XBRL filings (CIK 0001275101). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.