Bank of the James Financial Group (BOTJ) Financials

$27.11 +0.01 (+0.04%)

Closing price 08/5/2026 04:00 PM Eastern

Extended Trading

$27.11 0.00 (0.00%)

As of 04:01 AM Eastern

Annual Income Statements for Bank of the James Financial Group

This table shows Bank of the James Financial Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	3.69	3.29	2.92	5.30	5.61	4.98	7.59	8.96	8.70	7.94	9.02
Consolidated Net Income / (Loss)	3.69	3.29	2.92	5.30	5.61	4.98	7.59	8.96	8.70	7.94	9.02
Net Income / (Loss) Continuing Operations	3.69	3.29	2.92	5.30	5.61	4.98	7.59	8.96	8.70	7.94	9.02
Total Pre-Tax Income	5.34	4.81	5.36	6.63	6.93	6.18	9.45	11	10	9.92	11
Total Revenue	22	24	25	28	32	36	38	43	43	44	49
Net Interest Income / (Expense)	18	19	21	23	25	25	27	30	30	29	33
Total Interest Income	20	22	24	27	30	30	29	32	39	45	47
Loans and Leases Interest Income	19	20	22	25	28	28	27	26	31	35	37
Investment Securities Interest Income	0.89	1.02	1.37	1.52	1.48	1.47	2.51	4.68	5.03	5.73	5.82
Deposits and Money Market Investments Interest Income	0.01	0.03	0.08	0.23	0.33	0.09	0.03	0.28	0.50	0.78	0.56
Federal Funds Sold and Securities Borrowed Interest Income	0.02	0.03	0.13	0.39	0.45	0.10	0.11	0.72	2.46	3.63	3.02
Total Interest Expense	2.69	2.34	2.99	3.80	5.26	4.54	2.10	2.15	9.62	15	14
Deposits Interest Expense	2.06	2.33	2.79	3.58	4.99	4.15	1.67	1.29	8.87	15	13
Long-Term Debt Interest Expense	0.63	0.01	0.19	0.22	0.20	0.27	0.33	0.77	0.76	0.70	0.55
Total Non-Interest Income	4.19	4.80	4.73	5.24	7.19	11	11	13	13	15	16
Other Service Charges	1.60	1.58	1.84	1.98	1.86	2.08	2.51	3.61	4.18	5.02	4.86
Net Realized & Unrealized Capital Gains on Investments	2.33	2.93	2.55	2.92	4.65	8.46	8.27	5.25	3.94	4.56	4.88
Investment Banking Income	-	-	-	-	-	-	0.00	3.93	4.20	4.84	5.35
Other Non-Interest Income	0.27	0.29	0.35	0.34	0.68	0.44	0.43	0.45	0.55	0.72	0.77
Provision for Credit Losses	0.28	1.61	0.99	0.72	0.52	2.55	-0.50	-0.90	-0.18	-0.66	-0.04
Total Non-Interest Expense	16	18	19	21	24	27	29	33	33	35	38
Salaries and Employee Benefits	8.73	9.23	10	11	13	15	16	18	18	19	21
Net Occupancy & Equipment Expense	2.48	2.60	3.01	3.12	3.76	3.99	4.20	4.37	4.24	4.46	4.90
Marketing Expense	0.47	0.69	0.74	0.61	0.87	0.67	0.93	0.92	0.92	0.77	0.87
Property & Liability Insurance Claims	0.33	0.36	0.38	0.40	0.23	0.34	0.55	0.50	0.42	0.44	0.52
Other Operating Expenses	4.18	4.72	4.91	5.65	6.34	6.97	7.28	8.71	8.06	9.66	9.81
Amortization Expense	-	-	-	-	-	-	0.00	0.56	0.56	0.56	0.56
Income Tax Expense	1.65	1.53	2.44	1.33	1.33	1.20	1.86	2.15	1.58	1.98	2.12
Basic Earnings per Share	$1.07	$0.75	$0.67	$1.21	$1.28	$1.04	$1.60	$1.91	$1.91	$1.75	$1.99
Weighted Average Basic Shares Outstanding	3.45M	4.38M	4.38M	4.38M	4.38M	4.78M	4.75M	4.70M	4.56M	4.54M	4.54M
Diluted Earnings per Share	$1.07	$0.75	$0.67	$1.21	$1.28	$1.04	$1.60	$1.91	$1.91	$1.75	$1.99
Weighted Average Diluted Shares Outstanding	3.45M	4.38M	4.38M	4.38M	4.38M	4.78M	4.75M	4.70M	4.56M	4.54M	4.54M
Weighted Average Basic & Diluted Shares Outstanding	3.45M	4.38M	4.38M	4.38M	4.34M	4.32M	4.74M	4.58M	-	4.54M	4.54M
Cash Dividends to Common per Share	$0.22	$0.24	$0.24	$0.24	$0.28	$0.28	$0.28	$0.29	$0.32	$0.40	$0.40

