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

Bank of the James Financial Group (NASDAQ:BOTJ) issued its quarterly earnings data on Friday. The financial services provider reported $0.48 EPS for the quarter, reports. The business had revenue of $10.26 million for the quarter. Bank of the James Financial Group had a return on equity of 16.11% and a net margin of 16.59%.

Bank of the James Financial Group Stock Up 1.6 %

BOTJ opened at $10.15 on Friday. The firm has a market capitalization of $46.39 million, a P/E ratio of 5.21 and a beta of 0.73. The stock’s 50 day moving average price is $10.69 and its two-hundred day moving average price is $10.90. Bank of the James Financial Group has a 12-month low of $8.12 and a 12-month high of $12.25.

Bank of the James Financial Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 21st. Shareholders of record on Friday, June 7th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date of this dividend is Friday, June 7th. Bank of the James Financial Group’s dividend payout ratio (DPR) is currently 20.51%.

Insider Buying and Selling at Bank of the James Financial Group

In other Bank of the James Financial Group news, Director William C. Bryant III bought 3,450 shares of the stock in a transaction on Tuesday, February 6th. The shares were purchased at an average price of $12.00 per share, with a total value of $41,400.00. Following the acquisition, the director now directly owns 64,919 shares of the company’s stock, valued at approximately $779,028. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 15.34% of the company’s stock.

Institutional Trading of Bank of the James Financial Group

A hedge fund recently bought a new stake in Bank of the James Financial Group stock. MontVue Capital Management Inc. acquired a new position in Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 16,597 shares of the financial services provider’s stock, valued at approximately $203,000. MontVue Capital Management Inc. owned 0.36% of Bank of the James Financial Group at the end of the most recent quarter. 18.50% of the stock is owned by institutional investors and hedge funds.

About Bank of the James Financial Group

Bank of the James Financial Group, Inc operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the United States. It offers checking, savings, individual retirement, and health care saving accounts, as well as other time deposits, including money market accounts and certificates of deposit.