Bank of the James Announces First Quarter of 2024 Financial Results and Declaration of Dividend
Bank of the James Financial Group, Inc. (BOTJ)
US:NASDAQ Investor Relations:
bankofthejames.bank/investor-relations
Company Research
Source: GlobeNewswire
LYNCHBURG, Va., April 26, 2024 (GLOBE NEWSWIRE) -- Bank of the James Financial Group, Inc. (the “Company”) (NASDAQ:BOTJ), the parent company of Bank of the James (the “Bank”), a full-service commercial and retail bank, and Pettyjohn, Wood & White, Inc. (“PWW”), an SEC-registered investment advisor, today announced unaudited results of operations for the three month period ended March 31, 2024. The Bank serves Region 2000 (the greater Lynchburg MSA) and the Blacksburg, Charlottesville, Harrisonburg, Lexington, Roanoke, and Wytheville, Virginia markets. Net income for the three months ended March 31, 2024 was $2.19 million or $0.48 per basic and diluted share compared with $1.98 million or $0.43 per basic and diluted share for the three months ended March 31, 2023. Robert R. Chapman III, CEO, commented: “Our focus on execution – providing superior customer service, offering a robust menu of electronic banking products, and maintaining strong asset quality – has supported our earning
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