This table shows Bank of the James Financial Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	2.08	2.11	2.19	2.15	1.99	1.62	0.84	2.70	2.75	2.72	2.77
Consolidated Net Income / (Loss)	2.08	2.11	2.19	2.15	1.99	1.62	0.84	2.70	2.75	2.72	2.77
Net Income / (Loss) Continuing Operations	2.08	2.11	2.19	2.15	1.99	1.62	0.84	2.70	2.75	2.72	2.77
Total Pre-Tax Income	2.59	2.05	2.72	2.67	2.46	2.07	1.04	3.40	3.22	3.49	3.48
Total Revenue	11	11	10	11	11	12	11	12	12	13	13
Net Interest Income / (Expense)	7.36	7.39	6.95	7.09	7.51	7.69	7.72	8.25	8.30	8.54	8.73
Total Interest Income	10	11	11	11	12	12	11	12	12	12	12
Loans and Leases Interest Income	7.99	8.13	8.02	8.35	9.00	9.13	8.91	9.34	9.49	9.52	9.43
Investment Securities Interest Income	1.21	1.43	1.60	1.56	1.28	1.30	1.32	1.45	1.47	1.58	1.70
Deposits and Money Market Investments Interest Income	0.13	0.12	0.13	0.19	0.30	0.15	0.12	0.13	0.15	0.16	0.10
Federal Funds Sold and Securities Borrowed Interest Income	0.81	0.86	0.75	0.83	0.98	1.06	0.89	0.72	0.66	0.76	0.62
Total Interest Expense	2.78	3.15	3.56	3.84	4.05	3.95	3.52	3.39	3.47	3.47	3.12
Deposits Interest Expense	2.58	3.01	3.37	3.65	3.86	3.75	3.34	3.22	3.39	3.28	3.00
Long-Term Debt Interest Expense	0.18	0.18	0.17	0.18	0.17	0.18	0.17	0.17	0.07	0.15	0.12
Total Non-Interest Income	3.20	3.18	3.31	4.19	3.82	3.82	3.28	4.08	4.17	4.33	3.96
Other Service Charges	1.02	1.06	1.06	1.52	1.02	1.42	1.00	1.00	1.34	1.51	1.01
Net Realized & Unrealized Capital Gains on Investments	0.99	0.87	0.93	1.31	1.37	0.95	0.84	1.59	1.27	1.19	1.20
Investment Banking Income	1.05	1.10	1.16	1.18	1.24	1.26	1.26	1.30	1.36	1.43	1.41
Other Non-Interest Income	0.14	0.14	0.16	0.18	0.19	0.19	0.19	0.19	0.20	0.20	0.34
Provision for Credit Losses	-0.16	0.10	-0.55	-0.12	0.09	-0.07	0.14	-0.53	0.09	0.27	-0.15
Total Non-Interest Expense	8.14	8.42	8.09	8.74	8.78	9.50	9.83	9.46	9.16	9.11	9.37
Salaries and Employee Benefits	4.68	5.02	4.45	4.89	4.92	5.04	4.78	5.36	5.52	5.31	5.50
Net Occupancy & Equipment Expense	0.96	1.03	1.10	1.12	1.15	1.09	1.24	1.15	1.22	1.29	1.36
Marketing Expense	0.20	0.24	0.03	0.23	0.22	0.29	0.20	0.24	0.25	0.18	0.19
Property & Liability Insurance Claims	0.13	0.10	0.11	0.13	0.09	0.11	0.14	0.12	0.13	0.12	0.14
Other Operating Expenses	2.14	1.87	2.28	2.25	2.27	2.85	3.33	2.45	1.92	2.11	2.05
Amortization Expense	0.05	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14
Income Tax Expense	0.51	-0.06	0.54	0.52	0.47	0.45	0.20	0.69	0.47	0.77	0.71
Basic Earnings per Share	$0.46	$0.46	$0.48	$0.47	$0.44	$0.36	$0.19	$0.60	$0.61	$0.59	$0.61
Weighted Average Basic Shares Outstanding	4.54M	4.56M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M
Diluted Earnings per Share	$0.46	$0.46	$0.48	-	$0.44	-	$0.19	-	$0.61	-	$0.61
Weighted Average Diluted Shares Outstanding	4.54M	4.56M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M
Weighted Average Basic & Diluted Shares Outstanding	4.54M	0.00	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M
Cash Dividends to Common per Share	$0.08	$0.08	$0.10	$0.10	$0.10	$0.10	$0.10	$0.10	$0.10	$0.10	$0.10

This table details how cash moves in and out of Bank of the James Financial Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	16	0.03	8.34	13	-11	62	82	-121	13	-1.53	11
Net Cash From Operating Activities	3.35	2.79	6.72	8.57	5.59	5.20	16	9.31	9.49	8.51	12
Net Cash From Continuing Operating Activities	3.35	2.79	6.72	8.57	5.59	5.20	16	9.31	9.49	8.51	12
Net Income / (Loss) Continuing Operations	3.69	3.29	2.92	5.30	5.61	4.98	7.59	8.96	8.70	7.94	9.02
Consolidated Net Income / (Loss)	3.69	3.29	2.92	5.30	5.61	4.98	7.59	8.96	8.70	7.94	9.02
Provision For Loan Losses	0.28	1.61	0.99	0.72	0.52	2.55	-0.50	-0.90	-0.18	-0.66	-0.04
Depreciation Expense	0.77	0.77	0.81	0.93	1.67	2.03	2.06	2.05	1.41	1.38	1.33
Amortization Expense	0.11	0.28	0.39	0.41	0.40	0.41	0.52	1.08	2.01	1.14	0.77
Non-Cash Adjustments to Reconcile Net Income	-1.13	-3.07	1.57	0.71	-3.23	-4.29	5.35	-1.08	0.29	-3.14	-0.68
Changes in Operating Assets and Liabilities, net	-0.37	-0.09	0.03	0.51	0.63	-0.48	1.33	-0.80	-2.74	1.85	1.25
Net Cash From Investing Activities	-50	-47	-47	-39	-53	-62	-65	-88	-23	-11	-42
Net Cash From Continuing Investing Activities	-50	-47	-47	-39	-53	-62	-65	-88	-23	-11	-42
Purchase of Property, Leasehold Improvements and Equipment	-1.54	-1.71	-1.96	-2.30	-4.40	-1.75	-2.91	-1.19	-1.57	-2.55	-1.17
Purchase of Investment Securities	-65	-80	-58	-42	-62	-85	-71	-106	-37	-56	-69
Sale of Property, Leasehold Improvements and Equipment	-	-	-	-	-	-	0.00	0.03	-	0.00	0.05
Sale and/or Maturity of Investments	16	35	14	5.09	13	24	8.73	19	15	47	28
Net Cash From Financing Activities	63	44	48	44	36	119	131	-43	27	1.14	42
Net Cash From Continuing Financing Activities	63	44	48	44	36	119	131	-43	27	1.14	42
Net Change in Deposits	68	56	44	45	37	116	122	-39	30	3.95	55
Repayment of Debt	-12	-10	-	-	0.00	-5.41	-0.41	-0.89	-0.94	-0.99	-11
Payment of Dividends	-0.80	-1.05	-1.05	-1.05	-1.23	-1.22	-1.27	-1.37	-1.46	-1.82	-1.82
Cash Interest Paid	2.69	2.32	2.97	3.78	5.22	4.63	2.14	2.11	9.23	15	13
Cash Income Taxes Paid	1.88	2.10	1.83	1.28	0.12	1.59	2.55	2.18	1.87	1.85	2.34

