Bank of the James Financial Group, Inc. (NASDAQ: BOTJ) has reported unaudited financial results for the three months and nine months ended September 30, 2026. The company reported net income of $3.32 million for the third quarter of 2026, an increase of $570,000 compared to the same period in 2025. Earnings per share for the quarter were $0.73, up from $0.61 in the prior year. For the first nine months of 2026, net income totaled $9.34 million, or $2.05 per share, compared to $6.30 million, or $1.39 per share, in the same period of 2025.
Key financial metrics for the third quarter of 2026 included total assets of $1.065 billion. Net interest income, after provision for credit losses, increased approximately 18% to $9.69 million compared to the third quarter of 2025. The net interest margin (tax-equivalent) was 3.81% for the quarter. Total deposits reached $963.60 million at September 30, 2026. Loans, net of the allowance for credit losses, stood at $694.03 million, and nonperforming loans decreased to $548,000. The allowance for credit losses was $6.55 million, representing 1,195.99% coverage of nonperforming loans.
On October 27, 2026, the Company’s Board of Directors declared a quarterly cash dividend of $0.15 per share of common stock. This represents an increase of $0.05 per share, or 50%, from the dividend declared in July 2026. The dividend is payable on or about December 4, 2026, to stockholders of record at the close of business on November 20, 2026.
