BOTJ earnings analysis
What we found in BOTJ's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Bank of the James Financial Group reported Q2 2026 revenue of $13.73 million and diluted EPS of $0.71. EPS improved versus both Q1 2026 ($0.61) and Q2 2025 ($0.60), but revenue remained below Q2 2025’s approximately $16 million level. The 10-Q provides no quantitative guidance, reports effective controls, and states that there were no material changes to previously disclosed risk factors.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Sequential Revenue Improvement
- Reported revenue was $13.73 million, up from $12.70 million in Q1 2026, an increase of approximately 8.1%.
- EPS Increased Sequentially and Year Over Year
- Diluted EPS was $0.71, versus $0.61 in Q1 2026 and $0.60 in Q2 2025, increases of approximately 16.4% and 18.3%, respectively.
- Effective Disclosure Controls
- Management concluded disclosure controls were effective as of June 30, 2026, and reported no changes in internal control over financial reporting during the quarter.
- No Material Legal Proceedings
- The filing states that the company was not involved in any pending legal proceedings other than routine litigation incidental to its business as of August 12, 2026.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Revenue Decline Despite Higher EPS
- Revenue of $13.73 million remained below approximately $16 million in Q2 2025, a year-over-year decline of roughly 14.2%, despite EPS increasing to $0.71 from $0.60.
- Loan Portfolio and Credit Quality
- The company’s prior analysis identified a decreased loan portfolio size and increased nonperforming loans as operating concerns; the current 10-Q does not provide updated quantitative balances for either item.
- Existing Risk Factors Remain
- The filing states there were no material changes to the risk factors disclosed in the December 31, 2025 Form 10-K, filed March 27, 2026; therefore, existing credit, securities, and economic risks remain applicable.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.71
What they said about what is next.
The 10-Q does not provide quantitative revenue or EPS guidance. Management’s outlook is not quantified; no change to prior outlook was disclosed.
The filing reads about the same as the one before it.
What came before.
- 10-Q · May 12, 2026
- Bank of the James reported a significant increase in net income for Q1 2026, with earnings reaching $2.77 million or $0.61 per share, a substantial jump from $0.19 per share in Q1 2025. Revenue for the quarter was…
- 10-K · March 27, 2026
- Bank of the James (Banking holding company) emphasizes organic branch expansion and diversification of its Virginia footprint to reduce concentration in its Region 2000 market; the company operates retail/commercial…
- 10-Q · August 13, 2025
- Bank of the James reported solid second-quarter results: total revenue (net interest income plus noninterest income) rose to $12,325,000 and net income increased to $2,704,000, driving diluted EPS of $0.60 (Q2 2024:…
- 10-Q · August 12, 2024
- Q2 2024 showed revenue expansion but margin and EPS pressure. Total interest income plus noninterest income rose to $15,126,000 (Q2 2023: $13,027,000), yet net interest income after recoveries fell to $7,214,000 (Q2…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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