This table details how cash moves in and out of Bank of the James Financial Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	26	-25	13	-13	35	-36	22	-17	7.54	-0.98	3.52
Net Cash From Operating Activities	3.37	3.52	-1.23	2.88	4.97	1.89	0.76	3.65	5.27	1.97	4.74
Net Cash From Continuing Operating Activities	3.37	3.52	-1.23	2.88	4.97	1.89	0.76	3.65	5.27	1.97	4.74
Net Income / (Loss) Continuing Operations	2.08	2.11	2.19	2.15	1.99	1.62	0.84	2.70	2.75	2.72	2.77
Consolidated Net Income / (Loss)	2.08	2.11	2.19	2.15	1.99	1.62	0.84	2.70	2.75	2.72	2.77
Provision For Loan Losses	-0.16	0.10	-0.55	-0.12	0.09	-0.07	0.14	-0.53	0.09	0.27	-0.15
Depreciation Expense	0.36	0.33	0.34	0.35	0.28	0.41	0.32	0.34	0.33	0.34	0.35
Amortization Expense	-0.73	2.16	0.25	0.32	0.37	0.21	0.23	0.19	0.19	0.17	0.14
Non-Cash Adjustments to Reconcile Net Income	2.70	1.57	-3.54	-0.42	1.37	-0.55	-1.31	0.32	0.21	0.10	0.39
Changes in Operating Assets and Liabilities, net	-0.87	-2.74	0.09	0.61	0.87	0.27	0.54	0.62	1.70	-1.61	1.24
Net Cash From Investing Activities	10	-26	0.12	-7.04	7.61	-12	-7.67	-8.78	-6.27	-20	-20
Net Cash From Continuing Investing Activities	10	-26	0.12	-7.04	7.61	-12	-7.67	-8.78	-6.27	-20	-20
Purchase of Property, Leasehold Improvements and Equipment	-1.17	-0.10	-0.48	-0.11	-1.62	-0.34	-0.62	-0.13	0.22	-0.63	-0.38
Purchase of Investment Securities	6.85	-32	-7.46	-19	-14	-15	-22	-8.86	-15	-23	-21
Sale and/or Maturity of Investments	4.43	5.73	8.06	12	24	3.60	15	0.20	8.10	4.23	1.69
Net Cash From Financing Activities	13	-2.35	14	-9.29	22	-26	29	-12	8.55	17	19
Net Cash From Continuing Financing Activities	13	-2.35	14	-9.29	22	-26	29	-12	8.55	17	19
Net Change in Deposits	13	-1.74	15	-8.59	23	-25	29	-1.16	9.27	17	19
Repayment of Debt	-0.24	-0.24	-0.24	-0.24	-0.25	-0.26	-0.27	-10	-0.27	-0.15	-0.18
Payment of Dividends	-0.37	-0.36	-0.45	-0.46	-0.45	-0.45	-0.46	-0.46	-0.45	-0.45	-0.46
Cash Interest Paid	2.67	3.05	3.54	3.79	3.85	3.99	3.55	3.22	3.04	3.60	3.16

This table presents Bank of the James Financial Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	527	574	626	675	725	851	988	929	969	979	1,039
Cash and Due from Banks	16	17	20	27	31	32	29	30	26	23	29
Federal Funds Sold	13	12	17	24	8.32	69	154	32	49	50	56
Trading Account Securities	39	44	61	56	63	94	165	189	220	192	218
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	605	602	637	661
Loans Held for Sale	432	468	494	532	577	609	578	2.42	1.26	3.62	3.47
Premises and Equipment, Net	10	11	12	13	17	17	18	18	18	19	19
Goodwill	-	-	-	-	-	-	3.00	2.05	2.05	2.05	2.05
Intangible Assets	-	-	-	-	-	-	8.41	7.85	7.29	6.73	6.16
Other Assets	18	22	23	23	29	31	32	42	44	46	45
Total Liabilities & Shareholders' Equity	527	574	626	675	725	851	988	929	969	979	1,039
Total Liabilities	479	525	575	620	664	785	918	878	909	914	959
Non-Interest Bearing Deposits	91	62	74	91	94	143	162	155	134	130	131
Interest Bearing Deposits	376	461	493	521	556	622	725	693	744	753	806
Accrued Interest Payable	0.06	0.09	0.11	0.13	0.17	0.09	0.05	0.09	0.48	0.72	1.17
Long-Term Debt	10	-	5.00	5.00	5.00	10	21	20	20	19	8.80
Other Long-Term Liabilities	1.28	1.57	2.07	2.58	9.32	9.58	10	9.62	10	12	12
Total Equity & Noncontrolling Interests	48	49	52	55	61	67	69	50	60	65	80
Total Preferred & Common Equity	48	49	52	55	61	67	69	50	60	65	80
Total Common Equity	48	49	52	55	61	67	69	50	60	65	80
Common Stock	41	41	41	41	41	40	47	46	45	45	45
Retained Earnings	7.92	10	12	17	21	25	23	31	37	43	50
Accumulated Other Comprehensive Income / (Loss)	-0.59	-1.60	-1.47	-2.24	-0.01	1.79	-1.39	-27	-22	-23	-15

This table presents Bank of the James Financial Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	961	985	978	1,008	1,012	1,004	1,020	1,061
Cash and Due from Banks	20	25	23	23	26	23	28	25
Federal Funds Sold	79	63	52	87	69	55	57	63
Trading Account Securities	186	218	210	196	196	200	206	248
Loans and Leases, Net of Allowance	600	601	616	627	642	649	653	649
Loans Held for Sale	3.33	4.64	4.84	3.24	4.74	4.23	3.77	2.88
Premises and Equipment, Net	18	18	18	19	19	19	19	19
Goodwill	2.05	2.05	2.05	2.05	2.05	2.05	2.05	2.05
Intangible Assets	7.43	7.15	7.01	6.87	6.59	6.45	6.31	6.02
Other Assets	45	45	46	44	45	45	44	46
Total Liabilities & Shareholders' Equity	961	985	978	1,008	1,012	1,004	1,020	1,061
Total Liabilities	911	924	916	939	943	933	943	980
Non-Interest Bearing Deposits	155	144	136	132	139	138	133	145
Interest Bearing Deposits	726	750	749	775	773	773	787	812
Accrued Interest Payable	0.38	0.52	0.55	0.76	0.69	0.86	1.29	1.13
Long-Term Debt	20	20	20	19	19	8.99	8.84	8.73
Other Long-Term Liabilities	10	11	11	11	12	12	13	13
Total Equity & Noncontrolling Interests	50	60	62	69	68	72	77	81
Total Preferred & Common Equity	50	60	62	69	68	72	77	81
Total Common Equity	50	60	62	69	68	72	77	81
Common Stock	45	45	45	45	45	45	45	45
Retained Earnings	35	38	40	42	43	45	48	52
Accumulated Other Comprehensive Income / (Loss)	-30	-23	-23	-18	-20	-19	-16	-16

