Bank of the James Financial Group (NASDAQ:BOTJ) Releases Earnings Results

Bank of the James Financial Group (NASDAQ:BOTJ – Get Free Report) released its quarterly earnings results on Friday. The financial services provider reported $0.73 EPS for the quarter, Zacks reports. Bank of the James Financial Group had a return on equity of 14.30% and a net margin of 17.72%. The business had revenue of $13.90 million during the quarter.

Bank of the James Financial Group Stock Up 0.4%

BOTJ opened at $23.76 on Friday. The company has a market capitalization of $107.87 million, a PE ratio of 8.97 and a beta of 0.19. The firm has a 50-day simple moving average of $27.25 and a two-hundred day simple moving average of $23.98. Bank of the James Financial Group has a 52 week low of $16.20 and a 52 week high of $30.84.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Weiss Ratings lowered Bank of the James Financial Group from a “buy (a)” rating to a “buy (b+)” rating in a research report on Thursday. Wall Street Zen downgraded shares of Bank of the James Financial Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 15th. One equities research analyst has rated the stock with a Buy rating. According to data from MarketBeat, Bank of the James Financial Group has an average rating of “Buy”.

Read Our Latest Stock Analysis on Bank of the James Financial Group

About Bank of the James Financial Group

(Get Free Report)

Bank of the James Financial Group, Inc is a bank holding company headquartered in Lynchburg, Virginia. Through its principal subsidiary, Bank of the James, the company provides community banking services to individuals, businesses and organizations in Central Virginia and surrounding markets.

Bank of the James offers deposit accounts, commercial and residential real estate lending, consumer loans, business loans, mortgage services and other traditional banking products. The bank also provides treasury management and cash-management services designed to support commercial customers, along with online and mobile banking capabilities for personal and business clients.

Founded in 1999, Bank of the James has developed a regional branch network and emphasizes relationship-based banking and local decision-making.

See Also

Earnings History for Bank of the James Financial Group (NASDAQ:BOTJ)

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