Bank of the James Financial Group
Market Cap
US$66.7m
Last Updated
2020/02/20 00:05 UTC
Data Sources
Company Financials
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.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and fair 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
0.3%
BOTJ
-1.0%
US Banks
0.5%
US Market
1 Year Return
5.5%
BOTJ
10.6%
US Banks
20.3%
US Market
Return vs Industry: BOTJ underperformed the US Banks industry which returned 10.6% over the past year.
Return vs Market: BOTJ underperformed the US Market which returned 20.3% over the past year.
Shareholder returns
| BOTJ | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.3% | -1.0% | 0.5% |
| 30 Day | 1.8% | -1.2% | 2.0% |
| 90 Day | 3.4% | 0.4% | 9.4% |
| 1 Year | 7.6%5.5% | 13.8%10.6% | 22.8%20.3% |
| 3 Year | 0.4%-4.7% | 23.5%14.6% | 50.1%40.4% |
| 5 Year | 51.6%38.6% | 74.0%54.2% | 73.1%54.1% |
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
3 weeks ago | Simply Wall St
Is Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) A Great Dividend Stock?1 month ago | Simply Wall St
Introducing Bank of the James Financial Group (NASDAQ:BOTJ), A Stock That Climbed 57% In The Last Five Years2 months ago | Simply Wall St
What Kind Of Shareholders Own Bank of the James Financial Group, Inc. (NASDAQ:BOTJ)?Valuation
Is Bank of the James Financial Group undervalued compared to its fair value and its price relative to the market?
11.91x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BOTJ ($15.25) is trading above our estimate of fair value ($15.13)
Significantly Below Fair Value: BOTJ is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BOTJ is good value based on its PE Ratio (11.9x) compared to the Banks industry average (12.6x).
PE vs Market: BOTJ is good value based on its PE Ratio (11.9x) compared to the US market (18.3x).
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 (1.1x) compared to the US Banks industry average (1.2x).
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
- Examine whether Bank of the James Financial Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Banks industry.
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 12.3%.
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?
1.84%
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
Current dividend yield vs market & industry
Notable Dividend: BOTJ's dividend (1.84%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: BOTJ's dividend (1.84%) is low compared to the top 25% of dividend payers in the US market (3.73%).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & Director | 22.1yrs | US$476.23k | 2.19% $1.5m | |
| Secretary | 12.9yrs | US$361.72k | 0.67% $449.4k | |
| Executive VP & Chief Operations Officer | 0yrs | no data | no data | |
| President of BOTJ Investment Group Inc | 14.1yrs | no data | no data | |
| President - Bank of the James Mortgage | 0yrs | no data | no data | |
| Market President - Roanoke Valley | 4.1yrs | no data | no data | |
| Executive VP & Retail Branch Administrator - Bank of the James | 0yrs | no data | no data | |
| Executive VP & Senior Loan Officer - Bank of the James | 7.7yrs | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & Director | 22.1yrs | US$476.23k | 2.19% $1.5m | |
| Secretary | 12.9yrs | US$361.72k | 0.67% $449.4k | |
| Independent Chairman of the Board | 10.8yrs | US$26.95k | 0.36% $242.6k | |
| Independent Director | 15yrs | US$19.00k | 0.049% $32.6k | |
| Independent Director | 14.6yrs | US$13.70k | 2.05% $1.4m | |
| Director | 14.2yrs | US$12.25k | 0.75% $500.0k | |
| Independent Director | 14yrs | US$13.45k | 0.35% $235.2k | |
| Independent Director | 12.9yrs | US$19.95k | 0.95% $634.1k | |
| Director | 10.7yrs | US$21.15k | 0.31% $207.0k | |
| Independent Director | 9.1yrs | US$12.25k | 0.26% $171.4k |
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$66.680m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BOTJ | NasdaqCM (Nasdaq Capital Market) | Yes | Ordinary Shares | US | USD | Jun 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/20 00:05 |
| End of Day Share Price | 2020/02/19 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.