James F. Daly
On March 18, 2024, each of Thomas W. Pettyjohn, Jr. and James F. Daly announced his intention not to seek re-election to the Board of Directors of the Bank of the James Financial Group, Inc. and its subsidiary Bank of the James.
Highest-materiality recent filing
Bank of the James Q2 net income $3.24M, EPS $0.71; H1 net income $6.01M, EPS $1.32
Q2 2026 net income $3.24M ($0.71 EPS) vs $2.70M ($0.60 EPS) in Q2 2025, up 20%.
Bank of the James shareholders elect directors, ratify auditor, approve say-on-pay
All four Group Two directors elected: Chapman 2,435,558 for; Doyle 2,177,449; Langley 2,176,380; Petticolas 2,156,391.
Bank of the James Q1 net income $2.77M ($0.61 EPS) vs $0.19 YoY, dividend $0.10
Net income $2.77M, EPS $0.61, vs $842K ($0.19) in Q1 2025.
Bank of the James Reports Record 2025 Net Income of $9.02 Million, Up 13.6%
Record annual earnings of $9.02 million for 2025, up from $7.94 million in 2024.
Bank of the James declares $0.10 quarterly dividend payable March 6, 2026
Quarterly cash dividend of $0.10 per share declared on January 27, 2026.
Bank of the James co-founder J. Todd Scruggs retires from board and executive roles effective Jan 5
J. Todd Scruggs retired Jan 5, 2026 from boards of Company and Bank; also as Secretary, Treasurer, EVP and CIO.
Bank of the James reports record Q3 EPS $0.61, NIM expands to 3.44%, assets exceed $1B
EPS $0.61 in Q3 2025, up from $0.44 YoY; nine-month EPS $1.39 flat YoY.
BOTJ CFO Scruggs to become CIO; General Counsel Sorenson named CFO effective Jan 1, 2026
J. Todd Scruggs, CFO since 1999 for Bank of the James, transitions to newly created CIO role effective Jan 1, 2026.
BOTJ amends $11M note: maturity extended to 2030, rate raised to 5.65%
Maturity of $11M secured note extended from Dec 2026 to Aug 31, 2030; interest rate increased to 5.65% from 3.90% as of Sept 1, 2025.
Bank of the James Q2 2025 net income $2.70M, EPS $0.60; assets corrected to $1.004B
Q2 net income of $2.70M ($0.60/diluted share) vs $2.15M ($0.47) a year ago.
Bank of the James Q2 net income $2.7M ($0.60 EPS); net interest margin expands to 3.45%
Q2 net income $2.7M ($0.60/share) vs $2.15M ($0.47) a year earlier; H1 net income $3.55M ($0.79) vs $4.34M ($0.95).
Bank of the James declares $0.10 quarterly dividend, payable Sept 26
Board declared a quarterly cash dividend of $0.10 per share on July 22, 2025.
BOTJ shareholders elect three directors, ratify auditor, approve say-on-pay at annual meeting
Elected A. Douglas Dalton III, Watt R. Foster Jr., and Phillip C. Jamerson as Group One directors for three-year terms.
BOTJ Q1 net income down 61% to $842k ($0.19 EPS) on $1M one-time consultant fee
Net income $842k ($0.19 EPS) vs $2.19M ($0.48) Q1 2024; revenue (NII after provision) $7.58M vs $7.50M.
Bank of the James declares $0.10 quarterly dividend payable June 20, 2025
Quarterly cash dividend of $0.10 per share declared on April 15, 2025.
Two directors to retire at Bank of the James annual meeting; board shrinks to 11
Thomas W. Pettyjohn, Jr. and James F. Daly will not seek re-election, retiring on May 20, 2025.
Bank of the James Q4 net income falls to $1.62M from $2.11M; full year EPS $1.75, dividend declared
Q4 2024 net income $1.62M ($0.36 per share) vs $2.11M ($0.45) a year ago.
Bank of the James declares $0.10 quarterly dividend payable March 21, 2025
Board declared a quarterly cash dividend of $0.10 per share on January 21, 2025.
Bank of the James Q3 net income $1.99M ($0.44 EPS); total assets top $1B, book value $15.15
Net income Q3 2024 $1.99M ($0.44 diluted EPS) vs. $2.08M ($0.46) YoY; first 9 months $6.33M ($1.39) vs. $6.60M ($1.44).
BOTJ declares $0.10 quarterly dividend, payable Dec 6, 2024
Quarterly cash dividend of $0.10 per share declared on Oct 15, 2024.
Bank of the James Q2 net income $2.15M ($0.47 EPS), down 15% YoY; declares $0.10 dividend
Net income $2.15M ($0.47/share) vs $2.53M ($0.56) YoY; first-half $4.34M ($0.95) vs $4.52M ($0.99).
Bank of the James Financial Group declares $0.10 quarterly dividend, payable Sept 20, 2024
Quarterly cash dividend of $0.10 per share declared on July 16, 2024.
Shareholders re-elect four directors and ratify auditor at annual meeting
Four Group Three directors elected: Addison, Alford, Bryant, Scruggs (all with >2M votes for).
BOTJ Q1 net income $2.19M ($0.48 EPS) vs $1.98M a year ago; declares $0.10 dividend
Net income of $2.19M, $0.48 per share, vs $1.98M ($0.43) in Q1 2023; earnings per share up 11.6% YoY.
Bank of the James Financial Group declares $0.10 quarterly dividend
Board declared a quarterly cash dividend of $0.10 per common share on April 16, 2024.
