Bank of the James Financial Group

Bank of the James was founded in 1999 as we watched many of our local banks being taken over by large corporate banks and institutions. We saw the level of service and quality of banking available to our community erode as decisions were being made in other states, and customer service was defined by an automated message at the other end of a toll-free number. When Bank of the James opened its doors, it brought together many of the area’s finest bankers. From a start-up team of 12 employees and 10 directors, the Bank has achieved the reputation as being one of the area’s leading financial institutions. Today our Company has more than 100 employees, 12 members serving on our Board of Directors and over 40 business men and women who serve on our regional advisory boards. At Bank of the James, we’re committed to restoring your faith in banks. We combine experienced knowledge of the banking world with an intimate understanding of the communities in which we live and work. We’re unencumbered by the layers of bureaucracy that plague large institutions. We make all of our decisions at the local level which means you get answers quickly so you can move forward with your life and plans. We focus on relationships first. By getting to know you, we’re able to find solutions that let you meet your goals and fulfill your dreams. We’re creative and understanding, plus we have the flexibility to customize loans and provide financial solutions that suit your situation. Knowing that convenience is important to you, we offer innovative products and services, such as online banking, mobile banking, and remote deposit capture, so you can bank from anywhere in the world. In addition, our fees and interest rates are very competitive. What really defines us is our team. Experienced, professional, and extremely approachable, our executives and staff are also immersed in their communities, where they donate time, energy, and expertise to local charities and organizations.
Lynchburg, US
Size (employees)
121 (est)
Bank of the James Financial Group was founded in 1999 and is headquartered in Lynchburg, US

Bank of the James Financial Group Office Locations

Bank of the James Financial Group has an office in Lynchburg
Lynchburg, US (HQ)
828 Main St

Bank of the James Financial Group Data and Metrics

Bank of the James Financial Group Financial Metrics

Bank of the James Financial Group's revenue was reported to be $26.4 m in FY, 2016 which is a 30% increase from the previous period.

Revenue (FY, 2016)

26.4 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

24 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

3.3 m

EBIT (FY, 2016)

17.6 m

Market capitalization (28-Jun-2017)

64.1 m

Closing share price (28-Jun-2017)


Cash (31-Dec-2016)

28.7 m
Bank of the James Financial Group's current market capitalization is $64.1 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


18.4 m18.7 m20.3 m26.4 m

Revenue growth, %


Cost of goods sold

2.7 m2.3 m

Gross profit

17.6 m24 m

Gross profit Margin, %



17.3 m17.6 m

EBIT margin, %


Pre tax profit

5.3 m4.8 m

Net Income

3.1 m3.4 m3.7 m3.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016


16.7 m12.7 m28.7 m28.7 m

Accounts Receivable

1.4 m1.2 m1.2 m1.4 m


8.4 m9.3 m10 m10.9 m

Total Assets

434.5 m460.9 m527.1 m574.2 m

Accounts Payable

65 k58 k61 k88 k

Additional Paid-in Capital

22.9 m22.9 m31.5 m31.5 m

Retained Earnings

2.1 m5 m7.9 m10.2 m

Total Equity

29.8 m34.8 m48.2 m49.4 m

Financial Leverage

14.6 x13.3 x10.9 x11.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

3.1 m3.4 m3.7 m3.3 m

Depreciation and Amortization

720 k756 k767 k767 k

Cash From Operating Activities

4.8 m5.6 m3.3 m2.8 m

Purchases of PP&E

(30.4 m)(3.1 m)

Cash From Investing Activities

(21.7 m)(30.3 m)(50.3 m)(47.2 m)

Cash From Financing Activities

(7.4 m)20.7 m62.9 m44.5 m

Interest Paid

2.4 m2.3 m2.7 m2.3 m

Income Taxes Paid

1.3 m1.4 m1.9 m2.1 m
USDY, 2016


217.9 k

Financial Leverage

11.6 x

Bank of the James Financial Group Market Value History

Bank of the James Financial Group Online and Social Media Presence

Bank of the James Financial Group Company Life and Culture

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