This table displays calculated financial ratios and metrics derived from Bank of the James Financial Group's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	3,371,616.00	4,378,436.00	4,378,436.00	4,378,436.00	4,372,436.00	4,339,436.00	4,740,657.00	4,628,657.00	4,543,338.00	4,543,338.00	4,543,338.00
DEI Adjusted Shares Outstanding	3,708,778.00	4,816,280.00	4,816,280.00	4,816,280.00	4,809,680.00	4,773,380.00	4,740,657.00	4,628,657.00	4,543,338.00	4,543,338.00	4,543,338.00
DEI Earnings Per Adjusted Shares Outstanding	1.00	0.68	0.61	1.10	1.17	1.04	1.60	1.94	1.92	1.75	1.99
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	9.07%	10.16%	5.75%	11.86%	11.72%	13.80%	6.00%	12.17%	-0.79%	4.14%	9.66%
EBITDA Growth	9.24%	-5.85%	11.97%	21.61%	12.84%	-4.26%	39.64%	18.35%	-3.80%	-9.19%	6.50%
EBIT Growth	13.66%	-9.92%	11.37%	23.71%	4.57%	-10.89%	52.95%	17.55%	-7.48%	-3.46%	12.31%
NOPAT Growth	8.17%	-11.00%	-11.08%	81.45%	5.71%	-11.15%	52.39%	18.05%	-2.85%	-8.73%	13.57%
Net Income Growth	8.17%	-11.00%	-11.08%	81.45%	5.71%	-11.15%	52.39%	18.05%	-2.85%	-8.73%	13.57%
EPS Growth	5.94%	-29.91%	-10.67%	80.60%	5.79%	-11.15%	53.85%	19.38%	0.00%	-8.38%	13.71%
Operating Cash Flow Growth	-40.50%	-16.79%	141.18%	27.63%	-34.77%	-7.03%	214.46%	-43.04%	1.93%	-10.36%	37.03%
Free Cash Flow Firm Growth	119.60%	430.85%	-135.83%	142.20%	-138.21%	-665.28%	-14.30%	570.46%	-101.91%	776.78%	18.61%
Invested Capital Growth	2.50%	-15.08%	14.66%	6.14%	10.48%	15.52%	17.83%	-21.81%	13.08%	5.30%	5.50%
Revenue Q/Q Growth	1.43%	2.33%	2.57%	2.11%	2.96%	4.55%	-0.32%	3.15%	-1.04%	2.15%	2.88%
EBITDA Q/Q Growth	-4.62%	-13.48%	29.61%	3.44%	4.71%	1.42%	3.66%	4.21%	6.25%	-12.98%	10.94%
EBIT Q/Q Growth	-5.15%	-13.01%	29.69%	3.58%	-0.37%	4.71%	1.97%	0.96%	-3.24%	0.19%	14.59%
NOPAT Q/Q Growth	-3.30%	-13.93%	2.35%	26.63%	0.81%	3.97%	2.00%	1.07%	1.80%	-5.80%	13.96%
Net Income Q/Q Growth	-3.30%	-13.93%	2.35%	26.63%	0.81%	3.97%	2.00%	1.07%	1.80%	-5.80%	13.96%
EPS Q/Q Growth	-4.46%	-17.58%	3.08%	24.74%	1.59%	3.97%	3.90%	1.60%	1.60%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	21.36%	-53.07%	12.63%	37.43%	-0.97%	195.40%	8.96%	-27.14%	-4.30%	-16.13%	0.76%
Free Cash Flow Firm Q/Q Growth	8.40%	31,025.64%	-47.91%	-36.27%	70.49%	-7.13%	-241.30%	52.37%	-107.47%	138.20%	-57.91%
Invested Capital Q/Q Growth	23.41%	-3.12%	-0.22%	3.49%	0.61%	1.25%	14.58%	2.53%	13.92%	-4.65%	3.54%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	28.53%	24.38%	25.82%	28.07%	28.35%	23.85%	31.42%	33.15%	32.15%	28.03%	27.22%
EBIT Margin	24.50%	20.04%	21.10%	23.34%	21.85%	17.11%	24.68%	25.87%	24.13%	22.36%	22.90%
Profit (Net Income) Margin	16.93%	13.68%	11.50%	18.66%	17.66%	13.79%	19.82%	20.86%	20.43%	17.90%	18.54%
Tax Burden Percent	69.10%	68.27%	54.51%	79.96%	80.83%	80.60%	80.30%	80.64%	84.68%	80.06%	80.95%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	30.90%	31.73%	45.49%	20.04%	19.17%	19.40%	19.70%	19.36%	15.32%	19.94%	19.05%
Return on Invested Capital (ROIC)	6.42%	6.11%	5.51%	9.08%	8.86%	6.96%	9.08%	11.12%	11.55%	9.68%	10.43%
ROIC Less NNEP Spread (ROIC-NNEP)	6.42%	6.11%	5.51%	9.08%	8.86%	6.96%	9.08%	11.12%	11.55%	9.68%	10.43%
Return on Net Nonoperating Assets (RNNOA)	2.48%	0.63%	0.27%	0.85%	0.76%	0.82%	2.07%	3.86%	4.24%	3.04%	2.03%
Return on Equity (ROE)	8.90%	6.73%	5.78%	9.93%	9.62%	7.77%	11.15%	14.97%	15.79%	12.72%	12.45%
Cash Return on Invested Capital (CROIC)	3.95%	22.41%	-8.15%	3.12%	-1.10%	-7.45%	-7.29%	35.60%	-0.73%	4.51%	5.07%
Operating Return on Assets (OROA)	1.08%	0.87%	0.89%	1.02%	0.99%	0.78%	1.03%	1.16%	1.08%	1.02%	1.10%
Return on Assets (ROA)	0.75%	0.60%	0.49%	0.81%	0.80%	0.63%	0.83%	0.94%	0.92%	0.82%	0.89%
Return on Common Equity (ROCE)	8.90%	6.73%	5.78%	9.93%	9.62%	7.77%	11.15%	14.97%	15.79%	12.72%	12.45%
Return on Equity Simple (ROE_SIMPLE)	7.66%	6.65%	5.66%	9.62%	9.12%	7.46%	10.93%	17.84%	14.50%	12.25%	11.27%
Net Operating Profit after Tax (NOPAT)	3.69	3.29	2.92	5.30	5.61	4.98	7.59	8.96	8.70	7.94	9.02
NOPAT Margin	16.93%	13.68%	11.50%	18.66%	17.66%	13.79%	19.82%	20.86%	20.43%	17.90%	18.54%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	53.53%	52.10%	54.20%	52.84%	55.83%	55.60%	56.18%	53.48%	55.07%	55.27%	54.93%
Operating Expenses to Revenue	74.20%	73.25%	74.99%	74.14%	76.51%	75.84%	76.62%	76.23%	76.30%	79.11%	77.17%
Earnings before Interest and Taxes (EBIT)	5.34	4.81	5.36	6.63	6.93	6.18	9.45	11	10	9.92	11
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	6.22	5.86	6.56	7.97	9.00	8.62	12	14	14	12	13
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.72	1.09	1.04	0.86	0.93	0.69	0.94	1.00	0.87	1.08	1.05
Price to Tangible Book Value (P/TBV)	0.72	1.09	1.04	0.86	0.93	0.69	1.12	1.24	1.03	1.25	1.17
Price to Revenue (P/Rev)	1.59	2.24	2.12	1.68	1.79	1.27	1.70	1.17	1.22	1.57	1.73
Price to Earnings (P/E)	9.38	16.37	18.41	8.98	10.16	9.23	8.59	5.60	5.98	8.79	9.31
Dividend Yield	2.14%	1.95%	1.95%	2.21%	1.69%	2.64%	1.94%	2.68%	2.79%	2.60%	2.16%
Earnings Yield	10.66%	6.11%	5.43%	11.14%	9.84%	10.84%	11.64%	17.87%	16.72%	11.38%	10.74%
Enterprise Value to Invested Capital (EV/IC)	0.27	0.51	0.38	0.04	0.34	0.00	0.00	0.13	0.00	0.19	0.09
