BOTJ BANK OF THE JAMES FINANCIAL GROUP INC

BULLISH Impact: 7/10 8-K
Horizon weeks Filed Apr 30, 2026 Processed 1mo ago SEC 0001275101-26-000017
8-K Item 2.02: Earnings release
Latest settled — T+20d
BOTJ ▼ -0.74% at T+20d
LONG call ✗ call lost -0.74% · α vs SPY -6.01% · entry $22.83 → $22.66
Next anchor: T+60d in 7w
Last close $24.27 (close Jun 8) · +6.31% from $22.83 entry
Entry anchored
Apr 30, 2026
via day open
T+1d
+2.49%
call +2.49% · α +2.83%
$23.40
settled 6w ago
T+5d
+1.74%
call +1.74% · α -0.60%
$23.23
settled 5w ago
T+20d
-0.74%
call -0.74% · α -6.01%
$22.66
settled 12d ago
T+60d
—
call — · α —
—
in 7w

Price Chart

Loading chart...

Executive Summary

Bank of the James reported strong Q1 2026 results with net income of $2.77M ($0.61 EPS), up from $0.84M ($0.19 EPS) in Q1 2025, driven by 13.15% net interest income growth, 20.74% noninterest income growth, and a 4.69% decline in noninterest expense. The board also declared a $0.10 quarterly dividend. The combination of revenue growth, margin expansion, and cost control represents a clear positive for this small-cap bank.

Actionable Insight

BOTJ delivered its best first quarter in 26 years with strong revenue growth, margin expansion, and cost control. The efficiency ratio improvement from 89% to 74% shows operating leverage is materializing. Monitor Q2 for continued margin expansion and loan growth trajectory — the stock should re-rate higher if these trends persist.

Key Facts

  • Q1 2026 net income $2.77M vs $842K in Q1 2025, up 229%
  • EPS $0.61 vs $0.19 in Q1 2025, up 221%
  • Net interest income $8.73M, up 13.15% YoY
  • Net interest margin expanded to 3.57% from 3.25%
  • Noninterest expense declined 4.69% YoY to $9.37M
  • Efficiency ratio improved to 73.75% from 89.31%
  • Quarterly dividend of $0.10 per share declared
  • Nonperforming loans declined to $1.45M from $1.70M at year-end
  • Total assets reached $1.06B, up 4.89% YoY
  • Deposits grew 4.92% YoY to $956.55M

Financial Impact

Net income increased $1.93M YoY; EPS increased $0.42; revenue (NII + noninterest income) grew 15.40%

net incomeepsnet interest incomenet interest marginefficiency rationonperforming loans

Risk Factors

  • Loan balances declined 1.85% from year-end due to large payoffs and line reductions
  • Salaries and employee benefits increased $725K (15.2%) YoY, partially offsetting cost savings
  • Accumulated other comprehensive loss widened to -$16.0M from -$14.9M, reflecting higher rates

Market Snapshot

Exchange
Nasdaq
Sector
State Commercial Banks

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001275101-26-000017
Document: botj-20260428x8k.htm0001275101-26-000017
Document: 0001275101-26-000017-index-headers.html0001275101-26-000017
Document: 0001275101-26-000017-index.html0001275101-26-000017
Document: 0001275101-26-000017.txt0001275101-26-000017
8-K Data (Synthetic)0001275101-26-000017
3 reports for BOTJ
Performance horizon
Filters
Rows
Reports for BOTJ — sortable, filterable
Type Now
May 6, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$23.11 $22.58▼ −2.29%▼ −5.07%$24.27 (+5.02%)
May 6, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$23.11 $22.58▼ −2.29%▼ −5.07%$24.27 (+5.02%)
Apr 30, 2026
5w ago
8-K
BULLISH ★ 7/10
$22.83 $22.66▼ −0.74%▼ −6.01%$24.27 (+6.31%)
Showing 3 of 3

US Market Status

Market Closed — Opens in 7h 4m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access