Bank of the James Q3 EPS $0.73 vs $0.61; nine-month net income $9.34M; dividend raised 50% to $0.15

BANK OF THE JAMES FINANCIAL GROUP INC

• Q3 2026 net income $3.32M, up $570K from $2.75M a year earlier; EPS $0.73 vs $0.61. Nine-month net income $9.34M ($2.05/share) vs $6.30M ($1.39).
• Quarterly cash dividend raised 50% to $0.15 per share from $0.10, payable December 4, 2026 to stockholders of record November 20, 2026.
• Net interest margin (tax-equivalent) 3.81% vs 3.44% in Q3 2025; net interest income after provision up ~18% to $9.69M. Interest expense fell 8.90% to $3.16M.
• Net loans $694.03M and deposits $963.60M both at all-time highs; total assets $1.065B. Efficiency ratio improved to 69.76% from 73.46%.
• Nonperforming loans fell to $548K from $1.70M at Dec 31, 2025, but AOCI loss widened to $24.51M from $14.94M on AFS securities; book value $17.27 vs $17.62.