Enterprise Value to Revenue (EV/Rev)	0.73	1.05	0.86	0.08	0.72	0.00	0.00	0.21	0.00	0.36	0.17
Enterprise Value to EBITDA (EV/EBITDA)	2.57	4.29	3.32	0.29	2.54	0.00	0.00	0.62	0.00	1.28	0.63
Enterprise Value to EBIT (EV/EBIT)	2.99	5.22	4.06	0.34	3.29	0.00	0.00	0.80	0.00	1.60	0.75
Enterprise Value to NOPAT (EV/NOPAT)	4.33	7.64	7.45	0.43	4.07	0.00	0.00	0.99	0.00	2.00	0.92
Enterprise Value to Operating Cash Flow (EV/OCF)	4.78	9.02	3.24	0.27	4.08	0.00	0.00	0.95	0.00	1.86	0.71
Enterprise Value to Free Cash Flow (EV/FCFF)	7.04	2.08	0.00	1.25	0.00	0.00	0.00	0.31	0.00	4.29	1.90
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.21	0.00	0.10	0.09	0.08	0.15	0.30	0.41	0.33	0.30	0.11
Long-Term Debt to Equity	0.21	0.00	0.10	0.09	0.08	0.15	0.30	0.41	0.33	0.30	0.11
Financial Leverage	0.39	0.10	0.05	0.09	0.09	0.12	0.23	0.35	0.37	0.31	0.19
Leverage Ratio	11.91	11.28	11.88	12.18	12.01	12.30	13.51	16.01	17.21	15.60	13.93
Compound Leverage Factor	11.91	11.28	11.88	12.18	12.01	12.30	13.51	16.01	17.21	15.60	13.93
Debt to Total Capital	17.18%	0.00%	8.82%	8.31%	7.53%	13.06%	23.24%	28.98%	24.92%	22.98%	9.90%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	17.18%	0.00%	8.82%	8.31%	7.53%	13.06%	23.24%	28.98%	24.92%	22.98%	9.90%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	82.82%	100.00%	91.18%	91.69%	92.48%	86.94%	76.76%	71.02%	75.08%	77.02%	90.10%
Debt to EBITDA	1.61	0.00	0.76	0.63	0.56	1.16	1.75	1.44	1.46	1.56	0.66
Net Debt to EBITDA	-3.00	0.00	-4.88	-5.68	-3.79	-10.55	-13.48	-2.90	-4.01	-4.34	-5.71
Long-Term Debt to EBITDA	1.61	0.00	0.76	0.63	0.56	1.16	1.75	1.44	1.46	1.56	0.66
Debt to NOPAT	2.71	0.00	1.71	0.94	0.89	2.01	2.77	2.29	2.29	2.44	0.98
Net Debt to NOPAT	-5.05	0.00	-10.96	-8.55	-6.09	-18.24	-21.36	-4.61	-6.31	-6.79	-8.39
Long-Term Debt to NOPAT	2.71	0.00	1.71	0.94	0.89	2.01	2.77	2.29	2.29	2.44	0.98
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	2.27	12	-4.32	1.82	-0.70	-5.33	-6.10	29	-0.55	3.70	4.39
Operating Cash Flow to CapEx	217.76%	163.15%	342.88%	372.58%	127.15%	296.92%	562.01%	802.07%	603.05%	333.69%	1,042.00%
Free Cash Flow to Firm to Interest Expense	0.84	5.15	-1.44	0.48	-0.13	-1.17	-2.90	13.34	-0.06	0.24	0.32
Operating Cash Flow to Interest Expense	1.24	1.19	2.24	2.26	1.06	1.15	7.78	4.33	0.99	0.55	0.84
Operating Cash Flow Less CapEx to Interest Expense	0.67	0.46	1.59	1.65	0.23	0.76	6.39	3.79	0.82	0.39	0.76
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.05	0.05	0.04	0.04	0.04	0.05	0.05
Fixed Asset Turnover	2.26	2.29	2.21	2.23	2.11	2.15	2.17	2.36	2.36	2.37	2.53
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	58	49	57	60	66	77	90	71	80	84	89
Invested Capital Turnover	0.38	0.45	0.48	0.49	0.50	0.50	0.46	0.53	0.57	0.54	0.56
Increase / (Decrease) in Invested Capital	1.42	-8.78	7.24	3.48	6.30	10	14	-20	9.25	4.24	4.63
Enterprise Value (EV)	16	25	22	2.28	23	-45	-97	8.87	-2.85	16	8.33
Market Capitalization	35	54	54	48	57	46	65	50	52	70	84
Book Value per Share	$14.29	$11.29	$11.80	$12.59	$14.05	$15.38	$14.65	$10.85	$13.21	$14.28	$17.62
Tangible Book Value per Share	$14.29	$11.29	$11.80	$12.59	$14.05	$15.38	$12.24	$8.71	$11.16	$12.34	$15.81
Total Capital	58	49	57	60	66	77	90	71	80	84	89
Total Debt	10	0.00	5.00	5.00	5.00	10	21	20	20	19	8.80
Total Long-Term Debt	10	0.00	5.00	5.00	5.00	10	21	20	20	19	8.80
Net Debt	-19	-29	-32	-45	-34	-91	-162	-41	-55	-54	-76
Capital Expenditures (CapEx)	1.54	1.71	1.96	2.30	4.40	1.75	2.91	1.16	1.57	2.55	1.12
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	10	0.00	5.00	5.00	5.00	10	21	20	20	19	8.80
Total Depreciation and Amortization (D&A)	0.88	1.04	1.20	1.34	2.06	2.44	2.58	3.13	3.42	2.52	2.10
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.97	$0.68	$0.61	$1.10	$1.16	$1.05	$1.60	$1.91	$1.91	$1.75	$1.99
Adjusted Weighted Average Basic Shares Outstanding	3.80M	4.82M	4.82M	4.82M	4.81M	4.78M	4.75M	4.70M	4.56M	4.54M	4.54M
Adjusted Diluted Earnings per Share	$0.97	$0.68	$0.61	$1.10	$1.16	$1.05	$1.60	$1.91	$1.91	$1.75	$1.99
Adjusted Weighted Average Diluted Shares Outstanding	3.80M	4.82M	4.82M	4.82M	4.82M	4.78M	4.75M	4.70M	4.56M	4.54M	4.54M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$1.16	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	4.82M	4.82M	4.82M	4.82M	4.77M	4.76M	4.74M	4.58M	0.00	4.54M	4.54M
Normalized Net Operating Profit after Tax (NOPAT)	3.69	3.29	2.92	5.30	5.61	4.98	7.59	8.96	8.70	7.94	9.02
Normalized NOPAT Margin	16.93%	13.68%	11.50%	18.66%	17.66%	13.79%	19.82%	20.86%	20.43%	17.90%	18.54%
Pre Tax Income Margin	24.50%	20.04%	21.10%	23.34%	21.85%	17.11%	24.68%	25.87%	24.13%	22.36%	22.90%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.99	2.05	1.79	1.75	1.32	1.36	4.50	5.17	1.07	0.64	0.80
NOPAT to Interest Expense	1.37	1.40	0.98	1.40	1.06	1.10	3.61	4.17	0.90	0.52	0.65
EBIT Less CapEx to Interest Expense	1.41	1.33	1.14	1.14	0.48	0.98	3.11	4.63	0.90	0.48	0.72
NOPAT Less CapEx to Interest Expense	0.80	0.67	0.32	0.79	0.23	0.71	2.23	3.63	0.74	0.35	0.57
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	21.75%	31.95%	35.93%	19.80%	21.87%	24.40%	16.75%	15.24%	16.79%	22.89%	20.14%
Augmented Payout Ratio	21.75%	31.95%	35.93%	19.80%	27.49%	29.92%	22.37%	30.89%	28.24%	22.89%	20.14%

