Filing Flows › Bank of the James Financial Group (BOTJ) › Q1 2026
Bank of the James Financial Group (BOTJ) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 12, 2026
Bank of the James Financial Group (BOTJ) reported revenue of $12.7M for the first quarter 2026 (Q1 2026), +15% from a year earlier and -1% from the quarter before. Operating margin was 27.4%, net earnings $2.8M (21.8% of revenue).
Bank of the James Financial Group, Q1 2026: revenue $12.7M (+15% year over year), operating margin 27.4%, net earnings $2.8M, operating cash flow $4.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.7M | -1% | +15% |
| Operating profit | $3.5M | -0.3% | +235% |
| Net earnings | $2.8M | +2% | +229% |
| Operating cash flow | $4.7M | +140% | +521% |
| Free cash flow | $4.4M | +225% | 31× |
What changed
Revenue was $12.7M in Q1 2026, up 15% year over year and down 1% from the previous quarter.
Operating profit was $3.5M, a 27.4% margin (up 18.0 points year over year). Of the extra revenue versus Q1 2025, 144% reached operating profit, above the 9% margin then. Total costs fell 7% while revenue rose 15%. Net earnings were $2.8M, up 229% year over year. The effective tax rate was 20.3%.
Operating cash flow was $4.7M (up 521% year over year), 171% of net earnings. Non-cash charges added back $346K of depreciation and amortization. Working capital and other items added $1.6M. Capital expenditures of $382K left free cash flow of $4.4M.
Questions
What was Bank of the James Financial Group's revenue in the first quarter 2026?
Bank of the James Financial Group (BOTJ) reported revenue of $12.7M for the first quarter 2026 (Q1 2026), +15% from a year earlier and -1% from the quarter before.
Was Bank of the James Financial Group profitable in the first quarter 2026?
Operating profit was $3.5M (27.4% of revenue) and net earnings $2.8M.
Source: Bank of the James Financial Group 10-Q on SEC EDGAR.