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 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 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.
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).
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 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 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).
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).
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 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 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.
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 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 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 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 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