Bank of the James Financial Group (NASDAQ:BOTJ – Get Free Report) posted its earnings results on Friday. The financial services provider reported $0.73 earnings per share for the quarter, Zacks reports. Bank of the James Financial Group had a net margin of 17.72% and a return on equity of 14.30%.
Bank of the James Financial Group Stock Up 1.2%
Shares of NASDAQ:BOTJ traded up $0.28 during midday trading on Friday, reaching $23.95. The company’s stock had a trading volume of 32,310 shares, compared to its average volume of 21,855. Bank of the James Financial Group has a 12-month low of $16.20 and a 12-month high of $30.84. The firm has a market capitalization of $108.73 million, a P/E ratio of 9.47 and a beta of 0.19. The firm has a 50 day moving average of $27.32 and a 200-day moving average of $23.95.
Wall Street Analyst Weigh In
Several research firms recently commented on BOTJ. Wall Street Zen lowered shares of Bank of the James Financial Group from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. Weiss Ratings downgraded Bank of the James Financial Group from a “buy (a)” rating to a “buy (b+)” rating in a report on Thursday. One analyst has rated the stock with a Buy rating. Based on data from MarketBeat, Bank of the James Financial Group currently has a consensus rating of “Buy”.
Check Out Our Latest Report on Bank of the James Financial Group
Bank of the James Financial Group Company Profile
Bank of the James Financial Group, Inc is a bank holding company headquartered in Lynchburg, Virginia. Through its principal subsidiary, Bank of the James, the company provides community banking services to individuals, businesses and organizations in Central Virginia and surrounding markets.
Bank of the James offers deposit accounts, commercial and residential real estate lending, consumer loans, business loans, mortgage services and other traditional banking products. The bank also provides treasury management and cash-management services designed to support commercial customers, along with online and mobile banking capabilities for personal and business clients.
Founded in 1999, Bank of the James has developed a regional branch network and emphasizes relationship-based banking and local decision-making.
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