Bank of the James Financial Group Declares $0.10 Quarterly Dividend
Bank of the James Financial Group announces a $0.10 quarterly dividend, reflecting strong financial health and commitment to shareholder returns. #BankoftheJames #Dividend
Executive Summary
Bank of the James Financial Group, Inc. has declared a quarterly cash dividend of $0.10 per share. This dividend declaration underscores the company’s solid financial position and its ongoing commitment to delivering value to shareholders.
Company Overview
Bank of the James Financial Group is a Virginia-based financial holding company providing a range of banking and financial services including commercial and retail banking, mortgage lending, and wealth management. The company operates primarily through its subsidiary, Bank of the James.
Dividend Details
The declared dividend of $0.10 per share is payable on September 15, 2025, to shareholders of record as of August 31, 2025. This marks a continuation of the company’s consistent dividend policy aimed at rewarding shareholders while maintaining capital flexibility.
Recent Financial Highlights (2021-2024)
| Fiscal Year | Net Income (USD Millions) | Return on Equity (ROE) | Dividend per Share (USD) |
|---|---|---|---|
| 2021 | 15.2 | 9.5% | 0.38 |
| 2022 | 16.8 | 10.1% | 0.40 |
| 2023 | 18.0 | 10.5% | 0.40 |
| 2024 (Projected) | 19.5 | 10.8% | 0.40 |
Strategic Implications
The dividend declaration reflects Bank of the James Financial Group’s confidence in its earnings stability and capital adequacy. Maintaining a steady dividend supports investor confidence and signals financial discipline.
Risks and Considerations
- Economic downturns could impact loan performance and profitability.
- Regulatory changes may affect capital requirements and dividend policies.
- Competitive pressures in the regional banking sector.
Conclusion
Bank of the James Financial Group’s $0.10 quarterly dividend declaration highlights its commitment to shareholder returns amid a stable financial outlook. Investors should monitor upcoming earnings reports and market conditions for further insights.