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Bank Of The Jame Financial ( (BOTJ) ) has shared an update.
On January 5, 2026, Bank of the James Financial Group, Inc. announced the retirement of co-founder J. Todd Scruggs from the boards of the company and its banking subsidiary, as well as from his executive roles including Secretary, Treasurer, Executive Vice President and Chief Investment Officer, with the company emphasizing that his departure did not arise from any disagreement over operations, policies or practices. Scruggs, who co-founded Bank of the James in 1998 and served as Chief Financial Officer from inception through 2025, was credited with guiding the institution’s financial strategy through its transition to a public company and expansion from a de novo bank with $10 million in capital to a regional institution exceeding $1 billion in assets and more than 20 Virginia locations, underscoring both the significance of his long tenure and the importance of a smooth leadership transition for stakeholders.
The most recent analyst rating on (BOTJ) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Bank Of The Jame Financial stock, see the BOTJ Stock Forecast page.
Spark’s Take on BOTJ Stock
According to Spark, TipRanks’ AI Analyst, BOTJ is a Outperform.
Bank Of The James Financial receives a strong overall score driven by its robust financial performance, positive technical indicators, and strategic corporate events. The company’s stable financial position, attractive valuation, and recent dividend announcement contribute significantly to its appeal. However, challenges in revenue growth and profitability slightly temper the outlook.
To see Spark’s full report on BOTJ stock, click here.
More about Bank Of The Jame Financial
Bank of the James Financial Group, Inc., headquartered in Lynchburg, Virginia, is the parent of Bank of the James, a regional community bank serving customers across numerous Virginia markets including Region 2000, Roanoke, Charlottesville, Harrisonburg and Lexington. Through its branches and divisions, the bank provides a full suite of banking, mortgage origination, investment, and insurance services, while the holding company also offers investment advisory services via its SEC-registered subsidiary Pettyjohn, Wood & White, Inc.; its common stock trades on the NASDAQ under the symbol BOTJ.
Average Trading Volume: 3,221
Technical Sentiment Signal: Buy
Current Market Cap: $83.01M
See more insights into BOTJ stock on TipRanks’ Stock Analysis page.