Bank Of The James Financial Modifies Promissory Note Agreement

Bank Of The Jame Financial ( (BOTJ) ) has provided an announcement.

On August 18, 2025, Bank of the James Financial Group, Inc. entered into a Second Note Modification Agreement with The National Bank of Blacksburg, effective September 1, 2025, concerning a Secured Promissory Note originally issued in December 2021. The agreement extends the maturity date to August 31, 2030, adjusts the interest rate to 5.65%, and modifies the repayment schedule to 240 monthly installments of approximately $61,000, with a final balloon payment of $7.4 million. This modification aims to improve the company’s financial flexibility and manage its debt obligations effectively, impacting its operational strategy and stakeholder interests.

The most recent analyst rating on (BOTJ) stock is a Buy with a $15.50 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’s overall stock score is driven by strong financial performance and attractive valuation metrics. The company’s solid balance sheet and consistent revenue growth are significant strengths. However, technical indicators suggest a neutral market sentiment, which slightly tempers the overall score. The absence of earnings call data and corporate events means these factors do not influence the score.

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. operates in the financial services industry, with a focus on providing banking and investment advisory services. The company owns Pettyjohn, Wood & White, Inc., an investment advisory subsidiary.

Average Trading Volume: 6,395

Technical Sentiment Signal: Strong Buy

Current Market Cap: $63.56M

See more insights into BOTJ stock on TipRanks’ Stock Analysis page.