NasdaqCM:BOTJ

Stock Analysis Report

Bank of the James Financial Group

Executive Summary

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.


Snowflake Analysis

Flawless balance sheet and good value.


Similar Companies

Share Price & News

How has Bank of the James Financial Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BOTJ has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-9.0%

BOTJ

-14.6%

US Banks

-11.2%

US Market


1 Year Return

-6.8%

BOTJ

-6.1%

US Banks

4.1%

US Market

Return vs Industry: BOTJ matched the US Banks industry which returned -6.1% over the past year.

Return vs Market: BOTJ underperformed the US Market which returned 4.1% over the past year.


Shareholder returns

BOTJIndustryMarket
7 Day-9.0%-14.6%-11.2%
30 Day-8.6%-14.0%-9.5%
90 Dayn/a-15.3%-5.4%
1 Year-5.0%-6.8%-3.4%-6.1%6.2%4.1%
3 Year-11.7%-16.2%3.9%-3.5%30.3%21.9%
5 Year34.1%22.6%47.6%31.0%55.0%38.0%

Price Volatility Vs. Market

How volatile is Bank of the James Financial Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Bank of the James Financial Group undervalued compared to its fair value and its price relative to the market?

8.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BOTJ ($13.79) is trading below our estimate of fair value ($15.13)

Significantly Below Fair Value: BOTJ is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BOTJ is good value based on its PE Ratio (10.8x) compared to the Banks industry average (11.6x).

PE vs Market: BOTJ is good value based on its PE Ratio (10.8x) compared to the US market (16.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BOTJ's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BOTJ is good value based on its PB Ratio (1x) compared to the US Banks industry average (1.1x).


Next Steps

Future Growth

How is Bank of the James Financial Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

2.2%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bank of the James Financial Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Bank of the James Financial Group performed over the past 5 years?

9.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOTJ has a high level of non-cash earnings.

Growing Profit Margin: BOTJ's current net profit margins (18%) are lower than last year (19.1%).


Past Earnings Growth Analysis

Earnings Trend: BOTJ's earnings have grown by 9.7% per year over the past 5 years.

Accelerating Growth: BOTJ's earnings growth over the past year (5.7%) is below its 5-year average (9.7% per year).

Earnings vs Industry: BOTJ earnings growth over the past year (5.7%) underperformed the Banks industry 11.8%.


Return on Equity

High ROE: BOTJ's Return on Equity (9.1%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Bank of the James Financial Group's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: BOTJ has a low level of unsold assets or inventory.

Debt Coverage by Assets: BOTJ's debt is not covered by short term assets (assets are -45.3x debt).


Financial Institutions Analysis

Asset Level: BOTJ's level of assets compared to its equity is moderate.

Allowance for Bad Loans: BOTJ has a sufficient allowance for bad loans.

Low Risk Liabilities: BOTJ's liabilities are made up of primarily low risk sources of funding.

Loan Level: BOTJ has an acceptable proportion of non-loan assets held.

Low Risk Deposits: BOTJ's loans are broadly funded by customer deposits.

Level of Bad Loans: BOTJ has an appropriate level of bad loans (0.23%)


Next Steps

Dividend

What is Bank of the James Financial Group's current dividend yield, its reliability and sustainability?

2.03%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Bank of the James Financial Group before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company2.0%marketbottom25%1.6%markettop25%4.1%industryaverage3.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: BOTJ's dividend (2.03%) is higher than the bottom 25% of dividend payers in the US market (1.62%).

High Dividend: BOTJ's dividend (2.03%) is low compared to the top 25% of dividend payers in the US market (4.13%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, BOTJ has been paying a dividend for less than 10 years.

Growing Dividend: BOTJ's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19.5%), BOTJ's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

14.1yrs

Average management tenure


CEO

Bank of the James Financial Group has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Robert Chapman
President & Director22.1yrsUS$476.23k2.19% $1.4m
J. Scruggs
Secretary12.9yrsUS$361.72k0.67% $423.5k
Brandon Farmer
Executive VP & Chief Operations Officer0yrsno datano data
Glenn Dillon
President of BOTJ Investment Group Inc14.1yrsno datano data
Brian Cash
President - Bank of the James Mortgage0yrsno datano data
Bradford Harris
Market President - Roanoke Valley4.1yrsno datano data
Angelia Johnson
Executive VP & Retail Branch Administrator - Bank of the James0yrsno datano data
Michael Syrek
Executive VP & Senior Loan Officer - Bank of the James7.7yrsno datano data

14.1yrs

Average Tenure

51yo

Average Age

Experienced Management: BOTJ's management team is seasoned and experienced (14.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Chapman
President & Director22.1yrsUS$476.23k2.19% $1.4m
J. Scruggs
Secretary12.9yrsUS$361.72k0.67% $423.5k
Thomas Pettyjohn
Independent Chairman of the Board10.8yrsUS$26.95k0.36% $228.6k
Augustus Petticolas
Independent Director15yrsUS$19.00k0.049% $30.7k
Watt Foster
Independent Director14.6yrsUS$13.70k2.05% $1.3m
William Bryant
Director14.2yrsUS$12.25k0.75% $471.1k
Lewis Addison
Independent Director14yrsUS$13.45k0.35% $221.7k
James Daly
Independent Director12.9yrsUS$19.95k0.95% $597.5k
John Alford
Director10.7yrsUS$21.15k0.31% $195.0k
Julie Doyle
Independent Director9.1yrsUS$12.25k0.26% $161.5k

13.5yrs

Average Tenure

58.5yo

Average Age

Experienced Board: BOTJ's board of directors are seasoned and experienced ( 13.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BOTJ insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bank of the James Financial Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bank of the James Financial Group, Inc.
  • Ticker: BOTJ
  • Exchange: NasdaqCM
  • Founded: 1998
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$62.832m
  • Shares outstanding: 4.37m
  • Website: https://www.bankofthejames.bank

Number of Employees


Location

  • Bank of the James Financial Group, Inc.
  • 828 Main Street
  • Lynchburg
  • Virginia
  • 24504
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BOTJNasdaqCM (Nasdaq Capital Market)YesOrdinary SharesUSUSDJun 2000

Biography

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. It accepts checking, savings, and individual retirement accounts, as well as other time deposits, including money market accounts and certificates of deposit. The company also offers loans to small- and medium-sized businesses for the purchases of equipment, facilities upgrades, inventory acquisition, and various working capital purposes; commercial and residential construction and development loans; commercial real estate mortgage loans; and secured and unsecured consumer loans, such as lines of credit and overdraft lines of credit, as well as personal, automobile, installment, demand, and home equity loans for personal, family, or household purposes. In addition, it provides other banking services comprising safe deposit boxes, traveler’s checks, direct deposit of payroll and social security checks, automatic drafts for various accounts, and treasury management and credit card merchant services. Further, the company offers securities brokerage and investment services; and telephone and Internet banking services comprising online bill pay, as well as acts as an agent for insurance and annuity products. It operates 13 full service locations, 3 limited service branches, 1 loan production offices, and 3 mortgage production offices. The company was incorporated in 1998 and is headquartered in Lynchburg, Virginia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 23:59
End of Day Share Price2020/02/28 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.