Bank of the James Financial Group (BOTJ) investor relations material

Executive summary

• Net income for Q2 2026 was $3.24 million, up 19.8% year-over-year; first half net income was $6.01 million, up 69.6% year-over-year.

• Earnings per share rose to $0.71 for Q2 and $1.32 for the first half, compared to $0.60 and $0.78, respectively, in 2025.

• Record results driven by higher net interest income, increased noninterest income, and lower noninterest expense.

• Board declared a $0.10 per share quarterly dividend, payable September 4, 2026.

Financial highlights

• Total assets reached $1.041 billion at June 30, 2026, up from $1.004 billion a year earlier.

• Net interest income after provision for credit losses rose 1.4% in Q2 and 8.7% for the first half year-over-year.

• Noninterest income increased 9.8% in Q2 and 14.7% for the first half year-over-year.

• Noninterest expense decreased 1.5% in Q2 and 3.1% for the first half year-over-year.

• Wealth management fees grew 12.8% in Q2 and 12.7% for the first half year-over-year.

Outlook and guidance

• Management expects loan growth to moderate after a robust Q2, with continued focus on disciplined underwriting and asset quality.

• Ongoing efforts to improve operating efficiency and expense management are expected to continue.