This table displays calculated financial ratios and metrics derived from Bank of the James Financial Group's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	4,543,338.00	4,543,338.00	4,543,338.00	4,543,338.00	4,543,338.00	4,543,338.00	4,543,338.00	4,543,338.00	4,543,338.00	4,543,338.00	4,543,338.00
DEI Adjusted Shares Outstanding	4,543,338.00	4,543,338.00	4,543,338.00	4,543,338.00	4,543,338.00	4,543,338.00	4,543,338.00	4,543,338.00	4,543,338.00	4,543,338.00	4,543,338.00
DEI Earnings Per Adjusted Shares Outstanding	0.46	0.46	0.48	0.47	0.44	0.36	0.19	0.60	0.61	0.60	0.61
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-10.12%	-4.06%	-4.01%	4.57%	7.26%	8.85%	7.26%	9.24%	10.03%	11.83%	15.42%
EBITDA Growth	-41.88%	21.59%	3.24%	-10.80%	40.43%	-40.87%	-51.95%	17.99%	20.08%	48.66%	149.31%
EBIT Growth	-18.46%	-14.36%	10.16%	-15.82%	-4.83%	0.93%	-61.83%	27.46%	30.60%	68.52%	234.84%
NOPAT Growth	-19.27%	7.88%	10.23%	-15.23%	-4.23%	-23.20%	-61.50%	25.88%	38.29%	68.25%	229.45%
Net Income Growth	-19.27%	7.88%	10.23%	-15.23%	-4.23%	-23.20%	-61.50%	25.88%	38.29%	68.25%	229.45%
EPS Growth	-16.36%	6.98%	11.63%	0.00%	-4.35%	0.00%	-60.42%	0.00%	38.64%	0.00%	221.05%
Operating Cash Flow Growth	-20.37%	-10.79%	-125.50%	229.46%	47.35%	-46.47%	162.03%	26.71%	6.04%	4.67%	521.10%
Free Cash Flow Firm Growth	-93.22%	-132.95%	-151.14%	-270.65%	-1,998.12%	63.28%	-14.25%	154.25%	132.65%	27.30%	104.69%
Invested Capital Growth	1.78%	13.08%	10.86%	11.51%	25.82%	5.30%	9.13%	-0.84%	-2.85%	5.50%	2.82%
Revenue Q/Q Growth	-2.08%	0.02%	-2.93%	9.99%	0.44%	1.50%	-4.35%	12.03%	1.17%	3.16%	-1.28%
EBITDA Q/Q Growth	-40.62%	104.83%	-27.01%	0.48%	-6.52%	-13.75%	-40.69%	146.73%	-4.86%	6.77%	-0.53%
EBIT Q/Q Growth	-18.25%	-20.74%	32.65%	-2.06%	-7.58%	-15.95%	-49.83%	227.05%	-5.30%	8.45%	-0.32%
NOPAT Q/Q Growth	-18.00%	1.44%	3.75%	-1.78%	-7.36%	-18.64%	-47.99%	221.14%	1.78%	-1.02%	1.84%
Net Income Q/Q Growth	-18.00%	1.44%	3.75%	-1.78%	-7.36%	-18.64%	-47.99%	221.14%	1.78%	-1.02%	1.84%
EPS Q/Q Growth	-17.86%	0.00%	4.35%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	251.46%	4.45%	-134.91%	334.39%	72.39%	-62.05%	-59.54%	378.77%	44.27%	-62.54%	140.07%
Free Cash Flow Firm Q/Q Growth	-76.80%	-940.35%	20.61%	-10.23%	-158.10%	83.74%	-147.01%	152.34%	55.35%	-136.20%	115.94%
Invested Capital Q/Q Growth	-3.76%	13.92%	0.31%	1.40%	8.58%	-4.65%	3.95%	-7.87%	6.39%	3.54%	1.32%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	20.97%	42.95%	32.30%	29.51%	27.46%	23.34%	14.47%	31.87%	29.97%	31.02%	31.26%
EBIT Margin	24.51%	19.42%	26.54%	23.63%	21.74%	18.01%	9.44%	27.57%	25.81%	27.13%	27.40%
Profit (Net Income) Margin	19.67%	19.95%	21.32%	19.04%	17.56%	14.08%	7.65%	21.94%	22.07%	21.18%	21.85%
Tax Burden Percent	80.26%	102.73%	80.35%	80.57%	80.76%	78.17%	81.04%	79.58%	85.52%	78.05%	79.74%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	19.74%	-2.73%	19.65%	19.43%	19.24%	21.83%	18.96%	20.42%	14.48%	21.95%	20.26%
Return on Invested Capital (ROIC)	12.17%	11.28%	11.79%	10.53%	9.62%	7.61%	4.12%	12.50%	11.99%	11.91%	12.39%
ROIC Less NNEP Spread (ROIC-NNEP)	12.17%	11.28%	11.79%	10.53%	9.62%	7.61%	4.12%	12.50%	11.99%	11.91%	12.39%
Return on Net Nonoperating Assets (RNNOA)	5.03%	4.14%	4.21%	3.67%	3.20%	2.39%	1.25%	2.68%	2.33%	2.31%	2.31%
Return on Equity (ROE)	17.20%	15.42%	16.00%	14.20%	12.82%	10.00%	5.36%	15.19%	14.32%	14.22%	14.70%
Cash Return on Invested Capital (CROIC)	10.52%	-0.73%	1.38%	0.16%	-12.23%	4.51%	-0.86%	9.68%	11.98%	5.07%	9.56%
Operating Return on Assets (OROA)	1.10%	0.87%	1.16%	1.05%	0.96%	0.82%	0.43%	1.28%	1.20%	1.31%	1.33%
Return on Assets (ROA)	0.88%	0.90%	0.93%	0.84%	0.77%	0.64%	0.35%	1.02%	1.03%	1.02%	1.06%
Return on Common Equity (ROCE)	17.20%	15.42%	16.00%	14.20%	12.82%	10.00%	5.36%	15.19%	14.32%	14.22%	14.70%
Return on Equity Simple (ROE_SIMPLE)	17.06%	0.00%	14.74%	13.81%	12.25%	0.00%	9.66%	9.98%	10.29%	0.00%	13.48%
Net Operating Profit after Tax (NOPAT)	2.08	2.11	2.19	2.15	1.99	1.62	0.84	2.70	2.75	2.72	2.77
NOPAT Margin	19.67%	19.95%	21.32%	19.04%	17.56%	14.08%	7.65%	21.94%	22.07%	21.18%	21.85%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	55.33%	59.47%	54.35%	55.32%	55.54%	55.77%	56.49%	54.73%	56.02%	52.73%	55.47%
Operating Expenses to Revenue	77.05%	79.64%	78.85%	77.46%	77.44%	82.61%	89.31%	76.71%	73.46%	70.81%	73.75%
Earnings before Interest and Taxes (EBIT)	2.59	2.05	2.72	2.67	2.46	2.07	1.04	3.40	3.22	3.49	3.48
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2.22	4.54	3.31	3.33	3.11	2.68	1.59	3.93	3.74	3.99	3.97
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.89	0.87	0.74	0.79	0.87	1.08	0.96	0.88	0.91	1.05	1.15
Price to Tangible Book Value (P/TBV)	1.09	1.03	0.87	0.93	1.00	1.25	1.10	0.99	1.02	1.17	1.28
Price to Revenue (P/Rev)	1.03	1.22	1.06	1.14	1.38	1.57	1.45	1.36	1.48	1.73	1.86
Price to Earnings (P/E)	5.19	5.98	5.00	5.73	7.12	8.79	9.93	8.77	8.86	9.31	8.54
Dividend Yield	3.28%	2.79%	3.47%	3.35%	2.88%	2.60%	2.77%	2.89%	2.59%	2.16%	1.94%
Earnings Yield	19.27%	16.72%	20.01%	17.45%	14.05%	11.38%	10.07%	11.40%	11.29%	10.74%	11.70%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.19	0.00	0.00	0.00	0.09	0.16