Bank of the James Financial Group replaces auditor YHB with Elliott Davis for FY 2024
Dismissed Yount, Hyde & Barbour as auditor after 2023 audit and 10-K filing.
Bank of the James reports Q4 EPS $0.45, declares 25% dividend increase to $0.10/share
Q4 net income $2.06M ($0.45 EPS) vs $1.96M ($0.42 EPS) in Q4 2022; full-year EPS flat at $1.91.
Bank of the James declares $0.10 quarterly dividend, a 25% increase from prior quarter
Quarterly dividend raised to $0.10 per share from $0.08, a 25% increase.
Bank of the James Financial Group reports Q3 2023 net income of $2.08M and declares $0.08 dividend
Net income for Q3 2023 was $2.08 million ($0.46 per share) compared to $2.57 million in Q3 2022.
Bank of the James Q2 net income up 10% to $2.53M; declares $0.08 dividend
Q2 net income $2.53M ($0.56 EPS) vs $2.29M ($0.48 EPS) a year ago.
Shareholders elected four Group Two directors: Robert R. Chapman III, Julie P. Doyle, Lydia K. Langley, and Augustus A. Petticolas.
Net income $1.98M, EPS $0.43, down from $2.14M ($0.45) a year ago.
Bank of the James posts record annual net income of $8.96M, EPS $1.91; approves $998K buyback
Q4 net income $1.95M ($0.42/sh), up 5% YoY; FY2022 net income $8.96M ($1.91/sh), up 18% YoY.
Bank of the James declares $0.08 quarterly dividend payable March 17, 2023
Board declared a quarterly cash dividend of $0.08 per share on January 17, 2023.
Executive EVP-General Counsel Sorenson eligible for $60,000 annual retirement benefit for 15 years upon retirement at age 65 or older.
Bank of the James posts record Q3 net income of $2.57M, EPS $0.55, up 37% YoY
Q3 2022 net income $2.57M ($0.55 diluted EPS) vs. $1.88M ($0.40) in Q3 2021; nine-month net income $7.01M ($1.48) vs. $5.73M ($1.21).
Bank of the James expands stock repurchase authorization to $1.5M
Board increased share repurchase plan to $1.5M, inclusive of prior $500K authorized July 19, 2022.
Bank of the James appoints Eric J. Sorenson as EVP-General Counsel effective July 1, 2022
Eric J. Sorenson, Jr., 56, became EVP-General Counsel of Bank of the James on July 1, 2022.
Bank of the James Q2 net income rises 14% to $2.29M; declares $0.07 dividend and $500K buyback
Net income Q2 2022 $2.29M ($0.48/sh) vs $2.01M ($0.42/sh) in Q2 2021; record quarterly earnings.
Bank of the James Financial Group announces results of 2022 Annual Meeting of Shareholders
At May 17 meeting, shareholders elected five directors: Dalton (2,269,173 for), Daly (1,869,680), Foster (1,757,138), Jamerson (2,141,021), Pettyjohn (1,873,629) with 1,308,439 broker non-votes each.
Bank of the James Q1 net income $2.14M ($0.45 EPS), up 16% YoY; declares $0.07 dividend
Net income $2.14M ($0.45 EPS) vs $1.84M ($0.38) in Q1 2021; revenue not separately disclosed.
Bank of the James reports record annual net income of $7.59M; Q4 EPS $0.39
Net income $7.59M ($1.60 diluted EPS) in 2021 vs $4.98M ($1.04) in 2020; Q4 net income $1.86M ($0.39) vs $1.71M ($0.36).
Bank of the James declares $0.07 quarterly dividend for Q1 2022
Quarterly cash dividend of $0.07 per share declared by Board on January 18, 2022.
Bank of the James completes acquisition of Pettyjohn, Wood & White with $650M AUM
Acquisition of Pettyjohn, Wood & White, Inc. closed on December 31, 2021; PWW now wholly-owned subsidiary.
Bank of the James to acquire Pettyjohn, Wood & White, an RIA with $650M+ AUM
Acquisition of Pettyjohn, Wood & White (PWW), an SEC-registered investment advisor with over $650M in AUM.
Bank of the James Q3 net income $1.88M, EPS $0.40; declares $0.07 dividend
Net income $1.88M ($0.40 diluted EPS) vs $1.45M ($0.30 EPS) year ago; 9-month net $5.73M ($1.21 EPS).
Bank of the James promotes Michael Syrek to President of bank subsidiary
Effective October 13, 2021, Michael A. Syrek promoted to President of Bank of the James.
Bank of the James Q2 net income $2.01M ($0.42 EPS), up from $821K ($0.17) YoY
Net income $2.01M, diluted EPS $0.42 for Q2 2021 vs $0.17 in Q2 2020 (adjusted for 10% stock dividend).
On March 18, 2024, each of Thomas W. Pettyjohn, Jr. and James F. Daly announced his intention not to seek re-election to the Board of Directors of the Bank of the James Financial Group, Inc. and its subsidiary Bank of the James.
On March 18, 2024, each of Thomas W. Pettyjohn, Jr. and James F. Daly announced his intention not to seek re-election to the Board of Directors of the Bank of the James Financial Group, Inc. and its subsidiary Bank of the James.
On July 1, 2022, Eric J. Sorenson, Jr., 56, became Executive Vice President-General Counsel of Bank of the James
effective October 13, 2021, Michael A. Syrek, 49, will assume the role of President of Bank of the James
Robert R. Chapman III stepped down as President of the Bank.
Max materiality 0.80 · Median 0.60 · Most common event earnings