Addison, director, buys Bank of the James (BOTJ) shares worth $1,876

Published 14/08/2025, 14:20
Addison, director, buys Bank of the James (BOTJ) shares worth $1,876

Lewis C. Addison, a director at BANK OF THE JAMES FINANCIAL GROUP INC (NASDAQ:BOTJ), purchased 134 shares of the company’s common stock on August 13, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were bought at a price of $14.0, totaling $1,876. The purchase comes as InvestingPro analysis shows the $63.8 million market cap bank trading below its book value at a P/B ratio of 0.89, with a "GOOD" overall financial health rating.

Following the transaction, Addison directly owns 19,433 shares of Bank of the James Financial Group. The company maintains a shareholder-friendly approach with a 2.85% dividend yield and has maintained dividend payments for 12 consecutive years, according to InvestingPro data.

In other recent news, Bank of the James Financial Group announced that its Board of Directors declared a quarterly cash dividend of $0.10 per share of common stock. This dividend will be paid to shareholders of record as of the close of business on September 12, 2025, with the payment date set for on or about September 26, 2025. The announcement was made in a statement released and disclosed in a filing with the Securities and Exchange Commission. Bank of the James Financial Group is incorporated in Virginia and is listed on the NASDAQ Capital Market. This development is part of the company’s ongoing financial activities and provides shareholders with a return on their investment.

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