Business Context and Reporting Period
Company: Bank of the James Financial Group, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: April 19, 2022
Reporting Period Referenced: Quarter and year-to-date ended March 31, 2022
This filing serves to announce the release of financial results for the first quarter of 2022 and to declare a quarterly cash dividend. The detailed financial results are contained in a press release attached as Exhibit 99.1.
Key Financial Metrics
The filing text itself does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being detailed in the attached Press Release (Exhibit 99.1) but are not included in the body of this 8-K document.
Material Changes and Corporate Actions
- Dividend Declaration: On April 19, 2022, the Board of Directors declared a quarterly cash dividend of $0.07 per share of common stock.
- Payment Details: The dividend is payable on or about June 17, 2022, to stockholders of record as of the close of business on June 3, 2022.
- Results Announcement: The Company issued a press release on April 22, 2022, regarding financial results for the period ended March 31, 2022.
Guidance, Outlook, and Risks
The filing text does not contain specific management commentary, forward-looking guidance, risk factors, or contingencies. It strictly references the attached press release for the announcement of results and the dividend declaration.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated April 22, 2022) for specific Q1 2022 revenue, net income, and earnings per share figures.
- Verify the record date (June 3, 2022) and payment date (June 17, 2022) for the $0.07 per share dividend.
- Confirm the trading symbol BOTJ on the NASDAQ Capital Market for any stock price impact following the announcement.