Bank of the James Q2 FY26 net income rises 19.82% to $3.24 million
BOTJ•Dividend declared
The board declared a quarterly dividend of $0.10 a share, payable Sept. 4 to holders of record Aug. 21.
Q2 net income and EPS rise
Bank of the James posted Q2 net income of $3.24 million, up 19.82% year over year; EPS rose to $0.71.
Net interest income and margin improve
Net interest income after provision for credit losses edged up 1.4% to $8.9 million; tax-equivalent net interest margin widened 0.26 percentage points to 3.71%.
Noninterest income, expenses and asset quality
Noninterest income climbed 9.84% to $4.48 million; noninterest expense slipped 1.52% to $9.31 million, pushing the efficiency ratio down to 67.82% from .
