Bank of the James (BOTJ) Declares $0.06 Quarterly Dividend; 1.6% Yield

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Bank of the James Announces Third Quarter, Nine Months of 2018 Financial Results and Declaration of Dividend

October 19, 2018 12:02 PM EDT

Strong Year-Over-Year Earnings Growth, Loan and Deposit Expansion

LYNCHBURG, Va., Oct. 19, 2018 (GLOBE NEWSWIRE) -- Bank of the James Financial Group, Inc. (the Company) (NASDAQ: BOTJ), the parent company of Bank of the James, a full-service commercial and retail bank serving the greater Lynchburg area (Region 2000), and the Charlottesville, Harrisonburg, and Roanoke, Virginia markets, today announced unaudited results for the three months and nine months ended September 30, 2018.

Net income for the three months ended September 30, 2018 was $1.40 million or $0.32 per diluted share, up 38% compared with $1.02 million or $0.23 per diluted... More