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Bank of the James Announces Leadership Transition

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Bank of the James Announces Leadership Transition

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

On October 28, 2025, Bank of the James Financial Group announced a leadership transition effective January 1, 2026, with J. Todd Scruggs moving from Chief Financial Officer (CFO) to Chief Investment Officer (CIO), and Eric J. Sorenson, Jr., currently General Counsel, appointed as the new CFO. This change aims to enhance oversight and coordination of financial and investment strategies, with Scruggs focusing on investment portfolio management and Sorenson overseeing financial operations. The transition reflects the board’s confidence in both leaders and supports the company’s strategic goals of focused responsibilities, balanced skillsets, and strengthened governance.

The most recent analyst rating on (BOTJ) stock is a Buy with a $17.50 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 Jame Financial’s stock is rated positively due to strong technical indicators and attractive valuation. While financial performance shows robust revenue growth and effective cash flow management, profitability remains a challenge. The absence of earnings call data and corporate events does not impact the score significantly.

To see Spark’s full report on BOTJ stock, click here.

More about Bank Of The Jame Financial

Bank of the James is a full-service commercial and retail bank headquartered in Lynchburg, Virginia, and a wholly-owned subsidiary of Bank of the James Financial Group, Inc. The bank offers investment and insurance services through its BOTJ Investment Services division and BOTJ Insurance, Inc. subsidiary, and provides mortgage loan origination through Bank of the James Mortgage. Additionally, the company offers investment advisory services via its subsidiary, Pettyjohn, Wood & White, Inc., an SEC-registered investment advisor.

Average Trading Volume: 2,967

Technical Sentiment Signal: Buy

Current Market Cap: $73.78M

For detailed information about BOTJ stock, go to TipRanks’ Stock Analysis page.

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