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00	0.00	0.36	0.00	0.00	0.00	0.17	0.28
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	1.28	0.00	0.00	0.00	0.63	0.92
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	1.60	0.00	0.00	0.00	0.75	1.05
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	2.00	0.00	0.00	0.00	0.92	1.31
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	1.86	0.00	0.00	0.00	0.71	0.92
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	4.29	0.00	0.00	0.00	1.90	1.69
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.40	0.33	0.33	0.32	0.28	0.30	0.28	0.13	0.11	0.11	0.11
Long-Term Debt to Equity	0.40	0.33	0.33	0.32	0.28	0.30	0.28	0.13	0.11	0.11	0.11
Financial Leverage	0.41	0.37	0.36	0.35	0.33	0.31	0.30	0.21	0.19	0.19	0.19
Leverage Ratio	19.53	17.21	17.19	16.86	16.55	15.60	15.50	14.86	13.91	13.93	13.85
Compound Leverage Factor	19.53	17.21	17.19	16.86	16.55	15.60	15.50	14.86	13.91	13.93	13.85
Debt to Total Capital	28.59%	24.92%	24.66%	24.14%	22.07%	22.98%	21.93%	11.15%	10.30%	9.90%	9.70%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	28.59%	24.92%	24.66%	24.14%	22.07%	22.98%	21.93%	11.15%	10.30%	9.90%	9.70%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	71.41%	75.08%	75.34%	75.86%	77.93%	77.02%	78.07%	88.85%	89.70%	90.10%	90.30%
Debt to EBITDA	1.56	1.46	1.43	1.47	1.36	1.56	1.79	0.79	0.74	0.66	0.56
Net Debt to EBITDA	-6.16	-4.01	-4.95	-4.10	-6.28	-4.34	-7.07	-6.09	-6.42	-5.71	-5.07
Long-Term Debt to EBITDA	1.56	1.46	1.43	1.47	1.36	1.56	1.79	0.79	0.74	0.66	0.56
Debt to NOPAT	2.35	2.29	2.22	2.30	2.31	2.44	2.91	1.26	1.12	0.98	0.80
Net Debt to NOPAT	-9.29	-6.31	-7.67	-6.45	-10.64	-6.79	-11.48	-9.63	-9.68	-8.39	-7.24
Long-Term Debt to NOPAT	2.35	2.29	2.22	2.30	2.31	2.44	2.91	1.26	1.12	0.98	0.80
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.85	-7.14	-5.67	-6.25	-16	-2.62	-6.48	3.39	5.27	-1.91	0.30
Operating Cash Flow to CapEx	288.78%	3,669.79%	-256.79%	2,551.33%	307.36%	553.08%	122.67%	2,922.40%	0.00%	311.85%	1,240.58%
Free Cash Flow to Firm to Interest Expense	0.31	-2.27	-1.59	-1.63	-3.98	-0.66	-1.84	1.00	1.52	-0.55	0.10
Operating Cash Flow to Interest Expense	1.21	1.12	-0.35	0.75	1.23	0.48	0.22	1.08	1.52	0.57	1.52
Operating Cash Flow Less CapEx to Interest Expense	0.79	1.09	-0.48	0.72	0.83	0.39	0.04	1.04	1.58	0.39	1.40
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.04	0.05	0.05	0.05	0.05	0.05	0.05
Fixed Asset Turnover	2.35	2.36	2.34	2.40	2.30	2.37	2.40	2.49	2.48	2.53	2.62
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	70	80	80	81	88	84	88	81	86	89	90
Invested Capital Turnover	0.62	0.57	0.55	0.55	0.55	0.54	0.54	0.57	0.54	0.56	0.57
Increase / (Decrease) in Invested Capital	1.23	9.25	7.86	8.40	18	4.24	7.32	-0.69	-2.52	4.63	2.47
Enterprise Value (EV)	-35	-2.85	-24	-6.15	-30	16	-10	-6.13	-6.48	8.33	14
Market Capitalization	44	52	45	49	60	70	66	63	70	84	94
Book Value per Share	$11.03	$13.21	$13.30	$13.58	$15.15	$14.28	$15.04	$15.77	$16.94	$17.62	$17.89
Tangible Book Value per Share	$8.95	$11.16	$11.28	$11.59	$13.19	$12.34	$13.14	$13.90	$15.10	$15.81	$16.11
Total Capital	70	80	80	81	88	84	88	81	86	89	90
Total Debt	20	20	20	20	19	19	19	8.99	8.84	8.80	8.73
Total Long-Term Debt	20	20	20	20	19	19	19	8.99	8.84	8.80	8.73
Net Debt	-79	-55	-68	-55	-90	-54	-76	-69	-77	-76	-79
Capital Expenditures (CapEx)	1.17	0.10	0.48	0.11	1.62	0.34	0.62	0.13	-0.22	0.63	0.38
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	20	20	20	20	19	19	19	8.99	8.84	8.80	8.73
Total Depreciation and Amortization (D&A)	-0.37	2.49	0.59	0.66	0.65	0.61	0.55	0.53	0.52	0.50	0.49
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.46	$0.46	$0.48	$0.47	$0.44	$0.36	$0.19	$0.60	$0.61	$0.59	$0.61
Adjusted Weighted Average Basic Shares Outstanding	4.54M	4.56M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M
Adjusted Diluted Earnings per Share	$0.46	$0.46	$0.48	$0.47	$0.44	$0.00	$0.19	$0.00	$0.61	$0.00	$0.61
Adjusted Weighted Average Diluted Shares Outstanding	4.54M	4.56M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	4.54M	0.00	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M	4.54M
Normalized Net Operating Profit after Tax (NOPAT)	2.08	1.44	2.19	2.15	1.99	1.62	0.84	2.70	2.75	2.72	2.77
Normalized NOPAT Margin	19.67%	13.59%	21.32%	19.04%	17.56%	14.08%	7.65%	21.94%	22.07%	21.18%	21.85%
Pre Tax Income Margin	24.51%	19.42%	26.54%	23.63%	21.74%	18.01%	9.44%	27.57%	25.81%	27.13%	27.40%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.93	0.65	0.76	0.69	0.61	0.52	0.30	1.00	0.93	1.00	1.12
NOPAT to Interest Expense	0.75	0.67	0.61	0.56	0.49	0.41	0.24	0.80	0.79	0.78	0.89
EBIT Less CapEx to Interest Expense	0.51	0.62	0.63	0.66	0.21	0.44	0.12	0.97	0.99	0.82	0.99
NOPAT Less CapEx to Interest Expense	0.33	0.64	0.48	0.53	0.09	0.32	0.06	0.76	0.85	0.60	0.77
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	17.19%	16.79%	17.33%	19.21%	20.46%	22.89%	27.58%	25.41%	22.96%	20.14%	16.59%
Augmented Payout Ratio	28.85%	28.24%	17.33%	19.21%	20.46%	22.89%	27.58%	25.41%	22.96%	20.14%	16.59%

