Filing Flows › Bank of the James Financial Group (BOTJ) › Q1 2025
Bank of the James Financial Group (BOTJ) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Bank of the James Financial Group (BOTJ) reported revenue of $11.0M for the first quarter 2025 (Q1 2025), +7% from a year earlier and -4% from the quarter before. Operating margin was 9.4%, net earnings $842K (7.7% of revenue).
Bank of the James Financial Group, Q1 2025: revenue $11.0M (+7% year over year), operating margin 9.4%, net earnings $842K, operating cash flow $763K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.0M | -4% | +7% |
| Operating profit | $1.0M | -50% | -62% |
| Net earnings | $842K | -48% | -62% |
| Operating cash flow | $763K | -60% | — |
| Free cash flow | $141K | -91% | — |
What changed
Revenue was $11.0M in Q1 2025, up 7% year over year and down 4% from the previous quarter.
Operating profit was $1.0M, a 9.4% margin (down 17.1 points year over year). Operating profit fell $1.7M even though revenue rose $745K versus a year earlier, so costs grew faster than sales. Total costs grew 32% against revenue growth of 7%. Net earnings were $842K, down 62% year over year. The effective tax rate was 19.0%.
Operating cash flow was $763K, 91% of net earnings. Non-cash charges added back $324K of depreciation and amortization. Working capital and other items used $403K. Capital expenditures of $622K left free cash flow of $141K.
Questions
What was Bank of the James Financial Group's revenue in the first quarter 2025?
Bank of the James Financial Group (BOTJ) reported revenue of $11.0M for the first quarter 2025 (Q1 2025), +7% from a year earlier and -4% from the quarter before.
Was Bank of the James Financial Group profitable in the first quarter 2025?
Operating profit was $1.0M (9.4% of revenue) and net earnings $842K.
Source: Bank of the James Financial Group 10-Q on SEC EDGAR.