Financials Breakdown Chart

Key Financial Trends

Bank of the James Financial Group (NASDAQ: BOTJ) posted another profitable quarter in Q1 2026, but the latest results also show a few important shifts in the balance sheet and cash flow profile that investors should watch closely.

Profitability improved year over year in Q1 2026. Net income rose to $2.77 million from $842,000 in Q1 2025, a strong rebound in earnings.
Revenue growth remains solid. Total revenue increased to $12.70 million in Q1 2026 from $11.00 million a year earlier, helped by stronger non-interest income and slightly higher interest income.
Non-interest income was a bright spot. Fee-based and investment-related income climbed to $3.96 million from $3.28 million in Q1 2025, showing BOTJ is not solely dependent on spread income.
Operating cash flow was strong. The bank generated $4.74 million in operating cash flow in Q1 2026, well above the $763,000 it produced in Q1 2025.
Liquidity improved meaningfully. Cash and equivalents increased to $25.1 million at March 31, 2026, from $22.6 million at June 30, 2025.
Deposits grew sharply in Q1 2026. The bank added about $19.4 million in deposits during the quarter, supporting funding and balance sheet expansion.
Net interest income was essentially flat year over year. Q1 2026 net interest income of $8.73 million was only modestly above $7.72 million in Q1 2025, suggesting the core spread business is improving, but not dramatically.
Expense control looks mixed. Non-interest expense rose to $9.37 million in Q1 2026 from $8.09 million a year ago, with higher salary and occupancy costs offsetting some of the benefit from stronger revenue.
Credit quality appeared manageable in the quarter. The provision for credit losses was just $146,000 in Q1 2026, down from $137,000 in Q1 2025 and below the elevated levels seen in some other periods.
Investment securities purchases were large. BOTJ used $21.3 million to buy investment securities in Q1 2026, which contributed to a $20.0 million outflow from investing activities and could pressure liquidity if it continues at this pace.

Looking at the broader trend across the last four years of quarterly data, BOTJ has generally remained profitable and consistently cash-generative, which is a good sign for a community bank. Earnings have moved higher from early 2024 levels, and retained earnings have also climbed over time, reflecting ongoing balance sheet growth.

At the same time, there are a few caution flags. Interest expense on deposits remains high, which can limit margin expansion, and the company has relied on significant investment purchases that consume cash. In addition, tangible efficiency is not yet clearly improving because non-interest expenses are rising along with the business.

From a balance sheet perspective, BOTJ still looks reasonably positioned. Total assets were $1.06 billion at the end of Q1 2026, while common equity stood at $81.3 million. Deposits remain the key funding source, and the bank’s strong deposit growth this quarter is encouraging. However, investors should keep an eye on how much of the asset base is tied up in securities and how much that limits flexibility.

Bottom line: BOTJ appears to be in decent financial shape, with improving earnings and healthy operating cash flow, but the stock’s outlook will depend on whether management can keep growing revenue without letting expenses and investment-related cash usage outpace that progress.

08/06/26 03:59 AM ETAI Generated. May Contain Errors.

Bank of the James Financial Group Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Bank of the James Financial Group's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Bank of the James Financial Group's net income appears to be on an upward trend, with a most recent value of $9.02 million in 2025, rising from $3.69 million in 2015. The previous period was $7.94 million in 2024. View Bank of the James Financial Group's forecast to see where analysts expect Bank of the James Financial Group to go next.

Over the last 10 years, Bank of the James Financial Group's total revenue changed from $21.80 million in 2015 to $48.66 million in 2025, a change of 123.2%.

Bank of the James Financial Group's total liabilities were at $958.98 million at the end of 2025, a 4.9% increase from 2024, and a 100.2% increase since 2015.

In the past 10 years, Bank of the James Financial Group's cash and equivalents has ranged from $15.95 million in 2015 to $31.68 million in 2020, and is currently $28.54 million as of their latest financial filing in 2025.

Over the last 10 years, Bank of the James Financial Group's book value per share changed from 14.29 in 2015 to 17.62 in 2025, a change of 23.3%.

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Financial statements for NASDAQ:BOTJ last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Bank of the James Financial Group (BOTJ) Financials

Financials Breakdown Chart

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Bank of the James Financial Group Financials - Frequently Asked Questions

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Bank of the James Financial Group (BOTJ) Financials

Annual Income Statements for Bank of the James Financial Group

Quarterly Income Statements for Bank of the James Financial Group

Annual Cash Flow Statements for Bank of the James Financial Group

Quarterly Cash Flow Statements for Bank of the James Financial Group

Annual Balance Sheets for Bank of the James Financial Group

Quarterly Balance Sheets for Bank of the James Financial Group

Annual Metrics And Ratios for Bank of the James Financial Group

Quarterly Metrics And Ratios for Bank of the James Financial Group

Financials Breakdown Chart

Key Financial Trends

Bank of the James Financial Group Financials - Frequently Asked Questions

When does Bank of the James Financial Group's fiscal year end?

How has Bank of the James Financial Group's net income changed over the last 10 years?

How has Bank of the James Financial Group's revenue changed over the last 10 years?

How much debt does Bank of the James Financial Group have?

How much cash does Bank of the James Financial Group have?

How has Bank of the James Financial Group's book value per share changed over the last 10 years?

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